Daily Archives: May 7, 2017

Pakistan Customs prepares auction plan to raise revenue, remove port congestion


KARACHI: Model Customs Collectorate (MCC) Appraisement – West has finalized plan for early disposal of auctionable goods for maximizing revenue collection during the last two months.

Property transactions become major source for money whitening


KARACHI: Property transactions have become major source of money whitening as bulk of concealed income documented under tax amnesty granted by the government about five months ago.

Customs invokes penalty provisions on incomplete GDs


KARACHI: Pakistan Customs has announced to impose penalty for filing Goods Declaration (GD) without relevant documents at the time of clearance.