Clik here to view.
Customs values of I.V Cannula/I.V Catheter revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of I.V Cannula/I.V Catheter vide Valuation Ruling No. 894/2016. Customs values of I.V Cannula/l.V Catheter were determined...
View ArticleIRS officers of BS-21, BS-20 reshuffled
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of BS-21 and BS-20 officers of Inland Revenue Service (IRS). IRS officers of BS-21 transferred include Hafiz Muhammad Ali...
View ArticleSHC allows provisional release of skimmed milk powder
KARACHI: A divisional bench of High Court of Sindh on Friday allowed provisional release of a consignment of skimmed milk powder on deposition of entire differential amount of duties with the Collector...
View ArticleSHC issues notice for Aug 10 in vehicle release case
KARACHI: A divisional bench of High Court of Sindh (SHC), comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain Shaikhon Friday issued notices to the Collector Customs, Hyderabad and...
View ArticleClik here to view.
Adjustment and postings of PCS officers delayed
KARACHI: The transfers, postings and adjustment of Pakistan Customs Service (PCS) will be delayed and it is expected that officers would be given OPS charge. Chairman FBR is leaving for USA on Sunday,...
View ArticleCustoms I&I seizes consignment of plastic toys
KARACHI: The Directorate of Intelligence & Investigation – FBR has seized large quantity of plastic toys, as thee importer M/s Dost Traders attempted to get these goods cleared through...
View ArticleCustoms Valuation issues five valuation guidelines
KARACHI: Directorate General of Customs Valuation has circulated five valuation guidelines for the notice of all formations about the prevailing international price trend of several importable goods,...
View ArticleSBP maintains policy rates unchanged at 5.75%
KARACHI: The State Bank of Pakistan (SBP) decided to maintain the policy rate unchanged at 5.75 per cent in new monetary policy announced for next two months. “Pakistan economy posted notable...
View ArticleCotton association criticize duty, tax on cotton import
KARACHI: The Karachi Cotton Association (KCA) has expressed its deep concern over the levy of 3.0 percent customs duty, 1.0 percent additional duty and 5.0 percent sales tax on import of cotton....
View ArticleEstablishment Division notifies approved nominations for 20th SMC
KARACHI: The Establishment Division has notified the approved list of BS-19 officers nominated for 20th Senior Management Course (SMC). BS-19 officers of Pakistan Customs Service (PCS) include Ashir...
View ArticleSECP for creating investor awareness and expanding outreach of capital market
KARACHI: The Consultative Group on Capital Markets has held its third meeting under the chairmanship of Mr. Zafar Hijazi, the SECP chairman, in Karachi. The group stressed upon the need for effective...
View ArticleClik here to view.
FBR to notify property value throughout the country, says Ishaq Dar
KARACHI: The Federal Board of Revenue (FBR) has been authorized to notify the valuations of the properties throughout the country including Karachi, Lahore and Islamabad, said Ishaq Dar, Federal...
View ArticlePak Suzuki increases prices by 3% from Aug 1,
KARACHI: Despite the higher profits of Rs 488 million in April-June 2016, Pak Suzuki Motor Company (PSMC) Monday increased prices of all its car models by 3 per cent, minimum (Rs 20,000 to 103,000)per...
View ArticleTransfers & postings of PCS officers likely on Tuesday
KARACHI: The FBR is likely to notify transfers and postings of BS-21 and BS-20 officers of Pakistan Customs Service (PCS) on Tuesday. Chairman FBR Nisar Mohammad Khan is in USA, and his approval will...
View ArticleCPI increases at 4.12% in July16
KARACHI: Consumer Price Index (CPI) inflation stood at 4.1 per cent in July 2016 year-on-year (YoY), which is a 19-month high and higher than market expectations. Previous month in June 2016, CPI...
View ArticleCurrency smugglers remanded into Customs custody
KARACHI: MCC Preventive I&P has secured 7-day remand from Customs Court of three persons who were arrested at Karachi airport a day earlier making an attempt to smuggle out foreign currency and...
View ArticleCustoms initiate cross-checking import trends under transit trade
KARACHI: Pakistan Customs has initiated cross-checking of import trends regarding goods which are imported in Pakistan as well as these same goods are also imported by Afghanistan through transit...
View ArticleABAD to hold international exhibition every year
KARACHI: Hanif Gohar Chairman ABAD has said in view of the extra-ordinary response of ABAD Expo 2014, the association had decided to hold the exhibition every year. “ABAD Expo 2016 is being held on...
View ArticleClik here to view.
FBR notifies determined values of immovable properties in Karachi, Hyderabad,...
KARACHI: The Federal Board of Revenue (FBR) has notified values of properties in Karachi, Sukkur and Hyderabad. The FBR has categorized different localities and fixed the rates accordingly. As far as...
View ArticlePCS officer removed from service
KARACHI: The Federal Board of Revenue (FBR) has dismissed Ms. Misbah Khatana (BS-19) Additional Director, Directorate of Risk Management Karachi on account of inefficiency & misconduct, a...
View Article