Access Millions of academic & study documents

Case study Solve with the help of “Risk Management Process”

Content type
User Generated
Type
Study Guide
Showing Page:
1/11
1
Abasyn University
Peshawar
Topic: Case Study of Pakistan Custom
and Solve with the help of “Risk
Management Process
Made By: Nauroz Khan (B.B.A 7
th
)
Preferred By: Sir.Fakhre Alam
Subject: Financial Risk Management
Date: 14/10/2010

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/11
2
Introduction
Custom is a public service organization regulated under the rules of Federal Board of Revenue Pakistan.
Directorate of Customs Intelligence and Investigation was created as an attached department of Revenue
Division on 12th August, 1957 headed by a Director with HQs at Karachi.
Pakistan Customs is the guardian of Pakistan borders against movement of contra band goods and is
facilitator of bona fide trade. It provides a major source of revenue to the Government of Pakistan in the
form of taxes levied on the goods traded across the borders. It also helps to protect the domestic industry,
discourage consumptions of luxury goods and stimulate development in the under -developed areas.
FBR (Federal Board of Revenue):
The Central Board of Revenue (CBR) was created on April 01, 1924 through enactment of the Central
Board of Revenue Act, 1924. In 1944, a full-fledged Revenue Division was created under the M</