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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Customs Intelligence recovers narcotics worth Rs 2.5b in last four months

MemberLegalShaukatAli

ISLAMABAD: The Directorate General Customs Intelligence and Investigation of the Federal Board of Revenue has seized a huge quantity of narcotics worth billions of rupees during the last four months. Besides, the directorate has recovered duty and taxes worth millions of rupees. According to the figures released by Directorate General Customs Intelligence and Investigations to Customs Today, at least 100 ... Read More »

Govt should announce concessions for regular taxpayers: Khalid Malik

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ISLAMABAD: Senior Vice-President and Chairman Diplomatic Committee of Islamabad Chamber of Commerce and Industry (ICCI) Khalid Malik has said that the process of preparation of budget proposals will be started soon. The whole taxation system needs review and amendments. During an exclusive interview with Customs Today, Malik said that the government continuously squeezing existing taxpayers and putting pressure of tax ... Read More »

Nasir Masroor made Member (SPR&S)

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ISLAMABAD: Nasir Masroor Ahmad, a Pakistan Customs Service officer, has been transferred and posted as Member Strategic Planning and Reforms & Statistics (SPR&S) with immediate effect and until further orders. The officer, presently posted as Member Customs, was recently promoted to BS-22 in the same service. Earlier, the post of Member (Customs), BS-21 in FBR (HQ), Islamabad was re-designated as ... Read More »

PSX sheds 172pts as bearish trend persists till midday

KSE 2

KARACHI: The bearish trend persisted at the Pakistan Stock Exchange as the benchmark 100-index shed 171.82 points to reach 48809.83 points level till midday on Thursday. Earlier, the stocks opened bearish as it shed massive 426 points to drop to 48555.55 points level in early trading. On Wednesday, the profit-taking along with future roll over led index to decline by ... Read More »

Customs recovers 11 kg heroin worth Rs110m from bus passenger

Customs recovers 11 kg heroin worth Rs110m from bus passenger copy

KARACHI: The Pakistan Customs has recovered huge quantity of heroin from the possession of a passenger after a raid executed on a bus at Mochko. In a drive launched against the menace of narcotics transportation/smuggling, the staff of the Anti-Smuggling Organization (ASO), Model Customs Collectorate of Preventive, posted at Custom-point as RCD Highway, seized 11 kg of contraband narcotics (heroin) ... Read More »

BBIA DC for giving access to FIA data to control baggage examination

naghma Tehniat

ISLAMABAD: The Customs Staff of the Benazir Bhutto International Airport (BBIA) Islamabad needs access to the FIA data for effective profiling mechanism to bring down percentage of baggage examination without compromising controls. The customs staff deputed at the BBIA airport needs Body X-ray equipment for detecting body concealments. The airport customs staffers also require residential accommodation at the new Islamabad ... Read More »

ASO-Preventive striving hard to increase revenue: DC Ali Raza Sipra

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KARACHI: The Deputy Collector Customs Preventive Headquarters Ali Raza Sipra has said that the Anti-Smuggling Organization (ASO) of Customs-Preventive has seized million of rupees smuggled goods including heroin, fabric, diesel/petrol and other miscellaneous items during the last six months from September-2016 to February-2017. The Deputy Collector was expressed these views during an interview with Customs Today at his office. Ali ... Read More »

Member Customs Nasir Masroor promoted to BS-22

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ISLAMABAD: Nasir Masroor Ahmad, a Pakistan Customs Service officer, has been promoted to BS-22 in the same service with immediate effect and until further orders. According to the Federal Board of Revenue’s notification, if the officer is drawing performance allowance (equivalent to 100 per cent of the basic pay), he will continue to draw this allowance on his promotion. Nasir ... Read More »

Revenue leakage thru under-invoicing, mis-declaration needs to be plugged: FBR chief

Dr Irshad

KARACHI: The Federal Board of Revenue (FBR) chairman chaired a high-level meeting and assigned various tasks to senior officers. The meeting established that smuggling under-invoicing and mis-declaration, pertaining to imported consignments, were causing revenue leakage which needs to be plugged. Subsequently, Member Customs Nasir Masroor held meetings with Director General Customs Valuation Syed Tanveer Ahmed, Director Valuation Wasif Memon, Additional ... Read More »

Customs & regulatory duties amount up to 15% of FBR’s total receipts

Dr Irshad

ISLAMABAD: Customs and Regulatory duties amount up to 15% of the total receipts collected by the Federal Board of Revenue (FBR). FBR through its enforcement arm Pakistan Customs is responsible for border measures including eradication of piracy and counterfeiting through Pakistani borders. The Federal Board of Revenue (FBR) is committed for effective border measures because Pakistan Customs is the guardian ... Read More »

Chief Commissioner-IR Tasneem promoted to BS-22

Chief Commissioner Tasneem Rehman1

LAHORE: Tasneem Rehman, an Inland Revenue Service officer, has been promoted to BS-22 in the same service and posted as Chief Commissioner-IR, Corporate Regional Tax Office, Lahore with immediate effect, till further orders. The officer was promoted in pursuance of approval of the competent authority conveyed vide Establishment Division’s U.O. No. 7/1/2006-CP-6 dated 20.02.2017. According to the notification, if the ... Read More »

FBR detects Rs1070m more tax evasions than last year

increase exports

ISLAMABAD: The Directorate General Customs Intelligence and Investigation, Federal Board of Revenue, has showed tremendous performance after the assumption of the charge by Director General Shaukat Ali on 15th of October. During the period of four months (15th of Oct 2016 to 15th of Feb 2107), Directorate General, in countrywide operations, has seized miscellaneous goods including smuggled and fake cigarettes, ... Read More »

Customs impounds worth Rs41.34m five non-duty paid vehicles

Customs impounds worth Rs41 34m five non duty paid limousines copy

ISLAMABAD: The Directorate Customs Intelligence and Investigation, Federal Board of Revenue Rawalpindi, has impounded worth Rs41.34million five non-duty paid vehicles under Section 16 of the Customs Act-1969 during the month of January 2017. These are most expensive vehicles in the market. Director General Customs I&I Shaukat Ali has lauded the performance of the Rawalpindi Directorate. Rawalpindi Customs Anti-smuggling staff has ... Read More »

Case registered against senator’s son for manhandling FBR officials

FBR

ISLAMABAD: Peshawar police have registered a case against a Senator’s son, who stopped a Federal Board of Revenue’s team at gunpoint. The FBR team was returning after confiscating record from a factory located at Peshawar’s Hayatabad area facing allegations of tax evasion when the senator’s son along with his accomplices stopped them at gunpoint. The FBR’s Director Intelligence & Investigation ... Read More »

Customs Intelligence detects tax evasion of Rs200m by M/s Marush Int’l through import of poultry vaccines

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ISLAMABAD: Directorate General Customs Intelligence and Investigation (I&I) has unearthed a massive scam of tax evasion worth Rs200 million through mis-declaration and money laundering in imports of poultry vaccines, medicines, nutrients, premixes by M/s Marush International, K-123 Model Town. Addressing a press conference, Director General Customs Intelligence and investigation Shaukat Ali said that Customs Intelligence received information through reliable sources ... Read More »

FBR appoints 211 Appraising, Valuation officers

pakistan-customs

ISLAMABAD: Federal Board of Revenue (FBR) has appointed 211 Appraising and Valuation officers of BS-16 in the Customs Department after the recommendations of Federal Public Service Commission. According to the notification, the FBR in consequent upon the recommendations of Federal Public Service Commission (FPSC), Islamabad vide letter No.F.4-82/2015-R-FS-I, dated 25.11.2016 and having accepted the terms and conditions of appointment contained ... Read More »

Appraisement West auctioning seized vehicles today

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KARACHI: Customs Appraisement (West) is auctioning seized vehicles today (Saturday) at Al Hamd International Container Terminal (AICT) Karachi. The auctioning vehicles were smuggled/non-duty paid and seized by the collectorate during different raids. Following vehicles are being auctioned by the MCC Appraisement West. Read More »

Chairman FBR holds press moot on important issues today

Chairman FBR holds press moot on important issues today

ISLAMABAD: The Customs Intelligence and Investigation FBR Islamabad obtained great achievements in the cases of money laundering and currency smuggling and arrested Superintendent Customs I&I Afzal posted at Karachi Airport on bribery. Chairman Federal Board of Revenue Dr. Muhammad Irshad is going to hold a press conference along with Member Customs Nasir Masroor Ahmed and Director General Customs Intelligence Shaukat ... Read More »

WeBOC enhances Customs’ capacity, reduces clearance time

Member IRshad 1

ISLAMABAD: The Web-Based Customs Clearance System (WeBOC) has enhanced the capacity of Pakistan Customs for handling and clearing containers by several times as well as reduced the clearance time of consignments significantly. Customs clearance system has been fully automated and around 85% of the cargo is cleared through WeBOC. Resultantly the clearance time and dwell time of cargo has been ... Read More »

DG Valuation Tanveer Ahmed amends Valuation Ruling No. 992/2016

Syed-Tanveer-Ahmad

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has reduced the customs values of tarpaulin cum PVC material inflatable toys and amended the Valuation Ruling No.992/2016 accordingly. According to the details, M/s Toy Center and M/s Ahmed International approached the Director General agitating against the customs values of tarpaulin/PVC inflatable toys determined vide Valuation Ruling No.992/2016. Rana Zahid Hussain, on ... Read More »