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
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 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...
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...
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...
Customs Preventive seizes non-duty paid Toyota Hilux Surf
KARACHI: The Customs Collectorate of Preventive, Anti Smuggling Organisation (ASO) has registered the FIR against accused, who were allegedly involved...
PSI companies of UAE, China booked for fraud
KARACHI: Quetta Customs has booked certain importers and foreign pre-shipment inspection (PSI) companies including M/s Bureau Veritas of UAE and...
Customs to auction fresh/left over lots from May 31 to June 1
KARACHI: Customs authorities have announced to auction fresh/left over lots from May 31 to June 1 in the jurisdiction of...
Customs court dismisses bail pleas of suspects involved in donkey hides smuggling case
KARACHI: Customs (Taxation & Anti-Smuggling) Court Judge Syed Faiz Rasool Rashdi dismissed the bail applications of a Chinese Citizen Tu-Zhong...
Finance Bill 2017: FBR to establish directorate general of transfer pricing
KARACHI: Federal Board of Revenue (FBR) has proposed through Finance Bill 2017 to establish Directorate General of Transfer Pricing. The...
