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Business

PCDMA asks to revise customs valuation of imported items

The Biz Update5 years ago1 year ago03 mins

Karachi, June 13, 2020: Amin Yousuf Balgamwala, chairman Pakistan Chemicals & Dyes Merchants Association (PCDMA) & former director of Karachi Stock Exchange has expressed deep concern over the not revision of valuation rulings in the customs for many years and demanded that the valuation of imported items be revised immediately keeping in view the value…

International

Amazon removed 1 million items for coronavirus-related price gouging

The Biz Update5 years ago02 mins

Amazon says it has pulled more than 1 million products for price gouging or falsely advertising effectiveness against the coronavirus. This action comes after Wired found sellers gouging the prices of coronavirus-related products, like face masks, or charging people “exorbitant shipping costs,” according to the magazine. The company said in a statement that it has…