SHC reserves order in petition seeking benefit of section 81 after exhaustion...
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Friday reserved order in a number of identical petitions seeking...
View ArticleJudgment reserved in Engro Elengy Suit by SHC
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh on Friday reserved the judgment in a suit filed by Engro Elengy Terminal (Private) Limited. The plaintiff challenged against refusal of...
View ArticleSHC dismisses petition by Muhammad Ali Chandna
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Friday dismissed a constitution petition filed by an importer...
View ArticleMastermind of bogus ST refund scam sent to jail
KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail who was arrested by the Directorate of...
View ArticleCustoms to implement I-form mechanism to track import transactions
KARACHI: Pakistan Customs is preparing a module in the WeBOC system to enable mandatory uploading of import-form i.e. I-Form for recording of the transaction between the importer and exporter. A...
View ArticleAppraisement West to challenge High Court’s order
KARACHI: MCC Appraisement West has decided to appeal against the order of High Court of Sindh release consignment imported by M/s Badar Computers on payment of all duty and taxes along with pay-orders...
View ArticleMCC Port Qasim recovers evaded amount from Mobilink
KARACHI: MCC Port Qasim has recovered an amount of Rs6.969 million from M/s Pakistan Mobile Communication (Mobilink), which was evaded through mis-classification of imported goods. The company imported...
View ArticleCustoms put hold on all fabric consignments coming from Dubai
KARACHI: Pakistan Customs has put hold on all the fabric consignments coming from UAE for conducting detailed scrutiny of documents to ensure the authenticity. Customs has found certain importers in...
View ArticleCustoms determines values of betel nuts
KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of betel nuts vide valuation ruling No.816/2016. MCC Appraisement West referred the case to Directorate General of...
View ArticleIHC orders government to appointment Chairman, Members Appellate Tribunals...
KARACHI: Justice Athar Minallah of Islamabad High Court allowing four identical constitution petitions ordered the Federal Government to forthwith take appropriate measures and initiate the process...
View ArticlePakistan, Czech Republic implement avoidance of double taxation convention
KARACHI: Pakistan and Czech Republic have implemented the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to promote and...
View ArticleSHC issues notice in SCRA filed by Customs against alloy importer
KARACHI: An appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Sadiq Hussain Bhatti on Monday issued notice to the defendant/respondent Muhammad Imroz in a Special...
View ArticleSHC remands suit against Valuation Ruling for Kraft Liner Board
KARACHI: Justice Junaid Ghaffar of High Court of Sindh (SHC) on Monday disposed of a suit filed by Nishat Paper Products against Valuation Ruling 721/2015 remanding the controversy to the adjudication...
View ArticleMCC Appraisement West re-distributes assignments
KARACHI: MCC Appraisement West has notified re-distribution of assignments amongst the additional collectors. Ms. Zeba Bashir Ahmed, Additional Collector-I would look after Establishment,...
View ArticleCustoms Lahore seize smuggled goods
KARACHI: Customs Lahore has detained a container loaded with foreign origin juices, chocolates and polyester worth Rs10 million approximately. The container No.E5604 was detained at Shahdara. It was...
View ArticleMCC Appraisement West recovers Rs10.138 million
KARACHI: MCC Appraisement West has recovered Rs10.138 million, which M/s F.F.K Construction Company short-paid/evaded through misusing the benefits of SRO 567. The importers imported old/used dump...
View ArticleTax return filing date extended; WHT on banking transactions raised to 0.4pc
ISLAMABAD: Minister for Finance Ishaq Dar on Monday announced extension of date for the Voluntary Tax Compliance Scheme (VTCS) up to March 15, 2016 to give more opportunities and relief to traders for...
View ArticleConfusion prevails after IHC judgment against Judicial Member Tribunals
KARACHI: The Income Tax Appellate Tribunal, Karachi has stopped work after the judgment by a single member bench of Islamabad High Court announced on Feb 24, 2016 declaring the appointment of member...
View ArticlePakistan Customs revenue collection posts 12.5 percent growth
KARACHI: The overall revenue collection by Pakistan Customs in the fiscal year so far i.e. eight months (July-February 2016) has surged by 12.5 percent to Rs677 billion as against Rs602 billion in the...
View ArticleSHC direct Customs to produce all FIR’s against clearing agent by Wednesday
KARACHI: Pakistan Customs, Appraisement (West) was directed by a divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan to place on...
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