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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

Customs JIT finalises report of mega scam of kerosene oil smuggling

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KARACHI: A Joint Investigation Team (JIT) has finalized its report with regard to the smuggling of kerosene oil (HS code 2710.1911) in garb of white spirit (HS code 2710.1240). Sources informed Customs Today that the report will be submitted to the Ministry of Commerce and the FBR chairman since the Directorate of Intelligence and Investigation -FBR (Customs Enforcement), Karachi had ... Read More »

SHC adjourns hearing of plea filed by M/S Anwar Associates seeking restoration of ID

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KARACHI: The Sindh High Court (SHC) has adjourned the hearing of a petition filed by M/s Anwar Associates, seeking restoration of its ID blocked by the customs authorities due its the alleged involvement in Afghan Transit scam. A two-member bench, comprising Justice Munib Akhtar and Justice Omer Sial was hearing the application. Earlier, counsel for the petitioner stated that it ... Read More »

SC calls record from NAB on petition filed by suspects in tax fraud case

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KARACHI: The Supreme Court has directed the investigation officer of the Federal Investigation Agency (FIA) to produce copies of the cheques and other documents on an appeal filed by suspects namely Nazeer Ahmed Channa, Tila Muhammad, Mureed Abbas and others, seeking bail before the arrest in a tax refund fraud case. A two-member bench, comprising Justice Faisal Arab and Justice ... Read More »

Customs Court sends suspects on physical remand booked in gold smuggling case

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KARACHI: The Customs Court Judge Syed Faiz Rasool Rashdi sent suspects namely named Jameel Akhtar and Jameel Qureshi to customs department on physical remand, who were booked in case of attempting to smuggle huge quantity of gold worth millions of rupees. During the hearing, investigation officer produced the above mentioned suspects before the court and submitted that the higher authority ... Read More »

Customs Exports recovers Rs 6.13m from M/s Rozeena Traders

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KARACHI: The Customs Exports has recovered evaded taxes and duties amounting to Rs 6.13 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 Rozeena Traders Hyderabad availed undue benefits and concessions by importing different consignments and misusing the SRO ... Read More »

Suspect fled from Customs Court booked in smuggling of cigarettes

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KARACHI: A suspect namely Muhammad Ibrahim fled out from the Customs Taxation & Anti-Smuggling on Monday when he was produced before the court in a case of attempting to smuggled/ non-duty paid contraband foreign cigarettes from Iran to Karachi. According to the details, officials of the Anti-smuggling Organisation has produced suspects bus driver namely Bashir and cleaner Muhammad Ibrahim before ... Read More »

FST seeks complete record on complaints filed by FBR employees

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ISLAMABAD: Federal Service Tribunal issued fresh directives to submit relating record of cases being contested by employees of FBR at tribunal. FST chairman Justice (r) Sayed Zahid Hussain and and Dr Nazir Saeed heard three cases filed by M Sulaman Javed, Muhammad Nawaz, Muhammad Shakeel Akhtar and others. Muhammad Sulaman Javed had prayed to tribunal to ensure implementation over its ... Read More »

Monitoring of green channels increased on Member Customs Zahid Khokhar’s directions

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KARACHI:  On the directions of Federal Board of Revenue (FBR) Member Customs Zahid Khokhar, the Customs authorities have increased the monitoring of green channel facility and prohibited the goods declarations filed by self IDs, sources said. The authorities declared the involvement of clearing agents compulsory in the process of clearance of the consignments for importers rather than filing the goods ... Read More »

ASO Preventive foils bid to smuggle charas through Daewoo Express

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KARACHI: The Anti-Smuggling Organization (ASO) has foiled a bid to smuggle a huge quantity of charas through a Daweoo passenger bus. According to the details, the ASO, Model Customs Collectorate (MCC) Preventive, started the checking of the passenger buses at the Mochko point. During the strict surveillance, the staff intercepted a bus coming from Quetta and searched it completely. While ... Read More »

Custom Preventive foils bid to smuggled 3kg gold worth millions of rupees

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KARACHI: Pakistan Customs Preventive has foiled a bid to smuggle huge quantity of gold worth million of rupees at the arrival of the Jinnah International Airport (JIAP). According to the details, the higher authority received an authentic information regarding the smuggling of huge quantity of Gold worth millions of rupees through passenger coming from Dubai. A team was constituted and ... Read More »

DG Valuation Surriya to revise VR No 762/2015 on January 5, 2018

Surraiya Butt

KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Ruling No: 762/2015 on January 5, 2018, it is learnt. According to the details, Director General Surriya Butt has said that the department was reviewing suggestions from various importers to set new prices of second hand clothes, shoes and used leather bags, jackets, belts, ... Read More »

PCA uncovers alleged duty & tax evasion of Rs8.50m by M/s Amjad Salman & Co

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KARACHI: The Directorate of Customs Post Clearance Audit (PCA) has detected duty and tax evasion of Rs8.50million allegedly by M/s Amjad Salman & Co., it is learnt. Official sources told our reporter that M/s Amjad Salman & Co imported a consignment of USB head fones and key boards and different computer accessories under the PCT Heading 2604.3403 and got it ... Read More »

Customs Export recovers Rs 14.73m from defaulter companies

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KARACHI: The Customs Exports has recovered evaded taxes and duties amounting to Rs 14.73 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 Unique Garments and Export availed undue benefits and concessions by importing different consignments and misusing the ... Read More »

Customs imports two surveillance boats worth Rs300m from Turkey

Atlantic Navigation signs deal for new liftboat

KARACHI: Pakistan Customs has imported two latest surveillance boats worth Rs 300 million from Turkey to prevent smuggling in the open sea. Collector (Preventive) Dr Iftikhar Ahmad has said that the parts of boats were being fitted with equipment at Karachi Shipyard and would be handed over by February next year. He said the second boat would be added to ... Read More »

Appraisement East collects Rs13.14m during first week of December

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KARACHI: The Customs Collectorate of Appraisement East has collected Rs13.14 million under the heads of customs duty, sales tax, income tax and federal exercise duty during the first week of December. Sources told Customs Today that Customs Appraisement East received Rs3.26 million as customs duty, Rs2.58 million under the head of sales tax, Rs3.12 million as income tax and Rs4.18 ... Read More »

SHC orders Customs to release 39 construction vehicles

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KARACHI: The Sindh High Court has ordered release of 39 construction vehicles including dumpers, mixer trucks and others. The bench, hearing two separate identical petitions, heard Ms Dil Khurram Shaheen advocate, counsel for petitioner and counsel representing the customs department. The vehicles were detained for being imported in violation of para 9 of the Import Policy Order (IPO) 2013. The ... Read More »

SHC bench defers hearing of regulatory duty petitions till next week

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KARACHI: A Sindh High Court has deferred hearing of a Civil Petition for Leave to Appeal (CPLA) pertaining to regulatory duty till next week asking the appellant side to come prepared. The SHC bench was comprised of Justice Omar Ata Bindyal and Justice Afzal Ahmed, while Choudhry Zafar Iqbal represented the federal government as well as FBR. The respondents including ... Read More »

Collector Saeed orders registration of cases against appraising officers involved in tax evasion

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KARACHI: Collector of Customs Port Qasim Saeed Akram has ordered registration of cases against 10 suspects who were allegedly involved in tax evasion, including four appraising officers, sources said. However, the process of filing the first information report was delayed because the importers and clearing agents, involved in the case, filed a petition in the court against the custom officials, ... Read More »

Appraisement West generates Rs 11.91m during first week of December

Collector Appraisement WEST - SHahnaz Maqbool

KARACHI: The Customs Collectorate of Appraisement West has generated Rs 11.91 million customs duty, sales tax, income tax and federal exercise duty during the first week of December. Sources told Customs Today that Customs Appraisement West collected Rs 4.32 million customs duty, Rs 2.21 million sales tax, Rs 3.10 million under the head of income tax and Rs 2.28 million ... Read More »

Customs Export recovers Rs 14.11m from different companies

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KARACHI: The Customs Exports has sent a final notice to M/s Sarfaraz Textile and Export and recovered evaded taxes and duties amounting to Rs 14.11 million from different companies. Sources told Customs Today that Customs Export sent a final notice to M/s Sarfaraz Textile and Export to deposit balance amount. The company imported six fabric printed machines from Italy and ... Read More »