Karachi
Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people
DG Valuation Surriya to revise VR No. 845/2016 on December 26
KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Ruling No: 845/2016 on...
Customs Exports recovers Rs 28.2m from different companies
KARACHI: The Customs Exports has recovered evaded taxes and duties amounting to Rs 28.2 million from various companies. Sources told...
Collector Ashad Jawad removes Examining Officer Chaudhary Asghar from PICT on corruption charges
KARACHI: Collector Customs Appraisement East Ashad Jawad has taken strict action against Examining Officer Chaudhary Asghar and removed him from Pakistan...
Customs I&I recovers import record, functional billing of M/s Digicom
KARACHI: Teams of Directorate of Customs Intelligence and Investigation (I&I) have raided main office of M/s Digicom (Private) Limited situated...
PCA unearths tax evasion of Rs 9.23m by M/s Shamil & Sons
KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 9.23 million by M/s Shamil...
Customs Preventive generates Rs 54.82m in November
KARACHI: The Collectorate of Customs Preventive has collected Rs 54.82 million under the head of customs duty, sales tax, income...
Customs Exports Rs 14.64m from three companies
KARACHI: The Customs Exports has recovered the evaded taxes and duties amounting to Rs 14.64 million from three companies which...
Appraisement West generates Rs 57.63m in November
KARACHI: The Customs Collectorate of Appraisement West has generated Rs 57.63 million customs duty, sales tax, income tax and federal...
Customs R&A directed to update WeBOC to implement new regulatory duty
KARACHI: The Federal Board of Revenue (FBR) has directed Director Reforms and Automation (Customs) to update WeBOC system in order...
SHC seeks comments from parties in case filed for release of oil tanker
KARACHI: The Sindh High Court (SHC) has directed customs officials and petitioner to file their respective comments on a constitutional...
SHC bars Commissioner-IR from cancelling exemption certificate
KARACHI: The Sindh High Court has restrained the Commissioner Inland Revenue from cancelling exemption certificate. A SHC division bench stopped...
New customs values of grey, bleached fabrics issued
KARACHI: The Directorate General of Customs Valuation has issued Valuation Ruling No. 1224/2017 to determined valuation of grey fabric and...
Customs revises value of white oil
KARACHI: Directorate General of Customs Valuation has re-determined values of white oil. The directorate in this regard issued Valuation Ruling...
Valuation Dept enhances customs value of viscose suiting fabric
KARACHI: Directorate General of Customs Valuation, through Valuation Ruling No. 1223/2017, has increased the values of viscose suiting fabrics. The...
FBR to collect ST on re-rollable scrap at 70.5% of total LDT of ship
KARACHI: The Federal Board of Revenue (FBR) has issued direction that discharge of sales tax liability on local supply of...
SRB restores sales tax registration of 13 companies
KARACHI: The Sindh Revenue Board (SRB) has restored sales tax registration of another 13 companies, which were suspended on non-compliance...
Withholding agent ordered to keep record of unregistered persons, companies
KARACHI: Sindh Revenue Board (SRB) has directed taxpayers to maintain record of unregistered persons or companies at the time of...
Banned Indian gray fabrics being imported via UAE, China
KARACHI: The importers of banned Indian gray fabrics have changed their way to hoodwink the customs officials to avail FTA...
Appraisement East collects Rs 61.99m during the month of November
KARACHI: The Customs Collectorate of Appraisement East has collected Rs 61.99 million under the heads of customs duty, sales tax,...
PCA detects tax evasion of Rs 9.75m by M/s Junaid Ilyas and Company
KARACHI: The Directorate of Customs Post Clearance Audit (PCA) has detected duties and tax evasion of Rs 9.75 million allegedly...
