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Home / Author Archives: Sohail Rab

Author Archives: Sohail Rab

Customs Adjudication-I issues ONO against importer KBS Metal Traders, other

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KARACHI: The Customs Collectorate of Adjudication-I has issued Order-in Original (ONO) against importer M/s K B S Metal Traders and clearing agent M/s Unique Enterprises in their alleged involvement in tax evasion of duty/taxes during the import of “compressor scrape”. According to details, Collector Asif Marghoob Siddiqui has issued ONO against the importer M/s KBS Metal Traders and Clearing Agent ... Read More »

Collector Port Qasim chairs meeting over expected grid-lock of imported bulk consignments

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KARACHI: The Collector of Port Muhammad Bin Qasim, Mukarram Jah Ansari has taken immediate steps in order to remove the expected grid-lock of imported bulk consignments at Qasim International Containers Terminal (QICT), it is learnt here. According to details, the Collector called on a meeting of the customs officers including additional collectors and deputy collectors in connection with seeking overall ... Read More »

Customs Export sends final list of exporters rebate claims to FBR

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KARACHI: Collector of Model Customs Collectorate Exports Yaqoob Mako has sent a final list of released funds in share of exporters rebate claims to Federal Board of Revenue (FBR). According to details, the collector has directed the additional collectors and deputy collectors of the collectorate to prepare a list in this regard and release the outstanding rebate claims to the ... Read More »

Collector Appraisement-West holds meeting with KICT delegation over clearance issue

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KARACHI: Collector of Model Customs Collectorate Appraisement-West Dr Farid Iqbal Qureshi has held a meeting with officials of the Karachi International Containers’ Terminal (KICT). During the meeting, the collector told the KICT officials to ensure smooth clearance of the imported containers, adding that the services at the terminal should be improved for the convenience of the importers. Earlier, the importers ... Read More »

Collector Saifuddin Junejo chairs meeting to discuss ways to stop at Karachi-Balochistan border

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KARACHI: Collector of Model Customs Collectorate-Preventive Dr Saifuddin Junejo has held a meeting at his office and discussed ways and means to stop smuggling activities at Karachi-Balochistan border. Sources informed Customs Today that the department has decided to take decisive action against smuggling cartels, adding that Dr Saifuddin Junejo has also asked the officials to utilize all the available resources to bust smuggling ... Read More »

FBR amends SRO 978(I)/2016 of Income Tax Ordinace-2001

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KARACHI: The Federal Board of Revenue (FBR), Revenue Division, Government of Pakistan has amended the SRO 978(I)/2016. According to details, the FBR is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002 in exercise of the powers conferred by the Sub-Section (I) of the Section 237 of the Income Tax Ordinance-2001. In ... Read More »

Customs Adjudication-II asks FBR to extend jurisdiction of Collectorate

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KARACHI: The Collector of Customs Adjudication-II Javed Chaudhry has written a letter to the Federal Board of Revenue (FBR), seeking to enhance jurisdiction of his Collectorate, it is learnt here. Sources informed Customs Today that the Collector appealed the FBR to give extra work to the Collectorate through increasing the jurisdiction of the Collectorate of Customs Adjudication-II. The sources informed ... Read More »

KTBA writes FBR about delay in issuance of ‘exemption certificates’ to taxpayers

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KARACHI: The Karachi Tax Bar Association (KTBA) has written a letter to the Federal Board of Revenue (FBR) in connection with delay in issuance of exemption certificates to the taxpayers. According to details, the KTBA in its letter said that the bar members are facing extreme difficulties in obtaining the “exemption certificates” for the tax year 2016-17. The KTBA said ... Read More »

Absence of Collector Adjudication-I effecting process badly

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KARACHI: The working affairs in the Collectorate of Customs Adjudication-I is being affected badly due to the permanent absence of a Collector. According to details, the serving Collector of Customs Adjudication-I Abdul Basit Chaudhry has went for a leave for one-year, adding that in the absence of the Collector, no one yet to look after the affairs of the Collectorate. ... Read More »

Transporters threatens for countrywide strike from Feb. 4

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KARACHI: The United Transporters Goods Association (UTGA) have threatened the government to accept its demand otherwise they would go for countrywide strike. The UTGA delegation put forward seven demands before the government and demanded for its acceptance immediately. The UTGA demanded the government to allot 500-acre land for truck stand at Northern By-pass, to stop Afghan Transit Trade (ATT) vehicles ... Read More »

Customs asks Interior Ministry to notify it as mainstream “Law Enforcing Agency”

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KARACHI: The Collector of Customs Preventive Syed Muhammad Tariq Huda has revealed that the Pakistan Customs has requested the Federal Interior Ministry to notify Customs as the main stream “Law Enforcing Agency”, as all over the world the Customs is one of the main agency which enforcing the law at coastline of the country. Talking to Customs Today exclusively, the ... Read More »

Collector Tariq Huda to brief media on liquor seizure case today

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KARACHI: Model Customs Collectorate Preventive Collector Syed Muhammad Tariq Huda is going to hold a press conference today at Drug Enforcement Cell, East Wharf regarding liquor smuggling. According to the details, the collector would apprise the media about the huge seizure recently done by the Drug Enforcement Cell of the collectorate. It is pertinent to mention here that the Drug ... Read More »

All field formation Collectorates expedite efforts for achieving revenue targets of  FY 2014-15

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KARACHI: The authorities concerned of all field formation Collectorates i.e. MCC-Appraisement-East, MCC-Appraisement-West and MCC-Port Muhammad Bin Qasim have expedited their full tone efforts in order to achieve or surpass the revenue target set by the Federal Board of Revenue-FBR by the end of fiscal year 2014-15. The sources informed Customs Today that the authorities concerned of all three field formation ... Read More »

Renovation of Eduljee Dinshaw Road stopped due to killing heat wave

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KARACHI: Renovation work of Eduljee Dinshaw Road has been stopped due to scorching heat wave in Karachi in recent days. The sources in Model Customs Collectorate-MCC Preventive informed Customs Today that the authorities concerned have granted leave to the laborers who were working to renovate Eduljee Dinshaw Road due to unbearable heat wave in Karachi. The sources further informed that ... Read More »

FBR introduces new registration module of IRIS to facilitate taxpayers

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KARACHI: Member (IT) and Secretary (IT) FBR, Raana Ahmed has introduced a new module of IRIS for registration of income tax and sales tax during a seminar conducted in collaboration with Karachi Tax Bar Association (KTBA) in auditorium of RTO, Karachi. On this occasion, Raana Ahmed highlighted the various aspects of the new registration module which was launched by the authorities ... Read More »

FTA cell to work for more than 10 hours in Ramazan to facilitate trade bodies

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KARACHI: The Free Trade Agreement (FTA) cell of Model Customs Collectorate Appraisement-East and Model Customs Collectorate Appraisement-West will work more than ten hours in Ramzan to facilitate the trade bodies. As per hand out issued, the FTA cell of the collectorates would work for the facilitation of the trade bodies and business community from 8am to 6.30pm during Ramazan. The ... Read More »

Auditors of Inland Revenue working as Assistant Commissioners in violation of FBR notification

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KARACHI: The violation of the notification No 0871-IR-III/2012, issued by the Revenue Division of the Federal Board of Revenue (FBR), is being witnessed in Input Output Co-efficient Organization (IOCO) of the Customs’ Department for the last one and an half year, it is learnt. According to details, the Revenue Division, through a notification No 1898-M.III/2009 on December 12, 2009, issued ... Read More »

Customs Preventive seeks Oil Marketing Companies help to stop smuggling of Iranian oil, diesel

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KARACHI: The Collector of Model Customs Collectorate-MCC Preventive Syed Muhammad Tariq Huda held a meeting with the main stakeholders of Oil Marketing Companies (OMCs) at his office. During the meeting, the Collector MCC-Preventive SM Tariq Huda urged the managements of the Oil Marketing Companies (OMCs) to ensure that the invoices of those OMCs could not be used in any illegal ... Read More »

CEO TDAP, Chairman KATI express grief over death of 750 people in Karachi

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KARACHI: SM Muneer, Chief Executive Officer (CEO) of the Trade Development Authority of Pakistan (TDAP) and Rashid Ahmed Siddiqui, President of the Korangi Association of Trade and Industry (KATI) have expressed deep grief and sorrow over losses of more than 750 precious human lives due to ‘killer heat-wave’ in Karachi. In a joint statement, they said that this was a ... Read More »

Report finds six customs officials guilty of dubious clearance of vehicles under amnesty scheme

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KARACHI: A complete factual report regarding the Vehicles’ Amnesty Scheme (VAS) scam was sent to the Federal Board of Revenue (FBR) by the committee that was working on the case for the last six months. According to the report, the committee held all six customs officials, including two principal appraisers and four appraisers of Car Group (Group-VII) of the Appraisement ... Read More »