FBR Raises Customs of MG Vehicles by 14.5 Percent
FBR Raises Customs of MG Vehicles by 14.5 Percent In a significant development, the Federal Board of Revenue (FBR) has reportedly bumped up the assessable customs value of the MG SUVs by 14.5 percent over the weekend by means of a ‘Fall Back Method’ as provided under Section 25(9) of the Customs Act, 1969. After the hike, the customs value of the vehicles has gone from $11,632 per unit to $13,314 per unit. Pakistan’s JW SEZ (Pvt.) Ltd. has reportedly become the subject of an audit once ag...
Pvt Ltd Engineering Development Board Federal Board Fall Back Method Customs Act Post Clearance Audit
Source: propakistani.pk