Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Appraisement (East) starts verifying clearance data of pharmaceuticals

bySohail Rab
10/11/2014
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Research and Development (R&D) Section of MCC-Appraisement (East) while following the directives of Collector Najeeb-ur-Rehman Abbasi has started to verify the previous data of pharmaceuticals, which have been cleared under SRO 551(I)/2008, it was learnt here.

The sources informed Customs Today that the R&D Section is verifying the clearance data of the pharmaceuticals, which have been cleared during last two years under SRO551(I)/2008. They further said that the main aim for verifying the clearance data is to scrutinize whether the importers were cleared their consignments legally or involved in any attempt of tax evasion.

You might also like

KP govt to present three-month budget

16/06/2026

Petrol prices in Pakistan likely to decline

16/06/2026

“If any of the importer of the pharmaceutical would be involved in misusing/violating the SRO551(I)/2008; then the R&D Section would raised recovery demand against that importer”, they added. They further said that the officials of R&D Section have started to scrutinize the data and the entire process would be completed in a week or so.

It is pertinent to mention here that the Appraising Intelligence Branch (AIB) of MCC-Appraisement (West) has already taken initiative over verifying the consignments, which have been cleared under SRO551(I)/2008 and also found several importers involved in misusing the SRO551(I)/2008. The AIB of MCC-Appraisement (West) has also recovered an amount of Rs2.3 million from an importer M/s Standpharm in its alleged involvement in misusing the SRO551(I)/2008.

They said scrutinizing process of AIB-Appraisement (West) has compelled the R&D Section of MCC-Appraisement (East) to work on verifying the clearance of pharmaceutical consignments which have been cleared under SRO551(I)/2008.

Tags: AIB of MCC-Appraisement (West)Appraising Intelligence Branch (AIB) of MCC-Appraisement (West)businessCollector Najeeb-ur-Rehman AbbasiCustoms NewsFBRimporter M/s StandpharmResearch and Development (R&D) Section of MCC-Appraisement (EastSRO551(I)/2008.

Related Stories

KP govt to present three-month budget

byCT Report
16/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has decided to present only a three-month budget for the next financial year instead of...

Petrol prices in Pakistan likely to decline

byCT Report
16/06/2026

ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...

Govt eyes more global bond issues, sees budget upside from Iran deal

byCT Report
16/06/2026

ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is...

FBR notifies fresh customs values of steel pipes vide VR No68/2026

byCT Report
16/06/2026

KARACHI: The Federal Board of Revenue (FBR) has notified revised customs values for imported carbon steel seamless pipes through Valuation...

Next Post

OGDCL's 313m shares sale at Rs216 scrapped, reservations now on $4b privatisation of SOEs, PIA

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.