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
Accused smuggler of 350 live tortoises remanded to jail
KARACHI: Customs (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi remanded accused Baz Muhammad S/o Dost Muhammad to Central...
AFU recovers evaded tax amounting to Rs 150m from PIA, Shaheen Air
KARACHI: The Air Freight Unit (AFU) has recovered more than Rs 150 million from Pakistan International Airline (PIA) and Shaheen...
DG Valuation revises customs values of shade net vide VR No 1160/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of shade net (HDPE) Valuation Ruling No 1160/2017...
3 meetings scheduled for tomorrow to fix Customs values of different items
KARACHI: The Directorate General of Customs Valuation has scheduled three meetings with the stakeholders, including importers, traders and industry representatives...
Two alleged pay-order removers remanded to customs dept’s lockup till May 17
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi remanded accused Abrar Ahmed S/o Manzoor Ahmed and Muhammad Nasir Shoaib S/o...
FBR collects Rs10.023b WHT on non-cash banking transactions by non-filers
KARACHI: The Federal Board of Revenue (FBR) has collected Rs10.023 billion withholding tax on non-cash banking transactions by non-filers during...
DG Valuation issues customs values of spun yarn vide Valuation Ruling No 1161/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of polyester spun yarn, viscose spun yarn, acrylics...
M/s Yasin & Sons approaches SHC for restoration of sales tax registration
KARACHI: M/s Yasin & Sons moved the Sindh High Court (SHC) seeking restoration of its sales tax registration number suspended/blocked...
FBR, FPCCI agree not to audit final tax payment
KARACHI: The Federal Board of Revenue (FBR) has agreed not to select cases for audit where tax is fully paid...
Appraisement East asks M/s Zealcon Engineering to surrender used imported trucks
KARACHI: Customs Appraisement East has asked a company to not to claim the dump trucks as second hand/used trucks of...
SHC dismisses Sukkur Commissioner’s income tax reference application
KARACHI: The Sindh High Court has dismissed an income tax reference application filed by Commissioner-Inland Revenue, Zone I, RTO Sukkur...
SHC serves notice on IGI Finance Securities Ltd
KARACHI: The Sindh High Court has ordered issuance of notices to respondent IGI Finance Securities Limited for an unspecified date....
Transporters strike halts cargo handling at Karachi ports, causing Rs 4b loss in 6 days
KARACHI: Sea ports of the mega city have been facing shortage of space as hundreds of containers are laying idle...
DG Valuation revises customs values of vinyl acetate monomer, oxalic acid and potassium chlorate
KARACHI: The Directorate General of Customs Valuation has revised the customs values of vinyl acetate monomer, oxalic acid and potassium...
Appraisement East arrests 2 more in pay order theft case of Rs 6.4m
KARACHI: Customs Collectorate Appraisement East has apprehended two more suspects who were allegedly involved in theft of a pay order...
Colgate Palmolive Pakistan allowed to make Collector Adjudication-I a party in case
KARACHI: Sindh High Court allowed Colgate Palmolive Pakistan to file amended title in a petition filed by the company to...
Pakistan Customs to use Chinese software to evaluate imports
KARACHI: Chinese software to evaluate Chinese imports at the Pakistan Customs offices is going to start working this month. According...
M/s Master Motor Corp moves SHC against tax recovery notice by Inland Revenue Audit Unit-IV
KARACHI: M/s Master Motor Corporation (Private) Limited has moved Sindh High Court (SHC), challenging impugned notice issued by assistant commissioner...
Customs Court seeks charge sheet against suspect involved in pay-order scam
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has sent a suspect, Muhammad Yousuf son of Babu, to Central Jail...
Customs Court sends suspected tortoises smuggler to Karachi central jail
KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has sent a suspect, Baz Muhammad son of Dost...
