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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 to start awareness campaign for beneficiaries of Tax Amnesty Scheme 2018

FBR to start awareness campaign for beneficiaries of Tax Amnesty Scheme 2018 copy

  ISLAMABAD: Federal Board of Revenue (FBR) has decided to start an awareness campaign for the beneficiaries of Tax Amnesty Scheme 2018 in order to exhale their fear of action against them, it is learnt here. Official sources told Customs Today that the board in this regard has prepared a clarification memorandum which is pending for approval and the campaign ... Read More »

Hyderabad I&I impounds vehicle loaded with Indian gutka  

Hyderabad I&I impounds vehicle loaded with Indian gutka

HYDERABAD: Directorate of Customs Intelligence and Investigation team seized huge quantity of foreign origin Indian Gutka including truck being used for smuggling goods during successful action. Sources told Customs Today that on strict instructions of Director-General Zahid Khokhar, the I&I Hyderabad region took effective measures to check the smuggling in the region. Sources told that Deputy Director Shah Faisal Sahu received ... Read More »

Quetta Customs seals 15 illegal petrol pumps

Quetta Customs seals 15 illegal petrol pumps copy

QUETTA: Field Intelligence Unit (FIU) of Customs sealed 15 illegal mini pumps in Saryab Road. Assistant Director Customs Intelligence and Investigation Akmal Durrani told Customs Today that after strict instruction from Federal Tax Ombudsman (FTO), customs team with the assistance of local police sealed 15 mini petrol pumps located in different locations. Durrani quoted that “We raided these minis pumps ... Read More »

FBR issues notices to 46 officials of NAB Multan

FBR issues notices to 46 officials of NAB Multan copy

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) has issued tax notices to 46 officials of National Accountability Bureau (NAB) officials including director, deputy director and others, asking them to file their income tax returns. Sources told Customs Today that the Regional Tax Office issued income tax notices to 46 different officials of National Accountability Bureau working in ... Read More »

Customs Court seeks reply on bail petition filed by suspects in mobiles smuggling

Customs Court seeks reply on bail petition filed by suspects in mobiles smuggling copy

KARACHI: The Customs Court issued notices to customs department and special prosecutor for customs department on a bail petition filed by Hunnain Shah and Abdul Ahad, who were booked in a case of attempting to smuggle non-duty paid mobile phones. On February 13, 2019, counsel for the accused filed bail petition and argued that according with prosecution, in pursuance of ... Read More »

Appraisement East collects Rs7611.38m during first ten days of February

Appraisement East collects Rs7611 38m during first ten days of February copy

KARACHI: Collectorate of Customs Appraisement East collected Rs7611.38 million during first 10 days of February 2019 under heads of all duty and taxes. According to details, Appraisement East collected Rs 2748.75 million under the head of customs duty (CD), Rs 2847.57 million as sales tax (ST), Rs 1948.58 million as income tax (IT) and Rs 66.48 million as federal excise ... Read More »

FBR directs LTU to recover Rs183.94m from M/s Nishat Chunian Power Ltd & Pakistan Generation Power

FBR directs LTU to recover Rs183 94m from Ms Nishat Chunian Power Ltd & Pakistan Generation Power copy

ISLAMABAD: Federal Board of Revenue (FBR) directed Large Taxpayers Unit (LTU) to recover evaded amount of Rs183.94 million from two power generation companies which illegally claimed exemptions and caused national exchequer a loss of Rs183.94 million. According to the details, Federal Board of Revenue directed the Large Taxpayer Unit (LTU) Lahore to fix responsibility and take stern action against the ... Read More »

FBR, SBP start online collection of taxes through One-Link facility

FBR SBP start online collection of taxes through One Link facility copy

ISLAMABAD: The government is introducing policies to ease methods of revenue collection such as digitization of tax collection in Pakistan. In this regard, State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR) have jointly introduced the online collection of government taxes through One-Link facility. The aim is to improve payment system particularly from the perspective of revenue collection ... Read More »

Quetta ASO impounds 227 non-customs paid vehicles

Quetta ASO impounds 227 non customs paid vehicles copy

QUETTA: Under supervision of Collector Ashraf Ali, the Anti-Smuggling Organization (ASO) impounded 227 non-customs paid vehicles along with huge quantity of smuggled goods worth Rs72.68 million during the month of January. Talking with Customs Today, he said that during the month of January, the ASO seized 51782 kilograms of foreign origin cloth worth Rs19 million while seized green and black ... Read More »

Quetta Customs seizes huge quantity of narcotics worth Rs6.50m

Quetta Customs seizes huge quantity of narcotics worth Rs6 50m copy

QUETTA: Collectorate of Customs team seized huge quantity of hashish and bottles of fine quality wine worth Rs6.50 million including vehicle being used for smuggling. Sources told Customs Today on 4.2.2019 that Director I&I Muhammad Akram Chaudhary received secret information that some smugglers are trying to smuggle huge quantity of hashish and bottles of wines in secret parts of trucks which was heading ... Read More »

FBR assigns Rs3146.69m revenue collection target for February to Multan Customs

FBR assigns Rs3146 69m revenue collection target for February to Multan Customs copy

MULTAN: The Federal Board of Revenue (FBR) has assigned Rs3146.69 million revenue collection task for the month of February 2018-19 to the Collectorate. According to the details, Multan Collectorate assigned monthly revenue collection target for the second month of the third quarter of the current fiscal year 2018-19. The Collectorate has been allocated different revenue collection tasks under the head ... Read More »

FBR directs LTU to recover evaded amount of Rs669.486 from four textile mills

FBR directs LTU to recover evaded amount of Rs669 486 from four textile mills copy

ISLAMABAD: Federal Board of Revenue (FBR) directed the Large Taxpayer Unit (L:TU) Karachi to recover the sales tax amounting to Rs669.486 million from four textile mills including M/s Al Karam Textile NTN (069806-3), M/s Gul Ahmed Textile NTN (0698283-2), M/s Tata Textile Mills NTN (0698400-2) and M/s Dewan Textile NTN (0698400-2). According to the details, it was revealed in the ... Read More »

FBR directs RTO Hyderabad to recover Rs1.709m from M/s Mast Qalander Cotton Ginners

FBR directs RTO Hyderabad to recover Rs1 709m from Ms Mast Qalander Cotton Ginners copy

ISLAMABAD: Federal Board of Revenue (FBR) directed Regional Tax Office Hyderabad to recover government dues amounting to Rs1.709 million from M/s Mast Qalander Cotton Ginners (National Tax Number 4012115-1). Sources told Customs Today, M/s Mast Qalander Cotton Ginners made taxable supply of Rs10.679 million to the M/s Al-Muqeet Textile (Pvt) Ltd NTN 1858071-8 (Aative) at zero rate, and it was ... Read More »

Customs Court accepts charge sheet against accused in HSD smuggling

Customs Court accepts charge sheet against accused in HSD smuggling copy

KARACHI: The Customs Court accepted interim charge sheet and granted bail to suspects namely Abdul Subhan son of Ameer Khan and Mir Gul son of Muhammad Murrad, who were booked in a case of attempting to smuggle non-duty paid 17,200 liters High Speed Diesel (HSD). On January 28, 2019, investigation officer of customs department submitted interim charge sheet against the ... Read More »

Quetta ASO impounds six trucks loaded with smuggled HSD worth Rs21m

Quetta ASO impounds six trucks loaded with smuggled HSD worth Rs21m copy

QUETTA: Collectorate of Customs Anti-Smuggling Organization (ASO) impounded six trucks loaded with huge quantity of foreign origin diesel near Kolpur check post. Sources told Customs Today that Collector Ashraf Ali received credible information about smuggling attempt. He formed a team which includes inspectors Asghar Khan and Salahuddin. The established check post near Kolpur and started checking of vehicles. During checking ... Read More »

Customs I&I to hold auction of non-duty paid vehicles today

Customs I&I to hold auction of non-duty paid vehicles today copy

LAHORE: Directorate of Customs Investigation and Intelligence will hold auction of 21 non-customs paid luxury cars on March 24th (today). The details of the cars along with their models and registration numbers included: 2003 model Mercedes Benz S320, 1997 model Mercedes Benz E-240, 2000 model Mercedes Benz S500 car, 2003 model Mercedes Benz S500, 2004 model Mercedes Benz C180, 1999 ... Read More »

FBR starts crackdown against high net worth tax evaders

FBR starts crackdown against high net worth tax evaders copy

ISLAMABAD: Federal Board of Revenue (FBR) has launched a crackdown on high net worth tax evaders. The certain parameters are set to identify high net worth tax evaders having properties above Rs 20 million, vehicles above 1800CC and annual rental income above Rs10 million. FBR sources told Customs Today that under the crackdown against high net worth tax evaders, 3,121 notices ... Read More »

Faisalabad ASO seizes non duty paid dry fruit worth Rs10m

Faisalabad ASO seizes non duty paid dry fruit worth Rs10m copy

FAISALABAD: Customs Anti-Smuggling Organization (ASO) Faisalabad and Jhang has seized dry fruits with joint operation. Dry fruit which includes dry coconut, peanut kernel and walnut with shell worth Rs10 million. Sources told to Customs Today that ASO authorities received credible information that huge quantity of dry fruit are being lying at M/s Jeway Khan Pindi Hazara Goods Transport Company which ... Read More »

PRA serves notices to PMTA & LDA for not paying ST of Rs20b

PRA serves notices to PMTA & LDA for not paying ST of Rs20b copy

LAHORE: The Punjab Revenue Authority (PRA) has issued show-cause notices to the Punjab Mass Transit Authority (PMTA) and the Lahore Development Authority (LDA) for not depositing about Rs20.2 billion sales tax from May 2016 to June 2018. According to the details, the Punjab Mass Transit Authority has been served a show-cause notice for non-payment of Rs12.7 billion tax against services. ... Read More »

Customs Court approves remand of accused involved in mobile phones smuggling

Customs Court approves remand of accused involved in mobile phones smuggling copy

LAHORE: The Special Court of Customs Taxation and Anti-Smuggling handed over an accused to customs investigation team to dig out into the matter regarding smuggling of huge quantity of mobile phones. On 16.1.2019 customs investigation and prosecution team presented the accused before the court and asked for five days physical remand to investigate the case of 1305 mobile phones smuggling. ... Read More »