The Federal Board of Revenue (FBR) has clarified the legal framework governing the drawback mechanism on exported goods under Sections 35 to 41 of the Customs Act, 1969, as updated for tax year 2026.
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Stay updated on taxation news, tax laws, FBR policies, compliance, audits, income tax, sales tax, and fiscal developments in Pakistan.
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FBR abolishes role of local agents in valuation of imported vehicles
Islamabad, January 26, 2026 — In a significant policy move aimed at facilitating vehicle importers, the Federal Board of Revenue (FBR) has officially ended the role of authorized local agents in the valuation of imported vehicles, especially luxury cars originating from Europe.
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Withholding tax collection from retailers jumps 37% in 1HFY26: FBR
Islamabad, January 27, 2026 — The Federal Board of Revenue (FBR) has reported a sharp 37 percent increase in withholding income tax collection from retailers during the first half of the ongoing fiscal year 2025-26 (July–December), compared to the same period last year.
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LTO Karachi launches sweeping tax crackdown on banks and financial institutions
Karachi, January 26, 2026 – In a bold move signaling zero tolerance for tax evasion, the Large Taxpayers Office (LTO) Karachi has empowered its officials to spearhead an aggressive tax enforcement drive targeting banks and financial institutions.
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FBR restricts customs officials from using social media without approval
Islamabad, January 26, 2026 — The Federal Board of Revenue (FBR) on Monday issued strict instructions barring Customs officers and officials from using social media platforms without obtaining prior approval from the competent authority.
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Time Limit for Claiming Refund of Customs Duties: FBR Explains (2026)
Importers often discover—sometimes months later—that customs duties or charges were overpaid due to error, miscalculation, or misinterpretation. However, Pakistan’s customs law places a strict time restriction on refund claims.
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What Constitutes Fiscal Fraud Under Pakistan Customs Laws? (2026 Explained)
Fiscal fraud is considered one of the most serious offences under Pakistan Customs laws. To safeguard government revenue and ensure transparency in cross-border trade, Section 32A of the Customs Act, 1969 (updated for tax year 2026) defines specific actions that amount to customs-related fiscal fraud and prescribes strict enforcement measures.
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How Pakistan Customs Deals With False Statements (2026 Guide)
False declarations during import or export clearance are treated seriously under Pakistan’s customs laws. In 2026, Section 32 of the Customs Act, 1969 clearly outlines how Pakistan Customs detects, investigates, and recovers losses arising from false statements, errors, or misdeclarations—including those submitted through electronic systems.
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Export of services boosts FBR tax collection by 22% in 1HFY26
Islamabad, January 26, 2026 — Pakistan’s export of services has delivered a strong boost to national revenues, helping the Federal Board of Revenue (FBR) record a 22 percent increase in tax collection during the first half of fiscal year 2025–26 (July–December) compared to the same period last year.
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Quetta Customs seizes NCP vehicles and contraband worth Rs235 million
Quetta, January 25, 2026 – In a major crackdown on smuggling and illegal trade, the Collectorate of Customs Enforcement Quetta has seized Non-Customs Paid (NCP) vehicles and various contraband items valued at approximately Rs. 235 million.
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