April 23, 2024

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Pakistan Revenue

Day: July 6, 2019

FBR allows reduced duty rates for import of certain CBU vehicles
Jul 6
2019-2020, Automotive, Budget, Pakistan Customs, Taxation

FBR allows reduced duty rates for import of certain CBU vehicles

KARACHI: Federal Board of Revenue (FBR) has allowed reduced rate of customs duty on import of certain automotive vehicles in Completely Built Units (CBUs) under Automotive Development Policy 2016-2020. Following are the automotive vehicles, which are granted reduced customs duty rates on import: 1. Agricultural Tractors, having an engine capacity exceeding 26 kW but not […]

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Aviation industry allowed duty free import of aircraft, spare parts
Jul 6
2019-2020, Budget, Pakistan Customs

Aviation industry allowed duty free import of aircraft, spare parts

KARACHI: Federal Board of Revenue (FBR) has allowed duty free import of aviation related goods including aircraft and spare parts under National Aviation Policy 2015. According to Finance Act, 2019 following goods related to aviation have been allowed duty free import: 1. Aircraft HS Code 8802.4000 at zero percent customs duty under condition whether imported […]

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FBR transfers 20 sales tax BS-18 auditors
Jul 6
Taxation

FBR transfers 20 sales tax BS-18 auditors

ISLAMABAD: Federal Board of Revenue (FBR) has notified transfers and postings of 20 sales tax auditors (BS-18) with immediate effect and until further orders. Following sales tax auditors of BS-18 have been transferred through a notification issued on Friday: 01. Zulfiqar Ali Khokhar, Assistant Director, (Audit)/BS-18, Corporate Regional Tax Office, Karachi has been transferred and […]

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FBR transfers 317 inspectors, IROs working in Karachi
Jul 6
Taxation

FBR transfers 317 inspectors, IROs working in Karachi

KARACHI: Federal Board of Revenue (FBR) on Friday notified transfers and postings of 317 inspectors and Inland Revenue Officers (IROs) BS-16 working at Karachi offices with immediate effect until further orders. Following are the officials who are transferred and posted through this notification: 1. Shabbir Hussain 2. Syed Nisar Ahmed 3. Muhammad Ali 4. Ashfaq […]

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FBR extends application of locally manufactured goods list up to June 2020 for exemption, concessions
Jul 6
Pakistan Customs, Taxation

FBR extends application of locally manufactured goods list up to June 2020 for exemption, concessions

ISLAMABAD: Federal Board of Revenue (FBR) has extended the application the list of locally manufacturing goods up to June 30, 2020 for the purpose of allowing concession and exemption at customs clearance stage. The FBR issued Customs General Order (CGO) No. 09 dated July 02, 2019 to amend previous CGOs where the list was applicable […]

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