Custom Values of Tyres & Tubes (Light Truck & Truck/Bus)

  Custom C&F Values in US$ per piece (As on 30-08-2018 under Valuation Ruling # 1319) S # HS Code Vehicle Type RIM Size Tyre Size Japan Int’l India China Others 1 4011.2011 Light Truck Radial 12 145-R12C-8PR 14 13 13 10 12 2 4011.2019 Light Truck 10 480-10/500-10/8pr 13 12 12 9 11 3 4011.2019 Light Truck 12 450-12-8pr 14 13 13 10 12 4 4011.2019 Light Truck 12 500-12-6PR 16 14 14 11 13 5 4011.2019 Light Truck 12 500-12-8PR 18 16 16 12 15 6 4011.2019 Light…

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Nausheen Javaid officially new FBR Chairperson

KARACHI: The Establishment Division, Government of Pakistan, has terminated the appointment of Syed Muhammad Shabar Zaidi as Chairman Federal Board of Revenue (FBR) and appointed Ms. Nausheen Javaid Amjad as the new Chairperson of FBR with immediate effect. Ms. Nausheen Javaid Amjad (BS-22) is presently posted as Member (Admin) FBR with additional charge of Chairperson FBR. An official said now that Ms. Nausheen is appointed Chairperson FBR, she would be able to take decisions with full authority, and several reforms are likely to be introduced in the near future.  The…

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Under-invoicing cases to be processed under money laundering laws

under-invoicing cases to be processed under money laundering laws

KARACHI: The Directorate of Post Clearance Audit (PCA) has initiated scrutiny and analysis of last five year data comprising FIRs lodged for under-invoicing, mis-declaration and over-invoicing, Order-in-Originals and Contravention Reports served on importers and traders. The cases of under-invoicing, mis-declaration and over-invoicing would now be processed under Anti-Money Laundering Act also. First case has been lodged against M/s Megaplus Pakistan, wherein the authorities are determining the means of illegal transfer of funds from Pakistan. Ministry of Finance has reportedly assigned Directorate of Post Clearance Audit (PCA) and its high profile…

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