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Businessmen doing injustice to Multan Dry Port: Rozi Khan Burki
LAHORE: Hundreds of Multan businessmen are clearing their consignments from Lahore and Peshawar dry ports which is a sheer injustice...
PM’s tax incentive scheme expires
ISLAMABAD: The deadline for availing the Prime Minister Tax Incentive Scheme has expired amid failure to attract investors for declaring...
CAA seeks Rs7.99b refund paid as income tax
ISLAMABAD: The Federal Board of Revenue (FBR) has received a request from the Cabinet Secretariat (Aviation Division), seeking refund of...
Rs167b revenue collected in April
ISLAMABAD: Provisional revenue collection figures compiled by the Federal Board of Revenue in the tenth month of the current fiscal...
Customs court cancels bails of six
LAHORE: Special Judge Customs Tanveer Akbar has cancelled bails of six persons accused of evading customs duty up to millions...
Steel re-rolling mill booked for mis-declaration, notice issued
KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has detected a case of mis-declaration against the importer M/s A...
Adjudication Collectorate-I issues ONO in case of smuggled vehicle
KARACHI: Collector of the Customs Collectorate of Adjudication-I, Syed Shahanshah Hasnain through Order-in Original (ONO) No. 553/2013-14 has out rightly...
PTCL, Huawei Tech, clearing agent penalized for mis-declaration
KARACHI: The Collectorate of Customs (Adjudication-I) on Wednesday issued Order-in-Original (ONO) against M/s Pakistan Telecommunication Limited (PTCL), NTN 801599; its...
DI&I seizes consignment of Milestone Textile Ltd for taking undue advantage
KARACHI: Directorate of Intelligence and Investigation, Karachi seized a consignment of polyester knitted stretchable fabric on April 29, 2014 at...
Customs values of AC Synchronous Alternators determined
KARACHI: The Directorate General of Customs Valuation has determined the Customs values of Alternators through Valuation Ruling No.674/2014 under Section...
Freight trains operations capacity crosses 100 a month
ISLAMABAD: Karachi Railway Division operated over 100 freight trains during the month of April, according to sources. At present Pakistan...
Capacity tax on beverages: LHC commission for tax withdrawal to ensure level playing field
LAHORE: The Economic Commission constituted by Lahore High Court (LHC) on beverage industry has referred to the policy note initiated...
FBR detects organised tax fraudsters
FAISALABAD: Federal Board of Revenue has sorted out a group of structured tax fraudsters in the textile sector. Directorate of...
Time extension in ST incentive package sought
KARACHI: The Karachi Tax Bar Association (KTBA) has written to the Sindh Chief Minister seeking time extension in sales tax...
ST on services: SRB sets ambitious Rs100b target for FY 17-18
KARACHI: The Sindh Revenue Board (SRB) has set a collection target of Rs100 billion for sales tax on services for...
Only Rs468m recovered: Poor ST, FED dues recovery draws FBR ire
ISLAMABAD: The slow pace of recovery of sales tax and federal excise duty arrears by about 21 Large Taxpayer Units...
FBR sees adverse implications: Food Ministry proposal for duty-free potatoes import opposed
ISLAMABAD: The proposal for the duty-free import of 200,000 metric tonnes of potatoes to stabilise its prices in the local...
FATE holds WHT agents specific workshop in Faisalabad
FAISALABAD: Federal Board of Revenue has held a workshop at Regional Tax Office (RTO), Faisalabad on e-portal services and role...
ONO issued against SHC order in case of smuggled vehicle
KARACHI: The Office of the Collector of Customs (Adjudication-I) has issued an Order-in-Original (ONO) No. 552/2013-14 against the Sindh High...
Violation of concessionary regime: FBR swings into action against Bahria Icon Tower
KARACHI: The management of Bahria Icon Tower has moved the Sindh High Court (SHC) against the objections leveled by the...
