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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

FIA starts legal procedure against Maersk Line in Rs 15b demurrage & detention scam

Soren Skou and Claus V Hammingsen

KARACHI: The Federal Investigation Agency (FIA) has taken notice against terminal operators and shipping companies in Rs 15 billion mega demurrage and detention scam and started legal action against the accused in this regard. FIA Corporate Crime Circle Karachi has started legal procedure by issuing a letter No FIA/CCCK/VRF-52/2018/5486-87 in this case. Another complaint received by the FIA demanded legal ... Read More »

Importer moves SHC seeking release of medicated creams & face washes consignment

SHC

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general directing them to file their para wise comments on a petition filed by M/s Javad & Co for seeking release of its consignments comprising medicated creams and face washes. A two-member bench, headed by Justice Aqeel Ahmed Abbasi, heard the matter on October 22, ... Read More »

Customs Court approves bail of appraiser involved in betel nuts smuggling

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KARACHI: The Customs Court granted post-arrest bail to suspect namely Muhammad Shahid Murad, Appraiser, Customs Collectorate of Appraisement, Customs House Karachi, who was booked in a case of attempting to smuggle non-duty paid 209,540 kilograms betel nuts. On October 22, 2018, counsel for the accused moved bail petition and argued that his client is innocent and was falsely implicated in ... Read More »

Customs Court sends suspected betel nuts smugglers to jail

Customs court sends suspected betel nuts smugglers to jail on remand copy

KARACHI: The Customs Court sent suspects namely Baz Muhammad son of Malik Abdul Qayyum and Abdul Jabbar son of Muhammad Yousaf to jail on judicial remand who were booked in a case of attempting to smuggle non-duty paid betel nuts and other contraband goods. On October 22, 2018, investigation officer produced them before the court and informed that on  credible ... Read More »

Customs players will join national teams soon: Member Customs Zahid Khokhar

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KARACHI: Federal Board of Revenue (FBR) Member Customs Zahid Khokhar has said that the Customs department is also playing vital role in sports section and soon Customs’ players will be playing in national teams. Member Customs Zahid Khokhar, who was the chief guest of the event, said this after a friendly hockey match played between Junaid Shah Eleven and Iftikhar Ahmed ... Read More »

Govt should take notice of unjustified demurrage & detention charges by Maersk Line: Mian Zahid Hussain

Mian-Zahid-Hussain

MULTAN: Ministry of Port and Shipping should take notice into the matter and constitute special committee to resolve the issue of genuine importers and stop Maersk shipping line from collecting illegal demurrage and detention charges on clearance of shipments. This was stated by President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain while talking to Customs Today exclusively here the ... Read More »

Customs Exports submits challan against M/s First Way Link Traders & others involved in tax evasion

Saifullah Junejo

KARACHI: The Customs Court issued non bail-able warrants against absconding suspects namely Afaq Ahmed, proprietor of M/s First Way Link Traders, Asim Jadoon, partner/ owner of M/s International Cargo Leaders, Haji Juma Gul, Shah Wali, owners of goods exported against fake Form E Nazimuddin, Supplier of all fake Form E and others, who were booked in a case of mega ... Read More »

SHC seeks reply on petition filed by M/s Telenor Pakistan

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KARACHI: The Sindh High Court (SHC) issued notices to customs department and deputy attorney general on a petition filed by M/s Telenor Pakistan Private Limited against demand notice for extra duties and taxes on import on HP Server for Easypaisa portfolio. On October 19, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi heard the matter. During the hearing, ... Read More »

ASO recovers huge quantity of smuggled betel nuts from Kharadar, City Railway Station

ASO recovers huge quantity of smuggled betel nuts from Kharadar City Railway Station copy

KARACHI: Customs Intelligence and Investigation (I&I) Anti-Smuggling Organization (ASO) has busted huge quantity of smuggled contraband items worth millions of rupees. According to the details, on the tip of higher authorities a team was constitutes by the Customs Intelligence and Investigation (I&I) Anti Smuggling Organization (ASO) to conduct raids over the authentic information of consignment containing betel nuts along with ... Read More »

Customs Court sends suspect lady to jail booked in mobile phones smuggling case

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KARACHI: The Customs Court sent suspect lady namely Seema Rauf wife of Abdul Rauf to Central Jail Karachi on judicial remand, who was booked in a case of attempting to smuggled non-duty paid foreign origin mobile phones and memory cards valuing to Rs5,809,413. On October 20, 2018, investigation officer produced the above mentioned lady before the court and informed that ... Read More »

Govt accords high priority to value added textile export sector: Member Customs Zahid Khokhar

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KARACHI: Federal Board of Revenue (FBR) Member Customs Muhammad Zahid Khokhar has said that exporters are reciprocating to the nation while exporting products and earning foreign exchange which is the great service to the country. He expressed these views during his visit to Pakistan Hosiery Manufacturers & Exporters Association (PHMA) where he met with the association’s office-bearers besides leading exporters. During ... Read More »

M/s Musaji Adam & Sons moves SHC against recovery notice of Rs10.899m

SHC

KARACHI: The Sindh High Court (SHC) directed officials of the Federal Board of Revenue (FBR) to file their para-wise comments on a petition filed by Muhammad Younis Vohra proprietor of M/s Musaji Adam & Sons against imposition of additional taxes. On October 18, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, heard the matter. During the hearing, counsel ... Read More »

SHC seeks reply on petition filed by M/s Raz Textile

SHC

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general and directed them to file their para-wise comments on a petition filed by Khursheed Alam, proprietor of M/s Raz Textile seeking release order for its consignment of textile products lying at Port Qasim detained by customs officials. On October 19, 2018, a two-member bench, headed ... Read More »

Appraisement East redistributes work amongst Assistant/Deputy Collectors

Karachi Customs3

KARACHI: The Model Customs Collectorate of Appraisement (East), Karachi on Saturday redistributed work amongst Assistant/Deputy Collectors as mentioned against their names with immediate effect and till further orders. Deputy Collector Muhammad Ali Malik, awaiting posting, has been posted at Headquarters, Group-VI, R&D, MIS-II, CPF. Deputy Collector Riaz Hussain, awaiting posting, has been posted at Group-VII, Audit (External SAPT). Deputy Collector ... Read More »

Customs Court sends suspected betel nuts smugglers on physical remand

Customs court sends suspected betel nuts smugglers to jail on remand copy

KARACHI: The Customs Court sent suspects namely Baz Muhammad son of Malik Abdul Qayyum and Abdul Jabbar son of Muhammad Yousaf, who were booked in a case of attempting to smuggle non-duty paid betel nuts and other contraband goods, to Pakistan Coast Guards on physical remand. On October 19, 2018, investigation officer produced them before the court and informed that ... Read More »

New mechanism being evolved for tax refunding: Asad Umar

Asad Umar

KARACHI: Finance Minister Asad Umar says government will focus on economic priorities while formulating the foreign policy. Addressing a ceremony of Federation of Pakistan Chambers of Commerce and Industry in Karachi on Saturday, he said the government has decided to set economic diplomacy initiative to reap maximum benefits in its relations with other countries. Asad Umar said the government is ... Read More »

Customs links clearance of diplomatic consignments with exemption certificate

pakistan-customs

KARACHI: Pakistan Customs has linked clearance of diplomatic consignments with original copy of tax exemption certificates to check misuse of the facility exclusive to foreign embassies. According to sources, Customs authorities tightened monitoring of diplomatic cargos to prevent misuse of exemption and concessions granted to imported consignments under Vienna Convention. Vienna Convention on Diplomatic Relations 1961 guarantees privilege to diplomatic ... Read More »

SHC seeks reply on petition filed by M/s English Biscuits Manufactures Private Ltd

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KARACHI: The Sindh High Court (SHC) directed officials of the Federal Board of Revenue (FBR) to file their para-wise comments on a petition filed by M/s English Biscuits Manufactures Private Limited against imposition of super tax for year 2015 to 2017. On October 18, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, was hearing the matter. During the ... Read More »

SHC seeks comments on petition filed by M/s O.S. Corporation

SHC

KARACHI: The Sindh High Court (SHC) directed customs officials and deputy attorney general to make sure filing of their comments on a constitutional petition filed by M/s O.S. Corporation against disputed valuation of prime quality hot-dipped galvanized steel coils imported from China. Order came on October 18, 2018, while the hearing of petition, a two-member bench, headed by Justice Aqeel ... Read More »

Customs Court directs MNA Aslam Singapuri to join probe regarding tax evasion of Rs28.57m

tax evasion

KARACHI: The Customs Court extended pre-arrest bail of Aslam Khan allias Aslam Singapuri, elected MNA 254, who was declared proclaimed offender in a case of mis-declaration and evading the duty and taxes in the tune of Rs28.57 million to the national exchequer. On October 18, 2018, during the hearing, above mentioned suspect appeared before the court along with his counsel, ... Read More »