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 issues notices to two companies for alleged tax evasion
KARACHI: The Model Customs Exports has issued a show cause notice to M/s Rashid Hosiery and Exports to deposit their...
Customs values of sodium sulphate anhydrous determined
KARACHI: The Federal Board of Revenue’s (FBR) Directorate General Customs Valuation has revised the customs values of sodium sulphate anhydrousvide....
Input adjustment claims: Taxpayers asked to submit sales details by Aug 10
KARACHI: Federal Board of Revenue has urged the registered persons with the revenue authority to submit their details of sales...
FBR introduces new version of sales tax invoice verification system
KARACHI: In bid to facilitate the taxpayers, the Federal Board of Revenue (FBR) has introduced new version of Sales Tax...
Tooth paste ruling case: SHC orders Customs to ‘release’ consignments
KARACHI: The Sindh High Court has ordered Customs to provisionally release two consignments imported by two different importers and also...
SHC extends stay order for three weeks filed by M/s Nandos
KARACHI: The Sindh High Court (SHC) has extended the stay order for three weeks on a constitutional petition filed by...
Gwadar Customs seizes drugs, engines of luxury vehicles in two actions
KARACHI: The Model Customs Collectorate, Gwadar, has seized a huge cache of drugs, engines of luxury vehicles and two chassis...
SHC seeks comments from tax authorities in Mobile Traders case
KARACHI: The Sindh High Court (SHC) has issued notices to the tax authorities and asked them to file their respective...
ASO seizes 22,000 litres of Iranian oil, electronic items
KARACHI: The Hyderabad Anti-Smuggling Organization (ASO) has seized 22,000 litres Iranian diesel and electronic items during two successful raids. Customs...
Quetta Customs impounds non-duty paid heavy bikes
KARACHI: The Collectorate of Customs Quetta has impounded smuggled heavy bikes and arrested a suspect. Sources told Customs Today that...
Customs valuation rulings uploaded on WeBOC timely: DG
KARACHI: The Directorate General of Customs Valuation has informed the Federal Board of Revenue that the directorate uploads all Customs...
Tax commissioners asked to issue ‘exemption certificates’
KARACHI: The Karachi Tax Bar Association (KTBA) has asked the tax commissioners to ensure early issuance of ‘exemption certificates’ in...
Customs values of low-end garments fixed
KARACHI: The Federal Board of Revenue’s (FBR) Directorate General Customs Valuation in Karachi has revised customs values of low-end garments....
New database: FBR revises Customs valuations of dozens of imported items
KARACHI: Developing a new valuation database to facilitate the importers, the Federal Board of Revenue’s (FBR) Directorate General Customs Valuation...
Meetings scheduled for fourth week to determine Customs values of several items
KARACHI: With the aim to determine customs values of several items, the Directorate General of Customs Valuation has scheduled meetings...
FBR decides to take action against benami transactions
KARACHI: With the aim to curb benami transactions and to indentify black money in the domestic economy, the government is...
Pak-Afghan joint group to discuss transit trade, security issues in Kabul today
KARACHI: A meeting of the first Joint Technical Working Group (JTWG) of Pakistan and Afghanistan transit trade and security issues...
Directorate of PCA directs M/s Rana Associates to pay evaded amount of Rs 4.4m
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected tax evasion of Rs 4.4 million by M/s Rana...
M/s Mian Shafiq Business International challenges tax notice, attachment of bank accounts in SHC
KARACHI: Mian Shafiq Business International has approached the Sindh High Court (SHC), challenging the impugned demand notice of Rs 13,67,82,769/-...
Quetta Customs seizes generators worth Rs 1m
KARACHI: The Customs Anti-Smuggling Organisation (ASO), Quetta, while conducting a successful raid, confiscated heavy duty generators worth Rs 1 million....
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