Category Archives: Customs

FBR notifies functions of IOCO directorate

ISLAMABAD: Federal Board of Revenue (FBR) has notified functions of the Directorate General of Input Output Coefficient Organization (IOCO) for determination of duty drawback rates for repayment.

Import of steel products as raw material allowed reduced duty rate

ISLAMABAD: The federal government has allowed reduced rate of customs duty on import of steel products as raw material by amending existing notification.

Customs duty exempted on import of electric vehicles

ISLAMABAD: The government has exempted the customs duty on import of electric vehicles Completely Buildup Unit (CBU) meant for transport of persons.

FBR issues procedure for sale of confiscated tampered vehicles

ISLAMABAD: Federal Board of Revenue (FBR) on Friday issued procedure for sale of confiscated vehicles with tempered chassis number to government and semi government departments.

FBR notifies imposition of 2pc additional customs duty

ISLAMABAD: Federal Board of Revenue (FBR) has notified additional customs duty at 2 percent on import of goods specified in the First Schedule to the Customs Act, 1969.

FBR revises customs duty on imports under China FTA

ISLAMABAD: Federal Board of Revenue (FBR) has notified revised rate of customs duty for import of goods from China under Free Trade Agreement (FTA).

FBR withdraws regulatory duty on over 250 tariff lines

ISLAMABAD: Federal Board of Revenue (FBR) has abolished regulatory duty on over 250 tariff lines to 480 from 731 tariff lines.

Rupee depreciation causes 38.43 percent decline in car import

KARACHI: The rupee depreciation has reduced the import of cars by 38.43 percent during April 2018 as compared with same month of the last year.

Customs Intelligence announces auction of vehicle on May 29

ISLAMABAD: The Directorate of Customs Intelligence and Investigation, Lahore has announced auction of confiscated vehicles on May 29, 2018 to be held at State Warehouse of the Directorate.

Customs restricts access to examination, port area

KARACHI: Pakistan Customs has restricted the access of importers and customs agents into examination area for the security of goods and the port area.