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Home / Author Archives: Mahmood Idrees (page 10)

Author Archives: Mahmood Idrees

Wahga Land Freight Unit forms body to audit import record  

Wagah-border

LAHORE: Wahga Border Land Freight Unit (LFU) Additional Collector Beelam Ramzan has formed a five-member committee to audit the import record of the unit. The members of the committee are Import Superintendent Syed TanveerUl Hasan Gillani, Deputy Superintendent M Asghar, Inspector Mehmood Tippu, Inspector Mehmood Ahmad and Inspector Manzar Rahat. According to details, the additional collector has assigned the committee ... Read More »

Pakistan exports Rs 294 million goods to India during Nov 15-21

oxygenate with hydrogen peroxide

LAHORE: Pakistan has exported items worth Rs 294 million to India during November 15-21 to India via Wahga border. As per available documents, Pakistan exported fruits, salt, cement, gypsum, glass and aluminum ores. The country exported 2,928 metric tonnes of fruits (HS code 804-1020) to India worth Rs 139 million. On the other hand, perfumery plants and seeds worth Rs 2 ... Read More »

Pakistan imports items worth Rs 1.127b from India via Wagha

wagha border

LAHORE: Pakistan imported items worth Rs 1.127 billion during November 15-21of current fiscal year from India via Wagha border, while total tax almost Rs 123 million was collected, according to official documents with Customs Today. Pakistan imported tomatoes, garlic, polyethylene, cotton, machinery etc during November 15-21 from India.  Pakistan imported 9,971,859 kilo gram (kg) tomatoes worth Rs 464 million, while Rs 27.8 ... Read More »

FBR to put Rs 20,000 penalty on non-filers of tax returns  

FBR

LAHORE: The FBR has decided to put Rs 20,000 penalty on non-filers of tax returns. It is important to mention here that FBR extended the date for filing the income tax returns till November 21 by giving the more time to taxpayers. According to available detail, there are almost 3.7 million registered taxpayers in the country and 0.4 million taxpayers ... Read More »

Rangers kill two drug peddlers in cross firing at Wagha Border

rangers

LAHORE: The Punjab Rangers killed two alleged smugglers who were trying to cross the Wagha Border into India carrying drugs on Thursday. According to official sources, smugglers opened fire on Rangers who were chasing them at the border. The Rangers returned the fire during which two smugglers were killed on the spot, while another succeeded in crossing the border. The ... Read More »

Appellate tribunal bench II has only one member

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  LAHORE: The Customs Appellate Tribunal bench II is incomplete for more than two years. Sources said that there were two benches in the tribunal to hear appellants and every bench has two members. Customs today learnt that bench I of the tribunal was complete as it has Technical Member Umar Mehdi and Member Ghulam Murtaza Bhatti. On the other ... Read More »

30 upper division clerks to be promoted soon

tax

  LAHORE: The Departmental Promotion Committee of Regional Tax Office (RTO) is likely to be convened shortly for the promotion of 30 upper division clerks (UDCs) to supervisor. Customs Today learnt that Inland Revenue Commissioner Mehmood Aslam has informed all 30 UDCs through a notification to submit their record, including ACR dossiers and assets declaration to the committee. They have ... Read More »

Rs165.64 million tax evasion: Collector Adjudication penalises 9 importers

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 LAHORE: The Lahore Model Customs Collectorate (MCC) adjudication collector has passed orders-in-original (ONO) against traders and companies for their alleged involvement in tax evasion. Customs Today has received details of nine such cases. According to details, the adjudication collector, in the final hearing of the cases, found that International Connecting Traders, Basfa Textile, Nisar Spinning, Shakeel Nasir, Babar Badshah, Sapphire ... Read More »

Traders protest against SRO-608

pti-ends-protest-sit-in-after-assurances-in-karachi-1407444717-1578

  LAHORE: Traders staged a protest demonstration against the imposition of SRO-608 and 16 percent services sales tax. Customs Today learnt that various trader organisations held the protest and closed markets for three hours to show their reservations on the newly imposed taxes by the Federal Board of Revenue (FBR) and Punjab Revenue Authority (PRA). Traders said that burden of ... Read More »

FBR to extend date for filing of income tax returns

FBR

LAHORE: The Federal Board of Revenue is likely to grant a nine-day extension for filing of income tax returns. Customs Today learnt that the FBR was considering to extend the deadline for filing of income tax returns as a good number of taxpayers have not filed their returns so far. Sources said that the board may announce 30 November as extended date in ... Read More »

‘Curb corruption by spending chunk of revenue on staff’

Pakistan customs

LAHORE: Corruption can be eliminated in the Customs Department by spending a chunk of collected revenue for the welfare of staff, an official told Customs Today. On condition of anonymity, the official said that almost four percent of the revenue collections were spent to facilitate the revenue collectors all over the world. He said that such kind of measures helped ... Read More »

FBR’s RTO Lahore re-constitutes departmental promotion bodies

fbr

LAHORE: The Federal Board of Revenue Regional Tax Office (RTO) Lahore has re-constituted two committees vis-à-vis the promotion and selection of the employees from BS 1 to BS 15. The Inland Revenues authorities of RTO have issued a notification bearing the names of the members of the committees to select the employees for the promotions. The RTO issued the notification in the pursuance ... Read More »

Trade at Wagha border restored at 80% level: Pakistan Customs

wagha border

LAHORE: Trade between Pakistan and India via Wagha Border has been restored up to 80 percent after the suicide attack, claimed Model Customs Collectorate (MCC) Preventive Deputy Collector Tauqir Dar. Talking to Customs Today, Mr Dar said that there were some problems on the very next days of the blast regarding the continuation of trade at border.  However, he said, “We continued the trade ... Read More »

Tribunal directs DG Valuation to follow Customs Act

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LAHORE: The Customs Appellate Tribunal Lahore Monday directed the Director General Valuation Karachi to follow the Customs Act while determining the valuation of the goods. The Tribunal accepted the appeal against the impugned Order-in-Review and Valuation Ruling on imported valve passed by the DG Valuation, Customs House Karachi. M/s Nadeem Corporation, M/s Star Corporation, M/s Pioneer Steel Corporation and M/s ... Read More »

WeBOC session concludes at Wahga border

WeBoc1

  LAHORE: The Web-Based One Customs (WeBOC) training session of traders has been completed at Land Freight Unit Wahga border. The Pakistan Customs held the session as WeBOC is going to replace One Customs. Sources said the Pakistan Customs has decided to launch WeBOC to expedite work speed at Wahga border. They said the training of the traders and the ... Read More »

Pakistan exports to India stand at Rs 409 million

wagha border

LAHORE: Pakistan has exported items worth Rs 409 million to India during the first two weeks trading of November via Wagha Border. As per available documents, Pakistan exported fruits, salt, cement, gypsum, glass and formic acid etc to India. Pakistan has exported 5,032 metric ton fruits (HS code 804-1020) to India worth Rs 240 million. On the other hand, perfumery ... Read More »

Preventive Collector Mukkaram Jah reshuffles 10 superintendents at Wahga border

transfers

LAHORE: The Model Customs Collectorate Preventive has transferred and posted as many as 10 superintendents at Wahga border to improve the performance of staff. As per details, the collectorate has reshuffled Attaur Rehman, Bushra Naeem, Muhammad Nasir Minhas and Syed Tanveerul Hassan at Land Freight Unit Wahga border through a notification. At PFC Wahga, the collectorate has posted Manzoor Ahmad ... Read More »

FBR urged to come to cement industry’s rescue

fbr

  APCMA spokesman says increase in power tariff, imposition of duty on imports and restriction on trucks to load cement and coal according to approved axle weight would leave manufacturers with no choice but to pass on these costs to consumers   LAHORE: All Pakistan Cement Manufacturers Association (APCMA) spokesman urged the Federal Board of Revenue (FBR) to save the ... Read More »

FBR to bring brick kiln owners in tax net

Brick kiln - you can see the child (labour) running to hide from the camera!

LAHORE: The Federal Board of Revenue (FBR) has directed the officials all over the country to bring brick kiln owners in tax net. An official said that the FBR has given instructions to all Regional Tax Offices to ensure the filing of tax returns of all brick kiln owners in their jurisdictions. He said that the FBR was enlisting all brick kilns ... Read More »

FBR to set up forensic labs to curb tax evasion

Bajwa

ISLAMABAD: The Federal Board of revenue (FBR) has decided to establish forensic laboratories to purge the country of tax evasion. According to details, initially the FBR would build two forensic laboratories at Lahore and Karachi directorates and later all directorates of the country would be equipped with state-of-the-art labs. The FBR has directed the chief executive officer of Pakistan Revenue Automation Limited ... Read More »