Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Customs and Excise Bill passes First Reading

byCT Report
07/12/2016
in Latest News, New Zealand
Share on FacebookShare on Twitter

WELLINGTON: Customs Minister Nicky Wagner has welcomed the First Reading of the Customs and Excise Bill in Parliament today.

“This is a Bill that is better for businesses. Not only will it be easier to use and understand, it makes businesses’ obligations clearer and provides more flexibility in meeting them,” Ms Wagner says.

You might also like

FBR declares ICTPL Karachi as new off-dock customs terminal

05/06/2026

FBR clears Lahore Customs inspector in corruption case

05/06/2026

“It will replace the out-dated 1996 Customs and Excise Act that is unable to respond to a changing border environment.”

“The Bill enables better risk assessment and management, more effective cross-agency collaboration and flexible responses to future trends,” Ms Wagner says.

“Border security will be balanced with individuals’ privacy by placing restrictions on Customs’ powers to examine electronic devices, and safeguards in information sharing arrangements that protect personal and commercially sensitive information.”

“Advance rulings, a new regime for provisional values, and the ability to appeal duty assessments direct to Customs will give importers greater certainty.

“New Zealanders will have greater assurance that border risk and non-compliance will be identified and dealt with,” Ms Wagner says. The Bill has been referred to the Foreign Affairs, Defence and Trade Select Committee.

 

 

Related Stories

FBR declares ICTPL Karachi as new off-dock customs terminal

byCT Report
05/06/2026

KARACHI: The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an...

FBR clears Lahore Customs inspector in corruption case

byCT Report
05/06/2026

LAHORE: The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary...

KPRA team visits businesses to facilitate clearance of outstanding tax

byCT Report
05/06/2026

PESHAWAR: A team of Khyber Pakhtunkhwa Revenue Authority (KPRA) led by Additional Collector KPRA Miss Wazir and Assistant Collector Mardan-Malakand...

Pakistan’s total liquid foreign reserves stand $22.64b

byCT Report
05/06/2026

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves...

Next Post

Hong Kong faces housing risks as fed tightening looms: IMF

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.