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
FBR withdraws exemption of 1% additional CD on import of 1800cc vehicles
KARACHI: Federal Board of Revenue (FBR) has withdrawn exemption of one percent additional customs duty on import of old and...
FBR withdraws zero-rating facility on electricity to M/s Converter
KARACHI: Federal Board of Revenue (FBR) has withdrawn zero-rating facility on supply of electricity to M/s Converter (Unit-2). According to...
SHC Customs appellate bench issues notices in identical petitions
KARACHI: A Sindh High Court’s Customs appellate bench has issued notices to the federal government, FBR, Customs for Nov 7...
SHC asks Customs to justify non-implementation of order
KARACHI: The Sindh High Court (SHC) has asked Pakistan Customs to justify non-implementation of order passed in a suit filed...
Customs Export serves notices on four companies involved in tax evasion
KARACHI: The Customs Exports has served three show cause notices and one final notice on tax defaulters and tax evaders...
Customs Court summons witnesses in case of mis-declaration
KARACHI: The Customs court Judge Syed Faiz Rasool Rashdi called prosecution witnesses in a case registered against suspects namely Shaikh...
Appraisement East recovers evaded tax of Rs 4.78m from M/s Hanif Furniture & Co
KARACHI: The Model Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 4.78 million in the clearance of...
SHC continues interim order on petition filed by M/s Royal Impex
KARACHI: The Sindh High Court (SHC) continued interim order passed earlier on a constitutional petition filed by M/s Royal Impex...
DG Valuation Surriya Butt to revise VR No 802/2016 by mid November
KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt has decided to revise the Valuation Ruling No: 802/2016 on...
SHC continues interim order on petition filed by M/s Intertek Pakistan
KARACHI: The Sindh High Court (SHC) continues interim order for the next date of hearing on a constitutional petition file...
PCA detects 22 cases of tax evasion worth Rs 90.58m in October
KARACHI: Directorate of Post Clearance Audit (PCA) Director Nadeem Memon has shown excellent performance by detecting 22 cases of tax...
Customs Court extends bail of suspect in tax evasion case
KARACHI: The Customs Taxation and Anti-Smuggling Court has extended bail of a suspect, Shahid Muneer, Chief Executive Officer of M/s...
Tax evasion: Adjudication-I recovers Rs3.26m from M/s Shabbir Traders
KARACHI: The Customs Adjudication-I has recovered Rs 3.26 million from M/s Shabbir traders. The company was found involved in tax...
IPR Enforcement seizes counterfeit wristwatches imported from China
KARACHI: Directorate of IPR Enforcement-South has confiscated consignments of counterfeited wristwatches of luxurious brands, imported from China. The unauthorized use...
Appraisement East collects Rs74.23m of taxes & duties during October
KARACHI: The Customs Collectorate of the Appraisement East has generated Rs74.23million of customs duty, sales tax, income tax and federal...
DG Valuation revises customs value of tooth brushes vide VR No1218/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs value of Tooth Brushes Valuation Ruling No 1218/2017 under...
Customs Appraisement West receives Rs70.17m as taxes & duties during October
KARACHI: The Customs Collectorate of Appraisement West has earned Rs70.17million of customs duty, sales tax, income tax and federal exercise...
Customs PCA unearths evasion of duties & taxes by M/s Raheel Steel
KARACHI: The Directorate of Customs Post Clearance Audit (PCA) has detected an evasion of duties and taxes of Rs5.98million by...
Only 70pc taxpayers file tax returns till now as IRIS system hits snags
KARACHI: As taxpayers are visiting the offices of the Federal Board of Revenue (FBR) in a large number due to...
DG Valuation Surriya to revise VR No 838/2016 on November 21
KARACHI: The Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Ruling No: 838/2016...
