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Author Archives: Sohail Rab

R&D Section of Appraisement-East, importer lock horns over import of gum

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KARACHI: The matter of clearing a consignment has become the bone of contention between the Research and Development (R&D) Section of MCC-Appraisement (East) and importer M/s B&R Enterprises, it is learnt. The R&D Section of MCC-Appraisement (East) has put hold on a consignment containing “Indolenz”, thicker substance than gum, while the importer M/s B&R Enterprises claimed that they imported gum ... Read More »

Collector Export Manzoor makes Form-E, bank statement a must for goods export

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KARACHI: The Model Customs Collectorate-MCC (Export) has made the attachment of Form-E and bank statement along with the Goods Declaration (GD) mandatory in terms of exporting the consignments. The initiative was taken by Collector-MCC (Export) Manzoor Hussain Memon with a view to making the export transparent through Pakistan Customs process and ensuring influx of foreign exchange into the national exchequer. ... Read More »

Customs Audit unveils another Rs 50m alleged irregularities by telecom companies

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KARACHI: The Directorate General of Internal Audit-Customs has further established Rs50million audit paras in telecommunication sector against the prominent telecommunication companies i.e. M/s Mobilink (Pakistan Telecommunication), M/s Zong and M/s Telenor and sent those to the field formation Collectorates including MCC-Lahore, MCC-Rawalpindi, MCC-Appraisement (East), MCC-Appraisement (West) and MCC-Port Muhammad Bin Qasim for further proceedings. The Directorate General of Internal Audit-Customs ... Read More »

Customs Adjudication I&II to decide pending cases until year end

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KARACHI: The authorities concerned of both the Collectorates of Customs Adjudication-I and II are making efforts to take-up and decide those cases on priority basis which would be expired by the end of this year i.e. 2014, as the cases would reach the extension limit of 90 days by the end of December 31. The impeccable sources informed Customs Today ... Read More »

KPT employees threaten to besiege Sindh Governor’s House if son-quota not restored

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KARACHI: The son-quota restoration movement of Karachi Port Trust (KPT’s) employees has threatened to besiege the Sindh Governor House in case of non-fulfillment of their demands. The decision was taken in a meeting convened by president of KPT son-quota restoration movement Lala Nazeer. According to details, the sit-in protest of “Son-Quota Restoration Movement” of Karachi Port Trust (KPT) employees has ... Read More »

Rift widens among Appraisement-East officials in tracing tax evasion cases

COURT-Scale

    KARACHI: The affairs of detecting fraud cases in terms of tax evasion in the Model Customs Collectorate (MCC) Appraisement-East has been complex with every passing day, as the rift between the officials is widening, it is learnt. Sources informed Customs Today that the high-ups of the collectorate were discouraging the officials to make contravention reports in connection with ... Read More »

Collector Export Manzoor: Audit of exporters availing facility of duty taxes remission initiated

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KARACHI: The Model Customs Collectorate Export has initiated audit of exporters who are availing Duty Taxes Remission on Export (DTRE) facility on export of their consignments. This was revealed by MCC-Export Collector Manzoor Hussain Memon while talking to Customs Today exclusively. The Collector-MCC Export Manzoor Hussain disclosed that around 60 to 70 cases of non-submission of DTRE cases have been ... Read More »

FBR urges collectorates, customs intelligence to jointly examine motorcycle spare parts

Motorcycle spareparts

KARACHI: The Federal Board of Revenue (FBR) has asked the authorities concerned of Pakistan Customs Field Formation Collectorates and Directorate General of Customs Intelligence and Investigation to jointly examine the consignments of motorcycle spare parts in Sindh, it is learnt. According to details, the FBR has issued a letter which read that all the field formation collectorates, including Appraisement-East, Appraisement-West, ... Read More »

ONO to be issued against Coca Cola in Rs 90m tax evasion case

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KARACHI: The Collectorate of Customs Adjudication-I is going to issue Order-in-Original (ONO) against  M/s Coca Cola Export Corporation (Pvt) Limited in its alleged involvement in evasion of legitimate duty/taxes, Federal Excise Duty (FED), sales tax and income tax amounting to approximately Rs 90 million. The case was constituted by the Model Customs Collectorate-MCC Appraisement (West) in which it stated that ... Read More »

KTBA condemns TTP for killing innocent schoolchildren

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KARACHI: The Karachi Tax Bar Association (KTBA) strongly condemned the banned terrorists outfit Tehreek-e-Taliban Pakistan (TTP) for killing 140 people, including 130 schoolchildren in Peshawar on Tuesday. A meeting was chaired by KTBA President Syed Wasim Hashmi in this regard. Committee members and former bar presidents were also present. During the meeting, the KTBA demanded that the government take measures ... Read More »

Karachi markets remain closed to mourn Peshawar attack

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  KARACHI: All main markets, shopping centres and bazaars remained close on Wednesday on the call of All Karachi Traders Association and Anjuman-e-Tajraan Karachi to mourn the killing of 140 schoolchildren in terrorist attack on Peshawar school on the other day. The traders’ unions took the decision to express solidarity with the grieving families who lost their love ones in ... Read More »

Officials ‘ignore’ Collector Saleem’s directions regarding renovation

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      KARACHI: Officials of Model Customs Collectorate Appraisement-West have half-heartedly implemented Collector Muhammad Saleem’s directions regarding renovation of Appraising Intelligence Branch. It was observed that the renovation/refurbishment work has been completed without bringing necessary changes ordered by Collector Saleem. The offices have been painted while no new furniture and ceiling fans have been inducted during the renovation work. ... Read More »

KTBA condemns killing of innocent schoolchildren

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      KARACHI: The Karachi Tax Bar Association (KTBA) strongly condemned the banned terrorists outfit Tehreek-e-Taliban Pakistan for killing 140 people, including 130 schoolchildren in Peshawar on Tuesday. A meeting was chaired by KTBA President Syed Wasim Hashmi in this regard. Committee members and former bar presidents were also present. During the meeting, the KTBA demanded that the government ... Read More »

IOCO carries strict scrutiny before issuance of certificates to importers

Containers are seen at Naples harbour

    KARACHI: Strict scrutiny process is being carried out by the authorities concerned of Input-Output Co-efficient Organisation (IOCO) before issuance of the final certificates to the importers under SRO-565(I)/2013, Customs Today learnt. IOCO sources revealed that around 100 provisional certificates have been issued to the importers under SRO-565 and the process of issuance the provincial certificates had been started after ... Read More »

Customs officials pray for martyred schoolchildren

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  KARACHI: The officials of Pakistan Customs on Wednesday prayed and read verses from the holy Quran for the children martyred by Taliban terrorists in Peshawar. The prayer service was organised by the MCC-Preventive at 5th floor of Customs House. The customs officials attended the prayer service and prayed for the departed souls. They also expressed their heartfelt condolences to ... Read More »

Customs Audit unearths another Rs20m irregularities in clearance of steel billets

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KARACHI: The Directorate General of Internal Audit-Customs, while continuing its efforts to unearth leaking revenue, has established more audit paras amounting to Rs 20 million in clearance of steel billets and sent a report to the relevant Collectorates, it is learnt here on Tuesday. The Directorate General of Internal Audit-Customs, while following the directives of Director General (DG) Internal Audit-Customs ... Read More »

Appraisement-East to form ‘Post Release Verification Cell’ for audit process

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KARACHI: The Model Customs Collectorate-MCC of Appraisement (East) has decided to form Post Release Verification (PRV) Cell for initiating audit of the leaking amount in clearance of the import consignments during the period between July and December-2014, it is learnt here. Sources informed Customs Today that the authorities concerned of MCC-Appraisement (East) has assigned the task to Additional Collector (ADC) ... Read More »

PRAL to share import, export data with Customs Internal Audit  

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KARACHI: The PRAL, a private firm, which keeps the import and export data of Pakistan Customs while following the directives of Federal Board of Revenue (FBR) Headquarters has agreed conditionally to share import and export data with the Directorate General of Internal Audit-Customs, it was learnt here on Tuesday. The management of PRAL, through a letter, has informed the authorities ... Read More »

130,000 tonnes cargo handled at KPT on Monday

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KARACHI: Over 130,000 tonnes of cargo was handled at the Karachi Port Trust as at 7 am on Monday. A total of 4,158 TEUs were handled and that included 2,445 TEUs of imports and 1,713 TEUs of export. A total of 3,190 containers were handled which included 2,583 loaded containers; 1,422 20-feet and 497 40-feet import containers and 477 20-feet and ... Read More »

APCAA unveils 13-point agenda to facilitate customs agents countrywide

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KARACHI: All Pakistan Customs Agents Association (APCAA) after getting the restoration order by the Sindh High Court (SHC) as a trade body has revealed its 13-point agenda to ensure facilitation to the customs agents countrywide. The top most priorities included in the agenda of APCAA are: to bring all customs agents countrywide at a single platform with consensus in order ... Read More »