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Major Tax Evasion Unearthed: Textile Importer Booked for Rs. 143 Million Fraud Using Fake Manufacturing Status

Major Tax Evasion Unearthed: Textile Importer Booked for Rs. 143 Million Fraud Using Fake Manufacturing Status

KARACHI: The Directorate of Post Clearance Audit & Internal Audit (South) has uncovered a major tax evasion case involving a…
Federal Government Permits Commercial Import of Used Vehicles, Limit Set to Five Years Old

Federal Government Permits Commercial Import of Used Vehicles, Limit Set to Five Years Old

Karachi : The Federal Government has introduced a significant amendment to the Import Policy Order 2022, allowing the commercial import…
FBR to issue new CGO for disposal of seized cars

FBR to issue new CGO for disposal of seized cars

ISLAMABAD: The Federal Board of Revenue (FBR) will issue a new Customs General Order (CGO) for disposal of tampered and…
Karachi’s Infrastructure Collapses Despite Billions in Taxes, Says Khurram Ejaz

Karachi’s Infrastructure Collapses Despite Billions in Taxes, Says Khurram Ejaz

Karachi : Federation of Pakistan Chambers of Commerce and Industry’s ruling group Businessmen Panel Secretary General and former Vice President…
FBR Reorganizes Customs Post-Clearance, Internal Audit Framework

FBR Reorganizes Customs Post-Clearance, Internal Audit Framework

Karachi: The Federal Board of Revenue has announced a sweeping restructuring of the country’s customs post-clearance and internal audit framework…
FBR Faces Criticism Over Sudden Posting of Senior Customs Officer Wajid Ali

FBR Faces Criticism Over Sudden Posting of Senior Customs Officer Wajid Ali

Karachi : Former Chairman of the All Pakistan Customs Agents Association (APCAA) and Vice President of the Federation of Pakistan…
Chief Collector South, Jamil Nasir, has challenged the credibility of the Directorate of Post Clearance Audit

Chief Collector South, Jamil Nasir, has challenged the credibility of the Directorate of Post Clearance Audit

Karachi : The Chief Collector of Customs Appraisement South, Jamil Nasir, has challenged the credibility of the Directorate of Post…
Faceless Customs Assessment  system has suffered a massive revenue loss of Rs. 38 billion during just three months

Faceless Customs Assessment  system has suffered a massive revenue loss of Rs. 38 billion during just three months

Karachi : Pakistan’s much-touted Faceless Customs Assessment (FCA) system has suffered a massive revenue loss of Rs. 38 billion during…
Faceless Customs Assessment: Audit sparks concerns about under-invoicing

Faceless Customs Assessment: Audit sparks concerns about under-invoicing

KARACHI: The import value of a 2023 Toyota Land Cruiser, typically worth millions, has been shockingly declared at just Rs…
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