Archive July 2020

Here are the income tax rates in Pakistan for year 2022-21

Also Read: What is withholding tax

Important Note:

Please note as for these income tax rates in Pakistan where a persons is not appearing in the active taxpayers’ list, the rate of tax required to be deducted or collected, as the case may be, shall be increased by hundred percent of the rate specified to be deducted or collected. However, these provisions shall not apply on tax collectible or deductible in case of the following sections.

• Tax deducted under section 149
• Tax deducted under section 152 other than sub-section (1), (1AA), (2), (2A)(b) and (2A)(c) of section 152
• Tax collected or deducted under section 154
• Tax deducted under section 156B
• Tax deducted under section 155
• Tax deducted under section 231A
• Tax deducted under section 231AA
• Tax collected under section 233AA
• Tax deducted under section 235
• Tax deducted under section 235A
• Tax collected under section 235B
• Tax collected under section 236
• Tax collected under section 236B
• Tax collected under section 236D
• Tax collected under section 236F
• Tax collected under section 236I
• Tax collected under section 236J
• Tax collected under section 236L
• Tax collected under section 236P
• Tax collected under section 236Q
• Tax collected under section 236R
• Tax collected under section 236U
• Tax collected under section 236V
• Tax collected under section 236X

Pakistan Customs Computerized System (PACCS) is one composed system covering all procedures, activities, and techniques relating to customs and custom tax.

A need for a computerized system was felt to redo and change the entire framework utilizing data Technology and business process reengineering after facing many issues by the Pakistan Customs Administration.


The purpose of the Customs Reform Process was to enhance the organizational performance of Pakistan Customs, transforming it into a modern organization that is performing its duties in the best possible manner and in accordance with international standards. Since international cargo clearance is the core of basic customs, the best way to measure the performance of a customs organization is to measure its dwell time.

KEY HIGHLIGHTS OF THE SYSTEM:

1. It covers the entire field of customs activities.
   
2. PACCS is ONE WINDOW OPERATION according to which declarants do not have to leave the comfort of their office for cargo Clearance from the port over the web anywhere inside or outside Pakistan.
   
3. A concept of a completely paperless environment as all documents except in outer correspondences with specific foundations like the courts are generated by the system without any manual need.
   
4. All information is organized and is redesigned distinctly through specific and committed input points. At the customer end, the information input is through drop-down menus and codes which helps to eliminate input mistakes.
   
5. The exchange of all trade with customary partners is electronic
   
6. Rapid clearance of cargo within 24/7 hours within hours of arrival.
   
7. Self-assess duties and taxes and exclude customs before filing a declaration.
   
8. Online Cargo Clearance Status Report.
   
9. Online and instant duty drop approval
   
10. Electronic filing and refund approval.
    
11. Trouble-free and selective examination based on risk management
    
12. Manifest data online.
    
13. Secure assessment and evaluation condition.
    
14. It is perfect with CSI and ISPS.
    
15. No un-receipted costs.

The above impacts are being accomplished by the ideal utilization of data innovation. In IT phrasing, PACCS has an expert decision-making system.

For more information related to Customs, please visit Customs Basics.

The custom tax in Pakistan is defined as an indirect tax levied on import and export of goods is known as customs duty tax, also classified as import duty and export duty respectively.
Before registering and performing the various customs procedures, it is recommended that individuals familiarize themselves with all the basic concepts related to these procedures. A basic understanding of these concepts will not only ensure that things are done smoothly but also in a consistent manner.

Recommended: Property Tax in Pakistan 2019-20

Pakistan Custom Functions:

Custom tax in Pakistan is entrusted with guaranteeing that the following tasks are done in a lawfully endorsed way:

• Trade Regulator
  
  
• Trade Facilitation
  
  
• Import & Export of legitimate cargo
  
  
• Revenue Collection
  
  
• Preventive (Control of contraband Goods)

TERMINOLOGies and definitions

Account:
“Account” signifies all books, records, correspondence, bank and other budget summaries.

Act:
“Act” means the Customs Act, the Act number IV of 1969 which is agreed on 3^rd March 1969.

Decision authority:
Any authority which is eligible to pass an order under the Customs Act, 1969.

Appropriate officer:
An officer whose specific duties have been assigned under the Customs Act, 1969.

Collector:
“Collector”, “Additional Collector”, “Deputy Collector” and “Assistant Collector “meant a person who collects customs and is designated under Section 3 of the Act to an area of ​​its jurisdiction.

Customs airport /Customs port:
Any airport or port designated by the Board as a customs airport or board for clearance of imported goods in Pakistan.

Duties:
“Duties” means customs duties under the first schedule of the Customs Act, 1969.

Importer:
An importer is a person who imports goods and is responsible for completing the necessary legal import customs clearance procedures and formal commitments upon arrival of the goods in the country.

Pakistan Customs Computerized System(PACCS):
The PACC is a coordinated framework that covers all exercises and procedures identified with customs as defined in clause (IA) of section 2 of the Customs Act, 1969 (IV of 1969).

Vehicle:
Vehicle signifies an engine vehicle, motorcycle, van, microbus, transport, jeep, truck, and tractor with trailer or semi-trailer, etc.


Pakistan Customs is one of the elite cadres of Pakistan’s civil services. It is serving as Pakistan’s border guard against the movement of illicit goods and encourages substandard trade. It gave a significant wellspring of income to the Government of Pakistan as assessments. It also helps protect the domestic industry and boost trade.

Also for your reference, please check out the following documents for more information:
1. Pakistan Customs Tarif 2019-20
2. Fifth Schedule to the Customs Act, 1969 (2019-20)