The government has proposed amendments to the Customs Act, 1969, introducing monetary penalties for importers who fail to provide mandatory documents electronically.
ISLAMABAD: Â Pakistan customs has been empowered to confiscate goods and block importers for one year on charges of contravening invoices and packing list inside container or consignment. According to budget 2021/2022 documents, the Finance Bill, 2021 proposed penalties for contravening invoices or packing list. At present if any person contravenes the requirement of placement of […]
KARACHI: Pakistan Customs has assured business community of early resolution of pending valuation ruling issues on priority basis. Director General Customs Valuation Ms. Shahnaz Maqbool assured this at a meeting held with members of Pakistan Federation of Chambers of Commerce and Industry (FPCCI), a statement said on Thursday. According to the statement the FPCCI and […]
KARACHI: Karachi Customs Agents Association (KCAA) has appreciated the measures taken by the tax authorities for smooth customs clearance during Eid holidays. In a statement issued on Tuesday, the KCAA stated that the customs field formations at Karachi Ports observed normal working hours on May 8 h 2021 and remained open on 10th and 11th […]
ISLAMABAD: Federal Board of Revenue (FBR) has invited application for appointment of Chief Executive Officer (CEO) of Pakistan Single Window Company (PSWC). The application for the post may be submitted by May 23, 2021. The FBR said that PSWC is a public sector company incorporated under Section 42 of the Companies Act, 2017 by Pakistan […]
KARACHI: The performance of Pakistan Customs is not at par with expectations of trade and industry. This mismatch between expectations and delivery should be resolved effectively, said Shari Vohra, President, Karachi Chamber of Commerce and Industry (KCCI). He said while exchanging views with a delegation of Senior Collectors of 31st Mid-Career Management Course from Directorate […]
ISLAMABAD: Federal Board of Revenue (FBR) has allowed tourists/foreign travelling Pakistan to bring motor vehicles without payment of duty and taxes and retain such motor vehicles for six months. The FBR issued SRO 495(I)/2021 on Thursday to amend Customs Rules, 2001. Through the amendment the retention period of motor vehicles has been increased to six […]
ISLAMABAD: Pakistan Customs has launched a new automated scanning facility for containerized import consignments of industrial raw materials for speedy clearance, a statement said on Wednesday. The new system has been introduced in WeBOC system. The introduction of Non-Intrusive Inspection System by Customs was a long awaited initiative aimed at replacing physical inspection of cargo […]
ISLAMABAD: Gwadar Free Zone has become practically operational with the first consignment clearance by Pakistan Customs, a statement said on Wednesday. According to the statement, Pakistan Customs has facilitated the clearance of the first import cum export consignment by M/s. HK Sun Corporation limited, which will be further processed in Gwadar Free Zone established under […]
KARACHI: Model Customs Collectorate (MCC) Gwadar announced a huge lot of seized motor vehicles to be held on March 18, 2021 at Custom House, Gaddani. Following motor vehicles will be presented for the auction: 01. Toyota Premio X Car Reg: No AAK-046 Chassis No. ZZT240-0112894 Engine No. Nil Model: 2006 02. Toyota Surf Reg No. […]