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FBR mulls three-tier duty system for cigarettes


Business
May 1, 2021
KARACHI: A three-tier system to collect federal excise duty on production and supply of tobacco products has been finalised for reintroduction through Finance Bill, 2021, sources said on Friday.
Federal Board of Revenue (FBR) sources said the matter of massive duty evasion and prevalence of smuggled products had compelled the authorities to find a way to maximise documentation of manufactured products.
They said the tax authorities and stakeholders were mulling re-introduction of a three-tier system. The issue was discussed in detail after capturing all relevant data of the tobacco industry.
At present there are around 41 cigarette manufacturers in the country. However, two companies have 96 percent industry share in payment of duty and taxes. The FBR considered stakeholders’ budget proposals, which explained that existing higher duty and tax rates encouraged evasion and use of smuggled cigarettes. ....

Philip Morris Pakistan , Finance Bill , Finance Act , Philip Morris , பிலிப் மோரிஸ் பாக்கிஸ்தான் , நிதி ர சி து , நிதி நாடகம் , பிலிப் மோரிஸ் ,

Killeen officer involved in deadly shooting moved from administrative leave to administrative duty


Killeen officer involved in deadly shooting moved from administrative leave to administrative duty
Investigation still underway
Posted at 3:26 PM, Apr 29, 2021
and last updated 2021-04-29 17:34:20-04
KILLEEN, TX — The Killeen PD officer who shot and killed 52-year-old Patrick Lynn Warren, Sr. after a psychiatric 911 call has been moved from administrative leave to administrative duty.
Officer Reynaldo Contreras, a five-year veteran of the department, was placed on administrative leave after the January 10 shooting.
According to Public Information Officer Ofelia Miramontez, Contreras will remain on administrative duty until the investigation is over.
Police officers are typically placed on administrative leave following a shooting and not allowed to return to work until taken off leave. Administrative duty means an officer can return to work but is not allowed back on patrol. ....

United States , Reynaldo Contreras , Lee Merritt , Patrick Lynn Warren , Ofelia Miramontez , Public Information Officer Ofelia Miramontez , Officer Contreras , Texas Rangers , Patrick Warren , ஒன்றுபட்டது மாநிலங்களில் , ர்வ்நால்டோ கொன்றேரேஸ் , லீ மெரிட் , பேட்ரிக் லின் வாரன் , அதிகாரி கொன்றேரேஸ் , டெக்சாஸ் ரேஞ்சர்ஸ் , பேட்ரிக் வாரன் ,

To promote confectionary items' exports: FBR raises customs duty drawback


National
April 28, 2021
ISLAMABAD: To facilitate the exporters of confectionery products, the Federal Board of Revenue (FBR) has substantially increased the customs duty drawback on the exports of confectionery items with effect from April 26, 2021.
The Federal Board of Revenue (FBR) has amended the standard duty drawback notification SRO. 212(I)/2009 through a notification issued here on Tuesday.
According to an announcement of the Federal Board of Revenue, “In line with Prime Minister’s Initiative of ‘ Make in Pakistan, FBR has issued SRO 520(I)/2021 dated 26.4,2021 revising duty drawback rates upwards for confectionery items to promote their exports”.
As per SRO 520(I)/2021, the extent of repayment of customs duty on the exports of biscuits has been increased to 0.54 percent of the Freight on Board (FOB) value. ....

Ministry Of Commerce , Federal Board , Prime Minister , Customs Wing , அமைச்சகம் ஆஃப் வர்த்தகம் , கூட்டாட்சியின் பலகை , ப்ரைம் அமைச்சர் , சுங்க சாரி ,

Confectionary items' exports: FBR raises Customs duty drawback


National
April 28, 2021
ISLAMABAD: To facilitate the exporters of confectionery products, the Federal Board of Revenue (FBR) has substantially increased the customs duty drawback on the exports of confectionery items with effect from April 26, 2021.
The FBR has amended the standard duty drawback notification SRO. 212(I)/2009 through a notification issued here on Tuesday. According to an announcement of the FBR, “In line with Prime Minister’s Initiative of ‘ Make in Pakistan, FBR has issued SRO 520(I)/2021 dated 26.4,2021 revising duty drawback rates upwards for confectionery items to promote their exports”.
As per SRO 520(I)/2021, the extent of repayment of customs duty on the exports of biscuits has been increased to 0.54 percent of the Freight on Board (FOB) value. The repayment of customs duty would be 2.56 percent of the FOB value on the exports of hard boiled candies. ....

Ministry Of Commerce , Federal Board , Prime Minister , Customs Wing , அமைச்சகம் ஆஃப் வர்த்தகம் , கூட்டாட்சியின் பலகை , ப்ரைம் அமைச்சர் , சுங்க சாரி ,