Section 18E of Customs Act, 1969 has empowered the Federal Board of Revenue (FBR) to make changes in Pakistan Custom Tariff. The FBR issued updated Customs Act, 1969 up to June 30, 2021. The act has been updated by making amendments brought through Finance Act, 2021. READ MORE: Detention of goods violating customs act Following […]
ISLAMABAD: The Federal Board of Revenue (FBR) on Monday May 30, 2022 transferred about 12 BS-19 officers of Pakistan Customs Service (PCS) with immediate effect. The FBR notified transfer and posting of following officers: 01. Muteen Alam (Pakistan Customs Service/BS-19) has been transferred and posted as Additional Director, Directorate of DNFBPs, KPK from the post […]
KARACHI: The Federal Board of Revenue (FBR) has been suggested a drastic cut in duty and taxes on import of black to stop smuggling and increase revenue. The Karachi Chamber of Commerce and Industry (KCCI) in its proposals for budget 2022/2023 submitted to the FBR said that consumption of black tea in Pakistan is 240,000 […]
ISLAMABAD: The Federal Board of Revenue (FBR) is contemplating the imposition of charges for customs clearance services, a move empowered by Section 18D of the Customs Act, 1969.
Section 18C of Customs Act, 1969 determined rate of duties in Pakistan under international treaties. The FBR issued updated Customs Act, 1969 up to June 30, 2021. The act has been updated by making amendments brought through Finance Act, 2021. Following is the text of section 18C of the Customs Act, 1969: 18C. Rates of […]
The Federal Board of Revenue (FBR) has been empowered to impose additional custom duty on import of goods under Section 18A of Customs Act, 1969. The FBR issued updated Customs Act, 1969 up to June 30, 2021. The act has been updated by making amendments brought through Finance Act, 2021. Following is the text of […]
Section 18 of Customs Act, 1969 has defined rate of customs duty in Pakistan on import of goods. The Federal Board of Revenue (FBR) issued updated Customs Act, 1969 up to June 30, 2021. The act has been updated by making amendments brought through Finance Act, 2021. Following is the text of section 18 of […]
ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday directed the offices of Inland Revenue to observe extended working hours to facilitate taxpayers in payment of duties and taxes. The FBR in an office memorandum directed all Large Taxpayers Offices (LTOs)/ Medium Tax Office (MTO)/ Corporate Tax Offices (CTOs)/ Regional Tax Offices (RTOs) to open […]
Section 17 of Customs Act, 1969 explains detention, seizure and confiscation of goods imported in violation of section 15 or section 16. The Federal Board of Revenue (FBR) issued updated Customs Act, 1969 up to June 30, 2021. The act has been updated by making amendments brought through Finance Act, 2021. Following is the text […]
Karachi Chamber of Commerce and Industry (KCCI) has proposed restoration of sales tax exemption on supply of solar panels and inverters. The KCCI in its proposals for budget 2022/2023 submitted to the Federal Board of Revenue (FBR), stated that solar panels and inverters were earlier granted zero rated of sales tax. READ MORE: FBR suggested […]