Jul 8

MCC Gwadar to auction motor vehicles on July 18, 2022

ISLAMABAD: Model Customs Collectorate (MCC) Gwadar has announced auction of motor vehicles on July 18, 2022 which will be held at Custom House Gwadar. Following is the list of motor vehicles to be presented for the auction: 01. Zamyad Pickup, Chassis No. NAZDL104TD-0068010 02. Zamyad Pickup, Chassis No. NAZPL140TB-N272445 READ MORE: Customs Sukkur to auction […]

by Mrs. Anjum Shahnawaz

Pakistan makes amendments to baggage rules

Jul 7

Pakistan Customs, Taxation, Top stories

Pakistan makes amendments to baggage rules

ISLAMABAD: The apex revenue collecting agency of Pakistan on Wednesday issued a draft to amend baggage rules. The Federal Board of Revenue (FBR) issued SRO 985(I)/2022 to propose amendments to the Baggage Rules, 2006. The draft proposed to substitute Rule 3 of the Baggage Rules, 2006. According to the substituted rule: READ MORE: Customs directed […]

by Mrs. Anjum Shahnawaz

Tampering PSW data to attract 4-year jail sentence

Jul 3

Budget 2022-2023, Pakistan Customs

Tampering PSW data to attract 4-year jail sentence

KARACHI: About four years jail term has been prescribed for tempering data of Pakistan Single Window (PSW). According to Finance Act, 2022 certain amendments have been made to Customs Act, 1969 to prescribed fine and penalty for attempting to tamper or making unauthorized entry to the online data of PSW. According to the Finance Act, […]

by Faisal Shahnawaz

Pakistan allows duty exemption on coal import from Afghanistan

Jul 2

Pakistan Customs, Taxation

Pakistan allows duty exemption on coal import from Afghanistan

ISLAMABAD: Pakistan has allowed exemption of customs duty on import of coal from Afghanistan. The country’s apex revenue authority i.e. Federal Board of Revenue (FBR) issued SRO 968(I)/2022 to exempt customs duty on import of certain items, including coal from Afghanistan. Earlier this week Prime Minister Muhammad Shehbaz Sharif approved the import of super-critical quality […]

by Mrs. Anjum Shahnawaz

Procedure notified for TAD under Afghan transit trade

Jun 22

Pakistan Customs, Top stories

Procedure notified for TAD under Afghan transit trade

ISLAMABAD: The Federal Board of Revenue (FBR) has notified procedure for issuance of temporary admission document (TAD) under Afghan Transit Trade. The FBR issued SRO 802(I)/2022 to amend Customs Rules, 2001 by inserting new rule 482A. In March 2022, Pakistan and Afghanistan implemented movement of transit and bilateral trade through TAD for commercial vehicles. Under […]

by Mrs. Anjum Shahnawaz

Pakistan decides 10% regulatory duty on petrol import

Jun 19

Budget 2022-2023, Finance, Pakistan Customs, Top stories

Pakistan decides 10% regulatory duty on petrol import

KARACHI: Pakistan has decided to impose regulatory duty at 10 per cent from July 01, 2022. The country presented its federal budget 2022/2023 on June 10, 2022 and proposed increase on regulatory duty on various imported goods. READ MORE: Penalty amount revised for late filing income tax returns The Finance Bill, 2022 suggested levying 10 […]

by Hamza Shahnawaz

FBR’s committee to examine service record of customs officials

Jun 15

Pakistan Customs, Taxation

FBR’s committee to examine service record of customs officials

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday constituted a scrutiny committee to examine service record of employees of Pakistan Customs Department. According to a notification, on the directives of FBR chairman, the following scrutiny committee to examine the service record of all those employees of Pakistan Customs Department, who have joined their duties […]

by Mrs. Anjum Shahnawaz

Budget 2022/2023: Salient features of customs duty act

Jun 11

Budget 2022-2023, Pakistan Customs

Budget 2022/2023: Salient features of customs duty act

ISLAMABAD: Following are salient features of amendments made to Customs Act, 1969 through Finance Bill, 2022. GUIDING PRINCIPLES (a) Remove anomalies in cascading structure of tariff. (b) Promote and protect domestic industry by introducing targeted interventions. (c) Rationalizing tariffs on industrial raw materials / intermediate goods. READ MORE: Budget 2022/2023: Salient features of sales tax […]

by Mrs. Anjum Shahnawaz

FBR sacks Customs appraising officer for misconduct

Jun 8

Pakistan Customs

FBR sacks Customs appraising officer for misconduct

KARACHI: Federal Board of Revenue (FBR) has sacked a Customs appraising officer (BS-16) on charges of misconduct and inefficiency. According to a notification issued on Tuesday, the FBR said disciplinary proceedings were initiated against Arjad Abbas Khosa, Appraising Officer (BS-16), Collectorate of Customs, Islamabad under the Civil Servants (Efficiency & Discipline) Rules, 2020 on account […]

by Mrs. Anjum Shahnawaz

Customs chemical examiner awarded ‘removal from service’

Jun 7

Pakistan Customs

Customs chemical examiner awarded ‘removal from service’

ISLAMABAD: Federal Board of Revenue (FBR) has awarded major penalty of ‘removal from service’ upon a chemical examiner of Pakistan Customs Service (PCS) on the charges of misconduct and inefficiency. According to details received on Monday, disciplinary proceedings were initiated against Tahir Jamal, Deputy Assistant Chemical Examiner (BS-16), Collectorate of Customs Appraisement-West, Karachi under the […]

by Mrs. Anjum Shahnawaz