Saturday , May 26 2018
Breaking News
Home / Author Archives: Waqar Ahmed Ansari

Author Archives: Waqar Ahmed Ansari

Customs Export recovers evaded amount of Rs12.40m from defaulter companies

Tax Revenue

KARACHI: The Customs Export on Friday recovered an evaded amount of taxes and duties of Rs 12.40 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Honey Ceramics & Export availed undue benefits and concessions after importing different consignments ... Read More »

Quetta Customs foils bid to smuggle non-duty paid goods worth Rs9.85m

Quetta Customs seizes 0 12m litre diesel worth Rs8 1m copy

QUETTA: The Directorate of Customs Intelligence and Investigation has foiled a bid to smuggle non-duty paid silk fabric, huge quantity of Iranian blankets, and jewelry worth Rs 9.85 million during special checking. Sources told Customs Today on Friday afternoon, that Director Customs Intelligence and Investigation Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle non duty ... Read More »

KCCI decides to lodge complaint against corrupt Principal Appraiser Dost

Mufassir Atta Malik (1)

KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI), Mufassir Atta Malik, has said that it is true that majority of importers are facing difficulties in clearance of their consignments due to unnecessary hurdles created by Principle appraiser Appraisement East Collectorate Dost Muhammad and his team. Talking to Customs Today Malik said, “We know a number of his activities are ... Read More »

Customs Export recovers Rs10.97m evaded by defaulter companies

Tax Revenue

KARACHI: The Customs Export on Thursday has recovered evaded amount of taxes and duties of Rs 10.97 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Glamour Marble and Export availed undue benefits and concessions by export different kinds ... Read More »

PCA detects tax evasion of Rs13.76m by M/s Warsi Vehicles Decorators

PCA detects 10 cases of tax evasion worth Rs 10 12m in Sep copy

KARACHI: The Directorate of Customs Post Clearance Audit (PCA) on Thursday detected duties and tax evasion of Rs 13.76 million by M/s Warsi Vehicles Decorators, it is learnt here. Sources told Customs Today that M/s Warsi Vehicles Decorators imported a consignment of special quality car paints, wheel decorates steepness, and color polish and got them cleared from the Port Qasim,  ... Read More »

PCA detects Rs7.25m tax evasion by M/s Defence Fabrics International

PCA detects 10 cases of tax evasion worth Rs 10 12m in Sep copy

KARACHI: The Directorate of Customs Post Clearance Audit on Monday detected duties and tax evasion of Rs 7.25 million by M/s Defence Fabrics International it is learnt here. Sources told Customs Today that M/s Defense Fabrics International imported a consignment of cloth printing, fabric folding, over lock machines and printed chemicals its parts and got it cleared from the PICT ... Read More »

DG Valuation Surriya Butt rejects revision of VR No 952 & 953

Surraiya Butt

KARACHI: Customs Valuation Director General Surriya Butt has rejected revision of Valuation Ruling No.952 and 953/2016 and upheld the values of sauces, salad dressing mayonnaise, mustard and tomato ketchup and another value of bearings, determined vide the said valuation ruling. Source told Customs Today that M/s Salman Traders, M/s Muniba Enterprises and others approached Director General Customs Valuation praying that ... Read More »

Gwadar Customs seizes huge quantity of narcotics worth Rs5m

Gwadar Customs seizes huge quantity of narcotics worth Rs5m copy

GWADAR: The Customs Collectorate seized huge quantity of bottle of wines and hashish worth Rs5 million of Wednesday. Sources told Customs Today that deputy collector received secret information that some smugglers are trying to smuggle bottle of wines and drugs from Gwadar. Source said that truck will be arrived Gwadar check post. After this information, the deputy collector constituted a ... Read More »

Faisalabad Customs seizes Toyota Grande car

non-duty paid Toyota Fielder silver color - non duty

FAISALABAD: The Customs Intelligence and investigation has impounded non-duty paid Toyota Grande car. The market value of the seized vehicle is Rs 3 million involving duty and taxes Rs 1.8 million. Sources told Customs Today, that Deputy Director Customs Intelligence Rana Irfan Shouqat received a credible information about the smuggling of the said vehicle. After receiving information, Director Customs constituted ... Read More »

Customs Export recovers evaded amount of Rs9.26m from defaulter companies

Customs Export recovers evaded amount of Rs9 26m from defaulter companies copy

KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 9.26 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Quality Pipes and Sanitary Store availed undue benefits and concessions by importing two consignments of ... Read More »

Quetta I&I confiscates non-customs paid goods, vehicle worth Rs9.23m

Quetta customs copy

QUETTA: The Directorate of Customs Intelligence and Investigation has confiscated non-customs paid international wall paints worth Rs 9.23 million including truck used in smuggling. Sources told Customs Today on Tuesday morning that Director Customs Intelligence and Investigation Muhammad Akram Ch received a tip-off that some smugglers are trying to smuggle some non-duty paid items from Quetta. He immediately constituted a raiding team ... Read More »

DG Valuation revises customs values of Sodium Lauryl Ether Sulplate & Sodium Lauryl Sulphate

File 4

KARACHI: The Directorate General of Customs Valuation on Wednesday has revised the customs values of Sodium Lauryl Ether Sulphate and Sodium Lauryl Sulphate    Valuation Ruling No: 1305/2018 under Section 25-A of the Customs Act-1969. Earlier the customs values of Sodium Lauryl Ether Sulphate and Sodium Lauryl Sulphate were determined vide Valuation Ruling No. 1018/2017 dated 23-01-2017 read with Order-in-Revision No. ... Read More »

Quetta I&I foils bid to smuggle goods worth Rs9m during special checking

Quetta I&I foils bid to smuggle goods worth Rs9m during special checking copy

  QUETTA: The Directorate of Customs Intelligence and Investigation on Monday has foiled a bid to smuggle Indian Gutka, non-duty paid international cigarettes, and some electronics items worth Rs 9 million during special checking. Sources told Customs Today that Director Customs Intelligence and Investigation Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle Indian Gutka, non-duty ... Read More »

PCA detects tax evasion of Rs14.69m by two companies on Monday

PCA detects Rs 76

KARACHI: The Directorate of Customs Post Clearance Audit (PCA) detected duties and tax evasion of Rs 14.69 million by two companies M/s Y C Pak & Co and Durdana Knitwear, it is learnt here on Monday. Sources told Customs Today that M/s Y C Pak & Co located in Landhi imported a consignment of newspaper printing rile and photo copier ... Read More »

Customs Export recovers Rs14.38m evaded amount from defaulter companies

Tax Revenue

KARACHI: Customs Export on Saturday recovered an evaded amount of taxes and duties of Rs 14.38 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Shazaib Knitwear availed undue benefits and concessions after importing different consignments of T-shirts jerky fabrics and ... Read More »

Gwadar Customs seizes huge quantity of Iranian juice, mobile phones worth Rs13.48m

Gwadar Customs seizes huge quantity of Iranian juice mobile phones worth Rs13 48m copy

GWADAR: The Customs Collectorate Gwadar seized huge quantity of juices carton and non-duty paid mobile phones & its accessories worth Rs 13.48 million on Saturday. Sources told Customs Today that Deputy Collector Gwadar received secret information that some smugglers are trying to smuggle huge quantity of Iranian juices and other items from Gwadar to Karachi. After receiving this information, he constituted a ... Read More »

Customs PCA detects Rs9.36m tax evasion by M/s BDM Medical Equipment

audit

KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 9.36 million by M/s BDM Medical Equipment, it is learnt here. Sources told Customs Today that M/s BDM Medical Equipment imported consignment of different kinds of electronic wheel chairs, BP apparatus, sugar apparatus and other things got cleared from the PICT Karachi vide GDs ... Read More »

DG Valuation Surriya rejects revision petition filed against VR No 1217/2017

Surraiya Butt

KARACHI: Director General Customs Valuation Surriya Butt   has rejected a revision petition filed against Valuation Ruling No.1217/2017 and upheld the values of Whey Powder determined vide the said valuation ruling. Source told that M/s  Naseem Traders, S J K & Sons and others approached Director General Customs Valuation asking that the Valuation Ruling No.1217/2017 does not cover the present fluctuation ... Read More »

Quetta Customs I&I foils bid to smuggle Iranian diesel worth Rs7.23 during special checking

Quetta Customs I&I confiscates Iranian diesel worth Rs2m copy

QUETTA: The Directorate of Customs Intelligence and Investigation has foiled a bid to smuggle Iranian diesel worth Rs 7.23 million during special checking. Sources told Customs Today on Friday afternoon, that Director Customs Intelligence and Investigation Quetta Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle Irani Diesel from Quetta. He constituted a raiding team under the supervision ... Read More »

Customs Export recovers evaded amount of Rs11.8m from two defaulter companies

Tax Revenue

KARACHI: The Customs Export on Thursday recovered evaded amount of taxes and duties of Rs 11.08 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s NCZ Enterprises availed undue benefits and concessions by importing color printing chemicals by misusing ... Read More »