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DG Customs Valuation, Samaira Nazir rejects petition of Gypsum Board

KARACHI: The Director General (DG), Customs Valuation, Samaira Nazir Khan rejected revision petitions against Valuation Ruling No. 777/2015 December 12, 2015. The revision petition was filed by DFB...

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Samaira DG Customs Valuation rejects fibre cement board revision petition

KARACHI: Samaira Nazir Khan Director General (DG) Directorate General of Customs Valuation Karachi has rejected the revision petition of Pre-Engineered Building Industries Private Limited under Section...

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SHC dismiss restoration application 221 mln case for non-prosecution

KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Anwar Hussain on Friday dismissed a restoration application filed by a plaintiff/applicant...

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FBR launches campaign to make tax amnesty scheme a success

KARACHI: The Voluntary Tax Compliance Scheme (VTCS) is applicable for both non-filers and filers and those who have already filed the tax returns can revise their filing on payment of additional tax....

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Customs Intelligence Quetta recovers 120 KG of Charas

KARACHI: On the special directives of Imtiaz Ahmed Khan, Director General Customs Intelligence, Islamabad, the Directorate of Customs Intelligence Quetta has stepped up its efforts to crack down on...

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FBR reshuffles senior Inland Revenue officers

KARACHI: The Federal Board of Revenue (FBR) has notified transfers and postings of 23 senior officers (BS-19-20) of Inland Revenue Service (IRS) with immediate effect and until further orders. The...

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Customs values of tyres & tubes revised

KARACHI: The Director Customs Valuation Manzoor Hussain Memon has revised the customs values of tyres & tubes vide Valuation Ruling No.812/2016. Customs values of tyres and tubes were determined...

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Transporters alliance forcibly take 06 loaded containers into custody

KARACHI: A transporters association has forcibly seized as many as six containers said to be loaded with foodstuff after two cranes were destroyed during the destruction of these containers being...

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Customs values of MDF Board determined under new Valuation Ruling

KARACHI: The Director of Valuation determined the value of MDF (Maximum Density Fiber) Board and its value added products, Pakistan Customs in Valuation Ruling No. 815/2016 dated January 29, 2016. The...

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Customs prosecution suffers for lack of funds

KARACHI: The hundreds of cases filed by or against Pakistan Customs are suffering due to non–representation or non- appearance of the lawyers before different courts of law. According to sources within...

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Collector Customs Adjudication put forward formula assessing power factor of...

KARACHI: Collector Customs Adjudication on reply of DG Khan Cement Company that Company has imported a generator set of 1,102 kilovolt ampere (KVA) put forward a formula in order to assess the real...

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Senior custom officers transferred by FBR

KARACHI: Federal Board of Revenue (FBR) ordered transfer of five senior officers here on Monday with immediate effect and until further orders. Those transfered included Nadeem Ahsan (BS-19),...

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Engro Elengy suit adjourned till Feb 19 by SHC

KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Monday adjourned hearing of a suit filed by Engro Elengy Limited against levy of Sales Tax, Income tax etc till Feb 19. The...

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MCC Quetta continues targeting smuggling

KARACHI: The MCC Quetta in two separate operations conducted with the assistance of FC Quetta has seized huge quantity of smuggled goods worth over Rs2.0 million. Information was received by the...

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Sheikh Tariq appointed Chairman of FPCCI Standing Committee on Customs Agents

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Abdul Rauf Alam has appointed Sheikh Mohammad Tariq as the Chairman of FPCCI Standing Committee on Customs Agents...

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SHC ORDERS Pakistan Customs to avail legal remedies in 10 days

KARACHI: The authorities of Pakistan Customs were directed by a divisional bench of High Court of Sindh comprising to avail legal remedies available to them within 10 days against an importer or...

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Collector Customs Adjudication Muhammad Jawaid directs pharmaceutical firm to...

KARACHI: Chaudhry Muhammad Javaid Collector of Customs Adjudication II has directed M/s Sami Pharmaceuticals (Private) Limited Karachi to pay duty and taxes amounting to Rs 14.64 million as the Company...

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Revenue collection by Pakistan Customs surge 10.9 percent

KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. seven months (July-January 2016) has surged by 10.9 percent to Rs589.078 billion as against Rs531.05 billion...

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AFU Lahore recovers 500 donkey hides

  KARACHI: Customs AFU Lahore has seized 500 donkey hides from Royal Shed AFU and arrested two persons. Additional Collector Jamil Nasir had this information. Subsequently, Assistant collector Export...

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FBR in full gear to make Voluntary Tax Compliance Scheme a success

KARACHI: Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan on Tuesday inaugurated a control room-cum-operational room in the FBR Headquarters to coordinate activities in FBR’s...

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