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Author Archives: Mubeen Hussain

FBR registers more than 18.5pc revenue growth during first fours months of FY2017-18


KARACHI: The Federal Board of Revenue (FBR) has continued to display satisfactory performance in the fourth consecutive month of the current financial year and achieved provisional gross revenue collection of over Rs 1,074 billion for the first four months of the fiscal year by recording an increase of around 20.4% over the revenue collected during the corresponding period of last ... Read More »

Only 70pc taxpayers file tax returns till now as IRIS system hits snags

tax returns

KARACHI: As taxpayers are visiting the offices of the Federal Board of Revenue (FBR) in a large number due to the shortage of time to file their tax returns, it jammed and halted the IRIS (Integrated Risk Information System) several times. Sources told Customs Today, that till now only 70 percent taxpayers have filed tax returns on time whereas 30 ... Read More »

Customs Export foils bid to smuggle prohibited drug to Dubai


KARACHI: Model Customs Collectorate Export has foiled a bid to smuggle a huge quantity of prohibited medicines abroad. According to the details, Collector Customs Export Chaudhary Muhammad Javeed, during a news conference at Customs House, said that some exporters are musing the facilities provided by the government and tarnishing the image of the country. He said that the staff of ... Read More »

FBR involves PARCO, OICCI in its drive to outreach potential taxpayers

Picture 1. Meeting with PARCO MD Tariq Rizavi

KARACHI: The Federal Board of Revenue (FBR) has further widened the scope of its ongoing taxpayers outreach programme by consulting the management of PARCO and and the OICCI with a view to create awareness among potential taxpayers. According to the details, the contacts are being made as part of a countrywide exercise started last month by the FBR to reach ... Read More »

Two suspects arrested in raid by Customs I&I and LEAs at KPT, security tightened


  KARACHI: Security at Karachi Port Trust (KPT) has been tightened after a raid  conducted by the law enforcement departments. According to the sources, on the secret information, the Customs Intelligence and other law enforcement departments conducted a raid at KPT, during which a huge quantities of SIM cards as well as the cellular phones were seized. Sources informed Customs ... Read More »

Pakistan Customs team gets 2 gold medals in Muay Thai games


KARACHI: Pakistan Customs is not only playing a vital role to curb smuggling and enhancing revenue generation, but also projecting the real image of the country through healthy activities like sports. Addressing the news conference at the Customs Academy in Federal B Area the Collector Customs Preventive Dr Iftikhar Ahmed said that Pakistan Custom team in the history of the ... Read More »

FBR starts awareness programme to increase filing of income tax returns before deadline

Member FATE FBR Ms. Nausheen Javaid Amjad (middle) holding a meeting with Mrs Carol Ariano (far left) vicepresident HR Agha Khan Medical College in Karachi today.

KARACHI: A team of the Federal Board of Revenue, led by Member Facilitation and Taxpayer Education (FATE) Wing, met the heads of different banks and organizations to raise the number of filing income tax returns before the deadline of October 31, 2017. According to the details, the FBR team continued its meetings with the heads of leading banks and organisations ... Read More »

Customs Preventive foils money laundering bid at Karachi airport


KARACHI: Customs Preventive team has foiled a money laundering bid after taking an action at Karachi airport. According to the details, the staff of the Pakistan Customs Preventive deputed at the departure lounge of the Jinnah International Airport intercepted a citizen and asked for the checking of travel documents as well as the luggage. During the physical search of the ... Read More »

Millions of rupees corruption detected through WeBOC system


KARACHI: Millions of rupees corruption in the National Bank of Pakistan (NBP) Customs House Branch jolts the officers. According to the source, the mega scandal of fraud and corruption has surfaced in the National Bank of Pakistan (NBP) Customs House Branch after which an investigation has started the finding against the heinous crime. The sources informed Customs Today that some ... Read More »

FPCCI to approach president against levy of Regulatory Duty by FBR


KARACHI: Federation of Pakistan Chamber of Commerce and Industry show serious concern over the Regularity Duty imposed by the Federal Board of Revenue (FBR) vide S.R.O. 1035/17. According to the details, a meeting at Federation of Pakistan Chamber of Commerce and Industry FPCCI SC on “Custom” chaired by Mr. Muhammad Arshad Jamal held at Federation House. S.M. Muneer was the ... Read More »

Customs ASO foils bid to smuggle huge quintity of foreign origin liquor


KARACHI: Anti Smuggling Organization (ASO) of Collectorate of Custom Preventive along with Pakistan Maritime Security Agencies (PSMA) during a joint operation conducted at the boat have recovered huge quantity of foreign origin liquor as well as beer. According to the details, Anti Smuggling Organization (ASO) of Model Collectorate Custom Preventive received credible information that huge quantity foreign origin liquor is ... Read More »

Karachi Customs I&I Directorate divided in 2 departments

Sameena Tasleem Zahra

KARACHI: The Regional Directorate of Customs Intelligence and Investigation (I&I) Karachi has been divided into two departments, Hyderabad and Karachi Directorates. Sources told Customs Today that the Karachi directorate will have jurisdiction till Nooriabad whereas the Hyderabad directorate will be able to keep area under its jurisdiction till Sadiqabad. The two Regional Directorates will perform their duties under the supervision ... Read More »

Customs JIT to start probe into mega electronic scandal from today

ADC Abdul Waheed Marwat

KARACHI: The Pakistan Customs will start investigation into a mega smuggling case of electronic items from Monday (today). A Joint Investigation Team (JIT) comprising Customs Intelligence and Investigations (I&I) will kick off the investigations in pilferage of transshipment (TP) consignments by M/s K.K Metal Industry, which has head office outside Montgomery Bazaar, Circular Road, Faisalabad. The sources in the Customs ... Read More »

Customs ASO seizes electronic items worth Rs 160m, arrest two suspects


KARACHI: Directorate of Customs Intelligence and Investigation (I&I) Anti-Smuggling Organization (ASO) has foiled a bid to smuggle a huge quantity of electronic items worth Rs 160 million during a crackdown here. According to the details, an authentic information was received by the Director General of Directorate General Customs I&I Shaukat Ali regarding the smuggling of the electronic items. Reacting to ... Read More »

Customs ASO shows outstanding performance during July

Faisalabad ASO seizes goods valued Rs15 1m in third week of April copy

KARACHI: The Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) has shown tremendous performance during the month of July. The documents received by Customs Today reveal that during the month of July the ASO made 17 seizures case and recovered a huge quantity of contraband items, including Iranian origin high speed diesel. The ASO has also submitted its performance report to ... Read More »

ASO busts huge quantity of Opium, 3 arrested

Hyderabad ASO seizes 63 kg opium on tip off copy

KARACHI: Customs Collectorate of Preventive Anti Smuggling Organization (ASO) recovers 8.85 kilograms of raw opium after a raid at RCD Highway. According to the details, on the tip of higher authorities the staff of Anti Smuggling Organization (ASO) of Customs Collectorate of Preventive contacted the Pakistan Rangers Sindh for a joint raid at the at Moachko Check Point. In a ... Read More »

ASO questioning suspect involved in cigarette smuggling


KARACHI: Customs Intelligence and Investigation (I&I) Anti-Smuggling Organization (ASO) has taken the custody of the smuggled goods worth millions of rupees and registered a case against a suspect, Jahangir Khan, involve in the incident. Source informed Customs Today that the Shersha police station mobile intercepted a truck bearing registration no: KV-5148 and recovered smuggled foreign-origin cigarettes worth millions of rupees. ... Read More »

Customs I&I auctions 14 luxury vehicles, other items


KARACHI: Directorate General of Intelligence and Investigation (I&I) Anti Smuggling Organization (ASO) has issued notices to all the bidders and purchasers regarding the auction at Directorate’s State Warehouse as per schedule no 07/2017. The goods which are being put for auction at the State Warehouse include leftover, rejected and fresh lots of goods as well as luxury vehicles. The auction ... Read More »

ASO seizes mobile phones worth Rs 13.2m


KARACHI: Customs Intelligence and Investigation (I&I) Ant- Smuggling Organization (ASO) has foiled a bid to smuggle a huge quantity of mobile phones in different cities. The Director General of Directorate General I&I Shaukat Ali received information about smuggling of electronic items in a huge quantity.Under the guidance of the director general, the director I&I constituted a team headed by Senior ... Read More »

237 customs sepoys complete first phase of training in Quetta


QUETTA: The newly recruited 237 sepoys have completed the first phase of their training at the Quetta training center. On the recommendations of the Federal Board of revenue (FBR), the newly recruited customs sepoys are getting physical training at the Quetta training center under the supervision of the Frontier Corps (FC) Balochistan. Source told Customs Today that newly recruited sepoys ... Read More »