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Reference values of filter paper for tea bags notified

KARACHI: Directorate General of Customs Valuation has issued the reference values for filter paper for tea bags. Directorate General initiated an exercise to develop database values for different items...

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Reference values of Yellow brand shirts/T-shirts notified

KARACHI: Directorate General of Customs Valuation has issued the reference values for Yellow brand shirts/T-shirts. Directorate General initiated an exercise to develop database values for different...

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Reference values of Yellow brand jeans/casual pants are $8.0/pc

KARACHI: Directorate General of Customs Valuation has issued the reference values for Yellow brand jeans and casual pants. Directorate General initiated an exercise to develop database values for...

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DG Customs Valuation upholds values determined vide Ruling No.890/2016

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has rejected the petition of M/s Bicycle & Bicycle Spare Parts Importers Association seeking revision in the customs values of bicycle...

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DG Customs Valuation defines customs values of Quaker Oatmeal

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has further categorized the customs values of cereal foods determined vide Valuation Ruling No.818/2016 and defined the customs values of...

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DG Customs Valuation upholds values of shampoos determined vide Ruling...

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has rejected the petition of M/s Hansika Enterprises and others seeking revision in the customs values of shampoos determined vide...

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SHC dismisses special sales tax reference application

KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Maalik Gaadi on Tuesday dismissed an appeal filed by Assistant Commissioner, Unit 04...

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SHC dismisses SCRA by Customs in classification dispute case

KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Maalik Gaddi dismissed an filed by the Collector Customs through  Additional Collector...

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SHC terms illegal tax as Bhatta, seeks comments by Nov 8 from DMC Malir

KARACHI: A division bench of High Court of Sindh headed by Justice Aqeel Ahmed Abbasi on Tuesday ordered District Municipal Corporation (DMC) Malir to file written comments in a petition challenging...

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MCC Quetta expands ambit of operation against smuggled vehicles

KARACHI: Chief Collector Enforcement South Mohammad Zahid Khokhar has advised MCC Quetta to expand the ambit of crackdown against smuggled vehicles. Collector Quetta Saeed Jadoon, in view of reports...

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Shifting of State Bank’s departments unjustified – LCCI

KARACHI: President of the Lasbela Chamber of Commerce and Industry (LCCI) Ismail Suttar has deeply regretted the PML-N Governrment’s decision to shift State Bank’s four departments to Lahore terming it...

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Why does shifting of SBP departments to Lahore invite opposition?

Some might say that a well crafted conspiracy is at work, which may create sense of deprivation among provinces. The shifting of departments of State Bank of Pakistan (SBP) to Lahore has already...

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Large scale transfers and postings notified in IRS

KARACHI: The Federal Board of Revenue (FBR) notifies large scale transfers and postings in the Inland Revenue Service (IRS) and reshuffled officers ranging from BS-20 to BS-17. Among BS-20 officers,...

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DG Customs Valuation raises customs values of water dispensers

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has increased the customs valuation of water dispensers, which were determined vide Valuation Ruling No. 910/2016. The Valuation Ruling...

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MCC Islamabad recovers smuggled goods

KARACHI: MCC Islamabad has seized huge quantity of smuggled fabric and assorted cell phones on Thursday. Four persons have also been arrested. On specific information received from Collector Customs...

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DG Customs Valuation issues valuation guidelines

KARACHI: Directorate General of Customs Valuation has issued several valuation guidelines for the reference of clearance collectorates. Directorate General of Customs Valuation has initiated an...

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Petition to hedge aluminum valuation with SMM or LME rejected

KARACHI: Directorate General of Customs Valuation has rejected the revision petition filed by M/s Ruby corporation against the customs values of Aluminum foil/sheet determined vide Valuation Ruling No....

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Customs expedites development of database values of importable items

KARACHI: The Ministry of Finance s well as the Federal Board of Revenue (FBR) have appreciated ‘Tanveer Plan’ as the development of database values and issuance of reference values of importable items...

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DG Customs Valuation revises values of gelatin capsules

KARACHI: Directorate General of Customs Valuation has amended the Valuation Ruling No. 883/2016 and revised the customs values of empty hard gelatin capsules in line with the upward trend in the prices...

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FBR activates taxpayer facilitation kiosks/centers

KARACHI: The Federal Board of Revenue (FBR) has directed all Chief Commissioners to ensure that all tax facilitation KIOSKS and Tax Facilitation Centers are in operation in order to facilitate the...

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