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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

FTO remands back tax refund appeal

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LAHORE: The Federal Tax Ombudsman (FTO) remanded back a tax refund appeal in a case filed by Proprietor Tauseef Brothers against the Regional Tax Office (RTO-II) Lahore and adjourned it until the next date of hearing. FTO Advisor Mian Munawar Ghafoor heard the case. The counsel for the appellant argued that the RTO had failed to release the sales tax ... Read More »

Customs Tribunal accepts appeal in imported UPS, mobile charger case

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LAHOER: The Customs Appellate Tribunal has accepted an appeal filed by the Deputy Collector Customs Dry Port MCC Multan against M/s H & D Enterprises and Collector of Customs (Appeals) Lahore. Omer Arshed Hakeem, Member Judicial Bench-II, heard the appeal in details and passed the judgement with remarks that respondent availed illegal benefit of the SRO 549(I) 2008 through misclassification ... Read More »

Politicians, civil society should avoid disturbing trade and economic activities: Governor Rajwana

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LAHORE: Politicians and civil society should show responsibility and avoid disturbing trade and economic activities, Governor Punjab Rafique Rajwana said on Wednesday. Addressing the Lahore Chamber of Commerce and Industry office bearers and members, he said that business community is the backbone of the economy and it must be facilitated for sustainable economic growth of the country. Senior Vice President ... Read More »

FBR announces Tax Advisory Committee on Wednesday

Time For Taxes Message Shows Taxation Due

LAHORE: The Federal Board of Revenue (FBR) Tax Office has announced members of Tax Advisory Committee for LTU, CRTO, RTO-II, Lahore to develop a more progressive tax structure with strong enforcement. In pursuance of directions contained in FBR C No 6(61) (IR-Operations)/2016 dated February 13,2018, Tax Advisory Committee (TAC) in respect of LTU, CREO CRTO, Lahore and RTO-II, Lahore, will ... Read More »

Customs Appellate Tribunal remands back appeal in smuggled food items case

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LAHORE: Customs Appellate Tribunal has remanded back appeal in seized smuggled foreign origin food items. Appeal was filed by the Collector of Customs, Anti-Smuggling Organization, Faisalabad versus Muhammad Nadeem, a resident of Quetta. Muhammad Shabbir Gujjar, member Judicial, heard the arguments from both sides, examined record and passed the judgment to set aside the appeal filed by the appellant, also ... Read More »

Customs Court approves judicial remand of accused involved in money laundering

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LAHORE: The Special Court of Customs Taxation and Anti-Smuggling has approved fourteen days judicial remand of the accused, who was arrested in currency smuggling case. According to details Faisal Hussain was arrested by the Customs Preventive team deputed at Allama Iqbal International Airport. Customs team during search of his luggage found huge quantity of foreign currency. Accused Faisal Hussain was ... Read More »

FTO concludes hearings of tax refund case

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LAHORE: The Federal Tax Ombudsman (FTO) concludedthe  hearing of appeal filed by M/s Hussain Sugar Mills against the Large Taxpayer Unit (LTU) until the next date of hearing. According to the details, FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the LTU had failed to satisfy the appellant in refund case. ... Read More »

Chairman FBR greets 31 newly appointed officers of IRS

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LAHORE: Chairman Federal Board of Revenue (FBR) issued greeting letters to newly posted officers of Inland Revenue Service (IRS). Customs Today learnt that Chairman Federal Board of Revenue (FBR) Tariq Pasha issued greeting letters to 31 newly posted officers of Inland Revenue Service (IRS). “All the new officers belonged to the 44th common of Civil Services. Sources told that Chairman ... Read More »

FBR undertakes postings & transfers of five customs officials

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LAHORE: Federal Board of Revenue (FBR) has issued a notification no: 0311-C-III-2018 dated 19.2.2018 according to which five customs officials are transferred from Lahore to Karachi. According to the notification Inspector Mohammad Imtiaz Hanif who is currently performing his duties in Collectorate of Customs Preventive which hereby transferred to Customs Collectorate of Port Mohammad bin Qasim with immediate effect. While ... Read More »

Customs Appellate Tribunal accepts appeal in seized Mini truck case

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LAHORE: The Customs Appellate Tribunal has vitiated the impugned order in seized vehicle case which was filed by the deputy collector Customs Preventive, against Muhammad Javiad. Omer Arshed Hakeem, Member Judicial, heard the case in details and passed the judgment with remarks that appeal stand accepted the original order survives in full statutory vigor. As per brief history of case, ... Read More »

Customs Court directs to conclude remarks in mobile phones smuggling

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LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has directed counsels to conclude their arguments in renowned case of Rs 6 million mobile phones smuggling. According to details accused Muhammad Naveed and Muhammad Faisal were arrested by the Customs Intelligence authorities from Lahore. Customs Intelligence has found 9700 mobile phones of different models from a warehouse of ... Read More »

FTO orders RTO to hears case of tax refund appeal filed by M Bilal

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  LAHORE: Federal Tax Ombudsman (FTO) remands back the appeal filed by Muhammad Bilal against the Regional Tax Office (RTO-II) Lahore and adjourned it until the next date of hearing. During the proceedings of case, Advisor Mian Munawar Ghafoor has heard the appeal in which counsel for the appellant argued that the RTO-II had failed to release the sales tax ... Read More »

Central Region posts 19pc growth in customs duty collection

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LAHORE: The Customs Central Region has posted a growth of 19 percent in collection of customs duty during the first 15 days of February of the financial year 2017-18 by collecting over Rs 2,601 million. As per details, the Customs Appraisement Lahore collected Rs 1,440 million and the Customs Preventive Lahore collected Rs 460 million duty during the period under ... Read More »

Customs Preventive collects Rs 3,444m duty, taxes in 15 days of February

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LAHORE: Collectorate of Customs Preventive has collected Rs 3,444 million all duty and taxes during the first 15 days of February of the financial year 2017-18, posting a growth of 24 percent against the monthly target of Rs 3,254 million. As per details, the Collectorate collected Rs 1,440 million customs duty during the period under review against the proposed target ... Read More »

Customs Appraisement collects Rs 1,887m in all duties and taxes

Collector Appraisement Jamil Nasir Khan

LAHORE: Collectorate of Customs Appraisement has collected Rs 1,887 million in all duties and taxes during the first 15 days of the month of February of financial year 2017-18, posting a growth of 7 percent against the month’s target of Rs 1,467 million. As per details, the Collectorate collected Rs 460 million customs duty during the period under review against ... Read More »

Customs Court issues warrants for alleged smuggler

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LAHORE: The Special Court of Customs Taxation and Anti-Smuggling has issued warrants for a suspect wanted in a smuggling case. According to the details, Muhammad Amir, a resident of Garh Maharaja district Jhang, was issued many notices to appear before the court for attending the hearing. However, he remained reluctant to appear before the court and defend the allegations against ... Read More »

Customs seizes alcohol, mobile phones, accessories from Allama Iqbal Airport

Customs seizes alcohol mobile phones accessories from Allama Iqbal Airport copy

LAHORE: The Customs officials have confiscated as many as 13 alcohol bottles and a number of mobile phones from passengers travelling via different flights during raid at Allama Iqbal International Airport. Sources told Customs Today that the customs team conducted these operations on different flights from different countries. Flights included from Dubai to Lahore, Turkey to Lahore, Jeddah to Lahore ... Read More »

Customs Court approves judicial remand of accused involved in skimmed milk smuggling

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LAHORE: The Special Court of Customs Taxation and Anti Smuggling sent three accused to jail on judicial remand of 14 days. Customs investigation and prosecution team produced them before the court. They were arrested in smuggling of huge quantity of skimmed milk. According to details available to Customs Today the court approved fourteen days judicial of the accuses in a ... Read More »

Fair tax system ensures redistribution of wealth, curbs inequalities: Dr Ayesha

Dr Ayesha Ghaus Pasha

LAHORE: Provincial Minister for Finance Dr Ayesha Ghous Pasha has said that a fair and progressive national tax system can deliver a redistribution of wealth, curb inequalities and ensure everyone of the society benefits from economic development. She expressed these views while addressing the 3rd session “Smarter taxation for better gender equality” of First Global Conference on Taxation and SDGs ... Read More »

Customs I&I impounds NDP crane from Badami Bagh

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LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team intercepted a non-customs paid crane near truck adda located at Badami Bagh. Sources told Customs Today that during routine checking of vehicle customs team intercepted a crane bearing registration no: LEI-4803. The driver of the crane failed to provide any relevant legal documents regarding possession of crane, while the crane was ... Read More »