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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

Avoidance of double taxation accord to stimulate business, trade activities: Brazilian envoy

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ISLAMABAD: Ambassador of Brazil Claudio Raja Gabaglia Lins has said that with the objective to enhance bilateral trade volume and increase the economic cooperation between Pakistan and Brazil both the countries are going to establish Pakistan Brazil Business Council (PBBC). PBBC is going to be a platform for both Pakistani and Brazilian investors and businessmen to discuss their future plans ... Read More »

Multan Adjudication decides cases involving Rs 34.36m: Additional Collector Talib Hussain

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MULTAN: Collectorate of Customs Adjudication is one of the most important Collectorate for the generation of revenue in customs and disposal of seizure cases generate revenue for the Collectorate on merit. Additional Collector Customs Adjudication Talib Hussain expressed these views during an exclusive interview with Customs Today the other day in his office. He said that accurate assessment in Customs ... Read More »

Regulatory duty will push up smuggling: Mian Zahid Javaid

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Says FBR should withdraw withholding tax on banking transactions, discretionary powers of tax officials LAHORE: The regulatory duty on imported items will push-up smuggling in the country and the government must focus on increasing exports by facilitating local industry to meet the trade deficit. The Federal Board of Revenue (FBR) should withdraw withholding tax on banking transactions and discretionary powers ... Read More »

Audit selection of taxpayers based on transparent, automated process: FBR Member Rehmatullah Wazir

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ISLAMABAD: Federal Board of Revenue (FBR) Member Taxpayers Audit Rehamtullah Khan Wazir has believed that new trend in taxpayers audit will not only promote compliance with the existing tax laws but will also generate more revenues. He expressed these views during an exclusive interview with Customs Today. Rehmatullah Wazir said that the audit policy for 2016, will continue in future ... Read More »

Smuggling will be impossible in days to come: Deputy Director Azam Khan

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FAISALABAD: Directorate of Customs Intelligence and Investigation Deputy Director Muhammad Azam Khan said that Pakistan Customs has launched a countrywide anti smuggling campaign on the directives of Director General Shaukat Ali. He said that resulted steps are being taken to completely eliminate the menace of smuggling. Talking to Customs Today during an exclusive interview in Faisalabad, Deputy Director Azam Khan ... Read More »

Akhlaq performs brilliantly by generating Rs1b more revenue than earmarked target

Akhlaq Ahmed Khatak

HYDERABAD: The MCC Hyderabad has surpassed the revenue targets of Customs Duty, Sales Tax and Federal Excise Duty as well as overall target for the 1st-quarter of the current financial year. The MCC Hyderabad collected Rs3.362billion against the target of Rs2.491billion assigned by the FBR, which is 35% higher. The MCC generated 58% more revenue compared to the revenue done ... Read More »

Pakistan Customs officers, staff remarkably outstanding: Collector Faiz Ahmad

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Says Lahore Preventive revenue growth hits record high of 47 percent during 1Q Guidance of Member Customs also proved instrumental in making big total LAHORE: Pakistan Customs officers and staff everywhere are remarkably outstanding and they can yield exceptionally good results if led by example and trust. Collectorate of Customs Preventive Lahore revenue growth has touched to a record high ... Read More »

Peshawar Customs Intelligence makes 46 seizures cases worth Rs 183.2m during 1Q: M Saleem

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PESHAWAR: The Directorate of Customs Intelligence and Investigation (I&I) Peshawar made 46 seizure cases of smuggling goods valued at Rs183.2million during the 1st-Quarter Financial Year (FY) 2017-18. The directorate seized heroin worth Rs13.7million during said period. The Directorate of I&I has established and made functional the PRAL, which has improved its efficiency/capacity in retrieving the data and generation of reports ... Read More »

ASO evolves new strategy to seize non-duty paid vehicles in Islamabad

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ISLAMABAD: The Anti-Smuggling Organization (ASO) of the Model Customs Collectorate has evolved a new strategy to impound non-duty paid vehicles in Islamabad during the second quarter (from October to December) in the financial year 2017-18. In an exclusive interview with Customs today, ASO Assistant Collector Majid Hussain Gadd said that besides acting against non-duty paid vehicles, the department will also ... Read More »

‘North Region exceeds allocated target with 9% above collection in first quarter’

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ISLAMABAD: Sarwat Tahira Habib, Chief Collector, Customs North Region, consisting of Customs Collectorates of Islamabad, Peshawar, Sialkot and Gilgit-Baltistan communicated her appreciation to the officers and staff of the Customs North Region on achieving the assigned monthly revenue targets of Customs Duty (CD) and Total Duty Taxes for the Financial Year (FY) 2017-18. The Chief Collector North discloses that she ... Read More »

Customs ASO to boost large scale anti smuggling activities: Assistant Collector Shah Samad Hamadani

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FAISALABAD: The Customs Collectorate is paying special attention and focuses to boost large scale Anti Smuggling Organization (ASO) activities in order to make the region well protected against smuggling. This was stated by Faisalabad Customs Assistant Collector Shah Samad Hamadani during an interview with Customs Today. He said, we are always busy in motivating and preparing anti smuggling and appraisement ... Read More »

Islamabad Customs posts 103.14pc increase against set duties & taxes during September

Collector Saeed Jadoon Quetta

ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad showed 103.14% increase against the assigned revenue collection target of all duties and taxes for September Financial Year (FY) 2017-18. The collectorate has geared up its efforts to chase the allocated target for 2nd Quarter (October to December) FY17-18. The MCC Islamabad lost Rs156.00million revenue due to increase of duties and taxes in ... Read More »

Though exports are thriving at Islamabad Section yet declining in rest of country: Saiqa

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ISLAMABAD: The Exports Section of the Model Customs Collectorate (MCC) Islamabad posted a 38% growth of exports during the 1st-Quarter (July to September) Financial Year (FY) 2017-18 against the same period of corresponding FY16-17. The Exports Section gained the business worth Rs8200.44million during the First-Quarter FY17-18. Although exports are flourishing at the Exports Section of Islamabad Customs yet they are ... Read More »

FBR showing outstanding performance to strengthen national economy: Khawar Siddique

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LAHORE: Trust-based environment at workplaces helps achieve desired goals so the Regional Tax Office-II is following the practice in order to achieve revenue targets and facilitate taxpayers. The FBR has been showing outstanding performance for the last few years and the same efforts will be continuing to strengthen the national economy. These views were expressed by RTO-II Deputy Commissioner Khawar ... Read More »

Govt should set up Customs office in Gujranwala, says GTBA President Abid Hafeez

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Says non –issuance of refund, rebate has made industrialist to shut down units, delays in sales tax registration has become a routine matter LAHORE: Gujranwala is a big industrial hub and there must be a Collectorate of Customs to cater to the needs of importers and exporters and resolve their day to day issue of clearance, valuation and other problems.  ... Read More »

Customs AFU foils attempts to smuggle foreign currency, heroin to Saudi Arabia, Bangkok

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ISLAMABAD: Under the supervision of newly deputed Additional Collector Air Freight Unit (AFU) Nisar Ahmed Phullerwan, the customs staff of the Benazir Bhutto International Airport Islamabad has foiled attempts to smuggle $19,000, at least 100,000 Saudi riyals and one kilogram ice heroin to Saudi Arabia and Bangkok. During an exclusive interview with Customs Today, Additional Collector AFU Nisar Ahmed Phullerwan ... Read More »

MCC Islamabad collects Rs109.37m more duties & taxes during 23 days than yesteryear

deputy collector Shahid Jan

ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad generated additional revenue of Rs109.37million during first 23 days of September Financial Year (FY) 2017-18 under the heads of all duties and taxes against the same period of FY16-17. According to details explained by Shahid Jan, Acting Additional Collector MCC Islamabad, while giving an exclusive interview to Customs Today that, against the same ... Read More »

DC IDP Islamabad abolishes holiday of Saturday to achieve revenue targets for 2017-18

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ISLAMABAD: Newly appointed Deputy Collector Islamabad Dry Port (IDP) Tahir Iqbal Khattak has abolished the holiday of Saturday so as to meet the revenue targets assigned for Financial Year 2017-18. Following the instructions given by Dr. Saeed Khan Jadoon, Collector, Model Customs Collectorate (MCC) Islamabad, that IDP is providing facilitation to the business community according to the customs bylaws. The ... Read More »

Pakistani investors may benefit from free trade regime between Ukraine and EU: Envoy Lakomov

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ISLAMABAD: Ambassador of Ukraine Volodymyr Lakomov has said that trade and economic cooperation between Pakistan and Ukraine is increasing with the passage of time and Pakistani investors may benefit from free trade regime between Ukraine and European Union (EU). In an exclusive interview with Customs Today, Lakomov said that in 2016, according to the State Statistics Service of Ukraine, the ... Read More »

Trust in investors, businessmen must for stable, strong economy: LCCI chief Abdul Basit

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Says govt, FBR should change their attitude toward traders & adopt congenial, business friendly policies LAHORE: In order to make the county’s fragile and delicate economy stable and strong, the businessmen and investors must be respected, trusted and given level playing field to operate, said Abdul Basit, the president of Lahore Chamber of Commerce and Industry (LCCI), the other day. ... Read More »