Pak Customs Business Web Portal
Useful information for businessmen
The smuggled vehicles’ amnesty scheme notified by the Federal Government, for legitimizing smuggled vehicles upon payment of duty and taxes, has fetched Rs. 3 billion approximately to date, through legitimizing around 10,000 (ten thousand) vehicles across the country. It is reiterated here again today, that the last date to avail this facility of the amnesty […]
The amnesty scheme notified by the Federal Government, for legitimizing the smuggled and non-duty paid vehicles upon payment of duty and taxes, will expire on 31st March, 2013. The scheme will not be extended beyond 31st March, 2013. The rumors suggesting possible extension in the deadline are absolutely unfounded. 2. Those seeking to avail of […]
Federal Board of Revenue has conducted computer ballot for selection of cases for audit pertaining to tax year 2011. The selection has been made on the basis of three separate risk parameters for Income Tax, Sales Tax and Federal Excise Duty laws for corporate and non-corporate cases. The business community representatives, who pressed the button […]
Federal Board of Revenue (FBR) has extended the Sales Tax Withholding Regime through its notification SRO 98(1)/2013, dated 14-02-2013. The said SRO says that all companies as defined in Income Tax Ordinance, 2001 as are registered for sales tax, FED or Income Tax, shall be subjected to Withholding tax at one-fifth (l/5th) of the applicable […]
FBR’s Legal Wing completed a 3-day, training activity on Litigation Management System (LMS) at Directorate General of Training & Research (DOT- IR), Islamabad to build the capacity of 40 officers and officials of FBR as Master Trainers. Additional Commissioners, Deputy Commissioners, and Assistant Commissioner of Inland Revenue from Islamabad, Rawalpindi, Abbotabad, and Peshawar participated in […]
A meeting of Tax Reforms Coordination Group (TRCG) was held under the Chairmanship of Federal Minister for Finance Dr. Abdul Hafeez Sheikh at the FBR House here today to discuss proposals for upcoming Federal Budget 2013. Chairman FBR Mr. Ali Arshad Hakeem, in his opening remarks, as host, briefed the Minister about the various proposals […]
The Anti Illicit Tobacco/Cigarette Unit working under the Inland Revenue Wing of FBR has successfully launched its wide ranged operations covering almost all segments of this evasion prone sector. In addition to enforcement activities audits have also been conducted identifying recoverable Duty/taxes over RS 262 million. During the last 6 months (July-December, 2012) of the […]
Employees of FBR have thanked the Prime Minister Raja Pervez Ashraf, Federal Minister for Finance Dr. Abdul Hafeez Shaikh, Minister of State for Finance Mr. Saleem H. Mandviwalla, Chairman FBR Mr. Ali Arshad Hakeem and the senior management of FBR for getting approval of upgradation of 4384 posts of FBR in BS-14 and 15 to […]
The Prime Minister of Pakistan Mr. Raja Pervez Ashraf has kindly approved the upgradation of FBR’s 4384 posts of BS-14 to Bs-16. Chairman FBR Mr. Ali Arshad Hakeem had taken up this important but long outstanding issue with the Prime Minister, during his visit to the FBR Headquarters on 4th October, 2012. The Chairman had […]
It is for the information of all that FBR has not contributed to the report of Center for Investigative Reporting in Pakistan’s (CIRP) titled “Representation without Taxation”. FBR has not provided any information on declared annual incomes or tax paid by the parliamentarians to CIRP for any study. Section 216 of the Income Tax Ordinance […]