Trends - Customs Act - Business Recorder

Customs Act

Customs foils bid to smuggle paper needed for cigarette-making

ISLAMABAD: The Collectorate of Customs (Enforcement) Karachi has unearthed a new fraudulent technique used by...

Updated 28 Oct, 2022 07:39am

Business & Finance

KCCA urges FBR to amend Customs Act, PSW system

KARACHI: Karachi Customs Agents Association (KCAA) has requested the Federal Board of Revenue (FBR) to make ...

Published 19 Aug, 2022 05:57am

GST exemption to pharma industry costs FBR over Rs101bn

ISLAMABAD: The Federal Board of Revenue (FBR) has calculated a revenue loss of over Rs101 billion on account of...

Updated 09 Jul, 2022 09:30am

Pakistan

Senate body adopts 27 recommendations on Finance Bill

National Assembly to decide whether or not these recommendations are to be incorporated into the Money Bill

Published 23 Jun, 2022 07:17pm

Business & Finance

FBR urged to defer effective date of SRO 567(1)/2022 until July 1

KARACHI: Karachi Customs Agents Association (KCAA) has requested the Federal Board of Revenue (FBR) to defer the...

Published 17 May, 2022 05:39am

Business & Finance

5th Schedule of Customs Act 1969: FPCCI urges FBR to introduce amendments

ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has recommended the Federal Board of...

Published 13 May, 2022 05:59am

Customs values of alloy wheel rims enhanced

ISLAMABAD: The Directorate General of Customs Valuation, Karachi has increased custom values on the import of 50...

Updated 27 Feb, 2022 11:07am

Pakistan

Traders oppose removal of Section 25-A from Customs Act

PESHAWAR: Local traders have opposed the recent amendment in the Custom Act to delete Section 25-A, restoring powers...

Published 20 Dec, 2021 06:29am

Pakistan

Customs official says properties of smugglers being assessed

LAHORE: Collector Customs Enforcement Lahore, Basit Maqsood Abbasi has said that the clauses of anti-money ...

Updated 03 Oct, 2021 07:24pm

Business & Finance

An Ordinance

Annex - IV further to amend certain tax laws WHEREAS, it is expedient further to amend certain tax laws for the...

Published 20 Sep, 2021 05:23am

Some specific companies: Rs1.6bn penal surcharge waived

ISLAMABAD: The Federal Government has waived off Rs 1.6 billion penal surcharge to some specific companies on the...

Updated 20 Sep, 2021 09:41am

Pakistan

Sec 45(2) of Customs Act: Amendment to IGM under WeBOC couldn't be carried out: SHC

KARACHI: Sindh High Court (SHC) has declared that amendment to Import General Manifest (IGM) under WeBOC system in...

Published 18 Sep, 2021 04:02am

Overstayed goods: Waiver of penal surcharge not likely

ISLAMABAD: Finance Minister Shaukat Tarin has reportedly "blocked" a proposal of Federal Board of Revenue (FBR)...

Published 31 Aug, 2021 03:43am

Non-commercial cargo

Bonded carriers to submit exemption certificate of Afghanistan with GD: FBR ISLAMABAD: The Federal Board of Revenue...

Published 12 Aug, 2021 03:15am

Business

Sale of non-duty paid, smuggled cars: FBR launching crackdown on showrooms, warehouses

ISLAMABAD: Without disclosing any possibility of a new amnesty scheme to legalise smuggled cars, the Federal Board ...

Published 16 Jul, 2021 04:34am

Shipping lines can re-export banned items

ISLAMABAD: To clear large consignments of banned items from ports, the Federal Board of Revenue (FBR) has empowered...

Published 07 Jul, 2021 04:28am

International borders: FBR extends anti-smuggling powers to FC

ISLAMABAD: The Federal Board of Revenue (FBR) has extended anti-smuggling powers to the officers of the Frontier...

Published 01 Jul, 2021 04:09am

Opinion

Pakistan

Customs seal 973 illegal petrol pumps across country

ISLAMABAD: The ongoing anti-smuggling operation against the illegal petroleum products outlets has resulted in...

Published 17 Jan, 2021 04:13am

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 7 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 7 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 7 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 7 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 7 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 7 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 7 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 7 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 7 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 7 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 7 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 7 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 7 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 7 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 7 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 6	132.75
USD to Swiss Franc / Feb 6	0.93
Pound Sterling to USD / Feb 6	1.20
Euro to USD / Feb 6	1.07
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 6	4102.30
India Sensex / Feb 6	60506.90
Tokyo Nikkei / Feb 6	27693.65
Nasdaq / Feb 6	11876.41
Hang Seng / Feb 6	21349.17
FTSE 100 / Feb 6	7811.64
Dow Jones / Feb 6	33736.77
Germany DAX 30 / Feb 6	15308.79
France CAC40 / Feb 6	7110.62

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	72.87
Gold Spot USD/Ounce / Feb 6	1868.15
Cotton US¢/pound / Feb 6	84.80

Customs Act

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