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
IOCO finalizes duty drawback rates, waiting for FBR approval
KARACHI: The Input Out Co-efficient Organization (IOCO) has completed its work to finalize the duty drawback rates for the year2016-2017,...
PCA serves contravention report on M/s Asra Enterprises for evading duties, taxes
KARACHI: The Directorate of Post Clearance Audit (PCA), Karachi, has served a contravention report on M/s Asra Enterprises for evasion...
Custom court acquits two suspects in tax fraud case
KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi has acquitted two suspects, Faisal Rehman s/o Malik Nazeer and Sadiq Sultan...
Internal Audit Customs prepares audit-paras of steel consignments cleared during 2012-15
KARACHI: The Directorate General of Internal Audit-Customs has prepared the audit-paras in connection with steel consignments which were cleared during...
M/s Wateen WiMAX evades Rs 900,980 duty allegedly by mis-declaration
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has detected evasion of duties/taxes worth Rs 900,980 by M/s Wateen WiMAX...
Sindh Revenue Board collects Rs 17.2 billion in 1Q of FY 2016-17
KARACHI: During the first quarter (July, 2016 to September, 2016) of the financial year 2016-17, the Sindh Revenue Board (SRB)...
PCA detects tax evasion of Rs 1,284.744 by M/s Telenor evades through mis-declaration
KARACHI: The Customs Post Clearance Audit, Karachi Directorate has detected taxes/duties evasion of Rs 1,284,744 through mis-declaration of classifications, it...
SHC bars tax authorities from taking action against M/s Orient Electronics, Mumtaz Hussain
KARACHI: The Sindh High Court (SHC) has directed the tax authorities not to take any coercive action against petitioners on...
Customs Court declares suspect involved in smuggling of precious stones as proclaimed offender
KARACHI: Customs Court judge Syed Faiz Rasool Rashdi has declared a suspect, Yasir, as proclaimed offender who allegedly attempted to...
Customs Exports issues show cause notice to M/s Zeyan Aluminum
KARACHI: Model Customs Export has issued show cause notice to a Hyderabad-base company involved in tax evasion. Customs official told...
FBR advises customs formations to submit reshuffle list
KARACHI: Federal Board of Revenue (FBR) has advised all Customs formations to submit disposition list of officials which are working...
Appraisement West orders scrutiny of importers, agents for renewal of licenses
KARACHI: The Customs Collectorate Appraisement West has asked the Directorate of Reforms and Automation to thoroughly check the credentials of...
ASO seizes gutka, diesel worth Rs 10m in 5 days
KARACHI: The Customs Anti-Smuggling Organisation (ASO) has confiscated Indian origin gutka and 400 litres of Iranian diesel during five days....
Custom Court directs jail authorities to release suspect involved in tax fraud case
KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi has directed the superintendent Central Jail Karachi to release the accused person...
SHC moved against customs values of cell phones accessories
KARACHI: The Sindh High Court (SHC) has issued notices to the tax authorities and deputy attorney general of Pakistan on...
Customs Exports issues final notice to M/s Ambreen Enterprises and Exports
KARACHI: The model Customs Exports has launches a crackdown against tax evaders and issued final notices to many companies to...
Customs values of surgical gloves revised
KARACHI: The Directorate General of Customs Valuation has revised the customs values of latex, vinyl, nitrile examination/surgical gloves vide Valuation...
DG Customs Valuation issues new valuation of high tensile nuts, bolts, washers
KARACHI: Director General of Customs Valuation Wasiq Memon issued fresh valuation ruling of high tensile nuts bolts and washers ....
Director Wasif revises customs values of various chemicals
KARACHI: Customs Valuation Director Wasif Memon has revised the customs values of various chemicals vide Valuation ruling No. 948/2016. The...
Quetta customs recover smuggled vehicle, 4,500 mobile phones
KARACHI: Customs Intelligence and Investigation, Quetta has seized a smuggled vehicle and recovered 4,500 Nokia mobile phones on Quetta-Chamman Road....
