Finance Bill 2026 Introduces Concept of Authorized Shipping Agent
New proposal aims to strengthen tax compliance and accountability for non-resident shipping operators through locally authorized representatives.
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Tag: shipping industry
Terminal operators face Rs10 million penalty for denying delay and detention certificates
Finance Bill 2026 proposes a twentyfold increase in penalties to ensure terminal operators comply with Customs-issued delay and detention certificates.
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Shipping Companies to Operate on Saturdays for DO Issuance
KARACHI, July 12, 2024 – In line with the Prime Minister’s recent decision to establish a regulatory authority for the shipping sector, a crucial meeting was held under the supervision of Chairman Karachi Port Trust (KPT), Syed Syedain Raza Zaidi.
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APCAA Rejects Shipping Association’s Embezzlement Allegations
Karachi, February 1, 2024 – The All Pakistan Customs Agents Association (APCAA) came out strongly on Thursday, condemning the All Pakistan Shipping Association for leveling groundless charges of embezzlement against customs agents.
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Sindh Sales Tax Rates on Shipping Services in 2024
Karachi, January 26, 2024 – The Sindh Revenue Board (SRB) has recently released the updated sales tax rates on services provided or rendered by shipping agents in the province of Sindh for the tax year 2024.
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US Deputy Chief of Mission Reiterates Commitment to Green Shipping in Pakistan
Karachi, September 14, 2023 – Today in Karachi, the United States has reaffirmed its strong commitment to collaborate with the Government of Pakistan and the port and shipping industry to develop a comprehensive national action plan.
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ECC approves tax incentives to shipping industry for next 10 years
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Wednesday extended tax incentives to shipping industry for next 10 years.
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