Tribunal rejects Pringles chips importer appeal against assessment order
KARACHI: Deciding an appeal against classification of chips as crisp savoury food products, Customs Appellate Tribunal rejected the appeal filed by M/s IBL Operations which imports Pringles Snacks...
View ArticleCustoms implements changes in WeBOC system
KARACHI: The Directorate of Reforms and Automation – Customs has inserted an additional text box in WeBOC software, which enables importers and customs agents to enter invoice value of the items...
View ArticlePakistan’s imports and exports witness shift in pattern
KARACHI: Data from an official report of Customs Appraisement South suggests that Pakistan’s import of leading items, which contributed significantly towards the Customs revenue declined drastically in...
View ArticleTransfer notification of PCS officers likely next week
KARACHI: The Federal Board of Revenue (FBR) is likely to notify transfers and postings of Pakistan Customs Service (PCS) officers of Grade-17 to Grade-19 next week, sources told Customnews.pk on...
View ArticleCustoms Appellate Tribunal remits fine, penalty on importer and agent
KARACHI: The Customs Appellate Tribunal allowed identical appeals filed by M/s Axis International and M/s MAK Enterprises clearing agent against the imposition of re-demption fine and penalty on...
View ArticleFIR lodged against importer, agent and customs official for attempted evasion
KARACHI: The Directorate General of Intelligence & Investigation – Customs has lodged an FIR against an importer, clearing agent and customs examiner for attempting to evade duty/taxes to the tune...
View ArticleStubborn KICT continues with the habit of evading duty and taxes
KARACHI: The Directorate of Post Clearance Audit – Customs has detected evasion of duty and taxes to the tune of Rs7.733 million by M/s Karachi International Container Terminal (KICT) through...
View ArticlePost Clearance Audit committed to plug revenue leakage
KARACHI: The Directorate of Post Clearance Audit (PCA) has made 29 contravention reports and audit observed in the month of August 2015 involving revenue of Rs153.028 million. This revenue leakage has...
View ArticleFTO empowers regional offices to investigate complaints
KARACHI: The Federal Tax Ombudsman Secretariat has empowered the Advisors posted at Ombudsman’s regional offices across the country to investigate the complaints pertaining to income tax, Customs,...
View ArticleAnti Smuggling Organization foils bid to smuggle diesel
KARACHI:The staff of Anti Smuggling Organization (ASO) of Model Customs Collectorate (MCC) Hyderabad foiled a bid to smuggle 25,000 litres High Speed Diesel (HSD) from Quetta to interior Sindh. The...
View ArticleOfficers assigned tasks and responsibilities at MCC Appraisement West
KARACHI: Collector MCC Appraisement West Dr. Jawwad Uwais Agha as notified re-distribution of work amongst officers. Accordingly, Ms. Zeba Bashir Ahmad Additional Collector-I has been assigned Policy...
View ArticleSugar miller, PRAL staff booked in export subsidy scam
KARACHI: The MCC Peshawar has booked sugar miller, customs agent and PRAL staff in the export subsidy fraud as the gang evaded duty/taxes and attempted to fraudulently avail huge amount of export...
View ArticleImporter seeks SHC permission for release of goods against bank guarantee
KARACHI: A division bench of High Court of Sindh issued notice to the FBR, Collector Customs, West and Director General, Directorate of Valuation for Sept 11 , in an application filed by Perwaiz...
View ArticleGold smuggler arrested
KARACHI: The MCC Preventive has arrested a person for attempting to smuggle gold slabs into the country and seized the commodity worth Rs2.64 million. An FIR to this effect has been lodged and...
View ArticleFBR notifies large-scale re-shuffling in Inland Revenue Service
KARACHI: The Federal Board of Revenue (FBR) has notified large-scale transfers/postings Grade-18 and Grade-19 officers of Inland Revenue Service. Accordingly, Mir Alam Khan (Inland Revenue...
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Customs values of ceramic & porcelain tiles revised
KARACHI: The Directorate General of Customs Valuation has fixed the Customs values of ceramic & porcelain tiles vide Valuation ruling No.758/2015. This is a very important ruling and Additional...
View ArticlePCA serves contravention report against Lyallpur Chemicals and Fertilizers
KARACHI: The Directorate of Post Clearance Audit (PCA) has prepared a contravention report against M/s Lyallpur Chemicals and Fertilizers Limited for evading leviable taxes through claiming...
View ArticleFBR discontinues performance allowance of BS-16 officials
KARACHI: The Federal Board of Revenue (FBR) has discontinued ‘performance allowance’ of hundreds of Customs and Inland Revenue officers of BS-16 as these officials had not submitted the Declaration of...
View ArticleFBR advises enforcement of austerity measures
KARACHI: The Federal Board of Revenue (FBR) has forwarded the directives of Finance Division to enforce certain austerity and economic measures during the financial year 2015-16. Accordingly, there...
View ArticleFBR notifies large scale transfers of BS-19 officers of PCS
KARACHI: The Federal Board of Revenue (FBR) has notified transfers of 47 BS-19 officers of Pakistan Customs Service (PCS). The officers transferred include Iftikhar Ahmad moved from Additional...
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