WeBOC shuts down suspending import/export clearance
KARACHI: The Customs Computerized Clearing System (WeBOC) shut down throughout the country on Monday stopping all the imports clearance. Earlier in April 2016, the system had shutdown as the storage...
View ArticleSHC orders provisional release of toilet soap consignments
KARACHI: Justice Shafi Siddiqui of the High Court of Sindh (SHC) on Monday while hearing a suit filed by Bin Qasim International and Diamond Impex Corporation, importers of toilet soaps ordered release...
View ArticleSHC orders release of consignment in 48 hours
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Humayun Khan on Monday ordered Pakistan Customs to release the consignment of medicine...
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FBR notifies transfers and postings in Pakistan Customs Service
KARACHI: The Federal Board of Revenue (FBR) has notified large scale reshuffling in the Pakistan Customs Service (PCS) wherein officers ranging BS-21 to BS-19 have been transferred.
View ArticleClassification Committee determines PCT code for Indian soft drinks
KARACHI: The Customs Classification Committee has determined the PCT code 2202.1010 as appropriate for the classification of soft drinks imported from India. MCC Preventive Lahore forwarded a reference...
View ArticleWeBOC malfunctions against restricting importers, clearing agents access
KARACHI: The web based customs clearing system (WeBOC) on Tuesday has started malfunctioning again restricting access of importers and clearing agents suspending cargo clearance throughout the country....
View ArticleSHC orders release of consignment provisionally
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Humayon Khan on Tuesday while hearing an appeal filed by 4B Enterprises ordered release of...
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Customs values of home and office furniture revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of home and office furniture and parts thereof vide Valuation Ruling No.955/2016. Customs values of home and office...
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Customs values of olives revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of olives vide Valuation Ruling No. 956/2016. Since the earlier values of olives were determined more than four years ago...
View ArticleFBR notifies draft rules for stock exchange, mercantile exchange
KARACHI: The Federal Board of Revenue (FBR) has proposed a law that will enable the National Clearing Company of Pakistan Limited (NCCPL) to verify the tax liabilities and compute refunds of members...
View ArticleFBR officers assume their new offices
KARACHI: A number of senior Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) officers have relinquished the charge of their prior postings and assumed the charge of their new postings as...
View ArticleSHC puts Custom on notice for Nov 03
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Humayun Khan on Thursday ordered issuance of notices to respondent custom officials of...
View ArticleSensitive agencies come onboard as foreigners arrested transporting narcotics...
KARACHI: Pakistan Maritime Security Agency (PMSA) and Pakistan Customs in a joint action foiled a bid to smuggle hashish worth Rs1.5 billion ($15 million) and arrested nine smugglers including three...
View ArticleSHC issues notices for Nov 14 in Classification, FTA dispute
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Humayun Khan issued notices to the Customs department for Nov 14 in a petition pertaining to...
View ArticleDC Preventive fails to answer queries of the court SHC orders DC to memorize...
KARACHI: A division bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Muhammad Humayun Khan ordered a Deputy Collector, Customs, Preventive to memorize the Custom’s Act 1969 and...
View ArticleClassification committee withdraws several notices
KARACHI: Chairman Classification Committee Additional Collector Muhammad Haris Ansari has notified that importable items including Tel mouse, digital holy Quran and Hydrocarbon fluid would be...
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Customs values of coffee (retail packing) revised
KARACHI: Directorate of Customs Valuation has revised the customs values of coffee in retail packing vide Valuation Ruling No.957/2016. Customs values of coffee were earlier determined vide Valuation...
View ArticleLiquor stores closed down, but still there is no dry day
Although the High Court has issued strict orders to close all the liquor stores in Sindh, but there would not be any dry days, as a huge quantity of imported liquor is already being distributed in the...
View ArticleGovernment revenues to be short of Rs145 billion as SHC strikes down GIDC Act
KARACHI: The government revenues would be short of Rs145 billion as the Sindh High Court (SHC) has struck down Gas Infrastructure Development Cess (GIDC) Act 2015 for being unconstitutional. In a...
View ArticleFranklin Law Associates, a house for total law solutions
KARACHI: Franklin Law Associates, a newly formed law firm is all set to provide with total solutions in Constitutional, Customs, Sales Tax, Income Tax, Trade Marks, Civil/Company matters besides...
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