Thursday March 18, 2010 
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 Budgets & SROs[1-10 of 11 stories]
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  2010-11   |   Analysis   |   Etc   |   Provincial   |  SROs-Customs   |   SROs-Excise   |   SROs-Sales Tax   |   Suggestions  

Steel pipe manufacturers approach FBR: Customs notices for recovery
KARACHI (August 26, 2010): Some 30 steel pipe manufacturers have approached the Federal Board of Revenue (FBR) against customs' show-cause notices for recovery of millions of rupees customs duty and other levies on import of cold rolled coils (CRC) and hot rolled coils (HRC) of prime quality and availing concessionary rate of 5 percent duty under SRO 565 (1)/2006.



Cigarette makers to compile filter rods production and sales data
ISLAMABAD (August 25, 2010): The Federal Board of Revenue (FBR) has made it mandatory for the cigarette manufacturers to compile comprehensive production and sales data of filter rods to eliminate federal excise duty evasion. The FBR has amended SRO 217(I)/2010 through SRO 811(I)/2010 issued here on Tuesday.



Customs duty on goods' import: FBR revises primary method of valuation
ISLAMABAD (August 20, 2010): The Federal Board of Revenue (FBR) has revised the primary method of valuation of customs duty on the import of goods to determine the authentic price of the items under the valuation process. The board has amended the Customs Rules, 2001 through an SRO(I)/2010 issued here on Thursday.



Public/private bonded warehouses: procedure of warehousing period streamlined
ISLAMABABD (July 03, 2010): The Federal Board of Revenue (FBR) has made mandatory for the ghee/cooking oil manufacturers, availing warehousing facility, that palm oil or olein stored in warehouses should be consumed in the manufacture of goods meant for export within six months from the date of filing of Goods Declaration (GD) or procurement of locally purchased goods.



(CUSTOMS) SRO 249(I)/81
ISLAMABAD (June 06, 2010): Text of (CUSOTMS) SRO 249(I)/81.



(CUSTOMS) SRO 391 (I)/2010
ISLAMABAD (June 06, 2010): Text of (CUSOTMS) SRO 391 (I)/2010.



(CUSTOMS) SRO 441(I)/2010 SRO 392 (I)/2010

ISLAMABAD (June 06, 2010): Text of (CUSOTMS) SRO 392 (I)/2010.




(CUSTOMS) SRO 393 (I)/2010
ISLAMABAD (June 06, 2010): Text of (CUSOTMS) SRO 393 (I)/2010.



(CUSTOMS) SRO 394 (I)/2010

ISLAMABAD (June 06, 2010): Text of (CUSOTMS) SRO 394 (I)/2010.




Duty exemption given on import of ceramic from China
ISLAMABAD (February 24, 2010): The Federal Board of Revenue has announced concessionary rate of customs duty on the import of bathtubs ceramic and other kinds of toilet ceramic from China. According to an SRO.104(I)/2010 issued on Tuesday, the board has exempted import of specified goods into Pakistan from China from customs duties in excess of the specified rates.


 
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The Rupee
Interbank closing rates for dollar on Tuesday.
BuyingRs 86.01
SellingRs 86.06
Dollar crosses Rs 86 mark
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,489.56
KSE-30 Index 9,551.50
KSE-100 Index 9,748.14
LSE-25 Index 3,081.39
ISE-10 Index 2,527.85
Gold Per 10gm 33,985.00
KCA Spot Rate 6,400.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,340.69 1.03
Nasdaq 2,208.89 1.11
S&P 1,091.84 1.15
FTSE 5,407.82 0.60
DAX 6,117.89 0.60
CAC-40 3,643.81 1.11
Nikkei 9,226.00 0.80
H.Seng 21,401.80 0.20
Sensex 18,645.06 0.46
NY Closing
Euro 1.2881
Sterling 1.5346
Swiss Franc 1.0112
Yen 83.7680
Gold 1257.50
Cotton 91.450
Oil 73.84
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklySeptember 02, 2010
Reserves $16.12 bln
 









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