The Federal Board of Revenue (FBR) has opened the floor for customs duty proposals as part of the preparations for the federal budget for the fiscal year 2021/2022.
KARACHI: Commercial and non-commercial importers are required to get registered with Pakistan’s online WeBOC system for clearance of consignments. In order to access the online Customs portal WeBOC, the person would first have to register themselves with Federal Board of Revenue (FBR). WEBOC EXTERNAL USER REGISTRATION FORM NTN Number * STRN * Business Name * […]
ISLAMABAD: Pakistan Customs has announced auction of huge lot of seized motor vehicles on January 14, 2021 at Customs House Airport road, Quetta. Following is the list of motor vehicles that would be presented for the auction: S.No. Description Parked At 1 Toyota Mark X, Chassis No. GRX120-0037293, Engine Type: 4GR-FSE, Model 2005, 2500-CC, Colour […]
KARACHI: Pakistan Customs has announced that payment of duty and taxes above Rs one million will only be made electronically (Alternate Deliver Channels). According to an announcement on Saturday, consignments through WeBOC system will be cleared on e-payment of duty and taxes above Rs one million. The payment threshold shall apply from January 15, 2021. […]
KARACHI: Pakistan Customs has issued updated taxpayers’ facilitation guide for import of vehicles under various schemes. Vehicles classifiable under HS Chapter 87 are importable under various schemes. The law of land caters for import of both new and used vehicles under stipulations of Import Policy. 1). Import of New Vehicles: New vehicles are importable into […]
In a significant move to combat smuggling and uphold the vision of the Prime Minister, Pakistan Customs, in collaboration with Frontier Corps and Balochistan Police, executed a successful raid on a showroom located at Quetta-Chamman Highway.
KARACHI: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has lauded the efforts of Pakistan Customs for establishing an e-commerce clearance facility in collaboration with the State Bank of Pakistan (SBP). “The move will prove to be very effective for SMEs, helping them promote their business, especially in the era of post-corona economic slowdown,” according […]
KARACHI: Pakistan Customs has enhanced the imported low-end brand garments from China and other destinations after identifying data variations in Electronic Data Exchange (EDE). The directorate general of customs valuation has issued valuation ruling No. 1484/2020 dated November 06, 2020 to enhance the values of import garments for determination duty and tax payment at customs […]
KARACHI: Pakistan Customs has launched a pilot project of Authorized Economic Operator (AEO) to facilitate trade and industry, a statement said on Friday.
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified rules for duty free minimum value of goods imported through courier and postal service. The FBR issued SRO 1109(I)/2020 to notify amendment to Customs Rules, 2001. The FBR previously issued draft rules through SRO 886(I)/2020 dated September 17, 2020. Through the latest SRO the FBR issued […]