Karachi

KARACHI: Collector of the Collectorate of Customs Adjudication-I Farid Iqbal Qureshi has reserved the judgement in M/s PTCL tax evasion...

Customs Valuation revisits values of toilet soap vide VR 737/2015

KARACHI: The Directorate General of Customs Valuation has determined the values of toilet soap afresh under Section 25-A of the...

Compiled copy of ‘Customs Clearance Manuel’ sent to Collector Saleem for review

KARACHI: The Model Customs Collectorate Appraisement-East, Appraisement-West and Port Muhammad Bin Qasim have sent a compiled copy of “Customs Clearance...

Scrape consignments put on hold by AIB for examination

KARACHI: The authorities concerned of Appraising Intelligence Branch (AIB) have put a hold on scrape consignments at Karachi International Containers Terminal...

FBR decides to freeze bank accounts of tax defaulters, enterprises

KARACHI: The Federal Board of Revenue is taking strict measure against tax defaulters as the current fiscal year is going...

Karachi Tax Bar to send proposals for budget

KARACHI: Karachi Tax Bar Association General Secretary Mohammad Aleem has said that as Budget 2015-16 is going to be announced soon,...

Govt considering to enhance excise duty on tobacco

KARACHI: The government is seriously considering to increase excise duty on tobacco products, and this step will increase the prices of...

Customs intelligence recovers charas, opium worth Rs 33 million

KARACHI: The Customs Directorate General of Intelligence and Investigation Karachi region recovered a large quantity of charas and opium concealed...

Karachi Customs to hear PTCL tax evasion case today

KARACHI: The Collectorate of Customs Adjudication-I has re-fixed the date of hearing into the tax evasion case linked with M/s...

Increase in token tax, registration fee for vehicles, motorcycles on the card

KARACHI: The government is seriously considering a proposal to enhance token tax for vehicles during coming fiscal year. Syed Zahid...

Customs Intelligence summons three senior executives of Bol

KARACHI: After actions against Axact, now is the turn of Bol Broadcasting and Media Production to face the music as...

DG Customs Valuation rejects VR No.458/2012 through its Order in Revision No.110/2015

KARACHI: The Director General of the Directorate General Customs Valuation Samaira Nazir Khan has rejected a review petition through Order...

ADC Azhar Hussain Merchant listens to problems of customs agents at KICT

KARACHI: Additional Collector-ADC IV of Model Customs Collectorate-MCC Appraisement-West Azhar Hussain Merchant on Wednesday held meeting with a delegation of...

Govt considering increasing duty on cooking oil, sugar

KARACHI: According to sources of the Federal Board of Revenue, the government is considering increasing duty on consumable items such...

Issuance of Form-E: Customs, SBP agree to work jointly for bringing transparency

KARACHI: The Pakistan Customs, State Bank of Pakistan (SBP) and commercial banks have agreed on work together for bringing transparency...

Adjudication-I nominates three staff members for training

KARACHI: Headquarters Deputy Collector Amanullah Soomro of the Collectorate of Customs Adjudication-I has nominates one official, a steno typist and...

Axact CEO Shoaib, four others sent on physical remand

KARACHI: The prime accused in the much publicised fake degree scam, Axact Chief Executive Officer (CEO) Shoaib Shaikh along with...

Swiss envoy prods Pakistani entrepreneurs to multiply exports to his country

KARACHI: Pakistani entrepreneurs should diversify their business by visiting foreign countries in order to open new avenues for their products. This...

FBR suspends DTRE facility of M/s Axact; orders to scrutinise post clearance data