Pak Customs Business Web Portal
Useful information for businessmen
The Federal Government has amended Notification No. SRO-594(I)/2009 dated 25th June, 2009 as follows: 2. In aforesaid Notification, in the preamble, for the full stop, at the end, a colon shall substituted and thereafter the following proviso shall be added, namely, “Provided that no regulatory duty shall be levied on export of goods produced from […]
The State Bank of Pakistan, vide its letter No.FD.GOVT/671/101-2012 dated 29th June, 2012 has declared Saturday the 30th June, 2012 as a working day. 2. Therefore, all banks of Pakistan shall remain open on Saturday the 30th June, 2012. Further the clearing time on 30.6.2012 has been extended beyond 10:00 PM and the cash counter timings […]
FBR has given sales taxpayers the one-time waiver of penalties and additional tax if principal amount of outstanding sales tax (including illegal adjustments) were paid by 30th June. Further concession in this was given b y FBR on 27th June in SRO 774(1)/2012 allowing only 25% of Sales tax to be paids now, and the […]
Federal Board of Revenue has taken yet another step to further facilitate tax payers. Today, SRO 774(I)/2012 dated 27.06.2012 is issued which supersedes the earlier SRO 606(I)/2012 dated 01.06.2012 which exempted the default surcharge and penalties on outstanding Sales Tax on account of illegally adjusted input tax. The condition for this earlier exemption was that […]
In a bid to facilitate the trade and business community, FBR has decided here today to further extend the date for payment of Taxes / Duty and Filing of Sales Tax and Federal Excise Returns for the Tax Period May-2012, up to 30th June 2012, for all registered persons. The decision was taken in exercise […]
The Chairman, FBR, Mumtaz Haider Rizvi today inaugurated two new facilities for FBR, a new state of the art (Tier 3) Data-Center and a new Video Conferencing facility for FBR. The Data Centre is of a Tier-3 category which is said to be the most modern Data-Centre in the Government sector. The new FBR Data […]
The waiver scheme announced by FBR vide SROs 547 (I)/2012, 548(I)/ 2012 and SRO 606 (I)/2012 has been further extended up to 30th June, 2012. Earlier, the taxpayers who owed outstanding tax money were offered waiver of default surcharge, penalties and withdrawal of criminal proceedings if the Principal Amount of Income Tax, Sales Tax, Federal […]
In order to ensure deposit of the outstanding principal amount of Customs duty by 30th June, 2012, the Federal Government has remitted whole amount of penalties, fine and surcharge under section 202A, payable by a person against whom an amount of customs-duty is outstanding on account of any audit observation, audit report, demand notice or […]
FBR takes yet another taxpayer facilitation measure by ensuring the State Bank of Pakistan, National Bank of Pakistan and NIFT to remain open for extended hours as per following schedule: Thursday 28th June, till 06:00 P.M., Friday 29th June, till 08:00 P.M. and Saturday the 30th June, till 10:00 P.M. so that the taxpayers are […]
FBR sets yet another milestone in taxpayer facilitation by introducing automated information system for taxpayers to discharge their tax liabilities more conveniently. The initiative was taken by FBR’s Facilitation and Taxpayer Education Wing, headed by a Senior Member, Ms. Riffat Shaheen Qazi. The project was successfully launched today by Chairman, FBR, Mr. Mumtaz Haider Rizvi […]