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 Preventive recovers 6,5000 liter smuggled Iranian high speed diesel, arrests 3
KARACHI: Customs Preventive team has caught a boat carrying thousands of liters smuggled Iranian origin high speed diesel. According to...
DG Valuation revises customs values of LED rice lights, vide VR No. 1158/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs value of LED rice lights/ festival decoration lights vide...
SHC directs Inland Revenue Audit to decide appeal filed by M/s Baker Hughes EHO within 4 weeks
KARACHI: The Sindh High Court (SHC) has directed the commissioner Inland Revenue Appeals-I Karachi to decide the appeal of M/s...
Customs Court postpones hearings as lawyers observe black day to protest May 12, 2007 incident
KARACHI: Legal proceedings remained suspended at Customs Court, the Sindh High Court (SHC) and other subordinates courts on Friday as...
Customs Court seeks complete challan in donkey hides’ smuggling case
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has directed investigation officer to complete investigation and file challan against seven...
Pakistan Customs set to launch electronic data exchange with China
KARACHI: Pakistan Customs has completed all arrangements for launching electronic data exchange (EDE) with China. In this regard, the officials...
Fabric confiscation: Customs ordered to file compliance report in court
KARACHI: The Sindh High Court has ordered Appraisement West to submit compliance report by May 17 in a petition filed...
2pc ‘extra’ sales tax blamed for promoting flying invoices
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that further sales tax at two percent has...
FBR urged to amend ST laws regarding IR officers’ posting
KARACHI: Federal Board of Revenue (FBR) has been urged to amend sales tax laws related to posting of Inland Revenue...
Budget Proposals 2017-18: FBR urged to bring down sales tax rate to 14%
KARACHI: The Federal Board of Revenue (FBR) has been urged to bring down sales tax rate to 14 percent in...
Collector Preventive Saifuddin Junejo devises new strategy to facilitate importers, exporters
KARACHI: The Collectorate of Customs, Preventive, has decided to adopt a new strategy to facilitate importers and exporters in clearance...
SHC to hear petition of value enhancement cases on 15th
KARACHI: Hearing a constitution petition filed by Raja Brothers, importers of sanitary towel (pads), an appellate bench of High Court...
FBR allows zero-rating facility on gas supply to Rajwani Demin Mills
KARACHI: The Federal Board of Revenue (FBR) has allowed zero-rating facility on supply of gas to an industrial unit through...
Heinz Pakistan moves SHC for early disposal of its appeal at Inland Revenue Appeals-III Karachi
KARACHI: M/s Heinz Pakistan (Private) Limited has moved the Sindh High Court (SHC), seeking disposal of its appeal pending before...
Offshore company owners ready to pay evaded tax to national exchequer
KARACHI: The Custom (Taxation & Anti-Smuggling) Court was informed that absconding accused named Bashir Dawood and Mariyam Dawood are ready...
Interim relief request deferred till appearance of concerned collectorate
KARACHI: Sindh High Court (SHC) has deferred on an application for interim relief till the concerned collectorate makes an appearance...
DG Valuation issues Valuation Ruling No. 1156/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of chemicals iso-prosvl alcohol, n-propanol, cvclohexanone, ethoxylated nonyl...
DG Valuation revises customs value of methanol vide VR No. 1157/2017
KARACHI: The Directorate General of Customs Valuation has revised the customs values of methanol through Valuation Ruling No 1157/2017 under...
CIR files Income Tax Reference against M/s Fazal Textile Mills Ltd
KARACHI: The Sindh High Court (SHC) served a notice on M/s Fazal Textile Mills Limited on an Income Tax Reference...
SHC seeks comments from tax authorities for seizing record of petitioner’s office
KARACHI: The Sindh High Court (SHC) has sought comments from tax authorities on a constitutional petition filed by M/s SP...
