Karachi, January 22, 2024 – In a significant development, Customs Laws in Pakistan have explicitly outlined a three-year jail term for those found guilty of falsifying declarations.
(more…)Tag: Customs Act 1969
-
Pakistan Customs Implements Penalties for Illegal Goods Removal
Karachi, January 19, 2024 – In a bid to curb illicit activities related to goods landing on Pakistani soil, Pakistan Customs has introduced strict penalties for the unauthorized removal or concealment of goods before customs clearance.
(more…) -
Pakistan Customs to Immediately Confiscate Smuggled Currency
Karachi, January 18, 2024 – Pakistan Customs has ramped up its efforts to combat smuggling by announcing that it will now instantly confiscate currency, gold, or precious stones upon their discovery during anti-smuggling operations.
(more…) -
FBR Specifies Death Penalty for Narcotics Smuggling
Karachi, January 17, 2024 – The Federal Board of Revenue (FBR) in Pakistan has updated the Customs Act, 1969, for the tax year 2024, specifying severe penalties, including the possibility of the death penalty, for those involved in smuggling of narcotics.
(more…) -
FBR Imposes Strict Penalties for Smuggling in 2024
Karachi, January 16, 2024 – In a bid to curb the menace of smuggling, the Federal Board of Revenue (FBR) has announced a series of harsh penalties for individuals involved in the illegal transportation of goods, including essential commodities, into or out of Pakistan.
(more…) -
Stringent Penalties Enforced for Violations of Customs Act
Karachi, January 15, 2024 – The legal landscape of Pakistan surrounding international trade and customs regulations has undergone a significant shift with the enforcement of stringent penalties under the Customs Act 1969.
(more…) -
FBR Specifies Offenses Leading to Confiscation of Goods
Karachi, January 14, 2024 – The Federal Board of Revenue (FBR) has outlined offenses for which goods shall be subject to confiscation during the tax year 2024, following the recent update to the Customs Act, 1969.
(more…) -
FBR Sets Rs 50,000 Penalty for Violating Customs Laws in 2024
Karachi, January 13, 2024 – The Federal Board of Revenue (FBR) has introduced a penalty of Rs 50,000 for violations of the Customs Act, 1969, according to the updated provisions outlined for the Tax Year 2024.
(more…) -
Unauthorized Access to Customs System Declared Offence in 2024
Karachi, January 12, 2024 – The Federal Board of Revenue (FBR) has officially declared unauthorized access to the Customs Computerized Systems as a criminal offence.
(more…) -
FBR Greenlights Conditional Sharing of Confidential Trade Data
Karachi, January 11, 2024 – The Federal Board of Revenue (FBR) has granted Customs authorities the authority to share confidential trade data under specific conditions for the tax year 2024.
(more…)