Customs valuation enhanced for garments on EDE data variations

KARACHI: Pakistan Customs has enhanced the imported low-end brand garments from China and other destinations after identifying data variations in Electronic Data Exchange (EDE). The directorate general of customs valuation has issued... Read more »

Duty exempted on import of medical equipments for prevention, treatment of COVID

ISLAMABAD: Federal Board of Revenue (FBR) on Monday exempted customs duty, regulatory duty and additional customs duty on import of medical instruments and equipments for prevention and treatment of COVID pandemic. The... Read more »

Transit trade activity starts at Gwadar Port

ISLAMABAD: A first carrier containing 200 tons of fish from international waters arrived at Gwadar. The fish will be shipped to China in reefer containers, said Federal Board of Revenue (FBR) on... Read more »

Rules drafted to empower customs freeze smuggled assets

ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to empower customs officials to trace and freeze assets acquire by any person through proceeds of smuggling. The FBR on Friday issued SRO... Read more »

FBR invites services for real-time monitoring, tracking of cargo movement

ISLAMABAD: Federal Board of Revenue (FBR) has invited Expression of Interest (EOI) from companies providing real-time support for monitoring and tracking of transit / transshipment of goods. The FBR said that expression... Read more »

Import policy amended to allow radiation apparatus

ISLAMABAD: The ministry of commerce has amended the Import Policy Order 2020 and allowed the import of radiation apparatus with a condition of prior approval of Pakistan Nuclear Regulatory Authority. The ministry... Read more »

FBR constitutes advance ruling committee

ISLAMABAD: Federal Board of Revenue (FBR) has constituted a committee for issuing advance ruling on requests submitted by businesses. Ms. Suraiya Ahmed Butt, Chief Collector of Customs, Appraisement and Facilitation, South, Karachi... Read more »

FBR notifies rules for advance ruling

ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified rules for issuing advance ruling in various types of cases. The FBR issued SRO 1213(I)/2020 dated November 11, 2020 to make amendments in... Read more »

Customs launches pilot project of authorized economic operator

KARACHI: Pakistan Customs has launched a pilot project of Authorized Economic Operator (AEO) to facilitate trade and industry, a statement said on Friday. The program has been chalked out in line with... Read more »

FBR issues criteria for granting Authorized Economic Operator status

ISLAMABAD: Federal Board of Revenue (FBR) has issued eligibility conditions and criteria for grant of Authorized Economic Operator (AEO) status. The FBR issued SRO 1114(I)/2020 to notify rules related to Authorized Economic... Read more »