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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
CA deficit rises to $2.16b
KARACHI: Current account deficit in the first 10 months - July-April - of the current fiscal year rose to $2.162...
Pak Customs saves national heritage, 2210 ancient coins seized
ISLAMABAD: Pakistan Customs has confiscated over two thousand ancient coins belonging to middle ages and before from a passenger attempting...
Software on importation of potatoes working in One-Customs
KARACHI: Directorate of Reforms and Automation has formulated software in order to monitor the importation of allocated quota of potatoes...
Fate of sealed petrol pumps: Customs faces hindrance in proceedings
KARACHI: The cold response by most of the Oil Marketing Companies in order to verify the legal status of around...
FTA/PTA certificates mandatory for claiming exemption from customs duty
KARACHI: The Collector of Model Customs Collectorate of Appraisement-East, Najeebur Rehman Abbasi has made it mandatory for all importers and...
Customs judge cancels interim bail of two
LAHORE: Special Judge Customs Tanveer Akbar has cancelled bail of two accused of customs duty evasion in betel leaves scandal...
Pakistan customs impounds Rs22.534b smuggled goods in 5 years
LAHORE: Strict surveillance and control has resulted in seizure of smuggled items worth Rs 22.534 billion in Pakistan during the...
FTO takes notice: DGs of Customs, IR to probe misuse of vehicles
ISLAMABAD: Federal Tax Ombudsman (FTO) Abdur Rauf Chaudhry while taking exception to the misuse of confiscated vehicles, directed the Directorate...
Govt feats enumerated: Dar highlights glimpses of next annual budget
ISLAMABAD: Finance Minister Senator Ishaq Dar said that the government will announce the annual budget 2014-15 on June 3 in...
Exporters eye $65m from mango exports
KARACHI: All Pakistan Fruits and Vegetables Exporters, Importers and Merchants Association (APFVEIMA) has fixed mango export target at 175,000 tonnes...
Duties on imported vehicles likely to go up in budget
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to increase duties on imported vehicles in the budget 2014-2015, which...
Huge revenue loss due to non-audit of DTRE by MCC Exports
KARACHI: Federal Board of Revenue is facing huge loss due to non-audit of Duty Taxes Remission on Exports (DTRE) by...
Chambers seek clearance of ST refunds, Customs rebate claims of SMEs
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Abdullah Zaki has informed that Federal Finance Minister Ishaq...
Rs450m vehicle amnesty scam: Entire customs staff may face inquiry
KARACHI: The 3-member fact-finding committee comprising MCC Exports Collector Dr Wasif Memon, Directorate of Intelligence and Investigation-Customs Karachi Additional Director...
LCCI rejects FBR proposal to impose 1pc Special Excise Duty on import
LAHORE: The Lahore Chamber of Commerce and Industry on Tuesday took a strong exception to the Federal Board of Revenue...
FBR holds taxpayers facilitation workshop in Bahawalpur
BAHAWALPUR: Facilitation and Taxpayer Education Wing of FBR held a workshop on e-portal services and role & responsibilities of withholding...
Anti-smuggling wing seizes bus abound with 36000 non-duty paid irons
LAHORE: Customs anti-smuggling unit has confiscated a bus full of smuggled goods and articles at a bus stand. 36,000 non-duty...
Customs should utilize modern technology for valuation of goods: FPCCI
KARACHI: The unfair valuation of the goods at import stage is causing loss to the exchequer. The Customs authorities apply...
Smuggling attempt: German customs recovers 90 animals from suitcase
FRANKFURT: Customs officials at Frankfurt Airport have discovered 90 exotic animals in a suitcase, including 55 tortoises, 30 lizards and an iguana....
25-30pc shortfall: Unfair valuation guidelines inflict huge revenue loss
KARACHI: Customs Collectorates in Karachi have recorded a steep shortfall of 25-30 percent in revenue collection in the month of...
