Thursday , August 13 2020
Breaking News
Home / Tag Archives: Pakistan Custom’s (page 4)

Tag Archives: Pakistan Custom’s

Customs to prepare penal surcharge against Dewan Cement

KARACHI: The Appraising Intelligence Branch (AIB) of the Model Customs Collectorate of Appraisement-West is going to prepare “penal surcharge statement” against the importer Dewan Cement Limited (Pakland Cement) in its alleged involvement in tax/duty evasion. The AIB sources informed Customs Today that the department after the verdict of Supreme Court of Pakistan (SCP) has started to prepare penal surcharge statement ... Read More »

LSE ends in green after Eid holidays

LAHORE: The Lahore Stock Exchange (LSE) witnessed bullish trend on its first day, Thursday, after five holidays due to weekend and Eidul Adha and gained 6.04 points to reach 5387.99 points and 343,100 shares. As per details, 80 companies took part in today’s trading with 20 advancers and eight companies lost their share value, while 52 companies remained stable today. ... Read More »

Closing: KSE opens after 5 days closure, loses 124 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with bearish trend on Thursday after five days closure due to weekend and Eid holidays. The KSE lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Earlier, the rally started with downward trend, the KSE 100-index shed 50.48 points to reach 30052.75 points during midday trading on Thursday noon. ... Read More »

Weekly review: Bulls grip KSE before Eid as market gains 398 points

KSE remained in green zone most of the days in week long trading  KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 397.58 points in the week-long trading, as it opened at 29705.65 points on Monday and closed at 30103.23 points on Friday, despite another week of sit-ins and public meetings, creating political chaos across the country. At start of ... Read More »

Closing: KSE ends in green before 5 days closure

KSE is going to close for 5 days due to weekend and Eid holidays KARACHI: As the stocks markets across the country were going to close for five days, the Karachi Stock Exchange tried hard to end trading in green zone on last day of trading, Friday. The KSE slightly gained 31.65 for today to reach 30103.23points and volume of ... Read More »

Smuggled rare turtles released into Haleji Lake

KARACHI: The rare species of turtles, seized by Pakistan Customs at Quaid-e-Azam International Airport during a smuggling bid, have been released into the Haleji Lake Thatta. District Court Malir ordered the release of 173 Black Spotted turtles into the lake which is their natural habitat. A large number of students, media persons along with the representatives of Sindh Wildlife Department ... Read More »

Closing: 75 points gain helps KSE cross 30,000 barrier

KARACHI: The major stock exchange of the country, the KSE 100-index, crossed the psychological barrier of 30,000, gaining just 74.97 for today, Thursday, to reach 30071.58 points and volume of 107,311,490 shares. Earlier in the morning, KSE made a wonderful start and crossed 30,000 psychological barrier by gaining 129.56 points and reached 30126.17. The market has gained 69.45 points and ... Read More »

Closing: KSE keeps up momentum, ends slightly below 30,000

KARACHI: The Karachi Stock Exchange (KSE) 100-index had shed points at start of the week; however, Wednesday was a second consecutive lucky day for country’s major stocks, as the KSE again remained in green zone and added 270.22 points to reach 29996.61 points and volume of 72,096,640 shares. Earlier, Stocks Exchange keeping the bullish momentum of start on third day ... Read More »

Customs issues valuation ruling of one-side coated duplex board

KARACHI: The Directorate General of Customs Valuation, through ruling No 694/2014, has determined the Customs values of one-sided coated duplex board. Customs values of ‘one side coated duplex board grey back in sheets 300 GSM & up and one side coated duplex board other than grey back in sheets’ have been revised through Valuation Ruling No 549/2013 dated 23-04-2013. Sources ... Read More »

Closing: Bulls retake charge at KSE with 343 points gain

KARACHI: Tuesday proved to be a good day for Karachi Stock Exchange (KSE) 100-index as the major Stock market of the country gained 343.26 points to reach 29726.39 points and volume of 60,392,610 shares. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in view ... Read More »

Closing: KSE plummets 322 points after PTI show in Lahore

  KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 322.52 points to reach 29383.13 points with a volume of shares 47,072,210 on the first day of trading on Monday, as the political situation is becoming unexpected after a showdown by Pakistan Tehreek-e-Insaf in Lahore. Earlier, the market opened on a negative note and fell down from the weekend closing of 29705 ... Read More »

FBR to take action against 200 corrupt officials

KARACHI: On the orders of Prime Minister and Finance Minister, Federal Board of Revenue (FBR) has started a drive against corrupt officials to wipe out criminal elements from the revenue authority for increasing tax collection Sources said that FBR has ordered all the field offices to complete disciplinary proceedings in seven days against officials involved in corruption and misconduct. Finance ... Read More »

Importers, traders hail intra-Collectorates reshuffling

KARACHI: The importers and traders have expressed satisfaction over the recent reshuffling of various Customs officers in Karachi region. Sharing their views with Customs Today on recent transfers and postings, the importers were of the view that the FBR had posted Pakistan Customs Service (PCS) officers of highest integrity to the Collectorates. They described the transfers of BPS-18/19 officers at ... Read More »

Weekly review: Bears rally at KSE causes 334 points slump

KARACHI: The Karachi Stock Exchange (KSE) 100-index has lost 334.51 points in the weeklong trading, as it opened at 30015.8 points on Monday and closed at 29681.29 points on Friday. On Monday, the first day of trading, KSE lost 21.93 points to stand at 29993.87 points as the country has been facing multifarious challenges these days. Earlier on Monday, the ... Read More »

Closing: Bears chase KSE, week ends on 259 points loss

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 258.98 points to stand at 29681.29 points and volume of 86,490,530 shares on last day of trading, Friday, as the routine life in Karachi came to a halt after MQM chief Altaf Hussain asked his workers to stage sit-ins across the city following the arrest of workers. Earlier, 100-index witnessed fluctuation in trading ... Read More »

FBR asked to check delay in clearance of goods at AFU

KARACHI: The importers have been facing immense problems in clearance of their consignments through Immediate Clearance Group (ICG) at Air Freight Unit (AFU) of Jinnah International Airport (JIAP). They were of the view that the examination of their consignments were being delayed due to some “so-called” security measures taken by Air Port Security Force. Importers, while sharing their views with ... Read More »

Anti-Dumping Duties

China’s emergence as an economic power has threatened indigenous industries all over the world and many governments have stepped up their efforts to ward off economic threats to their industries at home. In a normal situation, every government encourages the import of different items from foreign countries to meet the local requirements, but restrictions are also imposed on the import ... Read More »

Closing: KSE further plunges 155 points on Thursday

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 155.53 points to stand at 29940.27 points and volume of 5,708,428,194 shares on Thursday, as the market added to yesterday’s losses. Earlier, the market opened on a negative note and kept on losing points, as the bearish trends added to the overnight losses. The stocks could not gain momentum as profit-taking took ... Read More »

Rs 333 million goods imported from India via Wagha Border

LAHORE: Pakistan has imported items worth Rs 333 million between September 15 and 21 from India via the Wagha border. According to available documents, the major items were potatoes, tomatoes, garlic, cake-oil, polyethylene and cotton yarn. The documents also read Pakistan imported potatoes worth Rs 19.8 million during the last week. No duty has been imposed on the import of potatoes from India ... Read More »

Monthly tax collections

The Federal Board of Revenue (FBR) has decided to get monthly reports of tax collections across the country and has directed the subordinate departments, including field formations, to send reports of all the tax collections electronically to the headquarters to make a comparison of the tax collections on monthly basis. The field formations have been directed to meet the target ... Read More »