Experts hail govt’s decision of 1pc VAT on importers
KARACHI: The government’s decision to levy 1 percent Value Addition Tax (VAT) on importers instead of 2 percent is being hailed...
RTO-I attaches bank accounts of 50 ‘registered persons’
KARACHI: The Regional Tax Office-FBR Karachi region has attached bank accounts of about 50 ‘registered persons’ after they failed to...
SHC allows release of seized equipment imported by Telenor as interim relief
KARACHI: The Sindh High Court (SHC) vide its order on May 13, 2015 in a Constitutional Petition No. D-2353/2015 filed...
Adjudication-II upholds contravention case against CMPAK; imposes Rs 3m penalty on importers
KARACHI: The collector of Customs Adjudication-II, Karachi has upheld the contravention report through its Order-in-Original No.115 of 2014-2015 dated June...
SHC adjourns Bol’s case for next hearing till June 25
KARACHI: Sindh High Court (SHC) adjourned the hearing in the case of Bol Media Group, a sister company of Axact...
Customs Court adjourns hearing of case regarding import of banned antibiotics
Importer Chandna gets interim bail KARACHI: Customs Court adjourned the hearing of import of banned antibiotic case when importer’s counsel...
Prime suspect in banned antibiotic case, Chandna, told to appear in court today
Customs to move court for cancellation of bail granted to the accused KARACHI: Muhammad Ali Chandna, a prime suspect in...
Appraisement-East detects tax evasion case of Rs 10 million
KARACHI: The Research and Development (R&D) Section of MCC-Appraisement-East has detected an under-invoicing case amounting to Rs 10 million against...
Customs Valuation determines values of infusion giving set
KARACHI: The Directorate General of Customs Valuation has determined the values of infusion giving set under the PCT Heading 9018.3920...
Valuation Dept determines Customs value of hot melt adhesives
KARACHI: The Directorate General of Customs Valuation has determined the values of hot melt adhesive glue stick, granules, chips, pellets...
Valuation Dept determines customs value of tubular metal needle
KARACHI: The Directorate General of Customs Valuation has determined the value of tubular metal needle under Section 25-A of the...
Karachi: Customs Value of tissue paper jumbo roll determined
KARACHI: The Directorate General of Customs Valuation has determined the value of tissue paper jumbo roll H.S. Code 4803.0000 under...
Customs Adjudication-II orders ICI Pakistan to deposit short taxes Rs 25.94 million
KARACHI: Customs Adjudication-II, Karachi has given his decision in the favour of Appraisement-East on a contravention report on a case...
SHC issues interim order; stops customs from taking action against BOl
KARACHI: Sindh High Court (SHC) in an interim order has stopped the Directorate of Customs Intelligence and Investigation Karachi regions...
Gwadar Customs Collector Jawwad commends performance of collectorate
ASO Gwadar seizes 2.1 million litres of diesel in 11 months GWADAR: Model Customs Collectorate, Gwadar’s Anti-Smuggling Organistation (ASO) impounded...
FBR notifies promotion of 33 PCS officers to BS-20, BS-21
KARACHI: The Federal Board of Revenue (FBR) has notified the promotions of BS-19 and BS-20 officers of the Pakistan Customs...
Customs Intelligence asks Bol management to provide documents of imported goods
KARACHI: In the latest development on Bol television channel issue, the Customs Intelligence & Investigation-FBR, Karachi region, has prepared an...
FIA discovers Axact’s fake degree printing press
KARACHI: The Federal Investigation Agency (FIA) discovered a printing press which was used to print fake degrees by Axact here,...
DG Customs Valuation rejects VR No. 716/2015 of ‘PC Stranded wire’
KARACHI: The Director General of the Directorate General Customs Valuation Samaira Nazir Khan has rejected a Review Petition through Order...
RTO Karachi collects Rs 12.8 billion revenue until May 30
KARACHI: Regional Tax Office (RTO-I) Karachi has collected Rs. 11.623 billion during the month of May, 2015 while in the...
