Pakistan’s large-scale manufacturing (LSM) sector witnessed a significant improvement in August 2024, with production increasing by 4.68% compared to the previous month of July.
Pakistan’s exports to Saudi Arabia has surged 47%.During the initial four months of the current financial year, there has been a notable reduction in Pakistan’s trade deficit with Saudi Arabia.
Tens of thousands of dockworkers have launched a strike along the U.S. East Coast on 1st Oct 2024, disrupting major ocean shipping routes and sparking fears of potential shortages and inflation.
State Bank of Pakistan (SBP) on Friday received the first tranche of SDR 760 million (equivalent to $1.0269 billion) from the International Monetary Fund (IMF) under the $7 billion Extended Fund Facility (EFF).
The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to Pakistan. Pakistan will receive the first $1bn of the loan immediately, with the balance to be paid out over the next three years.
International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva has said that Pakistan’s economy “is on a sound path” amid the reforms undertaken by the government. International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva has said that Pakistan’s economy “is on a sound path” amid the reforms undertaken by the government.
Malaysian Prime Minister Anwar Ibrahim is likely to visit Pakistan on October 2-4, 2024. Both sides will also discuss possibility of cooperation in green energy. Cooperation in science and technology, IT, education, export of Pakistani manpower, hiring of Pakistani IT professionals, and recruitment of Pakistani national as security guards will also be dicussed
Pakistan’s trade deficit shrank 33% to $13.167 billion during July-January (7MFY24) on account of a considerable reduction in imports and an increase in exports, data released by the Pakistan Bureau of Statistics (PBS) showed on 20 Sep 2024.
The RUYI Group of China will establish textile parks of international standard in Pakistan. A memorandum of understanding (MoU) to this effect was signed between the Board of Investment (BoI) and RUYI Shandong Group, here on 20 Sep 2024.
Moscow would back Islamabad's bid to join BRICS, a grouping of five emerging economies, announced Russian Deputy Prime Minister Alexei Overchuk on 18 Sep 2024.
We aim to provide all the information and queries pertinent to trading laws in Pakistan especially in context of custom rules and regulations for import and export of the goods.
LAWADAI is an AI ASSISTANT to answer your queries related to Pakistan customs laws and HS/PCT Codes. If you do not find the answer satisfactory, then you can use Search Pakistan Customs Laws where you can search by the keywords, Chapter Number or Section Number.
In the beginning we are providing facilities to get information from Pakistan Customs Act 2023, find the description of HS/PCT codes or HS/PCT code of an item in Search Items by HS/PCT Codes
The basic information regarding importing and exporting goods from Pakistan are available on Import to Pakistan and Export from Pakistan. Information about Incoterms and C&F Agents is also available here.
However, soon we will add more facilities and information about trading and its laws.
ASK THE LAWADAI
- What if use means of short shipment or over shipment for illegal fund transfer?
- To whom should apply to be registered as a user of the Customs Computerized System?
- How the dispute between customs officer and aggrieved person can be resolved?
- Where the cargo is permitted to call or land?
- Who can cancel the port clearance?
To get the most relevant answers, the question should be more specific.
For example "To whom should the bill of coastal goods be presented?" will produce more relevant answers than "To whom should the bill of goods be presented?" if you are interested in coastal goods.
Similarly, "What is the penalty of unloading goods other than customs-port or customs-airport?" will not return any answer. However, if you remove the hyphens from "customs port" and "customs airport" you will get the answer
There are few more examples.
If you receive no reply then try to rephrase your question or just use the keywords like 'rate of duty' or 'bill of coastal goods'.
A number before a word is the legal reference number. To see the reference click on Customs ActIf you think that the reply is not satisfactory then you may Search Pakistan Custom Laws
- Federal Board of Revenue (FBR)
- Ministry of Commerce, Pakistan
- Trade Information Portal of Pakistan (TIPP)
- Karachi Port Trust (KPT)
- Port Qasim Authority (PQA)
- NLC Dry Ports
- Sialkot Dry Port Trust (SDPT)
- Institute of Corporate and Taxation (ICT)
- TRADE ATLAS
- Special Investment Facilitation Cooperation (SIFC)
- Strategic Export Control Division (SECDIV)
- Export Processing Zones Authority (EPZA)
- Trade Development Authority of Pakistan (TDAP)