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 Customs Valuation revises customs values of vacuum flasks
KARACHI: Directorate General Customs Valuation has revised the customs values of vacuum flasks. The customs authorities issued fresh valuation ruling...
M/s Hameer Faqee Cotton Mills challenges SRO in SHC
KARACHI: M/s Hameer Faqee Cotton Ginners and Oil Mills, Sanghar and others have approached the Sindh High Court (SHC), challenging...
SHC seeks comments from tax authorities on plea filed by M/s Nida Azwer
KARACHI: The Sindh High Court (SHC has sought comments from the federal and provincial tax authorities and deputy attorney general...
Customs Court indicts customs agents in ATT container pilferage scam
KARACHI: The Special Court of Customs Taxation and Anti-smuggling on Monday arraigned a number of customs clearing agents in over...
Quetta Customs seizes huge quantity of smart phones, watches
KARACHI: Quetta Customs Intelligence and Investigation has recovered huge quantity non-duty paid watches and smart cell phones during two different...
Customs export recovery cell issues notice to Qayyum Fabrics
KARACHI: Customs Collectorate Export Special Recovery Cell issued notice to Qayyum Fabrics to deposit evaded tax amount to Rs3,45,000. Sources...
ANF foils bid to smuggle drugs at Karachi airport
KARACHI: The Anti-Narcotics Force (ANF) has foils a bid to smuggle 950 grams of potent drugs to the foreign country...
Customs foils bid to smuggle heroin to foreign country
KARACHI: Customs officials checked the flight no 761 of the Pakistan International Airlines and foiled a bid to smuggle one...
PRISM transactions up by 4pc in volume, decrease by 12pc in value
KARACHI: During the third quarter of financial year 2015-16, Pakistan Realtime Interbank Settlement Mechanism (PRISM) settled 235,274 transactions worth Rs...
Shoes importers plan to go to court if custom rejects review petition
KARACHI: The shoes importers in the country will go to the court if the Director General Custom Valuation rejects their...
SHC restores sales tax registration of M/s Nadeem Trading
KARACHI: The Sindh High Court (SHC) has suspended the impugned notice which had suspended the sales tax registration of M/...
SHC seeks comments from tax authorities on plea filed by PSQCA
KARACHI: The Sindh High Court ( SHC ) has issued notices to chairman Sindh Revenue Board, secretary Ministry of Finance,...
SHC adjourns hearing of petition filed by M/s Mahmood Industries till June 9
KARACHI: The Sindh High Court (SHC) continued the interim order that had stayed impugned recovery proceedings of input tax amounting...
Mis-declaration: Adjudication-I issues show cause to M/s Zeeshan Textile
KARACHI: Customs Adjudication-I has issued show cause to M/s Zeeshan Textile for for evading taxes/duties in import of silk cloth....
Customs Gwadar recovers huge quantity of smuggled Iranian diesel, brake oil
KARACHI: Customs Collectorate Gwadar, during a successful operation against smugglers, recovered a huge quantity of non-duty paid Iranian diesel, while...
Siraj Kassim Teli terms budget 2016-17 ‘pro-agriculture’
KARACHI: A prominent leader of Karachi’s business community, Siraj Kassim Teli, has rejected the federal budget presented by Finance Minister...
Chairman ABAD demands govt to withdraw FED on cement
KARACHI: The Chairman of Association of Builders and Developers (ABAD) Hanif Gohar has strongly condemned the imposition of federal excise...
DG Customs Valuation revises customs value of load cells
KARACHI: The Director of Customs Valuation has issued a fresh valuation ruling no.861/2016, revising the customs values of load cells....
PCA detects Rs 1.2m tax evasion by M/s RK Enterprises
KARACHI: The Directorate of Post Clearance Audit (PCA) has detected duty/taxes evasion to the tune of Rs 1.205 million allegedly...
IR Tribunal directed ATIR to decide petitioners appeals within 60 days
KARACHI: The Sindh High Court (SHC) has directed the Appellate Tribunal Inland Revenue (ATIR) to decide the pending appeals of...
