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Author Archives: Sohail Rab

FBR, Customs high-ups take notice: Importers demand action against ‘corrupt’ PA, Appraiser at Port Qasim

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KARACHI: Following its long-held agenda of wiping out corruption from the country, Customs Today once again strongly raised its voice against the incidents of rampant corruption going unchecked in assessment at Port Qasim by customs officials especially Principal Appraiser Tariq Aziz and Appraiser Zubair. Importers approached Customs Today to take their grievances and problems being faced in the assessment process ... Read More »

Tax rate on non-filer to increase in upcoming budget: Shahid Asad

HEAVY TAX

KARACHI: Shahid Hussain Asad, the Federal Board of Revenue Inland Revenue Policy member, has said that the tax rate on non-filer would be doubled besides there would be no change in tax returns in the upcoming fiscal year budget. He was addressing at a seminar organized by the Institute of Chartered Accountants of Pakistan (ICAP) at a local hotel here ... Read More »

FBR recommends Finance Ministry to eliminate Slab-I in upcoming budget 2015-16

budget

KARACHI: The Ministry of Finance is mulling over to eliminate Slab-1 in the upcoming budget for the fiscal year 2015-16, it is learnt here. The sources informed Customs Today that the Federal Board of Revenue (FBR), in its budget proposals, has recommended the Ministry of Finance to eliminate the Slab-1, as the government will get additional revenue in case of ... Read More »

Importers in the line of fire: PA, Appraiser hamper assessment process at Port Qasim

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KARACHI: The importers and their representatives are now in the line of fire during the process of assessment by the Customs authorities especially Principal Appraiser Tariq Aziz and Appraiser Zubair at MCC-Port Qasim. The importers informed Customs Today that the corruption is rampant at Model Customs Collectorate (MCC) Port Qasim in the process of assessment. According to confirmed information given by some ... Read More »

Appraisement-West: ADC Irfan Wahid vows to resolve issues faced by traders

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KARACHI: The Additional Collector-ADC of Model Customs Collectorate (MCC) Appraisement-West Muhammad Irfan Wahid has said that the Collectorate is ensuring to resolve the issues being faced by the trade community. Additional Collector Muhammad Irfan Wahid while talking to Customs Today at his office revealed that the authorities concerned of the Collectorate in the recent meeting with the delegation of All ... Read More »

Appraisement-West constitutes three-member committee for processing house hiring applications

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KARACHI: The authorities concerned of Model Customs Collectorate Appraisement-West have constituted a three-member committee in order to process the house hiring applications of customs officials of the collectorate. The Establishment Branch of Appraisement-West has also issued an office order in this regard stating that the authorities concerned of the collectorate are going to form a committee comprising three customs officers, ... Read More »

10 inspectors of Hyderabad Customs transferred to Customs Exports at Port Qasim, Gwadar

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KARACHI: The office of the Enforcement-South chief collector through an office order number 04/2015 (CC-ENF-South) has ordered transfer/posting of 10 inspectors of BS-16 from MCC Hyderabad to MCC Exports Port Muhammad Bin Qasim and MCC Gwadar with immediate effect. According to details, Shakeel Ahmed Shaikh (Inspector) has been transferred from MCC Hyderabad to Port Muhammad Bin Qasim-Exports, Muhammad Aijaz Khan ... Read More »

KTBA seeks merger of Sindh Revenue Board into Sindh Tax Ombudsman

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KARACHI: Karachi Tax Bar Association (KTBA) President Muhammad Zubair has sought merger of the Sindh Revenue Board (SRB) into the Sindh Tax Ombudsman Office. In this regard, the KTBA president has written a letter to Sindh Tax Ombudsman Asad Ashraf Malik, stating that the KTBA is the largest tax bar of Pakistan established in 1957. The aim to establish the ... Read More »

Appraisement-West Collector Saleem to present budget proposals before FBR

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KARACHI: Appraisement-West Collector Muhammad Saleem along with Additional Collector (ADC) Nayyar Shafiq are in Islamabad for attending meetings regarding the budget proposals in the Federal Board of Revenue (FBR), it is learnt here. Sources informed Customs Today that Appraisement-West Collector Muhammad Saleem will present the budget proposals prepared by the collectorate before the authorities concerned of the FBR. The sources ... Read More »

Chief Collector commends efforts of Frontier Corps in uprooting menace of smuggling from Balochistan

Nazim Saleem

KARACHI: Enforcement-South Chief Collector Muhammad Nazim Saleem has commended the efforts of Frontier Corps (FC), Balochistan, in uprooting the menace of smuggling from the province. In a letter to the FC inspector general, Enforcement-South Chief Collector Muhammad Nazim Saleem has said that the officials and officers of Frontier Corps have extended their all-out support to the authorities concerned of MCC-Gwadar ... Read More »

Nazim Saleem calls a meeting to review revenue collection performance

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KARACHI: Customs Enforcement-South Chief Collector Muhammad Nazim Saleem has called a meeting of all collectorates of South Region on April 27 (Monday) to review revenue collection performance. The letters from the Chief Collector of Enforcement-South have been issued to the collectorates including MCC-Preventive, MCC Hyderabad, MCC-Gwadar and MCC-Quetta, MCC-Export and MCC Port Muhammad Bin Qasim-Exports. Collector Syed Muhammad Tariq Huda ... Read More »

Collectors Nazim Saleem, Agha Shahid Majeed discuss progress in gold scam case

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KARACHI: Chief Collector-Enforcement-South Muhammad Nazim Saleem on Friday discussed issues pertaining to the gold scam and its export on fake Form-E with the Model Custom Collector (MCC) Port Muhammad bin Qasim (Export) Agha Shahid Majeed. Sources informed Customs Today that the Chief Collector-Enforcement-South Muhammad Nazim Saleem inquired about the current status and progress into gold scam case from the MCC ... Read More »

Importers hail customs’ efforts to resolve issue of examination process at Port Qasim

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KARACHI: Importers had a sigh of relief following the resolution of issues in the examination process by the authorities concerned of Model Customs Collectorate Port Muhammad Bin Qasim. The importers expressed their satisfaction over the examination process at Qasim International Containers Terminal (QICT) by the positive efforts of the authorities concerned of MCC Port Muhammad bin Qasim. They said that ... Read More »

FBR mulling over to withdraw tax exemptions to NGOs, welfare organizations

exemptions

KARACHI: The Federal Board of Revenue (FBR) is mulling over to withdraw tax exemptions and concessions being giving to Non-Governmental Organizations (NGOs), religious and welfare organizations, in upcoming fiscal budget 2015-16 through Statutory Regulatory Orders (SROs). Sources informed Customs Today that all field formation collectorates have submitted their proposals and recommendations in which they suggested the FBR to withdraw the ... Read More »

Businessmen warn govt of massive protest, if water shortage to industrial zones continues

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KARACHI: The industrialists and prominent businessmen including Trade Development Authority of Pakistan (TDAP) CEO SM Muneer, President Federation of Pakistan Mian Muhammed Idrees, Senior Vice-President FPCCI Abdul Rahim Janoo, President KATI Rashid Ahmed Siddiqui, Senator Abdul Haseeb Khan, Chairman Pakistan CNG Association Abdul Sami Khan, Chairman Pakistan Petroleum Dealers Association Malik Khuda Buksh, Chairman Pakistan Towels Manufacturers Association Mehtab-ud-Din Chawla, ... Read More »

Hyderabad: Customs Preventive to launch operation against Iranian petrol, diesel smugglers

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KARACHI: The Model Customs Collectorate-MCC Preventive has sought assistance from MCC-Hyderabad in launching joint operation against smugglers of Iranian petrol and diesel. The sources informed Customs Today that, through a letter, the MCC-Preventive has sought the assistance of MCC-Hyderabad in busting smugglers’ gangs of Iranian petrol and diesel in the country. It is pertinent to mention here that the MCC-Hyderabad performance ... Read More »

Appraisement-West’s AIB report: Bahria Town imports vehicles on fake permission letter

non-customs-paid-vehicles

KARACHI: A team of Appraising Intelligence Branch (AIB/R&D) of Model Customs Collectorate (MCC) Appraisement-West has almost completed its investigation into import of vehicles on forged permission letter of the Ministry of Commerce (MoC). Sources informed Customs Today that a two-member committee — who had gone to Islamabad while following the directives of Collector MCC Appraisement, Muhammad Saleem for investigating the ... Read More »

Right way Trading Company imports solar panels on fake AEDB certificates

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KARACHI: The Model Customs Collectorate (MCC) Appraisement-West Appraising Intelligence Branch (AIB) has completed its investigation regarding the import of solar panels and found that Right way Trading Company use fake certificate of Alternative Energy Development Board (AEDB) while importing the consignments. Reliable sources informed that the AIB team will complete its report during the current week and will present it ... Read More »

Hyderabad Collectorate starts crackdown on fraudulent importers of vehicles

Nazim Saleem

KARACHI: The Model Customs Collectorate (MCC) Hyderabad has initiated crackdown on fraudulent importers, involved in import of vehicles on fake letters and through unfair means. The Additional Collector MCC Hyderabad, Umer Shafiq informed Customs Today that the collectorate while following the directives of Chief Collector Enforcement-South Muhammad Nazim Saleem and Collector MCC Hyderabad, Dr Ahmed Mujtaba Memon has launched a ... Read More »

51MoUs of $46b with China will bring economic stability in Pakistan: TDAP chief

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KARACHI: The Chief Executive Officer (CEO) Trade Development Authority of Pakistan (TDAP) SM Muneer has said that the 51 Memoranda of Understanding (MoU) amounting to $46 billion would definitely bring economic stability in Pakistan and Chinese President visit to country will open doors of opportunities for the people and business community of Pakistan. He expressed these views while addressing a ... Read More »