Trends - customs duty - Business Recorder

customs duty

1HFY25 direct tax collection rises 29.4pc YoY

ISLAMABAD: The collection of direct taxes has shown an increase of 29.4 percent during first six months of 2024-25...

Updated 2 days ago

Business & Finance

Medical devices, pharmaceuticals: FPCCI proposes reduction in customs duty on raw materials

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed a reduction in customs...

Published 25 Feb, 2025 07:48am

Business & Finance

FCAS-based Rs96.3bn duty collected in Jan

KARACHI: The Southern Region of Customs Appraisement has collected Rs 96.3 billion customs duty through the Faceless...

Published 02 Feb, 2025 02:58am

Business & Finance

Goods declaration processing: ‘Faceless assessment system reduces time’

KARACHI: Chief Collector Customs Appraisement, Jamil Nasir, announced that the newly implemented faceless assessment...

Published 23 Jan, 2025 07:57am

Business & Finance

Cocoa powder importers fail to claim exemption

LAHORE: The importers of Cocoa Powder have failed to claim exemption under two different notifications...

Published 01 Jan, 2025 03:03am

Business & Finance

FBR allows temporary import of vehicles by tourists

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed temporary import of vehicles by tourists without payment ...

Published 03 Dec, 2024 06:09am

Customs duty in 2023-24: Petroleum sector, imported vehicles top contributors

ISLAMABAD: Two top contributors of customs duty were the petroleum sector and imported vehicles during 2023-24. The...

Updated 11 Nov, 2024 02:40pm

Business & Finance

Import of ‘High Pressure Washer’ to attract zero percent customs duty

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) declared that zero percent...

Published 25 Sep, 2024 08:51am

Tax collection at import stage: share in total collection reduces

ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65...

Updated 23 Sep, 2024 03:24pm

Business & Finance

4G MiFi modem and WiFi modem: 11pc duty applicable on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has ruled that 11 percent...

Updated 21 Aug, 2024 09:34am

MoC says taking efforts to bring down ACD to zero

ISLAMABAD: Commerce Ministry said on Monday it is fighting at the highest level to bring down Additional Customs...

Updated 20 Aug, 2024 08:51am

Business & Finance

Tyre importer secures duty after proving assessment

LAHORE: A tyre importer has secured duty after proving that the customs department has assessed the goods in terms ...

Published 18 Aug, 2024 06:19am

Business & Finance

Non-filers, tax evaders: Data sharing among key stakeholders under way: McKinsey

ISLAMABAD: The global consulting firm, McKinsey & Company Tuesday informed that data sharing among key...

Published 14 Aug, 2024 06:40am

Educational, health institutions: Senate panel tells FBR to give details of tax, duty relief

ISLAMABAD: The Senate Standing Committee on Finance has sought details of the educational and health institutions...

Updated 07 Aug, 2024 08:36am

Misclassification of steel products: FBR urged to recover taxes from importers

ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of...

Updated 07 Aug, 2024 08:00am

Karachi Port: Leakage of Rs1.2trn duty must be plugged: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that tax pilferages such as the leakage of almost Rs1.2...

Updated 25 Jul, 2024 12:21pm

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Import of items under FTAs, PTAs during 2022-23: Major decrease in duty exemptions/concessions witnessed

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed a major decrease in customs duty exemptions/concessions...

Updated 17 Jun, 2024 02:32pm

14-seater sightseeing bus: 30pc duty on electric vehicle import imposed

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed 30 percent customs...

Updated 24 May, 2024 02:28pm

Business & Finance

Customs Dept: Businessmen concerned over anti-smuggling functions

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business community had grievances with the...

Published 23 May, 2024 05:16am

Chocolate ingredient: 20pc customs duty imposed on import

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent...

Updated 09 Apr, 2024 09:45am

Business & Finance

Multivitamins, natural health products: FBR imposes 20pc duty on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) on Wednesday imposed 20...

Updated 28 Mar, 2024 08:48am

Local automobile industry in deep trouble: PAMA

KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted...

Updated 27 Mar, 2024 09:34am

Business & Finance

Scooties for kids: 20pc customs duty imposed

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed 20 percent customs...

Updated 14 Feb, 2024 09:50am

PVC table mats: New customs’ values determined

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has determined new customs...

Updated 06 Feb, 2024 09:53am

FBR CCC’s ruling: Solar DC fan subject to 20pc customs duty

ISLAMABAD: The Customs Classification Committee (CCC) of the Federal Board of Revenue (FBR) has ruled that the...

Updated 06 Feb, 2024 09:52am

Business & Finance

Collectorate of Customs Gwadar surpasses revenue target

QUETTA: Collectorate of Customs, Gwadar has exceeded the assigned revenue target by 114 percent during the first ...

Published 06 Jan, 2024 05:17am

Business & Finance

Availing exemption from RD: Importers of motor spirit fail to establish presence of consignments on the high seas

LAHORE: Importers of motor spirit have failed to establish presence of their consignments on the high seas to avail...

Published 20 Dec, 2023 06:00am

Business & Finance

PSF manufacturer fails to secure blanket cover of law

LAHORE: A polyester staple fibre (PSF) manufacturer has failed to secure blanket cover of the law on protection of...

Published 16 Dec, 2023 05:49am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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