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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

North Region earns Rs540.91m more duties & taxes during 30 days

North Region earns Rs540 91m more duties & taxes during 30 days copy

ISLAMABAD: The Customs North Region received an extra revenue of Rs540.91million as all duties and taxes against an allocated proportional revenue collection target of 30 days of October Financial Year 2017-18. The North Region was assigned a revenue collection target of Rs3182.60million while it earned Rs3723.51million under all the heads during above said period. According to details explained by sources ... Read More »

Quetta Customs impounds Iranian diesel valued at Rs24.869m during four months

Quetta Customs impounds Iranian diesel valued at Rs24 869m during four months

ISLAMABAD: The Model Customs Collectorate Quetta seized Iranian diesel worth Rs24.869million during the first four months (July to October) Financial Year 2017-18. The vehicles, carrying smuggling diesel, are rarely intercepted in Hyderabad by the customs authority. Member Customs Zahid Khokhar, on the direction of Tariq Pasha, Chairman Federal Board of Revenue (FBR), has directed the Quetta Collectorate to take effective ... Read More »

MCC Islamabad generates Rs464.93m more revenue during 25 days of October

MCC Islamabad generates Rs464 93m more revenue during 25 days of October copy

ISLAMABAD: The Model Customs Collectorate Islamabad earned extra revenue with Rs464.93million of all duties and taxes during the 1st to 25th of October Financial Year 2017-18 against the assigned proportional (1st to 25th October FY17-18) revenue target under all the tax heads. According to details explained by Collector Dr. Saeed Khan Jadoon of Model Customs Collectorate Islamabad that all the ... Read More »

Islamabad Dry Port collects Rs60.75m extra CD during 25 days of October

Islamabad Dry Port collects Rs60 75m extra CD during 25 days of October copy

ISLAMABAD: The Islamabad Dry Port generated Rs60.75million surplus Customs Duty during the first 25 days of October Financial Year 2017-18 against the assigned proportional revenue target for the same period while the Islamabad Dry Port earned extra revenue of Rs10.11million during initial 25 days under the same head against the allocated target for the whole month of October 2017-18. According ... Read More »

ASO Islamabad impounds vehicles & contraband items valued at Rs40.55m

ASO Islamabad impounds vehicles & contraband items valued at Rs40 55m copy

ISLAMABAD: The Anti-Smuggling Organization Islamabad took into possession various types of contraband goods, Non-Duty-Paid and offending vehicles worth Rs40.55million during 14th to 20th of October Financial Year 2017-18. Majid Hussain Gadd, Assistant Collector Anti-Smuggling Organization (ASO), told Customs Today that the ASO Islamabad showed satisfactory performance during above said period. During October 14, to 20, 2017-18, the ASO took into possession ... Read More »

Appraisement East detects tax evasion of Rs 6.88m by M/s Ghani Plastics & Kitchen Accessories

Appraisement East detects tax evasion of Rs 6 88m by M s Ghani Plastics & Kitchen Accessories copy

KARACHI: The Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 6.88 million in the clearance of plastic items imported by M/s Ghani Plastics and Kitchen Accessories. Source told Customs Today that the Collector Appraisement East Ashad Jawad directed the R&D section to verify the post clearance consignments of the importer M/s Ghani Plastics and Kitchen Accessories. During ... Read More »

PCA detects tax evasion of Rs 4.56m by M/s SG Enterprises

PCA detects tax evasion of Rs 4 56m by M s SG Enterprises copy

KARACHI: Directorate of Customs’ Post Clearance Audit has detected duties and tax evasion of Rs 4.56 million allegedly by M/s SG Enterprises, it is learnt. The official sources told Customs Today that M/s SG enterprises imported four consignments of heavy duty generator parts and others machinery parts under PCT Heading 5406.2409 and cleared PICT Karachi vide GDs  No LM-63589 on ... Read More »

Customs Appraisement East collects Rs39.8m as duties & taxes during 21 days of October

Customs Appraisement East collects Rs39 8m as duties & taxes during 21 days of October copy

KARACHI: The Customs Collectorate of Appraisement East has generated Rs39.08million of customs duty, sales tax, income tax and federal exercise duty during 21 days of October. Sources told Customs Today that the Customs Appraisement East collected Rs12.98million as customs duty, Rs 10.54million of sales tax, Rs7.78million as income tax and Rs6.36million of federal excise duty during 21 days. It is ... Read More »

Sialkot Customs allocated Rs2116.1m target for FY2017-18

MCC Sialkot allocated Rs2116 1m as all duties and taxes for FY2017 18 copy

ISLAMABAD: The Federal Board of Revenue has assigned Model Customs Collectorate Sialkot the revenue collection target of Rs2116.1 million as Customs Duty, Rs328.75 million of Sales Tax and Rs135.21 million as Withholding Tax (WHT) for Financial Year 2017-18. According to details given by Abdul Rauf, Collector Model Customs Collectorate (MCC) Sialkot, that the collectorate has been allocated the revenue collection ... Read More »

MCC Quetta collects Rs186m more duties & taxes than assigned target during 15 days of October

Quetta customs copy

QUETTA: The Model Customs Collectorate (MCC) Quetta generated additional revenue of Rs186.00million as all duties and taxes against the allocated revenue collection target during the first 15 days of October Financial Year 2017-18 under the same head. The collectorate received Rs810.00million under all the heads during 15 days of October FY17-18 while it was assigned Rs624.00million of proportional target for ... Read More »

Gwadar Customs seizes non-duty paid vehicles, goods worth Rs 18m till October 15

Gwadar Customs seizes non-duty paid vehicles goods worth Rs 18m till October 15 copy

GWADAR: Customs Collectorate Gwadar has impounded several non-duty paid luxury vehicles and huge quantity of smuggled Iranian origin high speed diesel, non duty paid cameras, different  electronics items, several bottles of wines, Indian silk, luxury vehicles chassis and others things worth Rs 18 million during raids in different areas of Quetta during the first 15 days of October. According to the ... Read More »

Torkham Customs Station shows satisfactory performance with Rs412.42m collection

Torkham Customs Station shows satisfactory performance with Rs412 42m collection copy

PESHAWAR: The Torkham Customs Station of the Model Customs Collectorate Peshawar has collected Rs412.42million revenue during first 17 days of current financial year, informed by Najib Anjum, Deputy Collector Customs at Torkham Customs Station, on Tuesday during a talk with Customs Today. The Deputy Collector showed satisfaction over the revenue collection showed by Torkham Customs Station in 17 days of ... Read More »

All MCC Islamabad stations post Rs71m additional CD during 11 days of October

All MCC Islamabad stations post Rs71m additional CD during 11 days of October copy

ISLAMABAD: All the stations of the Model Customs Collectorate Islamabad received Rs71.00million surplus revenue of Customs Duty during initial 11 days of October Financial Year 2017-18 against the same period of last financial year’s collection. According to details explained by Additional Collector Shahid Jan that the customs stations, working under Model Customs Collectorate (MCC) Islamabad, comprise Islamabad Dry Port (IDP), ... Read More »

MCC Islamabad expected to meet 2nd quarter target of Rs3537.84m like it did during first quarter

MCC Islamabad expected to meet 2nd quarter target of Rs3537 84m like it did during first quarter copy

ISLAMABAD: The Federal Board of Revenue has assigned Rs3537.84million of all duties and taxes to the Model Customs Collectorate Islamabad for second quarter Financial Year 2017-18. According to details given by Collector Dr. Saeed Khan Jadoon of the Model Customs Collectorate (MCC) Islamabad that Customs Collectorate of Islamabad is expected to meet its allocated revenue collection targets under all the ... Read More »

Appraisement West collects Rs 23.27m during two weeks of October

Appraisement West collects Rs 23 27m during two weeks of October copy

KARACHI: Customs Collectorate of Appraisement West has generated Rs 23.27 million under the head of customs duty, sales tax, income tax and federal exercise duty during 14 days of October. Sources told Customs Today that Customs Appraisement West collected Rs 7.85 million under the head of customs duty, Rs 5.89 million under the head of sales tax, Rs 5.55 million ... Read More »

Customs Preventive Hyderabad takes 60,000 liter Iranian diesel into possession

Customs Preventive Hyderabad takes 60 000 liter Iranian diesel into possession copy

HYDERABAD: The Anti-Smuggling Organization (ASO), Customs Preventive Hyderabad, has impounded 60,000 liters of smuggling high speed (HSD) Iranian diesel along with an oil tanker. The market value of the seized diesel is Rs12million including duties and taxes. The arrested Driver was identified as Muhammad Kazar S/o Muhammad Noor. Sources told Customs Today that Customs Collector Akhlaq Ahmad Khattaq ordered the ... Read More »

PCA detects tax evasion of Rs 9.98m during first ten days of October

Millions of rupees corruption detected through WeBOC system copy

KARACHI: Directorate of Post Clearance Audit (PCA) Director Nadeem Memon has shown excellent performance and detected three new cases of tax evasions involving Rs 9.98 million in first 10 days of October. Sources told Customs Today that Directorate of Post Clearance Audit, headed by Director Nadeem Memon, uncovered cases pertaining to short payment of customs duty and sales tax and ... Read More »

Hyderabad Customs Intelligence seizes foreign origin cigarettes, Gutka, juice powder worth Rs 23m

Hyderabad Customs Intelligence seizes foreign origin cigarettes Gutka juice powder worth Rs 23m copy

HYDERABAD: The Customs Intelligence and Investigation Hyderabad Region raided a godown and seized 403 cartons of foreign origin cigarettes, 120 sacks of Indian Gutka and 2,481 cartons of foreign origin Al Tunsa Juice powder worth Rs 23 million including duties and taxes. Sources told Customs Today that Director Customs I&I Hyderabad Region Tahir Qureshi received a tip-off about the non-duty-paid ... Read More »

Multan Customs Intelligence impounds vehicles & goods worth Rs32.60m in September

Multan Customs Intelligence impounds vehicles & goods worth Rs32 60m in September copy

MULTAN: Directorate of Customs Intelligence and Investigation has impounded vehicles and miscellaneous goods worth Rs32.60 million during September of on-going Fiscal Year 2017-18. Deputy Director Customs Intelligence and Investigation Multan Range Office Khial Muhammad Khan carried out various anti-smuggling operations against smuggled goods and vehicles in the territory on the directions of Director General Customs Intelligence and Investigation. During the ... Read More »

Faisalabad Customs releases consignments after receiving duty & taxes

Faisalabad Customs releases consignments after receiving duty & taxes copy

FAISALABAD: The Customs Intelligence and Investigation released three consignments worth Rs1623301 after receiving the evaded amount of duty and taxes. The said consignments were intercepted during the month of September 2017. The consignments released by the Customs Intelligence consist of foreign origin Black tea worth Rs45982, foreign origin shoes valued at Rs906,325 of Abdul Rehman and consignment of ladies sandals ... Read More »