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Saudi Customs confirms Levies SR 27.9b fiscal year 2014
RIYADH:The Saudi Customs confirmed it levied in the last fiscal year 2014 an amount of SR (27.9) billion of which...
China’s e-book revenues hit 4.5b yuan in 2014
BEIJING: China's e-book revenues have grown from 150 million yuan ($24.5 million) in 2006 to 4.5 billion yuan in 2014,...
China’s fiscal revenue jumps13.9% to $251.39b in June
BEIJING: China's fiscal revenue rose 13.9 percent year on year to 1.53 trillion yuan ($251.39 billion) in June, the Ministry...
China, World Bank ink agreement to set up $50m fund to reduce poverty
BEIJING: China and the World Bank signed an agreement here the other day to set up a $50 million fund...
Adjudication proceedings a must in mis-declaration cases: Manzoor Memon
Nine cases of mis-declaration of PCT detected in which importers tried to evade duty/tax amounting to Rs 26.18 million KARACHI:...
Hyderabad ASO confiscates 600 crates of smuggled Iranian juice
HYDERABAD: The Pakistan Customs’ Anti-Smuggling Organisation (ASO) in Hyderabad seized 600 crates of Iranian juice worth Rs 912,000 involving duty...
China Railway issues $10.6 billion trains tender
BEIJING: State-owned China Railway Investment Corp has opened tenders for 351 bullet trains, which it claims is the largest train...
Hyderabad Customs’ FIU seizes smuggled items worth Rs 19.5 million in Q4 of FY 2014-15
HYDERABAD: The Customs Investigation and Intelligence’s Field Investigation Unit (FIU) has impounded non-duty paid vehicles and a diesel oil tanker,...
SBP to announce Monetary Policy on 25th
LAHORE: The State Bank of Pakistan (SBP) will announce Monetary Policy Decision on July 25. SBP Governor Ashraf Mahmood Wathra...
Pak Agro Oil Mills evades Rs 1.97m sales tax on silos’ import
KARACHI: The Customs’ Directorate of Post Clearance Audit (PCA) has detected sales tax evasion of Rs 1.97 million on import...
Main accused in 15 kg gold, Rs 33m smuggling case released
LAHORE: Main accused in 15 kg gold and Rs 33 million smuggling case has been released because the accused has...
China ODI grows 29.2% to $56b in H1
BEIJING: China's outbound direct investment (ODI) increased sharply in the first half of 2015, thanks to less government restrictions, an...
Silos import: JSK Feeds evades sales tax worth Rs 5.83 million
KARACHI: The Customs’ Directorate of Post Clearance Audit (PCA) has detected sales tax evasion of Rs 5.83 million on import of...
Yousfani says WeBOC App for iPhones to be fully operational soon
KARACHI: Directorate of Reforms and Automation Director Majid Yousfani has said that the Web-Based One Customs (WeBOC) application for iPhones...
PCA detects tax evasion of Rs 20m by Jadeed Feeds Industries
KARACHI: The Pakistan Customs Directorate of Post Clearance Audit (PCA) has detected evasion of sales tax to the tune of...
Tax evasion: Customs Adjudication issues ONO against Reliance Weaving Mills
MULTAN: Collector Customs Adjudication has issued Order in Original against Reliance Weaving Mills (Pvt.) Limited in the tax evasion of...
Sahiwal Coal Power plant challenged in Supreme Court
LAHORE: Barrister Zafarullah has challenged the construction of a coal power plant in Supreme Court Lahore registry, sources told Customs...
SC to hear 150 mega corruption cases today
ISLAMABAD: The Supreme Court of Pakistan will heard 150 mega corruption scandals today (July 23) which have been referred by...
Customs Rawalpindi seizes goods worth Rs 1.11 million
ISLAMABAD: Directorate General Customs Intelligence and Investigation Rawalpindi has seized smuggled goods worth Rs 1.11 million having duty and taxes...
ASO Faisalabad seizes Mazda mini truck
FAISALABAD: Anti Smuggling Organization ( ASO) Faisalabad seizes foreign origin Mazda mini truck bearing registration number LPT-7396, chassis No. AK-302379...
