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
Adjudication-I issues ONO against M/s Lyalpur Chemical, imposes Rs 0.3m penalty
KARACHI: The Collectorate of Customs Adjudication-I has issued Order-in-Original (ONO) against M/s Lyalpur Chemical and Fertilizer for its alleged involvement...
Customs Adjudication-I sends budget proposals to FBR HQ
KARACHI: The Collectorate of Customs Adjudication-I has sent budget proposals to the Federal Board of Revenue (FBR) Headquarters. The sources...
SHC seeks remarks from Commissioner IR on plea filed by Abdul Majid
KARACHIl: The Sindh High Court (SHC) on Monday sought comments from the Commissioner Inland Revenue Zone - II, Regional Tax...
SHC suspends show-cause notice issued by SRB over tax collection
KARACHI: The Sindh High Court (SHC) on Monday suspended the show cause notice issued by the Sindh Revenue Board over...
SHC seeks reply on petition filed by M/s Sattar Cotton Ginning Factory
LAHORE: The Sindh High Court (SHC) on Monday issued notices to the secretary Revenue Division, chief commissioner IR RTO Hyderabad,...
FBR decides to ‘blacklist’ 55 companies for failing to file sales tax returns
KARACHI: The Federal Board of Revenue (FBR) has decided to 'blacklist' 55 companies in Karachi. Sources informed Customs Today that...
FBR freezes bank accounts of two companies, recovers Rs 9.4m tax
KARACHI: The Federal Board of Revenue (FBR) has recovered Rs 9.4 million tax after freezing bank accounts of two Karachi-based...
PCA detects tax evasion of Rs 300 million allegedly by Mobilink
KARACHI: The Post Clearance Audit has detected short-payment/evasion of around Rs 300 million by M/s Pakistan Mobile Communication Limited (Mobilink)....
SHC directs customs to release consignment of M/s Prime Steel House upon payment of duties
KARACHI: The Sindh High Court (SHC) has directed the customs authorities to release the consignment of imported "prime newly produced...
Customs, boarder security force join hands against fruit smuggling
KARACHI: The Pakistan Customs and boarder security force has joined hands against the elements involved in the smuggling of the...
M/s. Continental Biscuits challenges FED on franchise services in SHC
KARACHI: M/s Continental Biscuits Limited has approached the Sindh High Court (SHC), challenging demand for federal excise duty on franchise...
FBR to take strict action against hospitals involved in tax evasion
KARACHI: Federal Board of Revenue (FBR) decided to take strict action against four private hospitals which were involved in tax...
SBR starts crackdown against tax defaulters
KARACHI: The Sindh Board of Revenue (SBR) started crackdown against tax evaders as this fiscal year is going to end....
Internal Audit-Customs to audit various consignments cleared in three years
KARACHI: The Director General of the Directorate General of the Internal Audit-Customs Dr Owais Agha Jawwad has ordered the audit...
SHC seeks comments from commissioner IR on plea filed by M/s MIMA Trading
KARACHI: The Sindh High Court (SHC) on Friday stayed the recovery of tax liability of Rs 208,400 from M/s MIMA...
SHC bars RTO from recovering Rs 1.99m on appellant’s plea
KARACHI: The Sindh High Court (SHC) on Friday suspended the impugned demand notice for recovery of Rs 1.994 million until...
SHC suspends order against suspension of sales tax registration of Haji Ibrahim
KARACHI: The Sindh High Court (SHC) on Friday suspended the impugned order against suspension of the sales tax registration of...
Customs wants 5 to 20% increase in duties on imported items
KARACHI: The Customs Department, in its budget proposals for 2016-17, has asked for imposition of five to 20 percent regulatory...
IR Intelligence investigating alleged tax evasion by TV stars
KARACHI: The Federal Board of Revenue (FBR) Inland Revenue (IR) Intelligence and Investigation has launched an investigation into the alleged...
RTO-II recovers Rs 57.8 million from 3 companies
KARACHI: The Federal Board of Revenue (FBR) Regional Tax Office-II (RTO-II) has collected Rs 57.8 million as sales tax from...
