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Home / Author Archives: Shahid Minhas

Author Archives: Shahid Minhas

Global Enterprises case involving 25.5kg gold still pending in IHC

IHC

ISLAMABAD:  The case of 25.5 kilogram gold belonged to M/s Global Enterprises confiscated by Customs Collectorate Islamabad is still pending to be adjudicated by Islamabad High Court for the last four years. Advocate Mazhar Ul Haq Hashmi, representative of petitioner M/s Global Enterprises told Customs Today that Customs Collectorate, Air Fright Unit (AFU) had confiscated 25.5 kilogram gold having worth ... Read More »

FBR announces to increase FED on cement from today

iran-cement_1

ISLAMABAD:  Federal Board of Revenue (FBR) has increased federal excise duty (FED) on cement from Rs 1.25 per kilogram to Rs 1.50 per kilogram, the duty would be effective from today (Friday) under the clauses 3(2), 3(3), 3(19), 3(20), 3(22) 6(11)(a) & 6(11)(b). Sources told Customs Today that FBR has not issued statutory regulatory orders (SROs) for changes in rates ... Read More »

Collector Adjudication Seema Bukhari summons owner of non-duty paid cloth

seema raza

ISLAMABAD: Collector Customs Adjudication Seema Raza Bukhari has summoned the accused in case No. 41/2018 of 1,050 kilograms smuggled cloth. According to notice no, Cus/Coll/Adj/55/2018 issued by Collector Customs Adjudication Seemz Raza Bukhari that the Customs Anti-Smuggling Staff under the supervision of Deputy Director Anti-Smuggling Peshawar in coordination with local police raided dumping ground situated in Karkhano Market Peshawar on ... Read More »

FBR not to involve in tax matter related to Chinese contractor of Neelum-Jhelum Hydropower Company

fbr

ISLAMABAD: Federal Board Revenue (FBR) will not involve in tax matter related to Chinese contractor of Neelum-Jhelum Hydropower Company (NJHPC). According to the official sources, FBR has informed Inland Revenue Department of Azad Jammu and Kashmir to implement the decision of Supreme Court of AJK pertaining to Rs2 billion recovery from a Chinese contractor and FBR does not consider appropriate ... Read More »

FBR needs to collect Rs750b in 40 days

Tax Revenue

ISLAMABAD: Federal Board of Revenue (FBR) has set all time record by generating Rs3,200 billion revenue in just 325 days, while FBR still need to collect Rs750 billion in just 40 days. According to details, FBR collected Rs3,200 billion from July 1, 2017 to May 21, 2018 of Fiscal Year 2017-18; however, FBR had collected Rs2,600 billion in the same ... Read More »

Collector Adjudication Seema Raza summons M/s Ittehad Customs Agency on 30th

seema raza

ISLAMABAD: Collector Customs Adjudication Seema Raza Bukhari has summoned M/s Ittehad Customs Agency TF-131 in contravention case No. 203/2018 of evading surcharge of Rs4.2 million. Failing to appear before the Collector Adjudication panel action will be taken under section 56(1)(9) (14)of the Customs Act 1969. According to show-cause notice no. Cus/Coll/Adj/57/2018 issued by Collector Customs Adjudication, it was reported that ... Read More »

Collector Adjudication Seema Raza summons M/s Ittehad Customs Agency on May 30

customs court adjournes case

ISLAMABAD: Collector Customs Adjudication Seema Raza Bukhari has summoned M/s Ittehad Customs Agency TF-131 in contravention case no. 203/2018 of evading surcharge of Rs4.2 million. Failing to appear before the Collector Adjudication panel action will be taken under section 56(1)(9) (14)of the Customs Act 1969. According to show cause notice no. Cus/Coll/Adj/57/2018 issued by Collector Customs Adjudication it was reported ... Read More »

FBR directs gas distribution companies to clear outstanding dues by May 31

Tax Revenue

ISLAMABAD: Federal Board of Revenue has directed Gas distribution Companies to pay its Rs. 5 billion dues till May 31, 2018. FBR has issued notice to the companies to pay the dues till May 31. According to the details, FBR has directed the gas distribution companies to refrain from delaying the payment of the dues and pay Rs. 5 billion ... Read More »

FBR submits report of taxes on mobile phone users in Supreme Court

Supreme Court

ISLAMABAD: Federal Board of Revenue (FBR) submitted reply in Supreme Court of Pakistan on taxes on mobile users. According to details, Supreme Court of Pakistan has taken a suo-moto on extra taxes enacted on the mobile users and asked FBR to submit detailed report in this regard. FBR has submitted its report in the SC. According to FBR report; Pakistan ... Read More »

Additional Collector Adjudication Imran Ch imposes Rs2.8m penalty on M/s Pak Gulf

IMG_20180516_150925

ISLAMABAD: Additional Collector Customs Adjudication Imran Ahmed Chaudhary has penalized M/s Pak Gulf for causing loss to national exchequer through mis-declaration. The Additional Collector Adjudication told Customs Today that the audit team observed during scrutiny of imported data of M/s Pak Gulf that the company imported its consignments of construction materials and cleared the same from dry port willfully and ... Read More »

FBR Chairman Pasha invites GBCCI members to discuss WeBOC issue

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ISLAMABAD: Gilgit-Baltistan Chief Minister Hafiz Hafeezur Rehman called Federal Board of Revenue Chairman Tariq Mehmood Pasha to discuss issues being faced by the GB traders. According to FBR sources, CM Hafiz Hafeezur Rehman contacted FBR Chairman Tariq Mehmood Pasha via telephone and discussed Gilgit-Baltistan traders’ multiple issues regarding the latest automation system Web-Based One Customs (WeBOC), including repeated shutdowns, which ... Read More »

Deputy Collector Adjudication Khansa issues SCN to owner of non-duty paid goods

ISB DC Khansa Mahmood

ISLAMABAD: Deputy Collector Adjudication Khansa Mehmood Chaudhary issued a show-cause notice with reference to a seizure case no: 111/2018 to the owner of smuggled red chilies. Both the respondents, the owner of smuggled goods/vehicle and Collectorate of Customs Preventive Islamabad, have been directed to furnish the documentary evidence if any and present the oral arguments to substantiate respective position or ... Read More »

ADC Imran Chaudhary imposes penalty of Rs2.9m on M/s Huawei Technology

IMG_20180516_150913

ISLAMABAD: Additional Collector, Customs Adjudication Imran Ahmed Chaudhary has penalized M/s Huawei Technology for attempting to defraud the exchequer through mis-declaration. According to details, Additional Collector, Customs Adjudication Imran Ahmed Chaudhary told Customs Today that the audit team observed during scrutiny of import data of M/s Huawei Technology that it imported its consignments of mobile parts and accessories and cleared ... Read More »

IHC issues notice to Customs I&I on petition filed by M/s Hunbel Tex Private Limited

IHC

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday has issued notice to Customs Intelligence and Investigation Rawalpindi Department on a petition filed by M/s Hunbel Tex Private Limited. According to details, the petitioner submitted that the goods imported by the petitioner company have been detained by the Customs Intelligence and Investigation Rawalpindi for the past more than three months. During ... Read More »

FBR to impose tax on services in Islamabad from FY2019-20

tax

ISLAMABAD: Imposition of “Tax on Services” on multiple services comes within jurisdiction of Islamabad Capital Territory from next fiscal year FY 2019-20. According to FBR sources, the Board will impose sales tax on services comprising public relation services, corporate law consultants, and auction services while the scope of services under Islamabad Capital Territory (Tax on Services) Ordinance, 2001 has been increased considering ... Read More »

‘Kingpin of smugglers’ Dost causing billions of rupees loss to exchequer: RCCI VP Nasir Mirza

dost muhammad

ISLAMABAD:  Appraiser Dost is aide-de-camp to smugglers, putting revenue and institutional image at risk so Pakistan can’t bear burden of such transgressor. These views were expressed by Senior Vice President, Rawalpindi Chamber of Commerce and Industry (RCCI) Mohammad Nasir Mirza while talking to Customs Today. Nasir Mirza has said that Pakistan is facing revenue shortfall, while Dost and his network ... Read More »

Deputy Collector Adjudication Khansa Mehmood hears 191 cases involving Rs53.36m

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ISLAMABAD: Deputy Collector Customs Adjudication, Khansa Mehmood Chudhary adjudicated 191 cases involving Rs53.36 million of duty and taxes during four months. Deputy Collector Adjudication, Khansa Mehmood Chaudhary has told Customs Today that during last four months from January to April 2018, total of 191 cases including non-duty paid vehicles, smuggled cloths, cosmetics, food items, tea, auto parts, electronics and smuggled ... Read More »

Rawalpindi Customs I&I seizes NDP goods worth Rs169.32m in two months

ADC Abdul Waheed Marwat

RAWALPINDI: Directorate of Customs Intelligence and Investigation (I&I) anti-smuggling drives are underway to curb smuggling in the region. Sources told Customs Today that on the special directives of Director I&I Abdul Waheed Marwat, special teams are set up and anti-smuggling crackdown has been launched in the busy markets of Rawalpindi region like Narkari Bazar, Paan Gali, Raja Bazar and surrounding ... Read More »

Customs deploys 11 more officers at AFU to enhance monitoring

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ISLAMABAD: Customs Collectorate has deployed 11 officers in different sections at New Islamabad Airport in order to enhance monitoring and thwart the smuggling attempts. Assistant Collector Headquarters has issued transfer notification of at least 11 customs staff in order to manage the shortage of staff and officers in the newly operational Islamabad Airport. According to the notification, Deputy Superintendent Mohammad ... Read More »

Khaqan Babar, M. Zafar posted as special judges Customs Court, Lahore & Peshawar

court

ISLAMABAD: Federal government has assigned judges to Lahore and Peshawar Special Court of Customs Taxation and Anti-Smuggling on Saturday. According to details, Federal Ministry for Law and Justice has issued transfer and posting notification of two honorable judges. According to notification District and Session judge Khaqan Babar has posted as special judge of Customs, Taxation and Anti-Smuggling Court Lahore, while ... Read More »