Importers misusing order of SHC of concession under Section 81, Custom Act 1969
KARACHI: The importers of different goods are taking undue advantage of regular orders passed by High Court of Sindh allowing benefit of Section 81 of Customs Act 1969, Ilyas Ahsan, counsel for...
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SHC seeks comments from Directorate of Intelligence and Investigations within...
KARACHI: A division bench of High Court of Sindh (SHC) sought comments from Directorate General of Intelligence and Investigations by Thursday adjourning hearing of a petition challenging alleged...
View ArticleSHC summons details from Commerce Ministry in Concrete Mixer trucks case
KARACHI: The hearing of two identical constitution petitions challenging detention of 10 and 12 units Concrete Transit Mixer Trucks was adjourned till Nov 25 by a division bench of High Court of Sindh...
View ArticleUpgradation of BS-16 officers into BS-17; FBR advised to approach Finance...
KARACHI: The Establishment Division has advised the Federal Board of Revenue (FBR) to submit a summary to the Finance Division so that the salaries of BS-16 officers who are to be promoted in Grade-17...
View ArticleSHC puts of hearing in 30 identical petitions about Dumper truck till Dec 02
Karachi: A division bench of High Court of Sindh (SHC) comprising Chief Justice Faisal Arab and Justice Muhammad Iqbal Kalhoro on Thursday put of hearing of 30 identical petitions pertaining to the...
View ArticleHearing in duty draw back claims case adjourned till Nov 27
Karachi:- A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Muhammad Junaid Ghaffar adjourned hearing in a case relating to duty draw back claim after the...
View ArticleAnother consignment seized as anti-smuggling campaign continues
KARACHI: Directorate of I&I Peshawar in an operation has seized miscellaneous smuggled goods worth Rs28 million and arrested one person, as the authorities are committed to root out the menace of...
View ArticleCustoms values of polyester grey fabric determined
KARACHI: The Directorate General of Customs Valuation has determined the Customs values of unfinished/undyed/unbleached polyester grey fabric vide valuation ruling No. 771/2015. A valuation regarding...
View Article11 percent tax-to-GDP ratio, 1m taxpayers indicative of right trajectory
KARACHI: Outgoing FBR Chairman Mr. Tariq Bajwa has said the tax-to-GDP ratio has crossed 11 per cent while the number of taxpayers filing their tax returns is also set to cross one million for the...
View ArticleMinor reshuffling in Inland Revenue Service
KARACHI: The Federal Board of Revenue (FBR) has notified reshuffling of BS-20 and BS-19 officers in the Inland Revenue Service (IRS). According to a notification, Anwar ul Haq (Inland Revenue...
View ArticleCustoms appellate tribunal allows appeal in auto-parts case
KARACHI: The Custom Appellate Tribunal, Bench–I Karachi allowing an appeal vacated a show cause notice issued to appellant Ghazi Steel Mills. The tribunal headed by Muhammad Nadeem Qureshi, Member...
View ArticleCustoms I&I Quetta expands ambit of anti-smuggling operation
KARACHI: Customs Intelligence Quetta has seized large quantity of smuggled goods worth Rs35 million in an operation at Mastong, Dasht in Balochistan. These goods are suspected to be coming from...
View ArticleNo armed personnel can enter Customs House sans prior permission
KARACHI: Customs Preventive staff posted at the gate of Customs House has been strictly instructed that no armed persons, not even personnel of law enforcement and security institutions would enter the...
View ArticleCentral Bank maintains discount rates at 6.0 percent
KARACHI: The State Bank of Pakistan (SBP) has announced that the key interest rates would remain unchanged at 6.0 percent for November-December 2015. The Central Bank in the Monetary Policy Decision...
View ArticleAyan Ali might escape out of country
KARACHI: Border security agencies, Customs as well as Immigration staff has been alerted as there are reports some wanted elements would be moving illegally to Afghanistan for forward movement to...
View ArticleMega crackdown against smuggling planned
KARACHI: Government has planned a strong crackdown against smuggling as it has become evident that money made through smuggling is funding terrorists as well as anti-social elements. Sources said that...
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NAB determined to root out corruption
KARACHI: The Visiting British delegation headed by Lord Nazir Ahmed met the DG NAB (K) Col (R) Siraj ul Naeem. He was accompanied by his team members, Mr. Martin Hyde, Researcher in the Cybercrime and...
View ArticleAttempt to evade duty through mis-declaration foiled
KARACHI: MCC Appraisement East has foiled a bid of clearing secondary quality steel in the garb of prime quality, which if had gone undetected, the exchequer would have suffered a loss of Rs11 million....
View ArticleUS Army cargo pilferage case remains a hot cake
KARACHI: Pakistan Customs has recently detected a mega-scam, whereas US Army reverse cargo including power generating sets were being pilfered out of the cargo during their transit through...
View ArticleCustoms values of synthetic rubber revised
KARACHI: Director Customs Valuation Manzoor Memon has determined the custom values of synthetic rubber ‘NBR’ & ‘SBR’ vide Valuation Ruling No.772/2015. Customs values of Synthetic Rubber (NBR &...
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