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Customs Intelligence Peshawar seized smuggled goods

KARACHI: Customs Intelligence Peshawar has seized two containers stuffed with smuggled goods worth hundreds of millions and arrested two persons in a joint operation as part of ongoing campaign against...

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Customs Classification Committee reconstituted

KARACHI: MCC Appraisement East has reconstituted the Classification Committee for determining the classification of an imported item. Additional Collector Muhammad Haris Ansari will head the Committee...

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KICT achieves 10 Million TEU milestone

KARACHI: Karachi International Container Terminal (KICT) on Friday achieved a milestone when it handled 10 th million TEU (Twenty-Foot Equivalent Unit) becoming the first container operator in...

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Officials suspended in wheat import scam provisionally restored

KARACHI: The Federal Board of Revenue (FBR) has provisionally restored four officials, which were suspended for their suspected involvement in the wheat import scam. Overall, five officials including...

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Inland Revenue challenges jurisdiction of SHC in suit by A.Z Agro Industries

KARACHI:- The Director General, Intelligence and Investigations (I&I), Inland Revenue challenged the jurisdiction of the High Court of Sindh (SHC) to entertain civil proceedings in a matter falling...

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Mechanism notified to discourage transshipment cargo replacement

KARACHI: In order to discourage pilferage and replacement of transshipment cargo (TP), the Federal Board of Revenue (FBR) has made it mandatory for the importer or his authorized clearing agent to...

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AFU approaches PCT committee for classification of EVO wifi devices

KARACHI: The Air Freight Unit (AFU) of MCC Preventive has approached PCT Committee to determine the classification of Charji Evo dual mode mobile hotspot device and Evo 3G Nitro clout model on priority...

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Upgradation of BS-16 officers; Senate Committee meets on Tuesday

KARACHI: Senate Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization would take up the issue of upgradation of Customs BS-16 officers into BS-17 on Tuesday, November 10, 2015....

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Unwarranted exemption to Aviation sector cost billions in customs duty, Sales...

KARACHI: The targets set for customs duty and other levies are not ‘chasable’ due to unwarranted ‘blanket tax exemptions’ to particular sectors, senior custom and Federal Board of Revenue officers...

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MCC Quetta seizes smuggled goods

KARACHI: The Model Customs Collectorate of Quetta in three separate operations has seized large quantity of smuggled goods and vehicles as part of ongoing campaign against smuggling. The goods are...

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Committee formed to take-up gold jewelry export scam

KARACHI: Chief Collector Enforcement South has constituted a 6-member committee to investigate the mega scam involving export of gold jewelry on fake and forged documents. Collector Exports Karachi...

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SHC expresses anguish over DG Valuation’s conduct

KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid Ghaffar on Tuesday expressed annoyance over the attitude of Director General Valuation,...

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Misuse of exemption; Audit Observation served on M/s SSGC

KARACHI: The Directorate of Post Clearance Audit Karachi has served an Audit Observation on M/s Sui Southern Gas Company (SSGC) advising the company to deposit Rs54.196 million into the national...

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SHC allows return of surety of accused in alleged ISAF Containers cases

KARACHI:- The Nazir of the High Court of Sindh (SHC) was directed by a division bench comprising Justice Niamatullah Phulpoto and Justice Abdul Malik Gaddi here Tuesday to return the surety of...

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MCC Preventive seeks PCT Committee’s decision on classification of LED Monitors

KARACHI: The Air Freight Unit (AFU) MCC Preventive Karachi has forwarded a case to PCT Classification Committee requesting urgent decision regarding the classification of LED Monitors. According to...

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MCC Appraisement East detects fiscal fraud involving millions of rupees

KARACHI: The Collector of Customs Adjudication Javed Chaudry has served Show Cause Notice on the importer and clearing agents for evading government revenue through suppressing actual value of imported...

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SHC orders LED consignments release after importer alleges discrimination

KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Junaid Ghaffar on Wednesday ordered release of more than a dozen consignments of LED lights and...

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Pakistan Custom concedes provisional release of pharmaceutical ingredient

KARACHI:- Pakistan Custom authorities, Wednesday conceded release of pharmaceutical active ingredient imported by Zafa Pharmaceuticals Limited pending a decision by the Drug Regulatory Authority. Sindh...

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FBR merge several cadres of BS-16 in Pakistan Customs

KARACHI: The Federal Board of Revenue (FBR) has merged several BS-16 posts in Pakistan Customs and declared a couple of posts as dying cadre, however Principal Appraiser and Superintendent, which is...

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PCA creates demand against LED lights importers

KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has served audit observations on two different LED lights importers for short-paying duty and taxes through claiming concessions not...

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