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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

FBR assigns revenue collection target to Islamabad Customs for FY19-20

FBR assigns revenue collection target to Islamabad Customs for FY1920 copy

ISLAMABAD: FBR has allocated yearly revenue collection target of Rs 29912 million under all heads for FY2019-20 to the MCC Islamabad. According to details provided to Customs Today, the Model Customs Collectorate Islamabad is allocated fresh revenue collection target for Financial Year 2019-20 with extra amount of Rs 8355 million under all heads, as during FY2018-19 the Collectorate was assigned Rs 21557 ... Read More »

Multan RTO collects Rs5.60b tax revenue during July

Multan RTO collects Rs5 60b tax revenue during July copy

MULTAN: The Federal Board of Revenue Regional Tax Office (RTO) has collected revenue of Rs5.60 billion in the heads of different taxes during the first month of the ongoing fiscal year 2019-20. The statistics of Regional Tax Office showed an increase of almost Rs1.01 billion in tax collection during the first month of corresponding economic year 2018-19. The Regional Tax ... Read More »

Customs Court approves charge sheet against M/s Al-Ahsan Goods Transportation Co & others

Customs Court approves charge sheet against Ms AlAhsan Goods Transportation Co & others copy

KARACHI: The Customs Court approved interim charge sheet against suspect namely Sailab Khan, owner/ proprietor of M/s Al-Ahsan Goods Transport Company and others, who was booked in a case of attempting to smuggle non-duty paid Iranian smuggled glassware/crockery, betel nuts etc. On August 03, 2019, investigation officer of customs department submitted interim charge sheet against arrested suspect namely Siddiqui Ullah ... Read More »

FBR collects Rs216b during FY2018-19

FBR collects Rs216b during FY201819 copy

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs215 billion (provisional assessment) against the set target tax revenue target of Rs291 billion and faced Rs.76 billion revenue shortfall. According to the FBR sources, tax revenue collection has showed only 6.1 percent growth as compared to last years, which is not enough to meet the set target of tax revenue collection ... Read More »

Collector Mubashar Baig’s Faisalabad Customs recovers Rs 449m from M/s Maple Leaf Cement Factory

Collector Mubashar Baigs Faisalabad Customs recovers Rs 449m from Ms Maple Leaf Cement Factory copy

FAISALABAD: A contravention case was made out against M/s Maple Leaf Cement Factory located in Mianwali for alleged misuse during the period from 1994 to 1996 claiming exemption of customs duty and sales tax under SRO 484(I)/92 dated 14.05.1992 read with SRO 978(I)/1995 dated 04.10.1995 and for regulatory duty under SRO 1050(I)/95 dated 29.10.1995 declaring that the plant and machinery ... Read More »

Customs Court extends remand of suspect in betel nuts smuggling case

Customs Court approves remand of suspect in betel nuts smuggling case copy

KARACHI: The Customs Court extended physical remand of suspect namely Nadeem Ahmed son of Noor Bux and directed investigation officer to arrest absconding suspects, who were allegedly involved smuggling of 16,000 kilograms crushed betel nuts valuing of Rs8,000,000. On July 29, 2019, investigation officer produced the above mentioned suspect before the court and informed that on an actionable information, customs ... Read More »

Peshawar customs foils attempt to smuggle betel nuts, tyres worth Rs30.7m

Peshawar customs foils attempt to smuggle betel nuts tyres worth Rs30 7m copy

PESHAWAR: Collectorate of Customs squad deputed at DI Khan thwarted an attempt to smuggle 9800 kilograms betel nuts and truck tyres worth Rs30.7 million. According to details, credible information was received that some unscrupulous elements were transporting substantial quantity of betel nuts from Karachi to Khyber Pakhtunkhwa under the guise of some exportable vegetables. Collector Preventive Asif Saeed Khan Lughmani ... Read More »

Customs Court accepts charge sheet against suspect booked in polyester fabric smuggling case

Customs Court accepts charge sheet against suspect booked in polyester fabric smuggling case copy

KARACHI: The Customs Court approved charge sheet against suspect namely Amad Hussain son of Shah Afzal, who was arrested in a case of attempting to smuggle foreign origin polyester fabric worth Rs33,247,607. On July 23, 2019 investigation officer submitted charge sheet against the above mentioned suspect and informed the court that credible information was received to the effect that huge ... Read More »

Customs JIAP seizes prohibited medicines worth Rs3.2m

Customs JIAP seizes prohibited medicines worth Rs3 2m copy

KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) has apprehended an accused along with prohibited medicine worth millions of rupees. Sources told Customs Today that on the tip-off by higher authorities, staff of Customs posted at Arrival Hall enhanced checking and surveillance during which a passenger namely Mirza Waseem Baig was intercepted on suspicion. The customs team ... Read More »

Customs Court approves remand of suspect in betel nuts smuggling case

Customs Court approves remand of suspect in betel nuts smuggling case copy

KARACHI: The Customs Court approved physical remand of suspect namely Nadeem Ahmed son of Noor Bux who is allegedly involved in smuggling of 16,000 kilograms crushed betel nuts worth Rs 8,000,000. Court also directed investigation officer to arrest financers, abettors and others including owner of impugned goods and vehicle and produce them on next date of hearing. On July 22, ... Read More »

Mianwali ASO seizes 19000 liters smuggled diesel

Mianwali ASO seizes 19000 liters smuggled diesel copy

FAISALABAD: The Customs Anti-Smuggling Organization (ASO) Mianwali has seized 19000 liters smuggled foreign origin diesel worth Rs3.3 million. Sources told Customs Today that ASO also impounded Hino truck 6 wheeler worth Rs7 million under Section 157 of the Customs Act 1969. Sources said that Additional Collector Muhammad Saeed Asad received information regarding smuggling attempts on which he formed a team ... Read More »

FBR issues notices to 166 restaurants & marriage halls for ST registration

FBR issues notices to 166 restaurants & marriage halls for ST registration copy

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) has issued notices to 166 different restaurants, marriage halls and hotels located in the city for sales tax registration. The Federal Board of Revenue has launched massive scale campaign in on to register business of the hotels, marriage halls and restaurants for collection of legitimate taxes. Marriage marquees, hotels ... Read More »

FBR to launch mobile app in English & Urdu to simplify business registration on July 19

FBR to launch mobile app in English & Urdu to simplify business registration on July 19 copy

ISLAMABAD: Federal Board of Revenue (FBR) will formulate a new tax policy to facilitate jewellers and traders in consultation with all jewellers associations and Pakistan Traders Alliance during the current week. According to sources, the FBR already took measures to facilitate business community by stocktaking different sectors on the basis of self-assessment without physical intervention of tax officials. The FBR ... Read More »

Peshawar Customs foils attempt to smuggle 225 cartons of cigarettes

Peshawar Customs foils attempt to smuggle 225 cartons of cigarettes copy

PESHAWAR: The Customs Collectorate Preventive squad seized 225 cartons of contraband cigarette papers by following special directives of Collector Asif Saeed Khan Lughmani. The estimated worth of smuggled cigarette papers is Rs30 million, sources told Customs Today. Sources told that the contraband goods were seized along a Hino dumper bearing registration no 3184. Value of the seized contraband is estimated ... Read More »

Customs NIIA seizes 950 grams of gold bars from passenger leaving for Dubai

Customs NIIA seizes 950 grams of gold bars from passenger leaving for Dubai copy

ISLAMABAD: Persuing the information of Collector Seema Raza Bokhari the NIIA Customs staff seized 950 grams of gold bars from a bag of passenger traveling to Dubai via Islamabad airport. According to details told by the collector, credible information shared by her sources that an attempt will be made by smugglers to smuggle gold out of country. A special team ... Read More »

Customs Court approves physical remand of suspects booked in re-meltable iron scrap case

Customs Court approves physical remand of suspects booked in re meltable iron scrap case copy

KARACHI: The Customs Court approves physical remand of suspects Ghulam Wali, Muhammad Hanif and Raz Muhammad who were arrested in a case of attempting to smuggle re-meltable iron scrap worth of Rs60,28,880. On July 10, 2019, investigation officer of Customs Preventive produced the abovementioned suspects before the court and informed that on credible information, customs team intercepted three Hino truck ... Read More »

Faisalabad ASO seizes NDP vehicles & goods worth Rs191.5m

Faisalabad ASO seizes NDP vehicles & goods worth Rs191 5m copy

FAISALABAD: The Customs Anti-smuggling Organization (ASO) has seized non-customs duty paid vehicles and goods worth Rs191.5 million in their different anti-smuggling operations during the month of June 2019. According to details Anti-Smuggling Organization carried out various anti-smuggling operations in the region on the directives of Collector Mirza Mubashir Baig to thwart smuggling of goods and non customs paid (NDP) vehicles. ... Read More »

FBR to serve notices to owners of benami properties

FBR to serve notices to owners of benami properties copy

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to issue notices to the owners of benami properties, according to media reports. The FBR officials have gathered data of 45 people owning benami properties in Lahore, sources said. The benami law, aimed at the properties and bank accounts that would not be registered with the name of the real owner. ... Read More »

Faisalabad Adjudication decides 14 seizure cases worth Rs36.620m

Faisalabad Adjudication decides 14 seizure cases worth Rs36 620m copy

FAISALABAD: The Customs Adjudication has decided 14 seizure cases forwarded by Anti-Smuggling Organization (ASO) and Customs Intelligence and Investigation in their various anti smuggling activities. The adjudication also recovered Rs36.620 million in shape of customs duty and taxes during the month of June. Sources told Customs Today that Collector Muhammad Adnan Akram announced judgment in two seizure case involving Rs ... Read More »

Customs Court approves after arrest bail of suspects in contraband goods smuggling case

Customs Court approves after arrest bail of suspects in contraband goods smuggling case copy

KARACHI: The Customs Court granted after arrest bail to suspects namely Ali Baksh son of Pandy Khan Baloch and Muhammad Hamid son of Haji Jumma Khan and directed them to ensure their appearance before the court on each and every date of hearing. They are involved in a case of attempting to smuggle non-duty paid 8410 kilograms betel nuts. On ... Read More »