ISLAMABAD: Federal Board of Revenue (FBR) has exempted the additional customs duty leviable as surcharge as is in excess of 0.25 percent of the value on the imported goods warehoused under the Safe Transportation Scheme in terms of Customs General Order (CGO) 12 of 2002.
To exempt the additional customs duty the FBR issued SRO 580(I)/2017 on Monday. The CGO provides safe transportation of liquid bulk cargo from private/public bonded warehouses to inland customs bonded warehouses.
WASHINGTON: The International Monetary Fund’s (IMF) chief, Kristalina Georgieva, has credited Pakistan’s strong implementation of its IMF programme for maintaining...
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered immediate legal action against individuals involved in large-scale over-invoicing, directing authorities to tighten...
ISLAMABAD: The Federal Board of Revenue (FBR) has issued revised guidelines to streamline tax collection for builders and developers, addressing...
ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb has said that Islamabad is “very focused” on enhancing its trade and investment relations...
