Illegal trading of currency, gold to be liable for imprisonment up to 14 years

KARACHI: Passengers or crew members found involved in illegal trading of currency, gold or precious stones to be convicted with up to 14 years imprisonment along with huge amount of fine and... Read more »

Customs collectorates to observe extended working hours on June 29-30

KARACHI: Federal Board of Revenue (FBR) on Friday said that the collectorates of Customs will observe extended working hours on June 29 and 30, 2020 to facilitate trade and business in payment... Read more »

Customs barred from auction of cigarettes without health warning

ISLAMABAD: Customs authorities have been barred from auction of confiscated cigarettes without printed health warning. The Federal Board of Revenue (FBR) on Tuesday issued draft amendment to Customs Rules 2001. In this... Read more »

Advance ruling in Customs laws introduced

ISLAMABAD: The government has introduced mechanism of advance ruling to facilitate importers and investors to ensure transparency in clearance process. Section 212B has been inserted to the Customs Act, 1969 through Finance... Read more »

Customs duty exempted on import of industrial raw material

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar announced to exempt customs duties on import of industrial raw material. While presenting the Budget 2020/2021, the minister highlighted the key points of... Read more »

Customs auction of vehicles to be held on June 04 at ASO Headquarter

KARACHI: Pakistan Customs has announced auction of used vehicles to be held on June 04, 2020 at Anti-Smuggling Organization (ASO), East Wharf, Karachi. Following vehicles will be presented for the auction: 01.... Read more »

Huge lot of Afghan transit vehicles to be auctioned on May 15

KARACHI: A large number of motor vehicles of Afghan Transit Trade has been offered for auction at Port Muhammad Bin Qasim International Terminal Operator (QICT), Karachi. The auction is scheduled for May... Read more »

Duty free import increases by 17pc despite phasing out exemptions

KARACHI: Despite elimination of exemption and strengthening enforcement the duty free import surged by 17.1 percent during 2018/2019, according to official documents. The FBR in its report released this month said that... Read more »

Customs directs shipping lines, agents to withdraw delay, detention charges

KARACHI: Pakistan Customs on Friday directed shipping companies and shipping agents to extend waiver of delay and detention charges during lockdown to contain coronavirus. Model Customs Collectorate (Enforcement &Compliance) Karachi issued instructions... Read more »

Coronavirus prevention: Clearing agents advised avoid unnecessary visits to Custom House

KARACHI: Customs clearing agents have been advised to avoid unnecessary visits to Custom House Karachi as a preventive measure against coronavirus. Read more »