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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

Few ‘notorious’ officials of Customs Intelligence misuse authority, demand bribe at pickets on highways

customs intelligence arrest copy

ISLAMABAD: Importers of Karachi, Lahore, Multan, Faisalabad and Islamabad have sought Federal Board of Revenue (FBR) Chairman Tariq Pasha’s attention towards the unchecked gross misconduct and misuse of authority by some of the officers of Directorate General of intelligence, FBR across the country. Importers revealed that some ‘notorious officers’ are involved in such malpractice and misconduct by adopting the modus ... Read More »

MCC Islamabad’s all stations go surplus with Rs21.08m CD during November

MCC Islamabad s all stations go surplus with Rs21 08m CD during November copy

ISLAMABAD: All the Customs Stations, working under the Model Customs Collectorate (MCC) Islamabad, earned Rs21.08million surplus Customs Duty (CD) during the month of November Financial Year 2017-18 against the assigned revenue target. All the customs stations were allocated s revenue target of Rs493.60million as CD whereas they received Rs514.68million of CD during the month of November FY17-18. According to details ... Read More »

Torkham Customs foils bid to smuggle2,00,000 Saudi Riyals

Torkham Customs foils bid to smuggle2 00 000 Saudi Riyals copy

PESHAWAR: The Torkham Customs Station has foiled an attempt to smuggle 2, 00,000 Saudi Riyals from Pakistan to Afghanistan through Torkham border in Khyber Agency. The Torkham Customs officials informed Customs Today that during checking the customs force posted at Torkham gate have recovered two lac Saudi Riyals from the procession of Kaleem Ullah son of Ishaq Khan who belongs ... Read More »

Customs earns Rs417.33m CD in November

Customs earns Rs417 33m CD in November copy

ISLAMABAD: The Model Customs Collectorate of Islamabad earned Rs.417.33 million under head of Customs Duty during the month of November Financial Year 2017-18. Sources told Customs Today that all customs stations comprises Islamabad Dry port (IDP), Air Freight Unit (AFU), Customs Bond Section, Unaccompanied Baggage (UAB), Accompanies Baggage (AB), International Mail Office (IMO), and Rebate Refund generated the above mentioned ... Read More »

FIA detects Rs 200b tax evasion in re-exports by 27 companies

FIA 200B copy

KARACHI: The Federal Investigation Agency (FIA) has detected Rs 200 billion tax evasion scam in re-export allegedly by 27 companies, including some foreign outlets. According to the FIA officials, the record obtained from various Customs Collectorates reveals that 125 corporate guarantees of M/s BGP (Pakistan) International have already expired but the company did not re-export the temporary imports and was ... Read More »

MCC GB earns Rs189.16m more revenue under all heads during four months and three weeks

MCC GB earns Rs189 16m more revenue under all heads during four months and three weeks copy

GILGIT-BALTISTAN: The Model Customs Collectorate Gilgit-Baltistan generated an extra amount of Rs189.16million during four months and three weeks of November Fiscal Year 2017-18 against the collection under all the heads during the same period of corresponding Fiscal Year 2016-17. According to details explained by official sources of Gilgit-Baltistan (GB) that, during above said period, the GB received Rs1872.69million under all ... Read More »

Customs I & I Multan seizes smuggling items loaded on two buses coming from Quetta

Customs I & I Multan seizes smuggling items loaded on two buses coming from Quetta copy

MULTAN: The Directorate of Customs Intelligence and Investigation Multan recovered miscellaneous goods of Rs3.5million from two passenger buses coming from Quetta. The Director Customs Intelligence and Investigation Multan received a tip-off that a huge quantity of smuggling items will be transported through his area. On the Directives of Director Chuadhry Muhammad Akram, Deputy Director Khial Muhammad Khan formed a special ... Read More »

PCA uncovers tax evasion of Rs14.67m by M/s Alam Alam & Sons

PCA uncovers tax evasion of Rs14 67m by M s Alam Alam & Sons copy

KARACHI: The Directorate of Customs Post Clearance Audit (PCA) has unearthed an evasion of duties and taxes of Rs14.67million by M/s Alam Alam & Sons Karachi, it is learnt. The official sources told our reporter that M/s Alam Alam & Sons Karachi imported a consignment of different kinds of vehicles gas-kits from the UAE under the PCT Heading 8809.3451 and ... Read More »

Appaisement East earns Rs 47.68m during first three weeks of November

Appaisement East earns Rs 47 68m during first three weeks of November copy

KARACHI: The Customs Collectorate of the Appraisement East has collected Rs 47.68 million customs duty, sales tax, income tax and federal exercise duty during the first three weeks of November. Sources told Customs Today that the Customs Appraisement East received Rs 11.78 million as customs duty, Rs 16.23 million sales tax, Rs 6.89 million as income tax and Rs 12.78 ... Read More »

About 95 vehicles valued at Rs166.33m taken into possession by ASO Islamabad

About 95 vehicles valued at Rs166 33m taken into possession by ASO Islamabad copy

ISLAMABAD: The Anti-Smuggling Organization Islamabad impounded 95 vehicles worth Rs166.33million during July to 15th of November’s Fiscal Year 2017-18. According to details explained by Majid Hussain Gadd, Assistant Collector, Anti-Smuggling Organization (ASO) Islamabad that, during above said period, the ASO performed well. He added that, under the supervision of Saeed Khan Jadoon, Collector Model Customs Collectorate (MCC) Islamabad, the ASO ... Read More »

MCC Islamabad goes surplus with Rs1291.78m collection under all heads during July to Nov.20

MCC Islamabad goes surplus with Rs1291 78m collection under all heads during July to Nov copy

ISLAMABAD: The Model Customs Collectorate beat an allocated proportional revenue target under all the heads with a collection of extra Rs1291.78million during the 1st of July to November 20th of Financial Year 2017-18. In addition, the collectorate exceeded an assigned proportional target of Customs Duty during first 20 days of November’s Financial Year 2017-18. The Customs Collectorate Islamabad earned Rs6231.50million ... Read More »

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

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

QUETTA: The Model Customs Collectorate Quetta earned surplus revenue of Rs511million of all taxes during 15 days of November Financial Year 2017-18 against the revenue collection of the same period of corresponding Financial Year 2016-17 of the same heads. The Quetta Collectorate received Rs1127million under all the heads during 15 days of November FY17-18 while it did Rs616million under all ... Read More »

Hyderabad Customs ASO foils bid to smuggle 451 kgs charas near Khairpur

Hyderabad Customs ASO foils bid to smuggle 451 kgs charas near Khairpur copy

HYDERABAD: The Customs Collectorate Anti Smuggling Organization (ASO) foiled a bid to smuggle 451 kilograms of charas near Khairpur City during the first two weeks of November and arrested an accused identified who was later identified as Shah Muhammad. According to details, Collector Customs Hyderabad Akhlaq Ahmad Khattak received credible information about some narcotics smuggling attempts. He immediately directed all ... Read More »

Multan Customs collects Rs2833.95m in 18 days of November

Multan Customs collects Rs2833 95m in 18 days of November copy

MULTAN: The Model Customs Collectorate collected revenue of Rs.2833.95 million during the first eighteen days of November against the assigned target of Rs.4554.54 million. The Collectorate of the Multan Customs has been given different revenue collection targets from Federal Board of Revenue for the customs duty, sales tax, federal excise duty (FED) and withholding tax (WHT). The Federal Board of ... Read More »

ASO seizes huge quantity of goods in second week of November

ASO seizes huge quantity of goods in second week of November copy

FAISALABAD: The Anti Smuggling Organization (ASO) carried out various operations against smugglers and confiscated goods worth Rs73,25000 during the second week of November 2017. Assistant Collector Shah Samad Hamadani and his team, comprising Superintendent Tanveer Raza Naqvi, Inspectors Muhammad Munir, Faizi Raza and Sepoys Liaquat Ali, Israr Ahmad and Muhammad Abdullah, confiscated goods and a vehicle under the Customs Act ... Read More »

About 222-kg of hashish valued at Rs21m seized by Quetta Customs Intelligence

About 222-kg of hashish valued at Rs21m seized by Quetta Customs Intelligence copy

QUETTA: The Directorate of Customs Intelligence and Investigation Quetta confiscated a huge quantity of foreign origin hashish worth Rs21million. Sources told Customs Today that Director Customs Intelligence and Investigation Iran Javed received a tip-off that some smugglers are trying to smuggle the foreign origin hashish from Quetta into different cities of Pakistan. He immediately constituted a raiding team. Team In-charge ... Read More »

Customs Appraisement East generates Rs28.05m of all duties & taxes during seven days

Customs Appraisement East generates Rs28 05m of all duties & taxes during seven days copy

KARACHI: The Customs Collectorate of the Appraisement East has collected Rs28.05million of customs duty, sales tax, income tax and federal exercise duty during seven days of November. Sources told reporter that the Customs Appraisement East received Rs6.78million as customs duty, Rs 9.34million of sales tax, Rs 4.59 million as income tax and Rs 7.34 million of federal excise duty during ... Read More »

Customs North Region posts 28.71 percent growth during 10 days of November

Customs North Region posts 28 71 percent growth during 10 days of November copy

ISLAMABAD: The North Region collected surplus revenue of Rs287.82million of all duties and taxes against the earmarked proportional revenue target from 1st to 10th of November of Financial Year 2017-18. The North showed 28.71% increase against the abovementioned proportional assigned revenue target. According to details explained by the sources of the North Region which, comprising collectorates of Islamabad, Peshawar, Gilgit-Baltistan ... Read More »

About 307 NDP offending vehicles valued at Rs397m impounded in four months

About 307 NDP offending vehicles valued at Rs397m impounded in four months copy

ISLAMABAD: The Customs Anti-Smuggling Organization Peshawar took into possession 307 Non-Duty-Paid offending vehicles worth Rs397million from July to October of Financial Year 2017-18. Fazli Shakoor, Deputy Collector, Anti-Smuggling Organization (ASO) Peshawar, told Customs Today that the ASO launched a crackdown on the possessors of NDP offending vehicles loaded with smuggling goods during the first four months of Financial Year (FY) ... Read More »

Karachi Appraisement East collects Rs13.26m of all duties, taxes during seven days

Karachi Appraisement East collects Rs13 26m of all duties taxes during seven days copy

KARACHI: The Customs Collectorate of the Appraisement East has generated Rs13.26million of customs duty, sales tax, income tax and federal exercise duty during seven days of November. Sources told reporter that the Customs Appraisement East collected Rs3.23million as customs duty, Rs4.25million of sales tax, Rs2.28million as income tax and Rs3.50million of federal excise duty during seven days. It is pertinent ... Read More »