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 Appellate Tribunal rejects Valuation Ruling No 840/2016
KARACHI: A special bench of the Customs Appellate Tribunal has set aside impugned Valuation Ruling No 840/2016 dated 21/4/2016 and...
Customs court seeks progress report from IO against owners of offshore co
KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi sought a progress report from investigation officer and adjourned the case for...
SHC seeks comments from Tax Dept against levy of further sales tax on zero rated supplies
KARACHI: Sindh High Court (SHC) issued notices to the tax department and deputy attorney general and directed them to file...
DG Valuation revises customs values of baby diapers, sanitary towels
KARACHI: The Directorate General of Customs Valuation has revised the customs values of baby diapers and sanitary towels/ napkins and...
Govt continues zero-rate sales tax for export sector
ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has announced to continue zero-rate sales tax for export sector in fiscal year...
Govt for increasing sales tax rate to enhance revenue
KARACHI: The federal government has proposed to increase incidence of sales tax on various imports and sectors which would help...
Appraisement East directs NBP to receive only pay-orders with names, NTN of importers
KARACHI: Deputy Collector Research and Development Habib Ahmad of Customs Collectorate of Appraisement (East), Customs House, Karachi has directed all...
Customs Enforcement files FIR against Zubair Gheewala for availing undue tax exemptions under FTA
KARACHI: The Customs Enforcement and the Directorate General of Intelligence and Investigation have alleged that Muhammad Zubair Gheewala deliberately filed...
SHC directs Chief Commissioner Inland Revenue to hire counsel in M/s Dewan Textile Mills case
KARACHI: The Sindh High Court (SHC) has directed Chief Commissioner Inland Revenue LTU-I/LTU-II to engage counsel for representing the tax...
RTO-I recovers Rs 34,548m during first 20 days of May
ISLAMABAD: The Regional Tax Office-I (RTO-I) has recovered an amount of Rs 34,568 million during first twenty days of May....
Customs court issues non-bailable warrant for accused booked in mis-declaration case
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi issued a non-bailable warrant for accused Muhammad Muamar Junaid booked in a...
SHC grants bail to accused in mis-declaration case
KARACHI: Sindh High Court has granted bail to a disabled person in a mis-declaration case. Justice Aftab Ahmed Gorar granted...
Customs court grants bail to accused booked in tax evasion case
KARACHI: Customs (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi granted an interim bail to accused Ziaur Rahman S/o...
SHC restrains tax deptt from recovery on petition filed by M/S Master Motor Corp
KARACHI: The Sindh High Court (SHC) restricted tax department from recovery till next date of hearing on a constitutional petition...
Tax evasion: Customs Court accepts interim challan against suspects
KARACHI: Investigation officer Muhammad Azam Nafees has submitted an interim challan before Customs Court Judge Syed Faiz Rasool Rashdi against...
M/s Motiwala Jewellers files petition in SHC challenging tax notice
KARACHI: M/s Motiwala Jewellers moved the Sindh High Court (SHC), challenging impugned demand notice of Rs16,896,254 issued by Additional Commissioner...
Customs seizes opium worth Rs131.67 million
KARACHI: Customs Anti Smuggling Organization Sukkur seized 63 kg of opium worth Rs 131.67 million, being transported to Karachi via...
Inland Revenue serves notice on Karachi University due to tax default
KARACHI: The Inland Revenue (IR) of the Federal Board of Revenue (FBR) has served a notice on the accounts department...
Customs playing vital role in curbing drugs smuggling: Deputy Collector Ali Raza
KARACHI: Deputy Collector Customs Preventive (Headquarters) Ali Raza has said that the Custom Department is playing a vital role in...
DG Valuation revises customs values of ice cream vide VR No 1167/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of ice cream vide Valuation Ruling No 1167/2017...
