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Reference values of gas meters notified
KARACHI: The Director General of Customs Valuation has notified reference values of gas meters of China origin. On the directives of Director General Syed Tanveer Ahmed, Customs Valuation headed by...
View ArticleSHC directs appellant to submit court fee in 161 appeals
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Tuesday adjourned hearing of identical 162 appeals filed by Sui Southern...
View ArticleSHC orders provisional release of fatty acid consignment
KARACHI: A divisional bench of High Court of Sindh, Justice Munib Akhter and Justice Anwar Hussain on Tuesday allowed provisional release of a consignment of “mixture fatty acids” against payment of...
View ArticleCustoms values of used photocopier machine revised
KARACHI: Director Customs valuation Wasif Memon has revised the customs values of used photocopier machine vide valuation ruling no. 913/2016. Customs values of used photocopier machine were earlier...
View ArticleI&I-IR folds raid on M/s Mandviwala Entertainment
KARACHI: The Directorate 8th Intelligence & Investigation Inland Revenue (I&I-IR) filed it’s raid on the office of M/s Mandviwala Entertainment Pvt Ltd due to political pressure. A team...
View ArticleKCAA’s new acting chief appointed
KARACHI: Senior Vice President Naseem Askar has been appointed new action President of Karachi Customs Agents Association (KCAA) on Tuesday. The sources said in absence of Shahnawaz A. Sattar,...
View ArticleGarment importers to meet DG Valuation on Thursday
KARACHI: Acting Director General Customs Valuation Abdul Rasheed Shaikh has scheduled a meeting with garment importers to deliberate upon the customs values of readymade garments. A delegation of All...
View ArticleFTO offices being enhanced to ensure inexpensive, speedy justice: Abdul Rauf
KARACHI: Federal Tax Ombudsman (FTO) Abdul Rauf Chaudhry has said that the number of FTO offices has successfully been raised to nine by setting up four more offices in numerous cities including...
View ArticleSHC allows return of surety after custom’s nod
KARACHI: A divisional bench of High Court of Sindh (SHC) on Wednesday allowed return of surety deposited with the Nazir of SHC against provisional release of consignments of rubber. The bench earlier...
View ArticleSHC dismisses SCRA’s filed by I&I, Customs against confiscation of oil tankers
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Wednesday dismissed two identical Special Custom Reference Applications...
View ArticleCustoms Adjudication imposes conditional penalty on SNGPL
KARACHI: Collector Customs Adjudication Chaudry Muhammad Javaid has imposed a conditional penalty on M/s Sui Northern Gas Pipelines (SNGPL) for evading duty/taxes and claiming inadmissible of...
View ArticleAppraising officers association prepares for elections after six years
KARACHI: The office bearers of Pakistan Customs Appraising Officers Association have invited all the members of the association to prepare for the elections of the association. In a joint statement...
View ArticleSmuggling at lowest level in Pakistan’s History: Zahid Khokhar
Karachi: Chief Collector, Customs Enforcement, South, Muhammad Zahid Khokhar has said that smuggling has been cut down to the lowest level of the history in Pakistan, smuggling of diesel is narrowed to...
View ArticleFBR notifies taxation on builders/developers rules
KARACHI: The Federal Board of Revenue (FBR) has notified that builders and developers would pay advance tax at the rate of 5.0 percent of the tax liability at the time of approval of land development...
View ArticleCotton prices remain flat
KARACHI: No movement was witnessed in the price of cotton on Thursday as there was limited demand from the spinners and exporters, brokers said. The spot rates at the Karachi cotton exchange remained...
View ArticleSHC issues notice to NGO in a SCRA filed by Pakistan Customs
KARACHI: Notice was issued for Sep 09 to a Karachi based NGO “Health Care and Social Welfare Association” in a Special Customs Reference Application (SCRA) filed by the Pakistan Customs, Preventive by...
View ArticleCustoms Appraisement warned of contempt proceedings if order not complied with
KARACHI: Justice Muhmmad Shafi Siddiqui of High Court of Sindh on Thursday adjourned hearing of a suit filed by Umer Spining till Thursday , Sept 01with the warning to the Customs Appraisement, West to...
View ArticleResidence allotment committee reconstituted
KARACHI: Federal Board of Revenue (FBR) has reconstituted the Allotment Committee for allotment of residential accommodation owned by FBR field formations. Chief collector Enforcement South will head...
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Fixed FBR incentive: FBR seeks budget estimates from all offices
KARACHI: The Federal Board of Revenue (FBR) has advised all the formations of Pakistan Customs and Inland Revenue to work out the budget estimates for the ‘Allowance A01220-Fixed FBR Incentive’ granted...
View ArticlePCA initiates audit of vehicles cleared under 2013 amnesty scheme
KARACHI: Directorate General of Post Clearance Audit (PCA) has initiated audit of vehicles cleared under the 2013 vehicles amnesty scheme. Several teams have been formed to conduct audit of vehicles at...
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