Mar 8

Mismanagement causes financial losses to traders

KARACHI: Karachi Customs Agents Association (KCAA) on Monday said that mismanagement by container terminal and shipping line caused non-clearance and huge financial losses to importers. Karachi Customs Agents Association (KCAA) in a statement said that traders (Importers) are facing loss of millions of rupees due to non-clearance of 73 import consignments because of mismanagement of […]

by Hamza Shahnawaz

Customs clearance of iron, steel scrap linked with LMB value

Mar 4

Pakistan Customs

Customs clearance of iron, steel scrap linked with LMB value

KARACHI: Pakistan Customs has linked the import value of iron and steel scrap with the prices published in London Metal Bulletin (LMB) in order to ensure smooth customs clearance, sources said on Thursday. The sources said that the Directorate of Customs Valuation last week issued valuation ruling for iron and steel scrap after considering fluctuation […]

by Mrs. Anjum Shahnawaz

Pre-arrival customs clearance rolled out to five airlines

Mar 2

Pakistan Customs

Pre-arrival customs clearance rolled out to five airlines

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that it has extended the pre-arrival custom clearance facility to five airlines. A FBR spokesman on a pilot project on customs clearance in the Sky that was started with Qatar Airways has now been rolled out to five other airlines. Urgent shipments on Turkish Airlines, Fly […]

by Mrs. Anjum Shahnawaz

FBR devises mechanism for release of consignments stuck-up at Karachi ports

Mar 2

Pakistan Customs

FBR devises mechanism for release of consignments stuck-up at Karachi ports

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday devised a mechanism for release of imported goods of FATA/PATA residents stuck-up at Karachi ports. A meeting was held under the Chairmanship of the FBR chairman with Inland Revenue-Operations and Customs Operations Wings to sort out the issues of imported goods of FATA/PATA residents stuck-up at Karachi […]

by Mrs. Anjum Shahnawaz

Customs intelligence to auction huge quantity Indian fabric on March 03

Feb 28

Auction, Pakistan Customs

Customs intelligence to auction huge quantity Indian fabric on March 03

ISLAMABAD: Directorate of Customs Intelligence and Investigation (I&I) Faisalabad has announced public auction of huge quantity Indian origin fabric on March 03, 2021. According to details the directorate announced to auction of confiscated goods and vehicles lying in the State Warehouse, I&I Customs Faisalabad. A huge quantity of 18,870 kilograms of Indian origin Shafoon cloth […]

by Mrs. Anjum Shahnawaz

FBR proposes penalty for late payment by Authorized Economic Operators

Feb 28

Pakistan Customs

FBR proposes penalty for late payment by Authorized Economic Operators

KARACHI: Federal Board of Revenue (FBR) has proposed penalty for defaulting in payment for customs clearance by Authorized Economic Operators (AEOs). The FBR issued SRO 263(I)/2021 dated February 23, 2021 and proposed amendment to Customs Rules, 2002 related to authorized economic operators. According to the law, the authorized economic operator (AEO) is a certified entity […]

by Mrs. Anjum Shahnawaz

Feb 26

Pakistan Customs

13 Customs officers promoted to BS-20

ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified promotions of 13 officers of Pakistan Customs Service (PCS) from BS-19 to BS-20 on regular basis with immediate effect. Following Customs officers have been promoted to BS-20: 1. Hassan Saqib Sheikh 2. Masood Ahmed 3. Fayaz Rasool 4. Sanaullah Abro 5. Muhammad Tahir 6. Muhammad Saleem […]

by Mrs. Anjum Shahnawaz

FBR notifies promotions of Customs officers to BS-21

Feb 26

Pakistan Customs

FBR notifies promotions of Customs officers to BS-21

ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified promotions of BS-20 officers of Pakistan Customs Service (PCS) to BS-21 on regular basis with immediate effect. Following officers have been promoted to BS-21: 1. Muhammad Iqbal Bhawana 2. Wajid Ali 3. Ms. Rabab Sikandar 4. Zulfiqar Younus 5. Ms. Shahnaz Maqbool 6. Ahmad Rauf 7. […]

by Mrs. Anjum Shahnawaz

Feb 25

Pakistan Customs

Pakistan Customs revises valuation ruling for drinking powder

KARACHI: Pakistan Customs has issued Valuation Ruling No. 1516 for determination of duty and taxes at the time of clearance of imported food supplements (drinking powder), sources said on Wednesday. The Directorate of Customs Valuation while issuing the valuation ruling dated February 18, 2021 stated that earlier the customs values of food supplements (drinking powder) […]

by Mrs. Anjum Shahnawaz

FBR issues fresh customs valuation for mobile phones

Feb 24

Pakistan Customs

FBR issues fresh customs valuation for mobile phones

KARACHI: Federal Board of Revenue (FBR) has issued fresh customs values of mobile phone devices for the determination of duty and tax, sources said on Tuesday. The Directorate General of Customs Valuation has issued valuation advice dated February 18, 2021, in respect of mobile phone devices to determine assessable customs values of mobile phone devices. […]

by Mrs. Anjum Shahnawaz