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
Customs to fix value of aluminium utensils on June 1
KARACHI: With the aim to determine customs value of Aluminium Utensils, the Directorate General of Customs Valuation has scheduled...
SHC rejects petition filed by CIR against M/S Ranipur CNG Station Ranipur
KARACHI: The Sindh High Court (SHC) dismissed an income tax reference petition filed by Commissioner Inland Revenue Zone-I, Regional Tax...
Poultry feed supplements not being given Customs clearance
KARACHI: The Pakistan Poultry Association (PPA) has accused Pakistan Customs of denying clearance to imported chicken feed ingredients like vitamins...
Customs Court directs IO to submit charge sheet against owner of NDP Toyota Hi-Lux Surf
KARACHI: The Customs Court Judge Syed Faiz Rasool Rashdi directed investigation officer to complete investigations and submit charge sheet against...
FBR’s revenue target for FY17-18 increased by 14% to Rs4,013b
ISLAMABAD: The government has increased revenue collection target for Federal Board of Revenue by 14 per cent to Rs4,013 billion...
Valuation enhancement cases: SHC appellate bench sets aside judgment
KARACHI: The Sindh High Court has reserved the judgment pertaining to powers of Director Valuation for increasing customs value in...
DG Valuation revises customs values of exhaust fans vide VR No 1174/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of exhaust fans vide Valuation Ruling No 1174/2017...
Collector Saeed Akram detects tax evasion by M/s J. L. Enterprises
KARACHI: Collector Port Qasim Saeed Akram and Additional Collector Khalil Tousafani are keeping strict vigilance on clearance of goods prone...
Appraisement-East to auction seized goods on June 5
KARACHI: Model Customs Collectorate Approximant-East will hold auction of non-duty paid vehicles and seized goods on June 05, 2017.
Meeting to fix Customs values of Load Cells to be held on 31st
KARACHI: With the aim to determine customs values of Load Cells, the Directorate General of Customs Valuation has scheduled...
Customs tribunal restores licence of M/s Lintaz Industries
KARACHI: Customs Appellate Tribunal Bench-III directed the Customs Department to restore applicant’s export oriented unit (EOU) licence from the date...
Customs Preventive gears up action against smuggling, seizes 35 non-duty paid vehicles
KARACHI: Collectorate of Customs Preventive has geared up action against those involved in smuggling of non-duty paid luxury vehicles. According...
Assault on Customs officials: Commandant asked to take action against PSF personnel
KARACHI: The Directorate of Transit Trade has asked the Port Security Force (PSF) Commandant to take action against his...
Customs court sends suspect on physical remand booked in misusing pay-order
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has sent a suspect, Muhammad Rafiq I/c WeBOC Collection Counter, OG-II, National...
SHC seeks comments from tax authorities on petition by Pakistan Molasses Co.
KARACHI: The Sindh High Court (SHC) has issued notices to the tax authorities and deputy attorney general, directing them to...
DG Valuation revises customs values of telephones vide VR 1172/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of telephones through Valuation Ruling No 1172/2017 under...
Govt brings down tax on PSX services from 8% to 2%
KARACHI: The federal government has decreased the tax rate on services offered by the Pakistan Stock Exchange (PSX) from...
FBR suggest 5-year imprisonment for illicit traders of cigarettes
KARACHI: The Federal Board of Revenue (FBR), in Finance Bill 2017, has suggested to give five-year imprisonment to the...
DG Valuation issues Valuation Ruling No 1173/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs value of massage chair, foot massager and other massager...
Automatic stay in sales tax recovery allowed on 25% payment
KARACHI: In order to give relief taxpayers, it has been proposed that automatic stay will be available in sales tax...
