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
SHC disposes of MOC Petroleum’s petition as ASO releases oil tanker
KARACHI: The Sindh High Court (SHC) on Friday disposed of a constitutional petition filed by M/s MOC Petroleum Products, seeking...
PCA detects another tax evasion of Rs 8.2m by Ericsson Pakistan
KARACHI: The Post Clearance Audit has detected another evasion of duty/taxes to the tune of Rs 8.28 million by M/s...
FBR imposes 25% tax on sukuk investment
KARACHI: Federal Board of Revenue (FBR) has imposed a 25 percent tax on the return on investments in Islamic bonds...
Customs Court issues notices to customs, prosecution in turtles smuggling case
KARACHI: Customs Court Judge Syed Faiz Rasool issued notices to the special public prosecutor and investigation officer on bail applications...
Customs Appraisement West collects Rs27b in August 2016
KARACHI: The Customs Collectorate Appraisement West has collected Rs27.383 billion taxes duties under various heads in the month of August...
Appellate Tribunal bars LTU-II from recovering tax from Awan Trading
KARACHI: The Appellate Tribunal of Inland Revenue has barred revenue authority from recovering tax from Awan Trading Co Pvt Ltd,...
Customs Export issues notices to two companies on tax evasion
KARACHI: The Customs Export has issued a show cause notice to a Karachi-based company M/s Farooq Net Wear and Exports...
Release of chemical consignment: SHC dismisses appeal against tribunal’s order
KARACHI: The Sindh High Court has dismissed a special customs reference application (SCRA) filed by Chawala Dyed and Chemicals. A...
Customs counsel ordered to seek instruction for silicon consignment release
KARACHI: The Sindh High Court (SHC) has ordered the counsel for Customs Department to seek instruction for provisional release of...
Chief Collector (South) urged to delay implementation of e-form
KARACHI: The Chief Collector (South) has been urged to extend deadline for the implementation of mandatory Electronic import form (EIF)...
PCA unearths tax evasion of Rs 427.2m in August
KARACHI: The Post Clearance Audit (PCA) detected duty/taxes evasion amounting to Rs 427.232 million, which was made by various importers...
Gwadar Customs foils smuggling bid, seizes narcotics worth Rs 37.7m
KARACHI: Gwadar Customs has foiled an attempt to smuggle 466 kilogramme hashish and narcotics worth Rs 37.7 million. According to...
Sales tax imposition: FBR enhances sugar value to Rs60/kg
KARACHI: Federal Board of Revenue (FBR) has fixed the values of white crystalline sugar both imported and domestically produced for...
Rs2.93b unpaid taxes: FBR to seize private airline’s assets
KARACHI: Federal Board of Revenue (FBR) is likely to seize the assets of a private airline for auctioning to recover...
Customs re-determines values of industrial rubber belts, hosepipe
KARACHI: The Federal Board of Revenue’s Directorate of Customs Valuation has revised the customs values of industrial rubber V-belts, industrial...
SHS directs tax authorities to release consignment of M/s Syscom International
KARACHI: The Sindh High Court (SHC) has directed the tax authorities to release the consignment of "commercial / miscellaneous goods...
PCA detects tax evasion by Ericsson Pakistan
KARACHI: The Post Clearance Audit (PCA) has detected tax evasion of Rs 528,126 by M/s Ericsson Pakistan (Private) Limited on...
Hyderabad Customs seizes items worth Rs 76.7m in August
KARACHI: The Model Customs Collectorate, Hyderabad, has confiscated smuggled items worth Rs 76.7 million by busting various smuggling attempts during...
Customs Court extends physical remand of liquor smuggler
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has extended the physical remand of a suspect, Muhammad Ayub Jaan, for...
Customs Court grants bail to accused involved in smuggling of Iranian diesel
KARACHI: Custom Court judge Faiz Rasool Rashdi granted bail to suspects, Samad Khan and Allah Noor Suleman Khail, in a...
