Importer, agent, investor penalized for mis-declaration
KARACHI: Additional Collector Customs Adjudication Shafique Ahmed Latki has charged M/s IAS Trading, M/s United International Industries and M/s Shan Corporation for mis-declaration to evade duty and...
View ArticleCPEC: No way backwards
China Pakistan Economic Corridor (CPEC) is becoming important day by day as work on this multi-billion dollar project is proceeding at a fast pace. While opening new vistas of development, CPEC has...
View ArticleSBP maintains policy rates unchanged at 5.75 percent
KARACHI: The year-on-year CPI inflation rose to 3.6 percent in August 2016 from 1.8 percent in August 2015, while the average inflation during the first two months of the current fiscal year was more...
View ArticleCustoms Agents Alliance sweeps KCAA election in a tough competition
KARACHI: After a tough competition, the Customs Agents Alliance sweep the general elections of Karachi Customs Ag3nts Association (KCAA) for the term 2016-17 held on September 24, 2016. Khurram Ijaz...
View ArticleMCC Peshawar arrests prime accused of TP replacement scam
KARACHI: MCC Peshawar has arrested Sajid Hussain of M/s Iqra International, who was wanted in the transshipment (TP) cargo replacement case. Collector Peshawar Qurban Ali Shah had advised his team to...
View ArticleABAD warns govt against further squeezing construction sector
KARACHI: Association of Builders and Developers of Pakistan (ABAD) has warned the government that unilateral decisions regarding the construction industry will prove fatal for the economy of Pakistan...
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Customs values of chemicals revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of several chemicals vide Valuation Ruling No.937/2016. The customs values of chemicals including Glycerin, Ammonium Bi...
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Customs updates import values of chemicals
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of several chemicals vide Valuation Ruling No.938/2016. The customs values of chemicals were earlier determined vide...
View ArticleEither get interim relief or release vehicles: Sindh High Court
Karachi A division bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Anwer Hussain hearing two identical petitions about alleged tempered vehicles ordered Pakistan customs to...
View ArticleWelding Electrodes case : SHC tags constitutional petition with SCRA
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Anwar Hussain tagged a constitutional petition with a Special Customs Reference Application and...
View ArticlePatrons of KCAA’s elected body condemn conduct of Customs Agents Group
KARACHI: The patron of Customs Agents Alliance Haji Asif and nominated Chairman of KCAA Supreme Council, Saifullah Khan appreciated the trust of customs agents fraternity of Customs Agents Alliance and...
View ArticleDG Customs Valuation uphelds values of PVC panaflex/banner sheet
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has upheld the customs values of PVC panaflex/banner sheet nide Valuation Ruling No. 892/2016 and rejected the revision petition filed by...
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KCCI managing committee elects office bearers
KARACHI: Shamim Ahmed Firpo, Asif Nisar and Younus Sommro have been elected unopposed as President, Senior Vice President and Vice President of Karachi Chamber of Commerce and Industry (KCCI),...
View ArticleSHC remands back case to Tribunal for decision on merit
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Maalik Gaddi on Tuesday set aside an order of the Special Customs Appellate Tribunal in...
View ArticleAshraf Aftab served Explanation Letter for defaming KCAA office bearers
KARACHI: The Karachi Customs Agents Association (KCAA) has served an Explanation Letter on Ashraf Aftab of M/s Mohammad Aslam Mohammad Arif for printing and distributing a defaming pamphlet against the...
View ArticleCPEC is a regional ‘game changer’: International Conference
KARACHI: Speakers at the International Conference on the State of Pakistan Economy are convinced that the China Pakistan Economic Corridor (CPEC) is a ‘game changer’ for Pakistan. Speakers at the...
View ArticleTime to burry politics of dams after Indian threat of stopping river water
KARACHI: It is high time that politicians of Pakistan and the entire nation shun differences on construction of news dams in Pakistan as it is necessitated by the Indian Prime Minister’s threat of...
View ArticleSHC dismiss SCRA filed in 2001 as hopelessly time barred
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Maalik Gaddi on Wednesday dismissed a special customs appeal filed by Butyl Enterprises...
View ArticleNotices issued in SCRA filed by Collector Customs
KARACHI: An appellate bench of High Court of Sindh (SHC) on Wednesday issued notices to Zahoor Enterprises and Member Judicial (I) of Special Customs Appellate Tribunal in a Special Customs Reference...
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Customs values of glass beads revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of glass beads, glass beads crystal and glass chaton beads vide Valuation Ruling No. 939/2016. The customs values of glass...
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