Trade Related Intellectual Property Rights Enforcement Rules set to be...
KARACHI: The Federal Board of Revenue (FBR) is all set to notify the Trade Related Intellectual Property Rights (Import and Export Goods) Enforcement Rules in June 2016. The Rules will apply to goods...
View ArticleNAB committed to eradicate corruption: Chairman
KARACHI: Qamar Zaman Chaudhry, Chairman NAB said that NAB is committed to eradicate corruption by adopting Zero Tolerance Policy across the board by using all its resources. He was speaking during his...
View ArticlePCA Karachi expedites revenue recovery
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected a huge amount of duty and tax evasion and made a part recovery. During the audit of import clearances made under different...
View ArticleOil smuggling case: Hearing of SCRAs adjourned till mid August
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Monday issued notices to the respondents in two different Special Customs...
View ArticleContravention served on M/s Newage Cables
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Newage Cables Pvt Limited creating a demand of Rs14.679 million, an amount which was short-paid by the...
View ArticleIssuing Valuation Guidelines not Directorate of Customs Valuation job
KARACHI: Pakistan Kiryana Merchants Association has moved a representation to the Director General Customs Valuation submitting that issuing Valuation Guidelines was not the job of Director of Customs...
View ArticleCustoms Adjudication proposes new set of TIR Rules
KARACHI: In order to ensure smooth and quick proceedings under Transports Internationaux Routiers (TIR), Collector of Customs Adjudication-II has proposed to notify a new set of TIR Rules. According to...
View ArticleEx CEO AMI admitted to bail in 13 FIRs
KARACHI: Justice Muhammad Iqbal Kalhoro of High Court of Sindh (SHC) on Monday admitted Arif Humayum, former Chief Executive Officer of AMI Pakistan to bail in thirteen identical FIRs against a solvent...
View ArticleSHC issue notices in Customs appeal against Master Beverages Pvt,Ltd
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Monday ordered issuance of notices for June 06 to Master Beverages Private...
View ArticleContravention served on M/s Premier Cables
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Premier Cables Pvt Limited creating a demand of Rs40.514 million, an amount, which was short-paid by the...
View ArticlePost Clearance Audit Karachi detects short-payment of revenue by M/s GM...
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s GM Cables & Pipes Pvt Ltd creating a demand of Rs7.055 million, an amount, which was short-paid by the...
View ArticleSHC orders Customs preventive to settle issue of vehicle sale within two days
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Tuesday asked the Customs Preventive to settle the issue with the...
View ArticleHigh profile companies caught violating laws
KARACHI: MCC Appraisement East has framed Contravention Reports against several big companies, who abused the green channel facility and got their import consignments cleared without complying with the...
View ArticleSHC adjourns AMI case, bail pleas of importers till July 13, 2016
KARACHI: Justice Muhammad Iqbal Kalhoro of High Court of Sindh (SHC) on Tuesday adjourned hearing of pre-arrest interim bail granted to 14 co-accused in 13 different FIRs registered at Customs Police...
View ArticleSales tax on petroleum products reduced
KARACHI: The government has reduced sales tax rates on petroleum products to keep the end consumer prices unchanged during the month of June 2016. The rate of sales tax on high speed diesel is reduced...
View ArticlePakistan Foot Wear Traders protest against 300 per cent raise in customs duty
KARACHI: Pakistan Foot Wear Traders Association on Wednesday rejected the 100 per cent to 350 per cent raise in customs duty on different kinds of foot wear. Addressing a press conference here at...
View ArticleMCC Islamabad seizes drone cameras
KARACHI: The mobile squad of MCC Islamabad has seized a large quantity of smuggled goods including 32 drone cameras, goods to be seized for the first time in country. These cameras are mostly used by...
View ArticleCustoms vales of load cells revised
KARACHI: The Director Customs Valuation Karachi Dr. Wasif Memon has revised the customs values of load cell vide valuation ruling No.861/2016. A number of complaints had been received regarding...
View ArticleDuty draw back case: SHC adjourns hearing, permits urgent hearing application
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi on Wednesday adjourned hearing of a Special Customs Reference Application filed by...
View ArticleFBR committed to strong trade related IPR enforcement
KARACHI: The Federal Board of Revenue (FBR) has its focus on Intellectual Property Rights (IPR) enforcement, and Directorate General of IPR is setting up Enforcement Directorate in Lahore, which would...
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