Customs News

Back to News Portal

Question of real economic growth

PAR Jun 10, 2016 0

According to newspaper reports, a group of independent economists have challenged Finance Minister Ishaq Dar’s claim that the country achieved 4.7 per...

Customs seize illegal knock-offs, tobacco and subsidised fuel

PAR Jun 10, 2016 0

NICOSIA: Customs said on Thursday they had made a number of seizures of counterfeit products, tobacco and cigarettes smuggled from the north, hookah p...

Lack of economic vision

PAR Jun 9, 2016 0

The economy of Pakistan is not performing according to its potentials due to lack of vision and programme on the part of the individuals who matter. T...

Finnish exports down 11 percent since April 2015

PAR Jun 8, 2016 0

HELSINKI: Finland’s trade balance showed a 225 million-euro deficit at the end of April this year. According to new data from Finnish Customs, exports...

Tax on financial institutions

PAR Jun 8, 2016 0

There are serious reservations in some circles about the current rules and regulations dominating the banking system in the country. The multifaceted...

Mexico ends tariffs on U.S. apple imports

PAR Jun 8, 2016 0

WASHINGTON: Mexico has removed tariffs on U.S. apple imports after finding in an anti-dumping probe that the shipments had not sufficiently harmed do...

FBR decreases tax slabs from 5 to 4 to boost imports

PAR Jun 7, 2016 0

KARACHI: The Federal Board of Revenue (FBR) has decided to decrease tax slabs from five to four, it is learnt here. That the FBR has directed the cust...

Govt urged to impose import duty on whey milk

PAR Jun 7, 2016 0

LAHORE: The government should impose import duty on whey milk and powder milk to save local milk industry. This was stated by University of Veterinary...

FBR to exempt imports of garments and machinery from customs duty

PAR Jun 7, 2016 0

KARACHI: The Federal Board of Revenue (FBR) has decided to exempt the import of textile, garments and machinery from customs duty (CD), it is learnt h...

PAKISTAN INTERNATIONAL BULK TERMINAL OUTLOOK

PAR Jun 3, 2016 0

PAKISTAN INTERNATIONAL BULK TERMINAL IS NOW UNDER CONSTRUCTION AT PORT QASIM NEAR THE SSGC LNG TERMINAL PIBTL JETTY feature: Length 600m Width...

Rs 500 billion new taxes in upcoming budget opposed

PAR Jun 1, 2016 0

LAHORE: The All Pakistan Business Forum (APBF) as expressed serious concerns over the government’s decision to impose new taxes of Rs.500 billion in t...

Customs Intelligence seizes vegetable cooking oil worth Rs 4 million

PAR Jun 1, 2016 0

MULTAN: The Customs Intelligence and Investigation Multan Range Office has seized foreign origin vegetable cooking oil. That the Customs Intelligence...

Govt implementing tax, price policies on tobacco products

PAR Jun 1, 2016 0

LAHORE: Federal Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar said the government was implementing tax and pri...

Finance Ministry includes FBR’s proposals on enhancing revenue collection

PAR Jun 1, 2016 0

ISLAMABAD: The Finance Ministry has included various recommendations of the Federal Board of Revenue (FBR) to enhance revenue, including the revised v...

Customs Intelligence seizes 200 non-duty paid freezer compressors

PAR May 27, 2016 0

LAHORE: The Customs Intelligence and Investigation on Thursday detained 200 freezer compressors from a goods transport company located near Mayo Hospi...