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Customs values of heavy bikes revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of new branded heavy motorcycles vide Valuation Ruling No. 940/2016. The customs values new branded heavy motorcycles were...
View ArticleTaxing lawyers: SHC adjourns hearing in identical petitions till Oct 07
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Syed Saeed-uddin Nasir on Thursday adjourned hearing of a number of identical petitions filed by...
View ArticleSHC asks Customs counsel to reframe question of law in SCRA
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul maalik Gaddi on Thursday asked counsel for appellant, Collector of Customs, Anti...
View ArticleSHC disposes petition by D Pharm students of Federal Urdu University
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Syed Saeed-uddin Nasir on Thursday disposed of a constitution petition filed by 187 students of...
View ArticlePIA employee arrested in 27KG heroin smuggling case
KARACHI: The Investigation & Prosecution (I&P) of MCC Preventive has arrested one Malik Abdul Ghafoor for his involvement in transporting heroin through PIA aircraft. Authorities had recovered...
View ArticleAPCAA elects the governing body for 2016-17
KARACHI: The All Pakistan Customs Agents Association (APCAA) has elected its executive committee and managing committee unopposed for the term 2016-17. The elected office bearers belonging to All...
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Customs values of olive oil revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of olive oil vide Valuation Ruling No.941/2016. The customs values of olive oil were earlier determined vide Valuation...
View ArticleDirector General amends Valuation Ruling No.862/2016
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has re-determined the customs values of PVC Cling Film determined vide Valuation ruling No.862/2016. Director General amended the values...
View ArticlePetition seeking revision in values of PVC sheet rejected
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed upheld the values of PVC clear transparent flexible sheet determined vide Valuation Ruling 862/2016 and rejected the revision petition of...
View ArticleSHC orders reframing of questions of law in SCRA pertaining to waste paper...
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Friday while hearing a Special Customs Reference Application (SCRA) filed...
View ArticleSHC orders release of consignment against payment of duty, surety
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Syed Saeed-uddin Nasir on Friday disposed of a constitutional petition filed by Capital Trading...
View ArticlePak Telecom Mobile (Ufone) found guilty of evading duty/taxes of Rs416.325...
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served three contravention reports on M/s Pak Telecom Mobile Ltd (Ufone) for evasion of leviable custom duty, sales tax and withholding...
View ArticleDG Customs Valuation restarts database values of imported goods
KARACHI: Director General of Customs Valuation has restarted the exercise of developing database values of importable goods after a short gap. Directorate General of Customs Valuation has initiated an...
View ArticleReturn filing date extended
KARACHI: The Federal Board of Revenue (FBR) has announced extension in date of filing income tax returns/statements for tax year 2016. The date of filing of Returns of Total Income/Statement of final...
View ArticleMCC Gwadar surpasses revenue collection target
KARACHI: MCC Gwadar has exceeded Revenue Collection over the assigned target by massive 78 percent for the first quarter (July- September FY 2016-17. Total revenue collection target of the...
View ArticleSHC allows time to Customs to settle valuation issue for Buckram
KARACHI: A division bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Syed Saeed-uddin Nasir on Friday adjourned hearing of a constitution petition filed by Royal Business...
View ArticleSHC stays re-export of frustrated cargo
KARACHI: The Sindh High court has stayed the re-export of a consignment imported by M/s Anum Traders, which Customs Appellate Tribunal had allowed for being frustrated cargo. MCC Port Qasim had...
View ArticleMCC Appraisement East wants several persons on ECL
KARACHI: In order to effect recovery of Rs2.442 billion, MCC Appraisement East is preparing the case so that names of several persons could be put on Exit Control List (ECL). These six persons are...
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Customs values of projectors, screen, microphones revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of multimedia projectors, home theatre projectors, projector screen and microphones vide Valuation Ruling No. 942/2016....
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Customs values of LED rechargeable lights revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of LED rechargeable lights vide Valuation Ruling No. 943/2016. The customs values of LED rechargeable lights were earlier...
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