May 23

FBR drafts ID evidence rules to subscribe Pakistan Single Window

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday issued draft rules for providing evidence of identity for subscription of Pakistan Single Window (PSW). The FBR issued SRO 605 (I)/2022 dated May 17, 2022 and invited comments/objections/suggestions from stakeholders before finalizing the rules. The revenue authority said that all persons (applicants) wishing to conduct a […]

by Anjum Shah

FBR notifies promotion of three IRS officers to BS-22

May 21

Taxation, Top stories

FBR notifies promotion of three IRS officers to BS-22

ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday notified promotion three officers BS-21 of Inland Revenue Service (IRS) to BS-22 with immediate effect. According to the notification the prime minister has approved the promotion of IRS officers to BS-22. READ MORE: FBR promotes customs officers to principal appraisers The Establishment Division through U.O. No. […]

by Anjum Shah

May 20

Taxation

Assistance to the officers of customs

Section 7 of Customs Act, 1969 has explained assistance to the officers of customs. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 7 of the Customs Act, 1969: 7. Assistance to the officers of […]

by Hamza Shah

Functions of customs officers to certain other officers

May 20

Taxation

Functions of customs officers to certain other officers

Section 6 of Customs Act, 1969 has described entrustment of functions of customs officers to certain other officers. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 6 of the Customs Act, 1969: 6. Entrustment […]

by Hamza Shah

May 19

Taxation

Delegation of powers under Customs Act

Section 5 of Customs Act, 1969 has described delegation of powers. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 5 of the Customs Act, 1969: 5 “Delegation of powers.- (1) The Board may, by […]

by Hamza Shah

Powers of Directorates and Custom officers

May 19

Taxation

Powers of Directorates and Custom officers

Section 3E and 4 of Customs Act, 1969 has explained powers of directorates and custom officers. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 3E and 4 of the Customs Act, 1969: 3E. Powers […]

by Hamza Shah

May 19

Taxation

Directorate Generals under Customs Act

Section 3A till 3DDD of Customs Act, 1969 has described Directorate Generals under customs act. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 3A to 3DDD of the Customs Act, 1969: 3A. Directorate General […]

by Hamza Shah

May 19

Taxation

Appointment of officers of customs

Section 3 of Customs Act, 1969 has described appointment of officers of customs by notification in the official Gazette. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 3 of the Customs Act, 1969. 3. […]

by Hamza Shah

May 19

Taxation

Definitions of Customs Act, 1969

Section 2 of Customs Act, 1969 has defined various provisions of the act to better understand the law. The Federal Board of Revenue (FBR) issued the Customs Act, 1969 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 2 of the Customs Act, 1969. 2. […]

by Hamza Shah

Fee and service charges under Sales Tax Act

May 19

Taxation

Fee and service charges under Sales Tax Act

Section 76 of Sales Tax Act, 1990 has explained fee and service charges. The Federal Board of Revenue (FBR) issued the Sales Tax Act, 1990 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 76 of the Sales Tax Act, 1990: 76. Fee and service charges.– (1) The “Board with approval […]

by Hamza Shah