SHC dismisses petition by Jamshoro Power Company
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Muhammad Humayon Khan dismissed for non-prosecution, a constitutional petition filed by Jamshoro...
View ArticleCustoms Intelligence Quetta seizes smuggled goods worth Rs90 million
KARACHI: Directorate of Customs Intelligence Quetta on the directives of Director General Customs Intelligence & Investigation Shaukat Ali has initiated a crackdown against movement of smuggled...
View ArticleSHC grants time to parties in tile valuation case
KARACHI: An appellate bench of Sindh High Court (SHC) comprising Justice Irfan Saadat Khan and Justice Muhammad Humayun Khan allowed time to respondents as well as customs in a Special Custom Reference...
View ArticleCustoms Appellate bench issues notices to respondents for Nov 15
KARACHI: Hearing a case of higher valuation in respect of imported baby diapers, a Customs Appellate bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Muhammad Humayun...
View ArticleMore reference values notified
KARACHI: The Directorate General of Customs Valuation is actively pursuing ‘Tanveer Plan’ and the development of database values and issuance of reference values of importable items have started...
View ArticleCustoms initiates exercise to analyse abnormal shift in imort trends
KARACHI: In view of declining revenue collection viz-a-viz abnormaly declining trend in the imports of certain goods, Pakistan Customs has initiated an exercise to analyze the trend and identify the...
View ArticleTransfers and postings in Inland Revenue Service
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of BS-20 and BS-19 officers on Inland Revenue Service (IRS). Saif Ullah Khan (Inland Revenue Service/BS-20)is posted as Chief...
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Customs values of stationary items revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of stationary items vide Valuation Ruling No.961/2016. Customs values of stationary items were earlier determined vide...
View ArticleCustoms values of abrasive products revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of abrasive products vide Valuation Ruling No.962/2016. Customs values of abrasive products were earlier determined vide...
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Customs values of mosquito coil & insecticide spray revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of mosquito coil & insecticide spray vide Valuation Ruling No.963/2016. Customs values of mosquito coil &...
View ArticleCustoms values of metallic yarn revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of metalic yarn vide Valuation Ruling No.964/2016. Customs values of metallic yarn were earlier determined vide Valuation...
View ArticleCustoms Tribunal dismisses appeal filed with due authorization
KARACHI: A Special Customs Appellate Tribunal comprising Chairman Justice (Rtd) Malik Manzoor Hussain and Member Judicial I, Islamabad dismissed an appeal filed by Sigma International on ground that...
View ArticleSingling out one appellant: Customs Tribunal dismisses appeal by Director...
KARACHI: The Special Customs Appellate Tribunal, Bench II comprising Chairman, Justice (Rtd) Malik Manzoor Hussain and Member Judicial I, Islamabad dismissed an appeal filed by Deputy Director,...
View ArticleVehicles Amnesty Scheme: Audit team finds short-realization of Rs123.384...
KARACHI: Post Clearance Audit – Customs has found that a sum of RS123.384 million needs to be recovered as it was short-realized on 1510 vehicles which were cleared under Smuggled Vehicles Amnesty...
View ArticleReference values of potable AC issued
KARACHI: Directorate General of Customs Valuation has issued reference values of potable air conditioner. Directorate General initiated an exercise to develop database values for different items...
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DG Customs Valuation amends Valuation Ruling No.926/2016, values of buckram...
KARACHI: Director General Customs Valuation Syed Tanvir Ahmed has amended the Valuation Ruling No.926/2016 and revised the customs values of woven and non-woven interlining Buckram. M/s Carewell...
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DG Customs Valuation amends customs values of tooth brushes in Ruling...
KARACHI: Director General Customs Valuation Syed Tanvir Ahmed has amended the Valuation Ruling No.901/2016 and revised and categorized the customs values of tooth brushes of all kinds. M/s Mater...
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Customs values of canned fruit, sweet corn revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of sweet corn, canned pineapple and fruit cocktail vide Valuation Ruling No.965/2016. The customs values of sweet corn,...
View ArticleWorkers Welfare Fund: Tax or Fee, Controversy back to SHC in a STRA
KARACHI: Although a division bench of High Court of Sindh has declared the contributions to Workers Welfare Fund as tax as back as 2013 but the controversy is back to High Court, this time questioned...
View ArticleKTBA requests extending date for filing tax returns, wealth statement and...
KARACHI: Karachi Tax Bar Association on Monday requested the Chairman FBR to extend the date for filing the tax returns, wealth statement and Income Tax statement as according to KTBA huge back log has...
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