Uncategorized
Justice Shahid appointed chairman of Appellate Tribunal Inland Revenue
ISLAMABAD: The federal cabinet has approved appointment of Shahid Masood Manzar as Appellate Tribunal Inland Revenue chairman. Prime Minister Shahid...
KSE-100 gains 505 points as oil stocks garner attention
KARACHI: Buoyed by an increase in the price of crude oil, the KSE-100 Index ended 505 points higher to end...
Customs Court seeks comments on bail petition filed by suspect in betel nuts smuggling case
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has issued notices to the Customs Department and special prosecutor for customs...
Customs Court extends pre-arrest bail of suspect in sales tax evasion case
KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has extended pre-arrest bail of suspect, Muhammad Altaf Hussain, owner of M/s...
Quetta Customs impounds 2400kg of betel nuts after crossfire between customs staff & smugglers
QUETTA: The Mobile Squad, Model Customs Collectorate (MCC), Quetta, seized 2,400 kilogram of Indian origin betel nuts after exchange of...
Release of proscribed items by Customs Dept annoys SCCI manufacturers & importers
PESHAWAR: The release of banned goods by the Customs Department not traced on Research and Development (R&D) data has irked...
Customs valuation revises value of household appliances
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has determined the customs values of household appliances vide Valuation Ruling No. 1291/2018....
Customs Valuation determines value of palm acid oil
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has determined the customs values of palm acid oil vide Valuation Ruling No....
Under-invoicing, mis-declaration going unchecked: Khawaja Khawer Rashed
LAHORE: LCCI Senior Vice President Khawaja Khawer Rashed said that smuggling through under-invoicing, undervaluation of goods, misclassifications, mis-declaration and short...
FTO remands back tax refund appeal for hearing
LAHORE: The Federal Tax Ombudsman (FTO) has remanded back a case filed by Rana Muhammad Akhter, a resident of Sargodha,...
Trade Dispute Resolution Act, 2018 to promote global trade with Pakistan
ISLAMABAD: The National Assembly Standing Committee on Commerce and Textile, discussed the draft Trade Dispute Resolution Act, 2018 aimed at...
HTVs & LTVs worth $3.6m abandoned at IDP due to filing of IGM after July 1, 2017
ISLAMABAD: The amount of $3.6million valued front cabin half-cut HTVs and LTVs and cars with or without chassis numbers are...
Chief Collector underscores need of customs automation, computerization, facilitation
ISLAMABAD: Awais Agha, Chief Collector, North Region, highlighted the need to focus on customs automation, computerization, facilitation and infrastructure related...
Islamabad Customs takes smuggled truckload of Indian herbs into possession
ISLAMABAD: The Anti-Smuggling Organization Islamabad impounded 132 bags of Indian Korh and two other kinds of herbs along with an...
FBR still to conclude 11 long unresolved audit cases involving revenue of Rs27.3b
ISLAMABAD: Federal Board of Revenue (FBR) to act in 11 long unresolved audit cases involving revenue loss of Rs27.3 billion...
FBR indirect tax collection up by 20.1pc
LAHORE: The indirect tax collections by the Federal Board of Revenue (FBR) have grown by 20.1 percent during the first...
Customs posts growth of record 29.6pc in six months
LAHORE: The Pakistan Customs has grown by record 29.6 percent during first half of Fiscal Year 2017-18 against 22.6 percent...
Alleged smugglers hurling life threats to Customs Inspector
LAHORE: Customs Inspector Mohammad Yasin has lodged a complaint with Johar Town Police Lahore against one Jamshed Iqbal for hurling...
Customs Appellate Tribunal hears 28 cases on Wednesday
LAHORE: The Customs Appellate Tribunal (single and double) bench heard 28 cases and adjourned all for different dates without those...
Appraisement East starts investigation against smuggled betel nuts at PICT
KARACHI: The Customs Collectorate (MCC) Appraisement East has started investigation against recovery of a huge quantity of smuggled betel nuts...
