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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

Collector Port Qasim Ch Javed to lodge case against M/s M.B. Fertilizer for evading Rs6.78m taxes

File 3

KARACHI: Collector Customs Port Qasim decided to register case against M/s M.B. Fertilizer for evading over Rs 6.78 million taxes and duties and defrauding the government in import of different chemicals. Sources told Customs Today Port Qasim, that Collector Chaudhery Javed received information that M/s M B Fertilizer imported different consignments and consignments were declared totally filled with chemicals. The ... Read More »

Adjudication-I recovers Rs8.59m from M/s Mas Traders

Tahir Qureshi

KARACHI: Customs Adjudication-I issued recovery and final notice to two defaulter companies and recovered Rs 8.59 million from M/s Max Traders. Sources told Customs Today that defaulter company M/s Max Traders got cleared a consignment of electronics accessories including drill machines, parts of drill machines, LED TVs, picture tubes and other items on February 13, 2018 and evaded a tax ... Read More »

Customs Export retrieves Rs9.12m from two defaulter companies

Tax Revenue

KARACHI: The Customs Export recovered evaded amount of taxes and duties of Rs 9.12 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that, during scrutiny of the import data, it was revealed that M/s Kamil Associates availed undue benefits and concessions by importing blankets, bed sheets and pillow covers by ... Read More »

Customs Court approves bail to suspect booked in HSD smuggling case

bail

KARACHI: The Customs Court granted bail to suspect namely Abdul Hussain son of Abdul Sattar, who was booked in a case of attempting to smuggle non-duty paid 4500 liter High Speed Diesel (HSD) which was being smuggled through sea. Naib Subedar/ Investigation Officer Arshad of Pakistan Coast Guard produced the above mentioned suspect before the court and informed that on ... Read More »

Customs Court sends suspects to jail booked in tax evasion

tax evasion

KARACHI: The Customs Court send suspects namely M Najib Markatia, owners/ proprietor/ partner of M/s Paradise Ecommerce Solutions and Rafiq Ahmed Siddiqui, clearing in-charge of M/s Paradise Ecommerce Solution to Central Jail on judicial remand, who were booked in a case mis-declaration and evasion of duty and taxes to the tune of Rs28,54,943. Investigation Officer produced the above mentioned suspects ... Read More »

SHC issues notice to customs dept on petition filed by M/s Manzoor Sons (Pvt) Ltd

SHC

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a constitutional petition filed by M/s Manzoor Sons Pvt Ltd, seeking release order of its consignments of non-woven material/ fabric seized by customs department due the disputed valuation. Directives were issued by a division bench, headed by Justice Aqeel Ahmed Abbasi on Tuesday’s ... Read More »

Importer moves SHC seeking release of tyres consignments

shc

KARACHI: M/s Saiban International moves the Sindh High Court (SHC), seeking release order of consignments of tyres and change of consignee in its favour. Counsel for the petitioner stated in his constitutional petition that it is engaged in the business of import of tyres and tubes from various countries around the world including from China. In routine course of business ... Read More »

Customs Court approves interim challan in betel nuts smuggling case

Appraisement West submits another FIR in betel nuts smuggling case copy

KARACHI: The Customs Court approved interim charge-sheet against suspect namely Abdul Ghani son of Muhran Gul, who was booked in a case of attempting to smuggle contraband betel nuts etc. Investigation Officer Sadam Hussain submitted interim charge-sheet and informed the court that on a credible information, a team of customs department found a truck bearing registration no C-3150 parked inside ... Read More »

Adjudication-II serves show-cause notices to three defaulter companies

Tahir Qureshi

KARACHI: Customs Adjudication-II served final notice to three defaulter companies including M/s Maryam Knitwear, M/s Sultan Jali Works  and M/s Wadood Associates, Karachi. Sources told Customs Today that M/s Maryam Knitwear was allegedly involved in tax evasion. The company imported color matching machines, parts of folding machines, digital door lock and so many other items , on December 22, 2017. ... Read More »

M/s Berger Paints Pak moves SHC challenging VR No 1278/2018

JamaicaBerger

KARACHI: The M/s Berger Paints Pakistan Limited Lahore has moved the Sindh High Court (SHC), challenging assessment of consignment of epoxy resin under Valuation Ruling Number 1278/2018 dated 29/03/2018. Counsel for the petitioner stated in its constitutional petition filed on Thursday that petitioner is a sole proprietor engaged in the import of the epoxy resin as raw material for paint ... Read More »

Customs Court approves bail of accused involved in betel nuts smuggling case

bail

KARACHI: The Customs Court has granted after-arrest bail to suspects namely Syed Mahmood Khan, son of Syed Abdul Alla, and Saleem Shah, son of Muhammad Rafiq, who were booked in a case of attempting to smuggle betel nuts and other contraband goods. On Thursday, the court announced order on bail petitions and directed suspects to submit Rs300,000 each for surety ... Read More »

Customs Court sends suspect to jail booked in gold smuggling

gold1

KARACHI: The Customs Court sent suspect namely Muhammad Junaid son of Abdul Sattar Jamal to Central Jail Karachi on judicial remand, who was booked in a case of attempting to smuggle non duty paid gold . Investigation officer produced the above mentioned suspect before the court and informed that at the International Departure Hall, Jinnah International Airport Karachi inspector Airport ... Read More »

Customs court sends suspect to jail booked in foreign currency smuggling case

foreign-currency

KARACHI: The Customs Court has sent suspect namely Sami Ullah Shaikh, son of Shamuddin, to Central Jail Karachi on judicial remand. The accused was booked in a case of attempting to smuggle foreign currency worth millions of rupees during a raid at Jinnah International Airport Karachi. On Thursday, investigation officer produced the suspect before the court and submitted that customs ... Read More »

PCA detects tax & duty evasion of Rs14.57m by M/s Rohail Marble & Export Company

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

KARACHI: The Directorate of Customs Post Clearance Audit detected duties and tax evasion of Rs 14.57 million by M/s Rohail Marble and Export Company, it is learnt here. Sources told Customs Today that M/s Rohail Marble and Export Company, Karachi imported a consignment of  cutter blades, floor tiles machines and Tiles polish chemicals, got it cleared from the PICT Karachi vide GDs ... Read More »

Customs Export recovers evaded amount from M/s Rubina Associates & M/s Danish Carpets Hyderabad

Saqif Saeed

KARACHI: The Customs Export recovered evaded amount of Rs 11.75 million from M/s Rubina Associates and M/s Danish Carpets Hyderabad. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Rubina Associates availed undue benefits and concessions by importing various types of branded juices and gents shoes by misusing the SRO 559 through Examiner ... Read More »

Customs Court approves remand of suspects booked in betel nuts smuggling case

Quetta Customs seizes betel nuts & goods worth of Rs40m copy

KARACHI: The Customs Court has sent suspects namely Muhammad Javad, son of Muhammad Iqbal; Muhammad Bilal, son of Muhammad Javad, and Durwaish, son of Parast, who were booked in a case of attempting to smuggle contraband betel nuts to customs luck-up for physical remand. On Wednesday, Azhar Malik, investigation officer of Anti-Smuggling Organization MCC Preventive produced the above-mentioned suspects along ... Read More »

PCA detects Rs10.54m tax evasion by M/s Badami Garments & Export

audit

KARACHI: The Directorate of Customs Post Clearance Audit detected duties and tax evasion of Rs 10.54 million by M/s Badami Garments and Export, Karachi, it is learnt here. Sources told Customs Today on Wednesday that M/s Badami Garments and Export imported a consignment of fabrics printed machines, cotton folding machines and sewing , embroidery machines, and got it cleared from ... Read More »

SHC seeks comments on petition seeking release of consignments

SHC

KARACHI: The Sindh High Court (SHC) issued notices to the Customs department, deputy attorney general and directed them to file their respective para wise comments on a constitutional petition filed by M/s F.A.S Enterprises seeking release order of its consignments of optical frames, wrist watches and other miscellaneous goods detained by customs officials. Directives were issued by a two-member bench ... Read More »

Sindh Excise achieves 95pc revenue target

exciseandtaxation

KARACHI: The Sindh Excise, Taxation and Narcotics Control Department has recovered Rs59,420,933 millions in ten months from July 2017 to May 2018, during current fiscal year while in the same period during last fiscal year Rs52,212,932 millions were recovered. “So far the Excise Department Sindh has got 95 percent target in eleven months that is a great achievement.” This was ... Read More »

KPT seeks collection booths functioning during Eid holidays

kpt-497x330 (1)

KARACHI: Chief Accounts Officer of Karachi Port Trust (KPT) asked the Chief Manager of Habib Bank Limited to establish special booths for collection of duty and taxes during Eidul Fitr holidays. In a letter to chief manger, KPT accounts officer hoped that necessary measures will be taken for smooth functioning of collection booths in order to facilitate the importers, exporters ... Read More »