ISLAMABAD: In a decisive move to overhaul Pakistan’s maritime industry, Prime Minister Shahbaz Sharif has endorsed a series of sweeping reforms as proposed by the Task Force on Revamping of Pakistan’s ...

KARACHI: The Customs Enforcement authority has formally notified new Standard Operating Procedures (SOPs) for escorting Transit (AT) and Transhipment (TP) cargo. The detailed SOPs, including specified ...

KARACHI: In an effort to enhance the efficiency and security of bonded cargo movement, the Directorate of Transit (HQ) in Karachi has introduced new Standard Operating Procedures (SOPs) for the ...

KARACHI: The MCC Appraisement West has filed an FIR against M/s M.A.C. Steel Corporation and M/s Pakistan Steel Import Company for the illegal removal of goods from a Customs bonded warehouse without ...

Karachi: In a major crackdown on import fraud, Customs Appraisement West has filed a First Information Report (FIR) against M/s Cosmix Engineering and M/s Elegant Enterprises for allegedly grossly mis ...

KARACHI: The Customs Officers can exercise power under section 80 (3) of Customs Act 1969 only during checking of GD and not beyond once goods are out of charge or cleared. Any re-assessment in ...

KARACHI: In a recent notification, Chief Collector Appraisement South, Jameel Nasir, announced that Appraising Officers at the Faceless Customs Assessment (FCA) will now work in two shifts. This ...

KARACHI: In a groundbreaking revelation, the Post Clearance Audit (PCA) South has uncovered a massive fiscal fraud amounting to Rs. 2.4 billion, allegedly orchestrated by M/s Qazi Sanjrani Enterprises ...

KARACHI: FBR has notified transfers and postings of BS-16 officers from various collectorates to Customs Appraisement, South Asia Pakistan Terminal (SAPT), Custom House, Karachi. Among those affected ...

KARACHI: Federal Board of Revenue (FBR) has announced a new distribution of responsibilities among officers in the Customs Operations Wing, Islamabad. This reorganization is effective immediately and ...

KARACHI: The faceless assessment system, designed to streamline customs procedures, is facing criticism for being artificially successful. The system has turned the yellow channel into the green ...

KARACHI: The President Anwar Kashif Mumtaz and General Secretary Mohammad Rehan Siddiqui of Pakistan Tax Bar Association (PTBA) in a joint letter has sought information regarding impact of recent ...