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News updates 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
China imports softwood logs, lumber worth at $500m in August 2015
BEIJING: China imported softwood logs and lumber valued at just over 500 million dollars during the month of August this...
Bangladesh, Nepal halts bilateral trade due to Indian embargo
DHAKA: Nepal-Bangladesh bilateral trade has been halted for the past two weeks due to the undeclared Indian trade embargo on...
Russian crude exports climb 7% to 179.356mt YOY in 2015
MOSCOW: In January-September 2015, exports of crude oil from the Russian Federation climbed by 7% (11,663,100 t), year-on-year, to 179,356,200...
Sweden likely to expand trade relations with Bangladesh
DHAKA: Sweden would like to expand trade relations with Bangladesh for the benefit of the people of both nations, Johan...
Iranian exports 25,200 tons pistachio in H1 of 2015
TEHRAN: Iran’s pistachio exports tripled in the first half of the current Iranian calendar year, which began on March 21....
DG Customs Valuation determines values of cotton fabric
KARACHI: The Directorate General of Customs Valuation under the supervision of DG Samaira Nazir has determined the customs values of...
Tariq Bajwa informs PAC about FBR’s initiatives for tax collection
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa said FBR has 700 legal advisers (advocates) while the success rate...
Collector Appeals Asif Jah issues first ONO in Urdu
MULTAN: The Collectorate of Customs Appeal has issued the first Order -in-Original in Urdu language after implementation of Urdu in...
SHC seeks comments from Customs on Telenor’s plea for release of consignment
KARACHI: The Sindh High Court (SHC) has sought comments from Pakistan Customs on a petition by Telenor Pakistan (Pvt) Limited, seeking...
Customs Intelligence foils bid to smuggle auto parts worth Rs 10.25m
LAHORE: Customs Intelligence and Investigation Directorate impounded smuggled tyres and auto parts worth Rs 10.25 million, official sources told Customs...
Faisalabad Customs Intelligence seizes items worth Rs 25m in September
FAISALABAD: The Customs Investigation and Intelligence Faisalabad and its Field Investigation Unity (FIU) Khushab has collectively confiscated smuggled items, including...
Customs issues demand notice of Rs 6.767m to Farooq Textile
KARACHI: Model Customs Collectorate (MCC) Appraisement East has issued a demand notice to Farooq Textile to pay remaining duty and taxes...
RTO-II appoints receiver in Vita Pakistan case
LAHORE: The Federal Board of Revenue (FBR), Regional Tax Office (RTO-II) has appointed advocate Lal Badshah as receiver for getting...
Hyderabad Customs Intelligence seizes smuggled items worth Rs 6.6m in September
HYDERABAD: The Customs Investigation and Intelligence Hyderabad has confiscated foreign origin contraband items worth Rs 6.6 million during September 2015...
ASO confiscates smuggled Iranian oil worth Rs 1.3m
KARACHI: The Anti-Smuggling Organization (ASO) of the Model Customs Preventive Collectorate (MCC) has confiscated smuggled Iranian diesel and petrol during...
FBR withdraws bar code condition at recovery notices
ISLAMABAD: The Federal Board of Revenue (FBR) has finished the condition of printing bar-code on recovery notices sent to banks. According...
Hudaibia Trading asked to pay Rs 1.15m as evaded taxes on import
KARACHI: Collector of Customs Adjudication-I Dr Wasif Memon has issued Order-in-Original (ONO) against M/s Hudaibia Trading for evasion of duties...
Hyderabad ASO impounds Toyota Land Cruiser worth Rs 1.5 million
HYDERABAD: The Customs Anti-Smuggling Organization (ASO) Hyderabad has seized a non-duty paid Toyota Land Cruiser V8 worth Rs 1.5 million....
Faisalabad Customs Intelligence seizes alloy rims, socks and truck worth Rs 3.4m
FAISALABAD: The Customs Investigation and Intelligence Faisalabad has seized imported alloy rims and socks worth Rs 1.4 million, besides impounding a...
Directorate ATT discusses issue of mis-declaration with Afghanistan
KARACHI: The Directorate of Afghan Transit Trade (ATT) has discussed the matter of illegal imported items with the Afghanistan government....
