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Author Archives: Imran Ali

FBR collects Rs14.7m taxes from 59 people under Asset Declaration Scheme

tax amnesty

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) collected Rs14.7 million taxes from 59 people under Asset Declaration Scheme here on Wednesday. The Federal Board of Revenue managed to collect almost Rs14.7 million taxes under the Asset Declaration Scheme from the Regional Tax Office Multan. The Federal Board of Revenue has displayed banners in the main markets ... Read More »

MTBA demands FBR to extend date for filing of Assets Declaration Scheme until July 31

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MULTAN: Multan Tax Bar Association (MTBA) demanded Federal Board of Revenue (FBR) to extend Assets Declaration Scheme deadline until 31st July. Tax practitioners including members of the Multan Tax Bar Association passed a unanimous resolution about the extension of time for filing of Assets. Multan Tax Bar Association has requested Chairman Federal Board of Revenue Syed Mohammad Shabbar Zaidi that ... Read More »

‘Govt must take action against PQA’s Asad Chandna & QICT’s Junaid Zamir for collecting exorbitant charges’

Khwaja Munir

MULTAN: Illegal Clearance of contraband items and collection of exorbitant demurrage and detention charges from importers with the active connivance of corrupt officials like Port Qasim Authority’s chairman Asad Rafi Chandna and QICT CEO Junaid Zamir is a big question mark on the integrity of maritime affairs ministry. Federal Government must take stern action against these officials to protect the ... Read More »

Multan Customs seizes tyres and Land Cruiser in their different actions

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MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) recovered Rs1.5 million of non-customs paid heavy traffic vehicle’s (HTV) tyres and Toyota Land Cruiser in three different successful actions. Sources told Customs Today that Collector Ambreen Ahmad Tarar has directed Anti-Smuggling Organization to step up crackdown against smuggled goods to curb smuggling in South Punjab and anti-smuggling squad has accelerated actions in ... Read More »

Multan RTO assists 22 people for declaring their assets

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MULTAN: The Federal Board of Revenue (FBR), Regional Tax Office (RTO) asset declaration facilitation cell has assisted further 22 new taxpayers in declaring their hidden assets on Tuesday and collected Rs 4.5 million under Asset Declaration Scheme. According to the details, the Federal Board of Revenue has established a special facilitation cell for the assistance of people who wanted to ... Read More »

Multan ASO seizes Iranian smuggled diesel from Makhdoom Rasheed

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MULTAN: Customs Anti-Smuggling Organization (ASO) impounded passenger bus transporting Iranian origin smuggled diesel oil during action. Sources told Customs Today that Collector Ambreen Ahmad Tarar received information from their source that passenger bus is involved in smuggling of High Speed Diesel (HSD) from Dera Ghazi Khan to Multan. Collector Ambreen formed special teams for taking action against High Speed Diesel ... Read More »

Multan RTO taking all possible measures for broadening tax net

tax revenue

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) is taking all possible measures for broadening of tax net on the directions of prime minister and stern action will be taken against non-filers after 30th June 2019. The prime minister has expressed his concerns over narrow taxation. Chief Commissioner Regional Tax Office Multan and other field formations of ... Read More »

Multan Customs issues tax recovery notice to M/s Thaheem International

Multan Customs issues tax recovery notice to Ms Thaheem International copy

MULTAN: Collectorate of Customs issued recovery notices to defaulter M/s Thaheem International for recovery of Rs11.149 million. Sources told Customs Today the Collectorate issued several recovery notices to M/s Thaheem International which is located in Thaheem Plaza, G -block Shah Rukne Alam Housing Scheme Multan, for payment of recoverable taxes pending from almost one year. The recovery department of Multan ... Read More »

Multan RTO collects Rs129m under Asset Declaration Scheme

Multan RTO collects Rs129m under Asset Declaration Scheme copy

MULTAN: Federal Board of Revenue (FBR), Regional Tax Office (RTO) collected whitened almost Rs.129 million under government’s amnesty scheme for asset declaration so far. According to the details, Federal Board of Revenue have launched tax amnesty scheme for the those taxpayers who want to whiten their black money after the payment of taxes . The Regional Tax Office Multan have ... Read More »

Collection of illegal demurrage & detention charges by Maersk, QICT disturbs importers: Attaur Rehman

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MULTAN: Business community is compelled to pay illegal demurrage and detention charges due to blackmailing of shipping companies including M/s Maersk Pakistan and terminal operator Qasim International Container Terminal (QICT) for clearance of genuine shipments. Collection of unreasonable demurrage and detention charges by shipping companies creates serious issues for importers. It was stated by renowned importer and businessman of South ... Read More »

Multan Customs directs to freeze account of M/s Shujabaad Weaving Mills

freeze

MULTAN: Collectorate of Customs recovery branch has issued attachment warrants of defaulter company namely M/s Shujabad Weaving Mills for recovery of outstanding amount of Rs1.588 million. According to the details, Collectorate has issued several recovery notices to M/S Shujabad Weaving Mills located in Qadirpur Raan for payment of recoverable taxes pending from almost one year. The recovery department of Multan ... Read More »

Multan Customs detects network involved in smuggling of HSD

Multan Customs detects network involved in smuggling of HSD copy

MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) has detected a smuggling network of South Punjab which is involved in the smuggling High Speed Diesel (HSD). Sources told Customs Today that Anti-Smuggling Organization has unearthed a smuggling network involved in smuggling of High Speed Diesel. Multan Customs has seized 5000 litres of HSD in their action few days ago and arrested ... Read More »

Additional Collector Talib issues show cause notice to owner of smuggled vehicle

customs court adjournes case

MULTAN: Customs Adjudication Additional Collector Talib Hussain issued a show cause notice to owner of non-duty paid Mercedez Benz which was brought into country without payment of duty and taxes. According to the details, Deputy Director Khial Muhammad Khan received information about the smuggling of vehicle. He constituted a team under the supervision of Inspector Umer and Inspector Haq Nawaz ... Read More »

Multan I&I seizes smuggled betel nuts from Sadiqabad

Multan I&I seizes smuggled betel nuts from Sadiqabad

MULTAN: Directorate of Customs Intelligence and Investigation (I&I) has seized huge quantity of smuggled betel nuts from Sadiqabad. According to details, Director Customs I&I Asad Raza Rizvi received credible information from source that huge quantity of contraband items will be smuggled through jurisdiction. Director Customs Intelligence alerted the FIU and directed them to enhance monitoring of suspected routes to foil ... Read More »

Multan Adjudication finalizes 71 seizure cases worth Rs116.993m

Multan Adjudication finalizes 71 seizure cases worth Rs116 993m

MULTAN: Customs Adjudication has finalized 71 seizure cases worth Rs116.993 million during the month of May. According to details, Deputy Collector Customs Adjudication has concluded the hearing of 13 seizure cases worth Rs9.700 million. These decided seizure cases involved cloth, auto parts, liquor and other goods. Customs Intelligence and Investigation (I&I) and Anti-Smuggling Organization (ASO) formed these cases in their ... Read More »

ARCA convener Khawaja Yousaf part ways from APTMA

Textile

MULTAN: Alliance of Recognised Chambers & Association of Southern Punjab (ARCA)’s convener Khawaja Muhammad Yousaf has announced to part ways with APTMA. Khawaja Muhammad Yousaf urged upon the government to take all the export-sectors into confidence on the issue of zero rating regime for five sectors. He said that there are more than 15 associations in textile sector. Since APTMA ... Read More »

Multan Customs seizes smuggled Magnesium Powder worth Rs17.5m from DG Khan

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MULTAN: Directorate of Customs Intelligence and Investigation (I&I) seized huge quantity of smuggled foreign Magnesium Powder along with truck worth Rs 17.5 million from Dera Ghazi Khan. According to details, Assistant Collector Javaid Raza received information from its credible source that huge quantity of non-customs duty goods will be smuggled through jurisdiction. Assistant Director alerted its staff and formed special ... Read More »

Multan Customs collects Rs34473.688m from July to May

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MULTAN: Collectorate of Customs collected revenue of Rs34473.688 million against assigned task of Rs45358 million during first eleven months (July-May) of current economic year 2018-19. The Collectorate was assigned different revenue collection targets for customs duty (CD), sales tax (ST), federal excise duty (FED) and withholding tax (WHT) for the on-going year 2018-19. The Federal Board of Revenue had assigned ... Read More »

Multan Customs generates Rs10.05m through auction of confiscated vehicles & goods

Multan Customs generates Rs10 05m through auction of confiscated vehicles & goods copy

MULTAN: Collectorate of Customs generated Rs10.05 million from auction of confiscated vehicles and miscellaneous goods. According to details, Multan Customs conducted public auction of non-customs paid vehicles and various smuggled goods for the month of June at Dry Port Sher Shah. Confiscated vehicles and various goods presented in the auction were seized by Anti-Smuggling Organization in different actions. People from ... Read More »

FBR assigns Rs3960m revenue collection target to Multan Customs for June

FBR assigns Rs3960m revenue collection target to Multan Customs for June copy

MULTAN: The Federal Board of Revenue (FBR) assigned Rs3960 million revenue collection task for the month of June. According to details, Customs Collectorate has been assigned monthly revenue collection target for the last month of the fourth quarter of the fiscal year 2018-19. Multan Customs Collectorate allocated different revenue collection tasks under the head of customs duty (CD), sales taxes ... Read More »