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goods

Limiting value to $1,200: FBR decides to tighten baggage rules

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to tighten baggage rules to check misuse of this facility...

Updated 10 Dec, 2024 03:56pm

Business & Finance

Goods released without redemption fee payment: Customs department challenges adjudicating authority’s decision

LAHORE: The Customs department challenged its own adjudicating authority for releasing consignment without payment ...

Published 26 Sep, 2024 09:21am

Pakistan

Pakistan calls for right of developing countries to access dual-use goods, technologies

ISLAMABAD: Pakistan on Wednesday called for the right of developing countries to access dual-use goods and...

Updated 25 Jul, 2024 07:00am

Input goods for finished items: EFS users required to pay GST on supply: FBR

ISLAMABAD: Manufacturers-cum-exporters (users) of “Export Facilitation Scheme” (EFS) would now be required to pay...

Updated 19 Jul, 2024 10:16am

Gwadar free area, tariff area: FBR allows transactions in PKR

ISLAMABAD: The Federal Board of Revenue (FBR) has permitted business transactions of goods trading between Gwadar...

Updated 09 Jul, 2024 09:31am

RD slapped on 657 luxury goods: 2pc ACD imposed on import of 2,200 items

Regulatory duties imposed within the range of 5 percent to 55 percent on the import of hundreds of items from July 1, 2024

Updated 02 Jul, 2024 01:49pm

Import concessions: FBR unveils updated list of 222 locally-made goods

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday issued an updated list of 222 locally-manufactured goods for...

Updated 07 Jun, 2024 08:42am

Misinvoicing issue: Directorate of Valuation implements ‘LIVE’ System

ISLAMABAD: In order to effectively address the issue of misinvoicing at the import stage, Directorate of Valuation,...

Updated 19 Mar, 2024 09:21am

Business & Finance

Global transport of goods: Red Sea crisis causing severe disruptions

LONDON: The International Maritime Organization (IMO) is working “tirelessly” to solve the Red Sea crisis, which is...

Updated 12 Feb, 2024 08:39am

eFBR portal to be used: FMCG supply chain required to register systems

ISLAMABAD: The supply chain of the Fast Moving Consumer Goods (FMCG) sector would be required to register their...

Updated 11 Feb, 2024 02:08pm

New customs’ values on playing cards determined

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of playing...

Updated 11 Feb, 2024 09:25am

FIA probing ‘corruption’ in DPP

ISLAMABAD: The Federal Investigation Agency (FIA) is probing top brass of Department of Plant Protection (DPP), an...

Updated 22 Jan, 2024 11:47am

FBR probe against PSW concludes: No revenue loss in ‘unlawful’ clearance of $847m goods

ISLAMABAD: A fact-finding inquiry of the Federal Board of Revenue (FBR) against Pakistan Single Window (PSW)...

Updated 19 Jan, 2024 10:00am

Pakistan

4th consignment of relief goods sent for people of Gaza

ISLAMABAD: Fourth consignment from Pakistan consisting of 20 tons of medical and food items reached Jordan....

Updated 15 Jan, 2024 11:03am

Another importer booked for duty evasion

ISLAMABAD: The Customs Collectorate SAPT, Karachi has booked another importer on evasion of duty on import of...

Updated 08 Jan, 2024 09:34am

Pakistan

Importer assails customs dept for not releasing goods

LAHORE: An importer of polymer polyvinyl chloride has proved prejudice behavior of Customs department for not...

Published 28 Dec, 2023 04:52am

Business & Finance

Afghan importer recovers entire sale proceeds

LAHORE: An Afghan importer has got the entire sale proceeds recovered against the goods neither liable to...

Published 26 Dec, 2023 04:30am

New era of Sino-Pak trade ties: First shipment of dried chillies sent to China

ISLAMABAD: The caretaker Federal Minister for Commerce and Industries, Dr Gohar Ejaz, announced a significant...

Updated 20 Dec, 2023 09:21am

Business & Finance

Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty

LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ...

Published 09 Dec, 2023 05:46am

Pakistan

Body to probe smuggling of Afghan transit trade goods

ISLAMABAD: The caretaker government is said to have constituted an inquiry committee to investigate the smuggling of...

Updated 08 Dec, 2023 09:00am

Customs values of various goods changed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of Hot Melt...

Updated 07 Dec, 2023 09:20am

Pakistan

Direct inspections, release of goods: Customs’ agents denounce ‘application of draconian laws’

KARACHI: Sheikh Muhammad Tariq, Vice Chairman of Custom Agents Association, has said that in the intricate dynamics...

Published 28 Nov, 2023 04:57am

Business & Finance

Import of vegetable oil & its products: Massive under-invoicing detected

KARACHI: The Directorate of Customs Intelligence Karachi has detected a massive under-invoicing in the import of...

Published 28 Nov, 2023 04:56am

Business & Finance

Jul-Oct C/A deficit dips sharply

KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal...

Published 21 Nov, 2023 06:01am

Business & Finance

Carbon alloy wire rod: FBR says RD exemption cannot be granted on import

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

Published 04 Nov, 2023 06:00am

Pakistan

Getting goods released on provisional assessment basis: importers accused of violating law

LAHORE: Some importers are allegedly violating law by getting released goods on the basis of provisional assessment...

Published 17 Oct, 2023 05:51am

Business & Finance

High-end brands: New customs’ values on import of colour cosmetics from all origins fixed

ISLAMABAD: The Directorate General of Customs Valuation, Karachi has fixed new customs values on the import of...

Published 12 Oct, 2023 05:57am

Afghanistan transit trade agreement: MoC allows transportation of goods already landed at Karachi

ISLAMABAD: Ministry of Commerce has allowed transportation of fabrics, tyres, black tea, cosmetics, toiletries,...

Updated 05 Oct, 2023 09:43am

Business & Finance

FBR decides to implement IRMS thru PSW

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement an Integrated Risk Management System (IRMS)...

Published 22 Aug, 2023 06:03am

Sale tax law: expert approves of new definition of ‘tax fraud’

ISLAMABAD: The acquirers or possessors (traders) of smuggled/ domestic goods, on which sales tax has not been paid,...

Updated 31 Jul, 2023 09:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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