Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The newly implemented Faceless Customs Assessment (FCA) system has come under fire from industry leaders and customs agents due to significant delays and inefficiencies. Sharjeel Jamal, Convenor of the…
The Federal Board of Revenue (FBR) has announced the implementation of a Faceless Customs Assessment system through a Centralized Assessment Unit. Sharjeel Jamal, Convenor of the FPCCI Trade and Facilitation…
KARACHI: In a significant move to improve the quality and transparency of customs assessments for imported goods, Pakistan’s Federal Board of Revenue (FBR) has introduced the Faceless Customs Assessment (FCA)…
KARACHI: Customs Intelligence and Investigation – FBR has served notices on sever importers advising them to provide details of their imported yarn including Kota Yarn. The import data retrieved from…
KARACHI: Customs Appraisement West has secured additional 5-day physical remand of importers and clearings agents, for fraudulent manipulation of the WeBOC and PSW system to avail unauthorized “open account” mode…
KARACHI: MCC Appraisement West has lodged multiple FIRs against several importers for fraudulent manipulation of the WeBOC and PSW system to avail unauthorized “open account” mode of import transaction in…
KARACHI: In a significant development, the Karachi Customs Agents Association (KCAA) has taken decisive steps following a meeting with the Chief Collector Appraisement South. The actionable points discussed during the…
KARACHI: Customs Appraisement Peshawar has lodged an FIR against several importers and Customs agents for evading government revenue through mis-declaring the weight of the imported goods. FIR is lodged against…
Written by: Muhammad Idrees Yahya B.S. Civil Engineer B.A. LLB (4th Year) Director Operations, Ocean Packers & Movers (Customs Agent) National Consultant, International Trade Centre, United Nations. Back in the…
KARACHI: The clearance of commercial imports (HC type) of 159 further commodities requiring PSQCA certification being imported at all seaports of Karachi and JIAP is switched to Pakistan Single Window…
KARACHI: The clearance of commercial imports (HC type) of the following further commodities requiring Pakistan Standard Standards and Quality Control Authority (PSQCA) certification being imported at all seaports of Karachi…
KARACHI: MCC Appraisement East has lodged an FIR against M/s RIZ Green Industries and clearing agent M/s Shafaay International for submitting fake documentation to hoodwink the authorities and evade legitimate…
KARACHI: Commercial imports (HC type) of DPP related commodities are being imported from all seaports of Karachi are being switched from WeBOC to PSW system in phases. Initially, the import…
KARACHI: Pakistan Single Window (PSW) has implemented integration of commercial banks and the requirement of filing EIF/EFE with each Goods Declaration has been dispensed with as per amendments made in…
KARACHI: Pakistan Single Window (PSW) has implemented integration of commercial banks and the requirement of filing EIF/EFE with each Goods Declaration has been dispensed with as per amendments made in…
KARACHI: Customs Appraisement South has extended the date in the implementation of entry of empty containers in terminal electronically only through WeBOC system till November 30, 2021. As directed previously,…
Examination can be expedited but customs authorities reluctant to give WEBOC access: Brig. Waqar KARACHI: Commandant Anti-Narcotics Force (ANF) Brig. Syed Waqar Haider Rizvi has said that ANF’s examination procedure…
KARACHI: Despite lapse of over a year, Directorate of Reforms and Automation has failed to incorporate changes in WeBOC regarding collection of sales tax on retail price at import stage…
KARACHI: Justice Fahim Ahmed Siddiqui of High Court of Sindh (SHC) admitted an accused Muhammad Ahsan son of Muhammad Arshad to protective bail for seven days against a solvent surety…
KARACHI: The Federal Board of Revenue (FBR) has planned to implement an Artificial Intelligence (AI) based centralized scanning of all imported cargo and automatic customs declarations verification system. The verification…