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
DG Valuation revises customs values of switches, sockets vide VR No 1165/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of switches and sockets vide Valuation Ruling No...
Traders for FDI incentives, expansion of tax net
KARACHI: The representatives of industrial sector, chambers and trade associations of the country have asked the government to give greater...
Govt rejects Kissan Ittehad’s budget proposal
KARACHI: The government has reportedly rejected the proposal of Kissan Ittehad with respect to waiver of GST on agriculture input,...
PCA recovers evaded amount from Pakistan Int’l Bulk Containers Terminal
KARACHI: Directorate General of Post Clearance Audit (PCA) recovered Rs 1.5 million from Pakistan International Bulk Containers Terminal. Sources told...
DG Valuation rejects revision petition of M/s Grace Chemicals
KARACHI: Director General of Customs Valuation has issued Order in Revision No 340/2017 under section 25-D of the Customs Act,...
3 meetings scheduled for May 23 to fix Customs values of several items
KARACHI: With the aim to determine customs values of several items, the Directorate General of Customs Valuation has scheduled three...
Collector Preventive Junejo to address on “Supply and Abuse of Drugs” today
KARACHI: Collector of Customs Collectorate Preventive Dr Saifuddin Junejo will address the participants of a meeting as Guest of Honor...
Export scam: Chaudhry Sugar Mills moves Appellate Tribunal against Adjudication order
KARACHI: A sugar mills has moved Appellate Tribunal against the order of Customs Collector Adjudication in a sugar export scam....
Govt to increase revenue target by Rs500b for next FY
KARACHI: An ‘economic watchdog’ has claimed that the government would increase the revenue target by Rs500 billion to Rs4 trillion,...
SRB warns importers 10-time penalty in failure to pay stamp duty
KARACHI: Sindh Board of Revenue has warned importers of imposition of 10 times penalty if they fail to pay stamp...
Budget 2017-18: FBR urged to allow some waivers of ‘penalties’ on textile goods
KARACHI: Textile industry has urged the Federal Board of Revenue (FBR) to allow some tax credits/incentives or waiver of default...
FBR asked to introduce 50% initial depreciation allowance rate for textile machinery
KARACHI: Textile industry has asked the Federal Board of Revenue to introduce 50 percent initial depreciation allowance rate for plants...
FBR issues instruction to adjust refunds in recovery cases
KARACHI: Federal Board of Revenue (FBR) has directed officials to adjust refunds of taxpayers against demand created as result of...
Customs detects Rs61m evasion of anti-dumping duty
KARACHI: Pakistan Customs has detected evasion of over Rs61 million on account of levy of provisional anti-dumping duty on dumped...
DG Valuation Suraiya Butt disposes of revision petition of M/s Time Trading Company
KARACHI: Director General of Customs Valuation Suraiya Ahmed Butt issues Order in Revision No. 342/2017 under section 25-D of the...
Authorities detect cases of mis-declarations on advice of Port Qasim Collector Saeed Akram
KARACHI: Collector Port Qasim Saeed Akram has directed Additional Collectors Khalil Yousfani and Yaseen Murtaza to keep strict vigilance to...
Under training personnel should focus on customs laws: Director Training Zeba Azhar
KARACHI: All the under training personnel should learn local and international Customs laws to successfully carry out their duties in...
DG Valuation revises customs values of Potato Frozen French Fries
KARACHI: The Directorate General of Customs Valuation has revised the customs value of Potato Frozen French Fries Valuation Ruling No...
DG Valuation revises customs values of oil filer & air filter of Denso brand
KARACHI: The Directorate General of Customs Valuation has revised the customs values of automotive oil filter and air filter Denso...
SHC issues contempt notice to FBR officer
KARACHI: The Sindh High Court (SHC) issued a notice to the alleged contemnor, Quadeerullah Saeed, Secretary IR-ST & FE (law,...
