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ASO Preventive Lahore seize smuggled vehicles

KARACHI: The Anti Smuggling Organization (ASO) MCC Preventive Lahore has initiated crackdown against non-duty paid vehicles and seized six vehicles worth Rs15 million in March 2016 so far. The campaign...

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SHC decides EOBI contribution case: Holds contributions for contractual...

KARACHI: Deciding two identical petitions filed back in 1998, a divisional bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Zafar Ahmed Rajput on Friday dismissed two...

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Inland Revenue Intelligence assigned jurisdiction over cases of LTU-II Karachi

KARACHI: The Federal Board of Revenue (FBR) has empowered Direcotrate of Intelligence and Investigation of Inland Revenue Karachi to investigate around 500 cases falling within the jurisdiction of...

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Appraisement West seeks Court’s permission to involve M/s AMI directors into...

KARACHI: MCC Appraisement West has approached Sindh High Court seeking permission to proceed against the directors of M/s AMI Pakistan, as the Court in an earlier ruling had linked criminal/legal...

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FBR directs officers/officials to have no contact with Taiwan authority

KARACHI: The Federal Board of Revenue (FBR) has advised all the formations of Customs and Inland Revenue to make no direct contact with Taiwan authorities/agencies as Pakistan pursues ‘One China’...

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Customs arrest heroin smuggler couple

KARACHI: Pakistan Customs made an instant seizure of narcotics at International Departure, JIAP, Karachi. This seizure is a part of a prior seizure wherein a drug carrier was arrested and...

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All authorities on same page against smuggling

KARACHI: It is heartening to observe that all the authorities have developed a consensus that smuggling is the biggest problem of the country as on one hand its hurts economy and on the other hand...

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Importers booked for fraudulently claiming inadmissible exemptions

KARACHI: The Directorate General of Customs Intelligence & Investigation has lodged two FIRs against certain importers and Customs officials, which in connivance with each other deprived national...

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SHC rejects bail plea of Sharjeel Jamal , adjourn connected matters till...

KARACHI: Justice Salahuddin Panwar of High Court of Sindh (SHC) on Monday dismissed a bail plea (Cr Bail 50/2016) filed by a Customs clearing agent Sharjeel Jamal. Pooja Kalpana advocate appearing for...

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Super tax collection hangs in balance

KARACHI: A sizeable amount of government revenue is stuck up as the Sindh High Court has stayed recovery of Super Tax because of a petition filed by a leading brokerage house in Karachi. Super tax was...

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SHC dismiss suit by Umer Impex against customs

KARACHI: Justice Junaid Ghaffar of High Court of Sindh on Monday dismissed a suit filed by Umer Impex against a show cause notice issued by the Directorate General of Valuation. Shakeel Ahmed...

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FBR to observe extended working hours

KARACHI: The Federal Board of Revenue (FBR) has notified that all field offices of Customs and Inland Revenue will remain open and observe extended working hours i.e. 09:00 am to 08:00 pm on Wednesday...

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SHC summons Collector Customs (Preventive) in a case of alleged excess by ASO

KARACHI: A divisional bench of High Court of Sindh comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Tuesday ordered attendance of Collector Customs, Preventive by 2 p.m as...

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Customs seeks shipping lines assistance to scrutinize fabric import data

KARACHI: MCC Appraisement West has started scrutinizing the import data of all fabric shipment to identify which of these consignments were cleared on mis-declared port of shipping. There have been...

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Allow appraisement to do its work or throw it out, observes SHC

KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Wednesday reserved judgment in a constitutional petition filed by...

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SHC admits application by Appraising Officer in case against AMI Pakistan

KARACHI: An application filed by Appraising Officer (Research and Development), Customs Appraisement, Model Customs  Collectorate, MCC West under section 151 C.P.C against petitioner AMI Pakistan...

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DG Audit, Customs & Petroleum grills MCC Preventive Karachi

KARACHI: The DG Audit, Customs & Petroleum has made an observation that due to non observance of law and unlawful clearance on the part of MCC Preventive Karachi, government suffered a loss to the...

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Improvements in some of the macroeconomic indicators observed, says central bank

KARACHI: State Bank of Pakistan (SBP) has released its Second Quarterly Report for FY16 on the state of Pakistan’s Economy. According to the Report, improvements in some of the macroeconomic indicators...

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Customs values of garlic determined

KARACHI: The Director of Customs Valuation Dr. Wasif Memon has revised the customs values of garlic vide Valuation Ruling No.824/2016. The Customs Values of Ginger and Garlic were determined Valuation...

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PCA serves audit observation on M/s Master Beverages & Foods Limited

KARACHI: PCA serves audit Directorate Karachi has served an Audit Observation on M/s Master Beverages & Foods Limited Gujranwala regarding short payment or evasion of duty and taxes amounting to...

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