Daily Archives: March 13, 2017

Customs issues instructions on unnecessary marking for examination, calling documents


KARACHI: Model Customs Collectorate (MCC) Appraisement West has issued instructions regarding unnecessary marking of examination and calling documents at assessment stage.

SBP advises banks to set up foreign trade valuation system to stop money laundering


KARACHI: State Bank of Pakistan (SBP) has advised banks to set up in-house price valuation of foreign goods in order to minimize money laundering through banking channels.

ATL adds 15,738 returns avoiding automatic audit selection


KARACHI: About 15,738 taxpayers have filed their income tax returns for tax year 2016 during past week in order to avoid automatic selection of audit besides fine and penalties.