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Author Archives: Nadir Khan

Smuggling of 15 kg hashish from Afghanistan into Pakistan arrested

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KHYBER AGENCY: The Customs and Khasadar Force foiled an attempt of narcotics smuggling from Afghanistan into Pakistan via Torkham border by recovering 15 kg hashish from two drug smugglers at Pak-Afghan sharing border of Torkham on Wednesday. Political Naib Tehsildar Shams-ur-Rehman told CT that Khasadar troops, performing their routine duties, checked two Peshawar-bound Afghan national passengers. During a thorough search, ... Read More »

MCC Peshawar generates Rs5174.02m in first quarter by excelling its yesteryear’s collection

MCC Peshawar generates Rs5174 02m in first quarter by excelling its yesteryears collection copy

PESHAWAR: The Modal Customs Collectorate Peshawar collected Rs5174.02million in first three months of the new financial year by surpassing its target against the previous showing difference of 24 percent. The statistics say that, under the head of custom duty, the customs house generated Rs1923million in the last three months against Rs1593.92million of the previous year, having a difference of Rs329.40million ... Read More »

Smuggling attempt of 10-kg hashish from Landi Kotal into Peshawar aborted

narcotics

PESHAWAR: An attempt of smuggling of narcotics from Landi Kotal into Peshawar was foiled by Khasadar while recovering 10 kg of hashish from a motor car at Charwazgai checkpoint on Wednesday. Political Tehsildar, Landi Kotal, Tehseenullah said the Khasadar troops stopped a Peshawar-bound vehicle with registration No: SG-985 for checking. During a search, 10 kg of fine quality hashish was ... Read More »

ASO foils attempt to smuggle non duty paid mobiles, foreign currency from Bacha Khan Airport

Hyderabad ASO seizes 63 kg opium on tip off copy

PESHAWAR: Custom anti smuggling squad thwarted a major attempt of mobile smuggling in Hayatabad Phase III and seized mobile phones worth Rs17 million on Wednesday while foreign currency was also recovered at Bacha Khan airport. Sources told Customs Today that on tip off received to Deputy Collector Anti Smuggling Orgaization (ASO) Abdul Shakoor regarding smuggling of mobile phones from Afghanistan ... Read More »

Pak-Afghan border to be closed during Muharram

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PESHAWAR: The authorities have decided to keep the Pak-Afghan border at Kharlachi point in Kurram Agency closed during Muharram-ul-Haram to avoid any untoward incident, officials said. Political Muharrar Zahid Younis told Customs Today that the local administration also imposed a ban on the pillion riding. Besides, curfew would be clamped on the Tall-Parachinar road on 9th and 10th Muharram. Stringent ... Read More »

Peshawar Customs seizes NDP goods worth Rs18m during different crackdowns

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PESHAWAR: The Custom squad in separate crackdown have seized non custom paid goods worth of Rs18 million and shifted the recovered items along with vehicles to respective custom stations. In first crackdown Custom Shergarh station recovered 55 Hyundai generators, wielding Rods 203 cartons, shampoo 21 cartons, Hino truck of total value Rs4.9 million. The total value of goods was Rs4.9 ... Read More »

Recurrent closure of border causes KP exporters big losses despite having export potential

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PESHAWAR: Though the Khyber Pakhtunkhwa has enough potential to export to Afghanistan yet frequent suspension of border causes exporters major losses whenever their containers are stranded on the border. According to an official report of the KP Planning Department, manufacturing in the province is quite diverse. The province produces cigarettes, cement, ceramics, sanitary wares and tiles, cotton textiles, blankets and ... Read More »

So far so quiet for price offer of Jalozai Economic Zone’s plots

Gwadar deep sea port's operation handed over to China

PESHAWAR: Though the launch of the Jalozai Special Economic Zone is just around the corner, the company, tasked with developing industrial estate, has neither announced the `offer price` of plots it plans to sell to investors nor has it finalized the master plan for the estate. The Khyber Pakhtunkhwa Economic Zones Development and Management Company (EZDMC) had published advertisements in ... Read More »

Pak revenue declines as exports to Afghanistan fall due to mistrust and downsizing of NATO forces

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PESHAWAR: The revenue generation is constantly on the decline as Pakistani exports to Afghanistan fell by a significant 27 percent over the past one year, thanks to growing mistrust between the two countries as well as downsizing of NATO presence in the war-ravaged nation. The worsening law and order in Afghanistan over the past months was another factor that contributed ... Read More »

Country’s budget deficit recorded at Rs1.86tr after missing tax collection target

budget dificit

PESHAWAR: After missing the tax collection target, the country’s budget deficit had been recorded at Rs1.86trillion during the last financial year by a wide margin. The government had also missed the non-tax revenue collection target during Fiscal Year 2016-17 mainly due to the non-reimbursement of the Coalition Support Fund (CSF) from the United States. Sources at the RTO Peshawar told ... Read More »

Cement prices lower by Rs10-20 per bag in northern areas due to lesser export

CEMENT

PESHAWAR: Due to low export to Afghanistan and Central Asian republics, the cement prices have declined by Rs10-20 per 50-kg bag to an average of Rs550 from the level of Rs560-570 in northern parts of the country because of multiple reasons. However, prices in southern region remain intact at an average of Rs580 per bag. The market sources told Customs ... Read More »

FBR denies report about faults in online system

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PESHAWAR: Federal Board of Revenue has denied a news report appearing in a section of the press claiming that FBR’s online system underestimates tax liabilities. FBR categorically denies such news as manual calculation made by the assessing officer in the body of manually typed order was not in accordance with the charging provision of Income Tax Ordinance, 2001. The element ... Read More »

Over 15,000 business taxpayers paid no tax in Tax Year 2016

tax evasion

PESHAWAR: The flaws in the country’s weak tax system have been further exposed following the revelation that over 15,000 business taxpayers paid no tax to the Federal Board of Revenue’s (FBR) Inland Revenue Department in the Tax Year TY2016. Sources said that 15,116 companies filed tax returns, which accounts for just over 49pc of all the corporate returns filed this ... Read More »

Pakistan imposes ban on entry of sacrificial animals from Afghanistan

Animals

KHYBER AGENCY: Contrary to the previous years, the Pakistan border security officials imposed a ban on entry of sacrificial animals from Afghanistan via Transit route of Torkham. The tribesmen are of the view that local residents prefer to sacrifice small animals like lamb, sheep and goat to perform Sunnah Ibrahimi on the Eid-ul-Azha but the irrational decision of Pak officials ... Read More »

FBR I&I torches counterfeit cigarettes worth Rs10.20m

cigarettes

PESHAWAR: The Directorate of Intelligence and Investigations FBR has destroyed the Rs10.20 million counterfeit cigarettes in Peshawar. The cigarettes seized for the reasons of the counterfeiting were duly confiscated outright under section 27(1) of the Federal Excise Act 2005. The FBR directorate of IR told media that in continuation of monitoring/ surveillance of non-duty paid cigarettes, the intelligence gathering by ... Read More »

Peshawar Customs aborts attempt to smuggle Gandhara’s antiques

stopsmuggling

PESHAWAR: The MCC Islamabad has thwarted a bid to smuggle the antiques into a country and lodged an FIR and initiated the investigation. A tip-off was received from Collector MCC Islamabad Arslan Subuqtageen that the export consignment cleared vide Sialkot International Container Terminal filed by Leo’s Corporation on behalf of exporter M/s B2B Traders Sialkot was re-examined. Contrary to the ... Read More »

Peshawar Collector Qurban to attend departmental training in Islamabad

Collector Qurban Ali Khan

PESHAWAR: After serving Customs Peshawar for three years, Collector Peshawar Modal Custom Collectorate Qurban Ali Khan transferred from Peshawar owing to his departmental training in Islamabad. Spokesperson MCC Peshawar Fazal Bacha told Custom Today that Qurban Ali Khan leave Peshawar for his departmental training of four months and now it is depend upon Federal Bureau of Revenue that who will ... Read More »

Peshawar Customs generates Rs2.3b by seizing smuggled goods

Peshawar Customs generates Rs2 3b by seizing smuggled goods copy

PESHAWAR: The Custom Collectorate Peshawar generated handsome revenue of Rs2.3 billion under the  head of smuggled goods including vehicles, tyres, petrol, medicines, mobiles phones, generators and other raw materials in last financial year 2016-17. According to the details, the items recovered in previous financial year of 2016-17, include 23 vehicles having value of Rs600 million, 18 vehicles having value of ... Read More »

Peshawar Customs seizes narcotics worth Rs70m, arrested 52 smugglers during FY2016-17

Collector Qurban Ali Khan

PESHAWAR: The Custom Collectorate with collaboration of Anti Narcotics Force seized narcotics of different quality along with heroine and puppy crops worth of Rs70 million besides arresting of 52 persons in last financial year 2016-2017. According to anti smuggling units of Custom House Peshawar 1302 kilogram chars worth of Rs10.4 million recovered from the possession of smuggling operation on cross ... Read More »

BKIA Customs seizes 40 high-tech Samsung Galaxy mobiles

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PESHAWAR: The customs authorities at the Bacha Khan International Airport Peshawar recovered 40 Samsung Galaxy mobile sets which were smuggled into the country without paying customs duty. The accused passenger was arrested on the spot. The passenger was coming from Dubai to Peshawar. After a thorough search of his luggage, the authorities recovered 40 high-tech Samsung Galaxy mobile sets from ... Read More »