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Author Archives: Mahmood Idrees

FBR RTO-II Lahore to resolve only deferred claims of sales tax refunds from STARR e-system

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LAHORE: Federal Board of Revenue Regional Tax Office-II Lahore has given directions to staff to replicate only partial deferred claims of sales tax refunds from Sales Tax Automated Refund Repository (STARR) e-system. The department will only settle the postponed refund claims while the regular ST refunds will still remain pending at RTO. The refund cases were increasing day by day ... Read More »

Lahore: Employees ask authorities to improve security at RTO

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LAHORE: The employees of the Federal Board of Revenue (FBR) have urged authorities of the Regional Tax Office (RTO) to improve security of the office and employees. The Lahore FBR employees have condemned the terrorist attack at Qila Gujjar Sing Police Line Lahore in whcih innocent people were killed. They said that security conditions were not satisfactory at the office ... Read More »

Lahore RTO-II collects Rs 2.7 billion up to Feb 18, heads toward achieving 100pc target

RTO ofices

LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II has achieved 60 percent target of February. As per available data, RTO-II has collected almost Rs 2.7 billion up to February 18 that is equal to the collections of last month during corresponding period. RTO-II has set the target of Rs 5.1 billion for February 2015. Authorities said that RTO-II ... Read More »

RTO Lahore issues final show cause notices to nine officials

RTO ofices

LAHORE: The Regional Tax Office Lahore has issued final show cause notices to nine employees to counter the allegations leveled against them. The RTO Lahore had issued charge sheet of allegations to 23 persons after the clash between FBR union and administrations on the day of prayer ceremony for martyrs of Peshawar incident. Sources added that authorities have leveled baseless ... Read More »

Trade deficit with India remains Rs 1.72 billion in first half of Feb 2015

Containers are seen at Naples harbour

LAHORE: The trade deficit with India through Wagah Border alone remained Rs 1.72 billion during the first half of February 2015. The amount is more than the corresponding period of the previous month, January. As per detail, the trade deficit remained Rs 1.24 billion during first half of February 2015 during trade between Pakistan and India via Wagah Border. Pakistan ... Read More »

Pakistan imports from India stand at Rs 2.12 billion until first half of Feb

Pakistan Imports Items

LAHORE: Pakistan has imported items worth Rs 2.12 billion during the first half of February 2015 from India via Wagah Border, while total tax was collected Rs 241.7 million during the said period. As per detail, Pakistan imported tomatoes, garlic, polyethylene, ginger, cotton yarn, machinery etc from India during first half of February 2015. Pakistan imported 6290,394 kilo gram (Kg) ... Read More »

Pakistan exports to India stand at Rs 393 million

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LAHORE: Pakistan has exported items worth Rs 393 million to India during the first half of February 2015 via Wagah Border. Pakistan exported fruits, salt, cement, gypsum, glass and aluminum ores, woven fabrics, scrap of rubber, furniture etc. Pakistan has exported 3596 metric ton fruits (H.S code 804-1020) to India worth Rs 168 million. On the other hand, plants and ... Read More »

Pakistan imports items worth Rs 2.12b from India via Wagha Border, Rs241.7m tax collected

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LAHORE: Pakistan has imported items worth Rs 2.12 billion during the first half of February 2015 from India via Wagha Border, while total tax of almost Rs 241.7 million was collected during the said period. As per detail, Pakistan imported tomatoes, garlic, polyethylene, ginger, cotton yarn, machinery etc from India during first half of February 2015. Pakistan imported 6290394 kg ... Read More »

Two deputy commissioners assume charge at RTO Lahore

RTO ofices

LAHORE: Two Deputy Commissioners of the Federal Board of Revenue (FBR) have assumed their charges at the Regional Tax Office on Monday. In pursuance of FBR notification, BS-17 officer Assistant Commissioner-Inland Revenue Naveed Akhtar has relinquished the charge of the post and he has assumed the charge of the post of Deputy Commissioner-IR with one scale promotion to BS-18 here ... Read More »

LFU Wagah to get Internet facility from Cyber net

TECHNOLOGY STOCK

LAHORE: Pakistan Customs Land Freight Unit Wagah is going to get internet facilities from Cyber net as the users are facing problems while using present Internet facilities. An official said the current internet facilities by a renowned company created hurdles for officials as well as for traders and clearing agents. After the computerization of the department, all work was performed ... Read More »

LFU Wagah presents complimentary shields to trainee officers

CustomsLogo

LAHORE: Land Freight Unit Wagah Border Additional Collector Sadia Muneeb and Deputy Collector Tauqeer Dar presented complimentary shields to trainee officers of Civil Services Academy. As per detail, a delegation of trainee officers visited the LFU. Officials said that such tours were conducted for trainee officers to teach them about the functions of different state departments. He added that trainee ... Read More »

Pakistan exports goods worth Rs 978m to India through Wagha Border in Jan 2015

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LAHORE: Pakistan has exported items worth Rs 978 million to India during January 2015 via Wagha Border Lahore. As per available document, Pakistan exported fruits, salt, cement, gypsum, glass and aluminum ores, woven fabrics and scrap of rubber. Pakistan has exported 9479 metric ton fruits (H.S code 804-1020) to India worth Rs 438 million. On the other hand, perfumery plants ... Read More »

Customs collects Rs483m on Rs3.56b imports from India in Jan

wagha-border

LAHORE: Pakistan has imported items worth Rs 3.56 billion during January 2015 from India through Wagha border, while total tax collected upon these imports was Rs 483 million. As per detail, Pakistan imported tomatoes, garlic, polyethylene, ginger, cotton yarn, condensers, machinery etc from India during first month of 2015. Pakistan imported 15685102 Kg tomatoes worth Rs 724 million, while Rs ... Read More »

FBR serves notices on 150 potential taxpayers in Lahore

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LAHORE: Federal Board of Revenue Broadening Tax Base Unit Lahore has issued almost 150 notices to potential taxpayers. Sources said that authorities has instructed the inspectors to make it sure that notices are being served to all non-filers. They added that non-filers were being searched with the coordination of other sub-department of FBR to bring them under tax net. Sources ... Read More »

FBR serves notices on 150 potential taxpayers in Lahore

LAHORE: Federal Board of Revenue Broadening Tax Base Unit Lahore has issued almost 150 notices to potential taxpayers. Sources said that authorities has instructed the inspectors to make it sure that notices are being served to all non-filers. They added that non-filers were being searched with the coordination of other sub-department of FBR to bring them under tax net. Sources ... Read More »

Lahore: FBR serves notices on 150 potential taxpayers

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LAHORE: Federal Board of Revenue Broadening Tax Base Unit Lahore has issued almost 150 notices to potential taxpayers. Sources said that authorities has instructed the inspectors to make it sure that notices are being served to all non-filers. They added that non-filers were being searched with the coordination of other sub-department of FBR to bring them under tax net. Sources ... Read More »

FBR BTB issues 150 notices to potential taxpayers

Business-Taxes-in-Philippines

LAHORE: Federal Board of Revenue (FBR) Broadening Tax Base Unit (BTB) Lahore has issued nearly 150 notices to potential taxpayers here on other day. Sources said that authorities have instructed inspectors to make sure that notices are being served to all potential tax payers. They added that non-filers are being searched with coordination of other sub-departments of FBR so that ... Read More »

Customs Appellant Tribunal dismisses appeal against ONO issued by Adjudication

Tribunal

LAHORE: Customs Appellant Tribunal’s Member Judicial Omar Arshad Hakeem has disposed of the appeal of Al-Zaman Transport Express Service and 17 others appellants against the Order-in-Original (ONO) passed by the Collector of Customs Adjudication Lahore. As per details, Al- Zaman Transport Express Service and 17 other appellants lodged an appeal against the ONO No. 04/2014 passed on December 31, 2013 ... Read More »

DG Shaukat orders unit incharges of WHT zones to submit performance report till 20th

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LAHORE: The Withholding Tax (WHT) zone of Regional Tax Office-II (RTO) has started preparing withholding tax performance report according to revised format to evaluate the performance of heads of each unit, after the instructions from Federal Board of Revenue. Sources said that RTO-II Lahore has almost achieved its set target of Rs 35499 million up to January 2015. Performance of ... Read More »

FBR RTO-II Lahore to resolve only deferred claims of sales tax refunds from STARR e-system

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LAHORE: Federal Board of Revenue Regional Tax Office-II Lahore has given directions to staff to replicate only partial deferred claims of sales tax refunds from Sales Tax Automated Refund Repository (STARR) e-system. The department will only settle the postponed refund claims while the regular ST refunds will still remain pending at RTO. The refund cases were increasing day by day ... Read More »