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Author Archives: Waqar Ahmed Ansari

DG Valuation revises customs values of suitcases

File 5 VR

KARACHI: The Directorate General of Customs Valuation revised the customs values of suitcases (soft & hard) of low-end brands thrugh  Valuation Ruling No: 1341/2018 under Section 25A of the Customs Act-1969. According to the details, the customs values of suitcases (soft & hard) of low-end brands were determined vide Valuation Ruling No. 915/2016 dated 25-08-2016. Since the valuation ruling was ... Read More »

Gwadar Customs seizes huge quantity of electronics goods worth Rs6m

gwadar-customs-collects-rs-11-885-5m-during-first-half-of-fy2016-17-copy

GWADAR: Collectorate of Customs team seized huge quantity of electronics accessories include juicer blenders, charging items, (fans, LED lights) extra worth Rs 6 million including vehicle being used for smuggling. Sources told Customs Today  on 16-11-2018 that Deputy Collector Junaid Mehmood received secret information that some smugglers are trying to smuggle electronics accessories include juicer blenders, charging items, (fans, LED lights) ... Read More »

Sales tax mega scandal: SRB Commissioner vows stern action against Maersk Line

intr

KARACHI: Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said that stern action would be taken against M/s Maersk Pakistan (Pvt) Ltd after completion of audit by the Board as it is found that the company ‘evaded’ sales tax on services worth billions of rupees. Talking exclusively with Customs Today, Amir said that the Board will definitely issue a show ... Read More »

Quetta I&I foils bid to smuggle white crystal plastic dana worth Rs7.80m

MCC Quetta goes profitable with Rs511m of all taxes during 15 days copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle white crystal plastic dana worth Rs 7.80 million during special checking on Wednesday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle white crystal plastic dana from Quetta to Afghanistan. He constituted a raiding team under the supervision of ... Read More »

Gwadar Customs seizes huge quantity of non-duty paid electronics accessories worth Rs6m

Gwadar Customs foils bid to smuggle non duty paid goods worth Rs9 50m copy

GWADAR: Collectorate of Customs team seized huge quantity of electronics accessories included juicer blenders, charging items, fans, LED lights extra worth Rs 6 million including vehicle being used for smuggling. Sources told Customs Today  on Wednesday morning that Deputy Collector Gawadar Junaid Mehmood received secret information that some smugglers are trying to smuggle electronics accessories including juicer blenders, charging items, (fans, ... Read More »

Quetta I&I seizes non-customs paid cosmetics worth Rs6m

Quetta I&I foils bid to smuggle NDP goods worth Rs7 88m copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle non-duty paid cosmetic items including branded face powder, lipsticks, dryer machines, branded shampoos and soap worth Rs6 million. Sources told Customs Today on 12.11.2018 that Director Customs Intelligence and Investigation Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle non-custom paid cosmetic items including branded face ... Read More »

Customs to start WeBOC system at EPZ soon

WeBoc

KARACHI: Collectorate of Customs Export is all set to implement WeBOC module in Export Processing Zone (EPZ) from next week as all the stakeholders have consented automation of the process and transportation of goods between container terminals and the zone in bonded carriers. Sources told Customs Today that the implementation of WeBOC module for EPZ consignments and all transportation of ... Read More »

Customs Today exposes Maersk sales tax mega scam, SRB starts audit

SRB Khalid Mehmood

KARACHI: Pakistan’s biggest ever fraud of sales tax is exposed by Customs Today where M/s Maersk Pakistan (Pvt) Ltd has evaded billions of rupees sales tax in terms of services provided to its local clients. After Customs Today unearthed this mega scam of sales tax, Chairman Sindh Revenue Board (SRB) Khalid Mehmood has finally decided to conduct audit of Maersk ... Read More »

DG Valuation directs to review VR No 765/2015

Surraiya Butt

KARACHI: Director-General Customs Valuation Surraiya Ahmed Butt directed Director Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 765/2015 for removing deficiencies in accordance with law and also taking on board the regular major importers as well as the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and Karachi Chamber of Commerce & Industries (KCCI). According to ... Read More »

Quetta I&I foils bid to smuggle non-duty paid goods worth Rs9.50m

Quetta I&I foils bid to smuggle NDP goods worth Rs7 88m copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle imported non-duty paid electronics items including refrigerator and washing machine worth Rs 9.50 million during special checking on Friday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle non-duty paid electronic items from Quetta to Karachi to ... Read More »

DG Valuation Surriya directs to review VR No 765/2015

Surraiya Butt

KARACHI: Director-General Customs Valuation Surraiya Ahmed Butt directed Director Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 765/2015 for removing deficiencies in accordance with law and also taking on board the regular major importers as well as the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and Karachi Chamber of Commerce & Industries (KCCI). According to ... Read More »

Quetta I&I foils bid to smuggle chemicals, fertilizer worth Rs9m

Quetta I&I foils bid to smuggle NDP goods worth Rs7 88m copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle imported fertilizers packets and different types of chemicals worth Rs 9 million during special checking on Thursday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle a number of fertilizers packets and different types of chemicals out of Quetta. ... Read More »

Appraisement East collects Rs39981.98m duty, taxes during October

saeed-akram

  KARACHI: Collectorate of Customs Appraisement East collected Rs39981.93 million during the month of October 2018  under head of all duty and taxes. According to details, Appraisement East collected Rs10574.48   million under the head of customs duty (CD), Rs13845.16 million as sales tax (ST), Rs15471.04 as income tax (IT) and Rs91.25 as federal excise duty (FED). Earlier in the month ... Read More »

Appraisement West generates Rs24257.37m during October

Appraisement West generates Rs2425737m during October copy

KARACHI: Collectorate of Customs Appraisement West generated Rs 24257.37    million during the month of October 2018 under the head of all duty and taxes. According to details, Appraisement West collected Rs 24257.37 million in October which includes Rs 13406.18 million under the head of custom duty (CD), Rs 7598.18 million as sales tax (ST), Rs  3148.56 million under the head ... Read More »

DG Valuation Surriya directs to review VR No 861/2016

Surraiya Butt

KARACHI: Director-General Customs Valuation Surraiya Ahmed Butt directed Director Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 861/2016 for removing deficiencies in accordance with law and also taking on board the regular major importers as well as the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and Karachi Chamber of Commerce & Industries (KCCI). According to ... Read More »

Quetta I&I foils bid to smuggle non-duty paid LED TVs & drugs worth Rs6.50m

Quetta I&I foils bid to smuggle nonduty paid LED TVs & drugs worth Rs6 50m copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle imported non duty paid LED TV and drugs worth Rs 6.50 million during special checking on Monday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle non duty paid LED TV and drugs out of Quetta. He constituted a ... Read More »

DG Valuation directs to revise Valuation Ruling No. 987/2016

Surraiya Butt

KARACHI: Director-General Customs Valuation Surraiya Ahmed Butt directed Director Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 987/2016 for removing deficiencies in accordance with law and also taking on board the regular major importers as well as the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and Karachi Chamber of Commerce & Industries (KCCI). According to ... Read More »

Quetta I&I foils bid to smuggle helmets & motorcycle parts worth Rs8m

Quetta Customs seizes huge quantity of narcotics plastic granules copy

QUETTA: Directorate of Customs Intelligence and Investigation foiled a bid to smuggle imported non duty paid helmets and motorcycle parts worth Rs 8 million during special checking on Thursday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle non duty paid helmets and motorcycle parts out of Quetta. He constituted a ... Read More »

Gwadar Customs seizes smuggled mobile phones, digital cameras & copper wire rolls worth Rs7.20m

Gwadar Customs seizes smuggled mobile phones, digital cameras & copper wire rolls worth Rs7 20m copy

GWADAR: Collectorate of Customs team seized huge quantity of non-customs paid mobile phones, digital cameras and copper wire rolls worth Rs 7.20 million including vehicle being used for smuggling. Sources told Customs Today on 31.10.2018 that Deputy Collector Junaid Mehmood received secret information that some smugglers are trying to smuggle huge quantity of mobile phones, digital cameras and copper wire rolls from ... Read More »

SRB suspends sales tax registration of corporate entities

srb

KARACHI: Sindh Revenue Board (SRB) has restrained another 21 taxpayers to render services within the jurisdiction of the province until payment of due liability and compliance with monthly return filing. Sindh Revenue Board suspended sales tax registration of 21 corporate entities on October 28, 2018. The SRB suspended sales tax registration of around 89 taxpaeyrs in last 4 days in ... Read More »