Customs values of motorcycle helmets revised
KARACHI: Director Customs Valuation Wasif Memon has revise the customs values of motorcycle helmets vide Valuation Ruling No.914/2016. Customs values of motorcycle helmets were earlier determined vide...
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Customs values of suitcases (low-end brands) revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of suitcases (soft & hard) vide Valuation Ruling No.915/2016. Customs values of suitcases of low end brands were...
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Valuation Ruling for Soft, Hard Sawn Wood issued
KARACHI: The new valuation ruling (VR) 917/2016 for determining Custom values of Soft and Hard Sawn Wood was issued by the Directorate General of Customs Valuation, The new VR replaced VR 671 of 2014....
View ArticleCustoms values for Barley, Oats issued Valuation Ruling 918/2016 revised
KARACHI: The Directorate General, Customs Valuation issued Valuation Ruling (VR 918/2016) in respect of Customs Valuation for Barley and Oats in exercise of powers conferred under section 25 (2) of the...
View ArticleValuation Ruling for PVC Coated Fabric issued
KARACHI: A new Valuation Ruling No. 919/2016 replaced VR 662 of 2014 for determining custom values of PVC Coated Fabric. According to the VR issued by Dr. Wasif Memon, Director, Valuation the new...
View ArticleSHC disposes of petition ordering 50-50 deposition with collectorate, Nazir SHC
KARACHI: A divisional bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Anwar Hussain on Friday disposed of a petition filed by FAST cables while allowing provision release of...
View ArticleSHC issues notice in public interest petition about MVT
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Friday issued notices to Secretary Excise and Taxation, Director General,...
View ArticleSHC adjourns suit for amending IGM in respect of Indian peanuts
KARACHI: Justice Salahuddin Panhwar of High Court of Sindh on Friday ordered Pakistan Customs to amend an Importer General Manifest (IGM) and release about half a dozen consignments of peanuts from...
View ArticleGuideline for Figaro Olive Oil issued
KARACHI: The Director General Valuation has issued guidelines for determining customs values of Figaro Olive Oil. According to the guideline the Custom Value, C&F was determined to be US $ 16,91...
View ArticleAdvocates on FBR panel disengaged
KARACHI: Government of Pakistan has decided to disengage panel advocates placed on various panels prior to December 31, 2008. Therefore, panel advocates from the panel of Federal Board of Revenue (FBR)...
View ArticleDecision regarding valuation of readymade garments on August 31, 2016
KARACHI: A decision regarding valuation of readymade garments is scheduled for August 31, 2016, as acting DG Valuation Abdul Rasheed Shaikh and garment importers, clearing agents would again meet on...
View ArticleCustoms Adjudication penalizes importer, agents for availing inadmissible...
KARACHI: Collector Customs Adjudication Chaudry Mohammad Javaid has penalized M/s BSN Medical pvt Ltd and several clearing agents for inflicting loss on exchequer through claiming inadmissible benefit...
View ArticleShams Burney says stop lifting Afghan transit cargo
KARACHI: All Pakistan Customs Bonded Carrier Association has advised all bonded carriers to immediately stop lifting all Afghan Transit cargo. Chairman Assocaition Shams Burney said that after the...
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Customs values of chemicals revised
KARACHI: Director Customs Valuation Wasif Memon ahs revised the customs values of various chemicals vide Valuation Ruling No.920/2016. The custom values of chemicals including Iso-propyl Alcohol,...
View ArticleGovt will make Pakistan energy self-sufficient country by 2018: Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that the government will make Pakistan energy self-sufficient country by 2018. He was addressing the concluding ceremony of China Pakistan Economic...
View ArticleSHC affords opportunity to the petitioners, adjourns hearing for a week
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Monday allowed an opportunity to two applicants/importers gave them a...
View ArticleSHC disposes off petition by Huffaz Seamsless Pipe, directs cooperation with IO
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi disposed of a constitution petition filed by Huffaz Seamless Pipes Limited...
View ArticleCustoms Valuation issues 04 more guidelines
KARACHI: Directorate of Customs Valuation has issued 04 more valuation guidelines for the reference of assessment staff so that under-invoicing and mis-declaration could be eliminated. The reference...
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US consulates seeks to re-export military supplies containers pilfered in...
KARACHI: US consulate has forwarded a list of numbers of 241 containers to Member Customs-FBR Nasir Masroor, which were mistakenly landed in Pakistan. US Consulate has sought permission of Pakistan...
View ArticleSHC allows provisional release of consignment of Syscom International
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Anwar Hussain on Tuesday disposing off a number of application filed by a petitioner Syscom...
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