FBR allows repayment of customs duty on import of plastic raw material

ISLAMABAD: Federal Board of Revenue (FBR) has allowed repayment of customs duty at Rs5.42 per kilogram on import of raw material for manufacturing of plastic goods meant for export. The FBR on... Read more »

FBR advised to allow examination before filing GDs

KARACHI: Federal Board of Revenue (FBR) has been advised to allow examination/ weighment should be allowed before filing goods declaration (GDs) in order to verify contents of containers. Federation of Pakistan Chambers... Read more »

Time limit for customs valuation issuance should be fixed

KARACHI: Federal Board of Revenue (FBR) has been recommended to fix time limit for issuance of customs valuation. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals for budget... Read more »

Huge lot of Afghan transit vehicles to be auctioned on May 15

KARACHI: A large number of motor vehicles of Afghan Transit Trade has been offered for auction at Port Muhammad Bin Qasim International Terminal Operator (QICT), Karachi. The auction is scheduled for May... Read more »

FBR urged to reduce regulatory duty on lighting fittings

KARACHI: Federal Board of Revenue (FBR) has been urged to reduce regulatory duty on lighting fittings in alignment with LED bulbs and LED tubes. The Overseas Investors Chamber of Commerce and Industry... Read more »

Pakistan Customs cadre strength (BS-17-22) increases to 501

ISLAMABAD: The cadre strength, which includes officers of BS-17 to BS-22, of Pakistan Customs Service (PCS) has increased to 501 by May 06, 2020, according to a notification issued by the Federal... Read more »

FBR allows duty drawback on supplementary food items

ISLAMABAD: Federal Board of Revenue (FBR) has allowed duty drawback on import of ready to use supplementary food, which included palm oil and skimmed milk. The FBR on Tuesday issued SRO 341(I)/2020... Read more »

PVC, PMC material allowed sales tax zero rating; Export Policy Order amended

ISLAMABAD: The ministry of commerce has allowed zero rating of sales tax on supply of PVC and PMC meterials from Export Processing ZOnes, Manufacturing Bonds and export oriented units. The commerce ministry... Read more »

FBR extends time limit for filing goods declaration

KARACHI: Federal Board of Revenue (FBR) has extended time limit for filing goods declaration in order to facilitate trade considering problems faced during lockdown. The FBR on Monday issued a notification for... Read more »

FBR notifies transfers of 11 senior customs officers of BS-20-21

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday announced transfers of senior customs officers of BS-20 and BS-21 with immediate effect and until further orders. Following officers of Pakistan Customs Service (PCS)... Read more »