Customs values of toothbrushes (low-end brands) revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of tooth brushes (low-end brands) vide Valuation Ruling No.901/2016. The values of values of tooth brushes (low-end...
View ArticleIMF completes twelfth and final review mission to Pakistan
KARACHI: An International Monetary Fund (IMF) staff mission, led by Harald Finger, visited Dubai from July 26 – August 4, 2016 to conduct discussions on the twelfthand final review of Pakistan’s...
View ArticleSHC disposes of old petition under old order against Valuation Guide Line
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain Shaikh disposed of a petition filed by Chick Solution in 2014 under an...
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Order-in-Revision; customs values of blankets updated
KARACHI: Director General of Customs Valuation Syed Tanveer Ahmed has issued Order-in-Revision 222/2016 updating the customs values of blankets determined vide Valuation Ruling No.878/2016. Blanket...
View ArticleOrder-in-Revision; paper importer petition rejected
KARACHI: Director General of Customs Valuation Syed Tanveer Ahmed has issued Order-in-Revision 220/2016 rejecting petition of M/s Trade International praying to quash the values determined vide...
View ArticleOrder-in-Revision; petition of tyre imported rejected
KARACHI: Director General of Customs Valuation Syed Tanveer Ahmed has issued Order-in-Revision 223/2016 rejecting petition of M/s Zafar Enterprises praying to revise the values of tyre and tubes...
View ArticleOrder-in-Revision; petition of M/s Haier Pakistan rejected
KARACHI: Director General of Customs Valuation Syed Tanveer Ahmed has issued Order-in-Revision 221/2016 rejecting petition of M/s Haier Pakistan Pvt Ltd praying to revise the values of inverter type...
View ArticleDG Valuation amends Valuation Ruling No.856/2016
KARACHI: The Director General Customs Valuation Syed Tanveer Ahmed has issued order-in-revision 2019 fixing the values of canned fruits on the basis of weight instead of net content. Importers of...
View ArticleCustoms Intelligence spearheads FBR’s anti-smuggling drive
KARACHI: Directorate General of Intelligence & Investigation – FBR spearheading the mega anti-smuggling drive seized goods worth Rs5.6 billion during the year ended June 30, 2016, which is 42...
View ArticleFAQs on determination of Valuation of Immovable Property by FBR
Question 1: I am a filer and I have purchased a plot in May, 2014 for Rs.5,000,000. Now I want to sell the said plot in August, 2016 at the value determined by FBR at Rs.7,500,000/-. What are the...
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Order-in-origin: DG Customs Valuation increases values of diapers, sanitary...
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed through order-in-origin has updated the values of baby diapers and sanitary napkins. Manufacturers of baby diapers and sanitary napkins...
View ArticleDG Customs Valuation orders to increase values of Chinese origin tiles by...
KARACHI: Director General Customs Valuation Syed Tanveer Ahme has directed Director Customs Valuation Wasif Memon to increase the values of Chinese origin tiles by 12.5 percent with immediate effect....
View ArticleSHC moved against “Valuation Guideline” by mobile charger and HDML cable...
KARACHI: Two petitions were filed by importers of mobile chargers and HDML cable against Pakistan Customs, Valuation before High Court of Sindh. The petitions are fixed for hearing on Tuesday next....
View ArticleSynergy between civil military leadership ensures CPEC completion regardless...
For the first time in Pakistan civilian government and military are on the same page and seem committed to steer country out of trouble waters. Pakistan led by Nawaz Sharif with complete assistance and...
View ArticleFBR and State Bank set to sign MoU to implement E-Import Form
KARACHI: Chairman Federal Board of Revenue (FBR) Nisar Mohammad Khan and Governor State Bank of Pakistan Ashraf Wathra will sign the MoU regarding implementation of E-Import Form on Tuesday. Members...
View ArticleCustoms, SBP jointly launch Electronic Import Form (EIF)
KARACHI: Pakistan Customs in collaboration with the State Bank of Pakistan has automated the issuance of Import Form in the Customs Computerized System (WeBOC) as a trade facilitation and Customs...
View ArticleProperty registration comes to a halt throughout Pakistan
KARACHI: The new property valuation mechanism introduced by the federal government has totally halted property registration activities all over Pakistan causing frustration among applicants and huge...
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Director General fixes customs values of generator on the basis of capacity
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed granted the revision petition of generator importers who were seeking revision in the customs values of generators determined vide...
View ArticleFBR notifies transfers and postings in Pakistan Customs Service
KARACHI: The Federal Board of Revenue (FBR) has notified transfer and posting of Pakistan Customs Service (PCS) officers of BS-20, BS-19 and BS-18. Suraiya Ahmed Butt (BS-20) on return from NMC would...
View ArticleCM visits City Courts, DG Rangers call on SHC judges to evaluate security net...
KARACHI: Sindh Chief Minister, Syed Murad Ali Shah visited City Court’s complex to have a first hand review of security arrangement at Pakistan’s biggest court complex. He was briefed by the Karachi...
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