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Author Archives: Sohail Rab

Field formation collectorates decide to work together to curb smuggling

port qasim

KARACHI: The officials concerned of the field formation collectorates, including Appraisement-West, Appraisement-East and MCC-Port Qasim, have decided to work jointly on reviewing the valuation rulings of some specific items in order to curb smuggling of those items and to surge the import of the country. Sources informed Customs Today that Appraisement-West Collector Muhammad Saleem has directed the authorities concerned of ... Read More »

Chief Collector Nazim Saleem: Issues of rice exporters to be addressed soon

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KARACHI: The Customs authorities held a meeting with the members of Rice Exporters’ Association in order to listen to their issues regarding export of rice to other countries. The meeting was attended by the Chief Collector-Enforcement -South Muhammad Nazim Saleem, Collector-MCC Exports Javed Ghani, Additional Collector-ADC Irfan Javed and others while the office-bearers of Rice Exporters’ Association were also present ... Read More »

Karachi: Collector Adjudication-I reserves judgement into PTCL tax evasion case

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KARACHI: Collector of the Collectorate of Customs Adjudication-I Farid Iqbal Qureshi has reserved the judgement in M/s PTCL tax evasion case after hearings para-wise comments presented by representative of the Customs Intelligence and Investigation Saudul Hassan. Pervez Iqbal Kasi represented M/s PTCL, M/s Ryan Agencies-clearing agent and M/s Huawei Technologies. During the hearing, Saudul Hassan appealed before the Collector of ... Read More »

Compiled copy of ‘Customs Clearance Manuel’ sent to Collector Saleem for review

Collector-MCC-Appraisement-West-Muhammad-Saleem

KARACHI: The Model Customs Collectorate Appraisement-East, Appraisement-West and Port Muhammad Bin Qasim have sent a compiled copy of “Customs Clearance Manual” to the committee head Collector Appraisement-West Muhammad Saleem for reviewing. Sources informed Customs Today that the authorities concerned of field formation collectorates, after finalising their drafts and recommendations regarding the “Customs Clearance Manual”, have forwarded those to the committee ... Read More »

Scrape consignments put on hold by AIB for examination

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KARACHI: The authorities concerned of Appraising Intelligence Branch (AIB) have put a hold on scrape consignments at Karachi International Containers Terminal (KICT) on suspicion of mis-declaration, it is learnt here. Sources informed Customs Today that the authorities concerned of AIB have put on hold two consignments of scrape on doubt of having anything else as per declaration and referred those consignments ... Read More »

Karachi Customs to hear PTCL tax evasion case today

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KARACHI: The Collectorate of Customs Adjudication-I has re-fixed the date of hearing into the tax evasion case linked with M/s Pakistan Telecommunication Company Limited (PTCL) and the officials concerned of the Collectorate has fixed fresh date of May 28, 2015 (today) into the case, it is learnt here. According to details, the authorities concerned of the Collectorate of Customs Adjudication-I ... Read More »

ADC Azhar Hussain Merchant listens to problems of customs agents at KICT

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KARACHI: Additional Collector-ADC IV of Model Customs Collectorate-MCC Appraisement-West Azhar Hussain Merchant on Wednesday held meeting with a delegation of All Pakistan Customs Agents Association-APCAA regarding the issues being faced by the importers’ community in delays and detentions in clearance of the consignments at Karachi International Containers’ Terminal-KICT. The meeting was held at KICT which was chaired by the Additional ... Read More »

Issuance of Form-E: Customs, SBP agree to work jointly for bringing transparency

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KARACHI: The Pakistan Customs, State Bank of Pakistan (SBP) and commercial banks have agreed on work together for bringing transparency in the process of issuance of Form-E for goods declaration for realisation of remittances through the Bank Credit Advice (BCA). Sources informed Customs Today that several meetings among officials of Pakistan Customs, State Bank of Pakistan (SBP) and commercial banks were arranged, ... Read More »

Adjudication-I nominates three staff members for training

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KARACHI: Headquarters Deputy Collector Amanullah Soomro of the Collectorate of Customs Adjudication-I has nominates one official, a steno typist and upper divisional clerk (UDC) to attend the training sessions regarding the courses include data analysis, sorting/filtration and application of formulas in spreadsheets (MS-Excel). According to details, the officials namely Abdul Kalam (Appraising Officer), Muhammad Aslam (steno typist) and Syed Sabir ... Read More »

Swiss envoy prods Pakistani entrepreneurs to multiply exports to his country

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KARACHI: Pakistani entrepreneurs should diversify their business by visiting foreign countries in order to open new avenues for their products. This was stated by the Consul General of Switzerland in Karachi, Emil Wyss, while speaking at a luncheon hosted by Korangi Association of Trade and Industry (KATI) President Rashid Siddiqu in his honour. On the occasion, Switzerland Consul General said that the ... Read More »

FBR suspends DTRE facility of M/s Axact; orders to scrutinise post clearance data

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KARACHI: The Model Customs Collectorate-MCC Exports, on the instructions of the Federal Board of Revenue, has suspended the Duty Taxes Remission on Export (DTRE) facility of M/s Axact—IT company and BOL-TV channel. Sources informed Customs Today that the FBR, through a letter to the Collector-MCC Export Javed Ghani, has directed the collectorate to immediately suspend the DTRE facility availed by ... Read More »

Appraising Intelligence Branch issues notices to importers for evading taxes amounting to Rs 7m

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KARACHI: The Appraising Intelligence Branch (AIB/R&D) has served short recovery demand notices on five importers for their alleged involvement in evading duty and taxes amounting to Rs 7 million on import of surgical instruments through misdeclaration of PCT Heading. The AIB/R&D has issued notices to Molar and Philip, Nasir Trade Company, Ghazi Brothers, Medico Health and Intra Health. Sources informed ... Read More »

Posting of Inland Revenue officials in Customs Dept violates Section (3) of Customs Act, 1969

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KARACHI: The violation of Section (3) of the Customs Act, 1969 is being continued in Customs Department of Federal Board of Revenue (FBR) by the officials of Inland Revenue Services (IRS), it is learnt here. According to details, the Federal Board of Revenue-FBR is deputing the officials of Inland Revenue Services (IRS) in Pakistan Customs Department which is a sheer ... Read More »

Business community hails SBP for cut in markup rate

S.M. Muneer

KARACHI: The Chief Executive Officer (CEO) of Trade Development Authority of Pakistan (TDAP) and patron-in-chief of Korangi Association of Trade & Industry (KATI), S M Muneer, President KATI Rashid Ahmed Siddiqui and Senator Abdul Haseeb Khan have appreciated the decision of State Bank of Pakistan (SBP) for lowering the markup rate by one percent. In a statement issued here on Tuesday, ... Read More »

AIB/R&D uncovers Rs8.9m tax evasion by Adamjee Ltd

Collector-MCC-Appraisement-West-Muhammad-Saleem

KARACHI: The Appraising Intelligence Branch (AIB/R&D) has detected a massive tax evasion (under-invoicing) case amounting to Rs8.9million against the importer M/s Adamjee Limited in import of auto-parts. The sources informed Customs Today that Collector-MCC Appraisement (West) Muhammad Saleem, taking action on the information, the Collector-MCC Appraisement (West) Muhammad Saleem has formed a team supervised by Additional Collector-ADC Nayyar Shafique along ... Read More »

AIB/R&D uncovers Rs8.9m tax evasion by Adamjee Ltd

Collector-MCC-Appraisement-West-Muhammad-Saleem

KARACHI: The Appraising Intelligence Branch (AIB/R&D) has detected a massive tax evasion (under-invoicing) case amounting to Rs8.9million against the importer  Adamjee Limited in import of auto-parts. Sources informed Customs Today that Collector-MCC Appraisement-West Muhammad Saleem, taking action on the information, has formed a team supervised by Additional Collector-ADC Nayyar Shafique along with Principal Appraiser Abdul Qayyum, Appraising Officer (AO) Shair ... Read More »

Appraisement-West to achieve revenue targets by end of current FY 2014-15: ADC Nayyar Shafique

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KARACHI: The Additional Collector-ADC Nayyar Shafique has claimed that the Model Customs Collectorate-MCC Appraisement -West will achieve revenue targets by the end of this month as well as by the end of fiscal year-2014-15 in all heads including custom duty, sales tax, income tax and federal excise duty. Talking to Customs Today at his office, Additional Collector-ADC Nayyar Shafique said ... Read More »

Collector Huda briefs Member Nisar on cell phones’ seizure

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KARACHI: Collector, Model Customs Collectorate Preventive, Syed Muhammad Tariq Huda briefed Member Customs Nisar Muhammad Khan on seizure of 51 cell phone being smuggled into Pakistan at Karachi airport. According to the details, customs official at Jinnah International Airport intercepted a passenger namely as Ajab khan who arrived from Dubai, UAE through Emirates Airlines EK-604, when he tried to get ... Read More »

Unauthorised persons have access to customs confidential data: Sources

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KARACHI: ‘Lapoos’ (unauthorised persons) are a threat to the sensitive and confidential data of the Customs Department, it is learnt here. Sources informed Customs Today that the Federal Board of Revenue (FBR) has confirmed reports that the ‘lapoos’, working openly in Custom House, are transferring some sensitive information to the unauthorised persons by using IDs and password of the customs ... Read More »

Appraisement West tightens security of collectorate, restricts entry of unauthorised persons

KARACHI: The officials concerned of MCC-Appraisement-West, while following the directives of Collector Muhammad Saleem, have decided to tighten the security of the collectorate with a view to restrict the admissions of unauthorised persons in the appraising hall. According to details, the Collectorate has ordered all the customs officials concerned and staff members to restrict the admission of unauthorised persons on ... Read More »