Directorate General of Reforms, Automation-Customs reorganized ISLAMABAD: The Federal Board of Revenue (FBR) has revised functional jurisdiction of the officials of the ... Published 23 Aug, 2023 05:50am
Print Paper importers level allegations against shipping cos, Customs KARACHI: Shipping companies are cruelly on a looting spree and the Model Customs Collectorate (Preventive), the... Updated 23 Aug, 2023 09:45am
Business & Finance Customs authorities accused of detaining vehicles purchased after due verification LAHORE: Customs authorities are accused of detaining and seizing lawful vehicles duly purchased after... Published 19 Aug, 2023 06:36am
Business & Finance FBR suffered no loss on account of ‘unlawful clearance’ of goods during import ban? ISLAMABAD: The Federal Board of Revenue (FBR) has suffered no revenue loss on account of alleged unlawful clearance... Published 10 Aug, 2023 06:35am
Pakistan Customs accused of confiscating goods without conducting proper lab test LAHORE: Officials at the Customs department are allegedly confiscating residue solvent goods without conducting a... Published 09 Aug, 2023 05:33am
Print Ampoule manufacturing: Glass tubing subjected to 20pc customs duty: FBR ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the glass... Updated 09 Aug, 2023 08:41am
Business & Finance OC Hybrid procedure causing difficulties for KEPZ industries KARACHI: Karachi Export Processing Zone (KEPZ) industries are facing severe difficulties following the ... Published 07 Aug, 2023 06:34am
Print Valuation, assessment: FTO directs DGCV to accurately classify imported cellphones ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Directorate General Customs Valuation (DGCV) Karachi to... Updated 04 Aug, 2023 08:48am
Print New Tracking, Monitoring of Cargo Rules notified: Rs175m annual turnover a must to obtain licence: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has allowed companies having a minimum annual turnover of Rs175... Updated 03 Aug, 2023 09:53am
Print Order issued against authorities: Closure of One Customs clearance system hitting businesses: FTO ISLAMABAD: The Federal Board of Revenue (FBR) has completely shut down the One Customs clearance system since April... Updated 02 Aug, 2023 09:59am
Editorials Rise in clearance of imports, exports EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased... Updated 22 Jul, 2023 06:40am
Business & Finance Customs value on wooden splint export fixed ISLAMABAD: The Directorate General of Customs Valuation has fixed customs value on the export of “Wooden Splint”... Published 20 Jul, 2023 03:12am
Print FBR issues new indemnity bond for EFS users ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new “indemnity bond” for exporters, who intended to sale... Updated 18 Jul, 2023 09:41am
Print Suspected smugglers: Extensive powers granted to PCG, PMSA ISLAMABAD: The Federal Board of Revenue (FBR) has given extensive powers to the Pakistan Coast Guards (PCG) and... Updated 12 Jul, 2023 08:52am
Print Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of... Updated 11 Jul, 2023 09:00am
Print Declaration of assets & liabilities: FBR sets deadline ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of July 15, 2023 to all the officers of Inland... Updated 11 Jul, 2023 08:54am
Print Pharmaceutical sector granted major tax relief ISLAMABAD: The government has provided major tax relief to the pharmaceutical sector by allowing the reduced rate of... Updated 10 Jul, 2023 08:51am
Print Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on... Updated 10 Jul, 2023 08:58am
Business & Finance Fraudulent clearances of imported goods: FBR urged to include representatives of SBP, Directorate of Customs Intelligence in body ISLAMABAD: The Directorate of Customs Reform and Automation has requested the Federal Board of Revenue (FBR) to... Published 07 Jul, 2023 05:24am
Print Rate of advance income tax for commercial importers hiked KARACHI: The government has increased the rate of advance income tax for commercial importers from 5.5% to 6%.... Updated 05 Jul, 2023 08:55am
Business & Finance From one customs field formation to another: FBR empowered to transfer investigations of criminal cases ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to immediately transfer the investigation of... Published 04 Jul, 2023 05:07am
Print Foreign supplier’s account thru customs bonded storage facilities: Import policy guidelines approved by ECC ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved policy guidelines for the... Updated 28 Jun, 2023 09:03am
Business & Finance FCAA concerned at shifting of Afghan transit goods to WeBOC PESHAWAR: Frontier Custom Agents Association (FCAA) has expressed its grave concern over decision of Customs... Published 26 Jun, 2023 06:38am
Business & Finance Import of goods: Customs accused of violating SBP provisions LAHORE: Customs authorities are allegedly violating the legal provisions made by the State Bank of Pakistan for... Published 23 Jun, 2023 06:00am
Business & Finance Illegal auction for imported goods: FBR directed to initiate disciplinary proceedings ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate disciplinary... Published 23 Jun, 2023 06:00am
Pakistan Customs seizes Rs303m smuggled cigarettes KARACHI: Customs Intelligence has seized smuggled cigarettes worth Rs303 million during a ten-day nationwide... Published 20 Jun, 2023 03:16am
Pakistan Customs seizes smuggled cigarettes worth Rs303m KARACHI: Customs Intelligence on Friday claimed to have seized smuggled cigarettes worth Rs. 303 million during a... Published 17 Jun, 2023 06:13am
Pakistan Customs authorities imposing penalties without parameters LAHORE: Customs authorities are accused of imposing duties and penalties on the basis of invoices retrieved from... Published 17 Jun, 2023 06:13am
Print Bonus share, super tax: Senate panel rejects all sections of Finance Bill All deferred items of Customs Act were accepted after due deliberation Updated 17 Jun, 2023 12:37pm
Business & Finance NA told: Tobacco sector tax evasion touches Rs240bn mark ISLAMABAD: The parliamentarians were informed during the National Assembly session that the tax evasion in the... Published 16 Jun, 2023 06:27am