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Home / Author Archives: Waqar Ahmed Ansari

Author Archives: Waqar Ahmed Ansari

Appraisement East collects Rs18.435m in twenty days of September

Tax Revenue

KARACHI: The Customs Collectorate of Appraisement East has collected Rs18.435 million under the heads of customs duty, sales tax, income tax and federal excise duty during the 20 days of September. Sources told Customs Today that the Customs Appraisement East collected Rs 8.543 million under the head of customs duty, Rs7.342 million as sales tax, Rs 2.543million under the head ... Read More »

Customs Export serves show cause notices on nine companies during 20 days

Sialkot Excise issues notices to 10000 tax defaulters copy

KARACHI: The Customs Exports has served nine show cause notices on tax defaulters and tax evaders for recovery of dues during first 20 days of September. Sources told Customs Today that Custom Export issued notices to nine companies, including M/s Sardar Garments and  Export Karachi and M/s Rimjhim traders. M/s Sardar garments used wrong Pakistan Customs Tariff (PCT) headings to ... Read More »

Gwadar Customs confiscates non-duty paid goods worth Rs 13.67m during 20 days of September

Deputy Collector Quetta Junaid Mehmood talking with Customs today.

GWADAR: Customs Collectorate Gwadar confiscated various non-duty paid items, including Commercial molding machines, generators, air conditioners, room coolers, imported watches, Iranian diesel, and many other things worth Rs 13.67 million during first 20 days of September. Source told Customs Today that on a tip-off regarding the possible smuggling of narcotics and others items, the Collector Gwadar Junaid Mehmood constituted a team ... Read More »

Customs Preventive collects Rs 5,262.95m in 18 days of September

Tax Revenue

KARACHI: The Collectorate of Customs Preventive has shown outstanding performance during the first 18 days of September. The Collectorate of Customs Preventive has collected Rs 5,262.95 million of customs duty, sales tax, income tax and federal excise duty during the first 18 days of September 2017. Official sources told Customs Today that Customs Preventive generated Rs 1,745 million as customs ... Read More »

Customs Export issues notices to four companies involved in tax evasion

tax evasion

KARACHI: The Customs Exports has issued show cause notices to four factories, M/s Sulemania Garments Karachi, M/s Tufail Shah and Co Karachi , M/s Secure Traders and M/s Samar Knitting to recover evaded tax amounts. According to the details, M/s Sulemania Garments used wrong Pakistan Customs Tariff (PCT) headings to get a consignment of printed lawn, white silk and others ... Read More »

DG Valuation decides to revise VR No. 762/2015 soon

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KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Rulings No 762/2015, it is learnt here. According to the details, Surriya Butt has said that the department is reviewing suggestions from importers to set new prices. She further said that some valuations, which were issued in 2014 and 2015, were being reviewed from ... Read More »

DG Valuation Surriya revises customs values of old & used auto parts

Surraiya Butt

KARACHI: The Directorate General of Customs Valuation has revised the customs values of old and used auto parts vide Valuation Ruling No 1207/2017 under Section 25-A of the Customs Act, 1969. According to the details, customs values of old and used auto parts were earlier determined and notified vide Valuation Ruling No.711/2015 dated 29-01-2015. A representation was received from Customs ... Read More »

Adjudication-I directs M/s Muneeb Sanitary to pay evaded tax of Rs 1.92m

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KARACHI: The Collectorate of Customs Adjudication-I has issued a show-cause notice to M/s Muneeb Sanitary Store for allegedly evading duty and taxes of Rs 1.92 million. According to the show-cause notice, the defaulter company, with active connivance of their clearing agents M/s Magna Shipping agency, imported two consignments of different sanitary items under Pakistan Custom Tariff Heading 9588.2501 and cleared ... Read More »

Gwadar Customs confiscates non-duty paid items worth Rs 12.35m in 17 days

Deputy Collector Quetta Junaid Mehmood talking with Customs today.

GWADAR: Customs Collectorate Gwadar confiscated various non-duty paid items, including hashish, bottles of wines, non-duty paid machinery, air conditioners, room coolers, imported watches and many other things worth Rs 12.35 million in 17 days of September. Source told Customs Today that on a tip-off regarding the possible smuggling of non-duty paid items, the Collector Gwadar constituted a team of Customs ... Read More »

DG Valuation issues Valuation Ruling 1208/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of networking cables vide Valuation Ruling No 1208/2017 under Section 25-A of the Customs Act, 1969. Customs values of networking cables were determined under Section 25A of the Customs Act, 1969, vide Valuation Ruling No.1085/2017, dated 16-03-2017. A representation was received from importer/trader that the values as determined ... Read More »

PCA detects six cases involving revenue of Rs 7.32m in 15 days

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KARACHI: The Directorate of Post Clearance Audit (PCA) has shown outstanding performance during the mid of September and detected six cases involving revenue of Rs 7.32 million. Sources told Customs Today that Directorate of Post Clearance Audit, headed by Director Nadeem Memon, detected cases pertaining to short payment of customs duty and sales tax/ and withholding tax (WHT) because of ... Read More »

Adjudication-II issues show cause notice to M/s Furqan Enterprises due to tax evasion

Customs Adjudication

KARACHI: The Collectorate of Customs Adjudication-II has issued a show-cause notice to M/s Furqan Enterprises for evasion of duty and taxes to the tune of Rs 1.76 million on import of thick paper sheets. According to details, M/s Furqan Enterprises imported consignments of different kind of thick paper sheets  under PCT Heading 3268.9010 and cleared the same with active connivance ... Read More »

Quetta Customs seizes non-duty paid goods worth Rs 10.23m during 15 days of September

Quetta Customs seizes non duty paid goods worth Rs 10 23m during 15 days of Sep copy

QUETTA: Directorate of Customs Intelligence and Investigations Quetta expedited its efforts to thwart any attempt of smuggling. The Collectorate seized smuggled items worth Rs10.23 million in 15 days of September. Sources told Customs Today that confiscated goods included commercial molding machines, commercial generators, Iranian juices, Iranian grease , hashish, plastic powder,  computer accessories, Iranian diesel, brake oil, plastic dana and ... Read More »

Customs Exports directs M/s Shafiq Marble & M/s Hanif Traders to pay evaded taxes

Tax Evasion

KARACHI: The Custom Exports has issued show cause notices to two defaulter companies including M/s Shafiq Marble and Export and M/s Hanif Traders to pay the evaded taxes at the earliest. According to the details, M/s Shafiq Marble and Export Karachi used wrong Pakistan Customs Tariff (PCT) headings to get a consignment of different marble table tops cleared on 22nd ... Read More »

PCA uncovers Rs2.23m tax evasion committed by M/s SS Motors

tax evasion

KARACHI: The Post Clearance Audit (PCA) has detected an evasion of duties/taxes of Rs2.23million by M/s S S Motors, it is learnt. Sources said that M/s SS Motors imported a consignment of motor spray paints under the PCT Heading 3208.9090 and got cleared the same from Customs Appraisement-East through clearing agents M/s Magna Shipping agency. The sources added that the ... Read More »

Customs Adjudication to issue notice to M/s Sufiyan Chemicals for mis-declaration of Rs 1.62m

notice

KARACHI: Collector, Collectorate of Customs Adjudication, has prepared a show-cause notice against M/s Sufiyan Chemicals for allegedly causing the national exchequer a loss of Rs1.62million by way of mis-declaration of classification, it is learnt. According to sources, the PCA Directorate had found that M/s Sufiyan Chemicals imported three consignments of different chemicals and got them cleared by mis-declaring classification of ... Read More »

Customs Exports issues seven show cause notices to tax defaulters & tax evaders for recovery

Notice

KARACHI: During first 15 days of September, the Customs Exports has served seven show cause notices on tax defaulters and tax evaders for recovery of dues. Sources told Customs Today that the factories issued with notices include M/s Nasir Ali and Sons Gharo and M/s Sodaba Fertilizer Hyderabad. M/s M/s Nasir Ali and Sons Gharo used wrong Pakistan Customs Tariff ... Read More »

Karachi Appraisement West receives Rs8952m as all duties and taxes during 14 days of September

revenue - currency

KARACHI: The Customs Collectorate, Appraisement West, has collected Rs8952million under the heads of Customs Duty, Sales Tax, Income Tax and the Federal Excise Duty during 14 days of September 2017. Official sources told the reporter that the Customs Appraisement West generated Rs3147million of Customs Duty, Rs3845million as Sales Tax and Rs1915million of Income Tax while Rs45.1million was received as Federal ... Read More »

Appraisement East collects Rs 16.145m during first 14 days of September

Appraisement East collects Rs 16 145m during first 14 days of Sep copy

KARACHI: The Customs Collectorate of Appraisement East has collected Rs 16.145 million under the heads of customs duty, sales tax, income tax and federal excise duty during the first 14 days of September. Sources told Customs Today that the Customs Appraisement East collected Rs 7.346 million under the head of customs duty, Rs 6,822 million as sales tax, Rs 1,908 ... Read More »

Adjudication-I issues show cause notice to M/s  ZR Traders for evading duty, taxes

tax evasion

KARACHI: The Collectorate of Customs Adjudication-I has issued a show-cause notice to M/s ZR Traders for allegedly evading duty and taxes of Rs 2.42 million. According to the show-cause notice issued to the company, during the scrutiny of import data related to the imports of hard plastic pipes, it was revealed that M/s ZR Traders, with active connivance of their ... Read More »