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Home / Author Archives: Nadir Khan

Author Archives: Nadir Khan

FBR releases Rs 120m to upgrade Integrated Transit Trade Management at Torkham

Torkham Border Trade

PESHAWAR: The Federal Board of Revenue (FBR) has released Rs 120 million for Integrated Transit Trade Management System to upgrade Torkham border terminal with latest facilities and better service delivery. Sources said that work on the terminal would start within 45 days and will complete in three years. The project has been named Integrated Transit Trade Management System which will ... Read More »

Peshawar Customs collects Rs12221.67m tax, duties till Feb

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PESHAWAR: The Modal Customs collectorate showed shortfall in various sectors of revenue and collected Rs12221.67 million against Rs13831 million of the previous year seven months target with shortfall of minus 1609.50 million up to February 2017. According to Peshawar Customs House, in head custom duty the house collected Rs4607.91 million against Rs4985.79 million with difference minus Rs377.88 million while the ... Read More »

Afghan Transit Trade Route exporters openly auction off perishable items

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PESHAWAR: Dual closure of main Afghan Transit Route and in a state of compulsion, the exporters have openly auctioned perishable items loaded in the trucks and trailers stranded at the Pak-Afghan border at Torkham for the past many weeks. `We had requested the local vendors and shopkeepers to cooperate with us by buying vegetables and fruits even at half rate ... Read More »

KPCCI president expects govt to reopen Pak-Afghan border by three days

torkham-border-closed-copy

PESHAWAR: Khyber Pakhtunkhwa Chamber of Commerce and Industry President Mohammad Afzal on Friday hoped that government may reopen Pak-Afghan border within next two to three days for trade activities. The government should facilitate traders by sending back loaded containers of medicines and daily used stuff standing on Pak-Afghan border so as to minimize traders’ losses. Thousands of containers have been ... Read More »

Coal importers, exporters demand entry of stranded trucks into Afghanistan

torkham

PESHAWAR: The trader community, dealing in import and export of coal, has demanded the government to allow entry of coal stranded vehicles into Afghanistan and save them from further financial losses. Taking to Customs Today, Coal Traders Association General Secretary Iqbal Yousaf said that around 20,000 ton of coal is loaded on more than 500 trailers and trucks stranded on ... Read More »

Imports, exports badly affected due to closure of Torkham border

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KHYBER AGENCY: Blockage of Torkham border badly affected export and import process besides to suffer layman after the border and security related issues between Pakistan and Afghanistan needs  immediate solution. Thousands of local tribal and businessmen went jobless as all business on the border has been closed down. These views were expressed by Mirajuddin Shinwari, Chairman Clearance Agents Association, Torkham ... Read More »

Afghan transporters stage demo for opening of border

torkham

KHYBER AGENCY: Transporters of Afghan Transit Trade Agreement, stuck up on the Torkham border, staged a protest demonstration on Pak-Afghan border on Thursday. The Pakistan authorities have suspended transportation of commodities and vehicle movements on the border. Dozens of drivers and cleaners, holding black flags, were chanting slogans in favour of their demands. They were of the view that if ... Read More »

Stranded Afghanis throng Pak-Afghan border after its opening

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KHYBER AGENCY: Though trade related activities are banned, however thousands of stranded Afghan citizens crossed the Pak-Afghan sharing border when it was opened on Tuesday after remaining closed for 18 days. The Khyber Rifles official said that following the decision of the government, the Torkham border was reopened at 7:00 am and the Afghan nationals stranded in Pakistan were let ... Read More »

Peshawar Customs collects Rs1413.73m revenue during February

Collector Qurban Ali

PESHAWAR:  Modal Customs Collectorate Peshawar (MCCP) made a total of Rs1413.73 millions revenue collections in February 2017 against Rs2274.27 millions of February 2016 with total difference of minus Rs860.54 million rupees while the difference in percentage was minus 38.08 percent. According to statistical section of Peshawar Customs House during the month of February Rs513.17 million collected under the head of ... Read More »

‘Linking transit trade with politics not in Pak-Afghan interest’

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PESHAWAR: Afghan Trade Commissioner in Peshawar Mirwaiz Yousafzai has said that linking transit trade with the politics is not in the interest of Pakistan and Afghanistan, and urged Pakistani government to reopen Torkham and Chaman border to ease the miseries of traders on both sides. The official said trade has been halting for the last several days amid ongoing tensions ... Read More »

Business halt on Torkham border causes big losses to exchequer

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PESHAWAR: The suspension of all sorts of movement on Pak-Afghan Torkham border has caused millions of monetary losses to national exchequer as trade related activities have completely ceased to run for the seventh consecutive day on Friday. Local tribesmen, associated with various businesses on Torkham border, were of the view that they have been confined to their homes for the ... Read More »

Peshawar Customs collects Rs10807m during first seven months of FY2016-17

Collector Qurban Ali

PESHAWAR: Model Customs Collectorate generated Rs10807million revenue under the head of duties during the last seven months of the ongoing financial year 2016-17. According to details issued by statistical section of Peshawar Customs House Rs4094.74 million were collected under the head of customs duty during the last seven months of the ongoing financial year up to February 2017. Likewise under ... Read More »

FBR to divide Peshawar Customs House into two wings to enhance revenue generation

tax revenue

PESHAWAR: Federal Board of Revenue (FBR) agreed with the officials of Customs House Peshawar to divide customs collectorate into two separate wings comprising preventive and revenue section which aimed to improve the revenue generation and keep check on smuggling activities from Afghanistan. According to the details, the Federal Board of Revenue (FBR) has approved the division and soon a notification ... Read More »

Peshawar Customs foils attempts to smuggle urea, narcotics from Pakistan

Collector Qurban Ali

PESHAWAR: The custom officials foiled a bid to smuggle 300 bags of fertilizer loaded on trucks to Afghanistan and arrested two smugglers. According to the details, the custom officials found 300 bags of urea (50kg each bag) being illegally carried by two trucks at Torkham border in Khyber Agency. Two smugglers were arrested during the action. The custom officials confiscated ... Read More »

Rs12b worth Customs terminal to be set up at Torkham: Collector Qurban

Qurban Ali

PESHAWAR: A modern customs terminal will be established on Torkham border at Rs12billion to provide all possible facilities to exporters and importers. Five billion dollar revenue target has been set from the import and export on the said border in near future. These views were expressed by Collector Customs Peshawar Division Qurban Ali while addressing a representatives’ gathering of the ... Read More »

Customs, FBR using latest technology to facilitate import-export process

Collector Qurban Ali

PESHAWAR: Collector Modal Custom Collectorate(MCC) Qurban Ali said that Pakistan Customs and Federal Bureau of Revenue (FBR) is using digital technology with latest equipment to facilitate the import and export process at various entry/exit points and airports. He said this while addressing a function in Peshawar. He said that the World Customs Organization put the theme of this year as ... Read More »

Peshawar Customs suffers Rs38.47m revenue shortfall during six months

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PESHAWAR: The Modal Customs Collectorate Peshawar (MCCP) generated Rs9195.75million collections under the heads of various duties in the last six months of Financial Year 2016-17 against the previous figure of Rs10178.96million up to January 17, 2017. So the shortfall is Rs38.47milliom and it is 14.53 in percentage. According to statistical section of Peshawar Customs House, the house collected Rs3538.88million against ... Read More »

Issue of non-customs paid vehicles parked in Railway Dry Port to be solved soon: Qurban Ali

Collector Qurban Ali

PESHAWAR: Collector Modal Custom Collectorate Peshawar Qurban Ali Khan said that the matter of illegal non custom paid vehicles parked in railway dry port would soon be resolved and it is depend on court that whether to charge the importer with fines for using the land of railway dry port. Talking to Customs Today Qurban Ali said that these vehicles ... Read More »

Customs, Khasadar forces seizes 900,000 Saudi Riyal

Saudi Riyals at Dhaka airport

PESHAWAR: In a joint operation Customs and Khasadar force have foiled a bid of smuggling of 900,000 Saudi Riyal from Pakistan to Afghanistan by recovering the currency from Afghan citizen at Torkham border on Friday. Naib Tehsildar Passport Torkham,Shams-ul-Islam told Customs Today that on duty Khasadar stopped an Afghan national in routine checking. During the search of the luggage the ... Read More »

ASO earns Rs650m through seizures in six months: Collector Qurban Ali

Collector Qurban Ali

PESHAWAR: Collector Modal Customs Collectorate Qurban Ali Khan said the Anti-Smuggling Organization (ASO), Peshawar, has generated a revenue of Rs 650 million during six months through recovery of smuggled items, currency and gold whereas Rs 1.33 billion was collected by seizing different goods in the whole previous year. Qurban informed Customs Today that due to border management, the smuggled activities ... Read More »