Karachi

KARACHI: The Directorate General of Customs Valuation has determined the values of Phenyl Ethyl Methyl Ether vide Valuation Ruling No....

Used photocopiers machine to be assessed at $1.3/kg customs value

KARACHI: The Directorate General of Customs Valuation has determined the customs values of used photocopiers machine/MFP/A3 (HS Code No.8443.3100 &8443.3910)...

Customs value of tooth brushes revised

KARACHI: The Directorate General of Customs Valuation has determined afresh the values of tooth brushes vide Valuation Ruling No. 736/2015....

Business community hails SBP for cut in markup rate

KARACHI: The Chief Executive Officer (CEO) of Trade Development Authority of Pakistan (TDAP) and patron-in-chief of Korangi Association of Trade...

FBR to take action against corrupt officials

KARACHI: The Federal Board of Revenue (FBR) has started its operation against corrupt officials. According to well-informed sources of Regional...

Karachi: Customs re-determines values of capacitors

KARACHI: The Directorate General of Customs Valuation has re-determined the values of capacitor (HS Code No.8532) through Valuation Ruling No....

Karachi Excise still unable to issue new tokens for vehicles

KARACHI: The Department of Excise and Taxation, Government of Sindh, is still unable to launch new tokens for vehicles. Customers...

Samsung head visits JPMC to examine donated equipments

byCT Report

KARACHI: The Managing Director of Samsung Pakistan J.H. Lee visited the Jinnah Postgraduate Medical Center (JPMC) in Karachi, recently, to observe...

AIB/R&D uncovers Rs8.9m tax evasion by Adamjee Ltd

KARACHI: The Appraising Intelligence Branch (AIB/R&D) has detected a massive tax evasion (under-invoicing) case amounting to Rs8.9million against the importer...

FBR accuses Bol of importing machinery, equipment illegally, issues notice

byCustoms Today Report

KARACHI: Federal Board of Revenue’s (FBR) Directorate of Intelligence and Investigation (I&I) has issued a notice to Axact’s TV channel...

Appraisement-West to achieve revenue targets by end of current FY 2014-15: ADC Nayyar Shafique

KARACHI: The Additional Collector-ADC Nayyar Shafique has claimed that the Model Customs Collectorate-MCC Appraisement -West will achieve revenue targets by...

Two more arrested in NATO/ISAF cargo pilferage scam

KARACHI: The Directorate of Afghan Transit Trade (ATT) has made a couple of more arrests in the much publicised case...

Collector Huda briefs Member Nisar on cell phones’ seizure

KARACHI: Collector, Model Customs Collectorate Preventive, Syed Muhammad Tariq Huda briefed Member Customs Nisar Muhammad Khan on seizure of 51...

Proposal to block passports, CNICs of tax defaulters on the cards

KARACHI: The Federal Board of Revenue FBR is introducing a new law in upcoming budget according to which passports and...

FBR to send notices to 100,000 tax defaulters in first week of June

KARACHI: The Federal Board of Revenue (FBR) is taking strict measures to achieve the target of extra Rs 10 billion...

Govt considering imposing fixed tax on shopkeepers, wholesale dealers

25/05/2015

KARACHI: The Federal Board of Revenue (FBR) is considering imposing fixed tax on shopkeepers and wholesale dealers instead of turnover...

Suspected drivers involved in pilferage of US army cargo granted five-day remand