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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

Importers concerned over devaluation of rupee

IMPORT

LAHORE: Pakistan FMCG Importers Association (PFIA) has expressed its concern over the declining value of the Pakistani rupee against dollar has urged the government and the State Bank of Pakistan to stop this trend as it may trigger a new wave of inflation as well as import bill in the country. Pakistan FMCG Importers Association President Anjum Nisar, and other ... Read More »

Customs Court remands smuggling accused to prison for 14 days

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has sent a smuggling accused to jail for judicial remand of 14 days. Earlier, the accused was on a physical remand for three days and was in the custody of customs for investigation. Accused Khursheed Ahmad was held by the customs intelligence. After apprehending the accused, the Pakistan customs intelligence ... Read More »

Customs court seeks investigation challan of smuggling accused

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has asked the investigation team of customs investigation and prosecution to complete an investigation challan of the accused in the next hearing of the case of money laundering. The court has approved a 14-day judicial remand of the accused arrested in the currency smuggling case. An accused Faisal Hussain was held ... Read More »

FTO postpones hearing of case filed by M/s Ashraf & Brothers

FTO

LAHORE: The Federal Tax Ombudsman (FTO) has heard a case filed by proprietors M/s Ashraf & 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 refund to the ... Read More »

M/s Anjum Paint Industries appeal for tax refunds adjourned

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LAHORE: The Federal Tax Ombudsman (FTO) has heard a case filed by M/s Anjum Paint Industries 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-II has been collecting excessive tax from the company for the last ... Read More »

FTO hears appeal filed by M/s Al-Moiz Industries against LTU

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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Al- Moiz Industries against the Large Taxpayer Unit (LTU) until the next date of hearing. The same was heard last month and was put off for the next date. According to the details, FTO Advisor Mian Munawar Ghafoor heard the case in which the ... Read More »

Customs Central Region posts growth of 42pc in customs duty from July to Nov: Zeba Hai Azhar

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Says Anti-smuggling performance also hundred percent improved in some Collectorates, posts a positive growth of 35 pc by collecting Rs1499m during November FY 2017-18. LAHORE: The Customs Central Region has successfully posted a growth of 42 percent in collection of customs duty from July to November during the financial year 2017-18 as compared to the same period last year. The ... Read More »

Customs court for presenting witnesses in mobiles’ smuggling case

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has asked the investigation team of the customs intelligence and prosecution to produce a detailed challan of the case and also present witnesses in a case of a big quantity of mobiles’ smuggling. An accused Muhammad Naveed was arrested by the customs intelligence authorities from Lahore. The customs intelligence has ... Read More »

Tax Ombudsman decides appeal of Rs12m Sales Tax refund

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LAHORE: The Federal Tax Ombudsman (FTO) has disposed of an appeal filed by Ali & Company against the Regional Tax Office (RTO-II) Lahore. The FTO Advisor heard the appeal in which counsel for the appellant argued that RTO had failed to release the Sales Tax refund of Rs12million to the appellant since two years. He said the RTO-II has been ... Read More »

FTO puts off tax refund appeal hearing by next date

customs court adjournes case

LAHORE: The Federal Tax Ombudsman (FTO) has postponed a hearing of a case filed by Azhar Munir, a resident of Hafizabad, against the Regional Tax Office (RTO) Gujranwala until the next hearing. FTO Advisor Mian Munawar Ghafoor heard the case in which counsel for the appellant argued that the RTO Gujranwala has not released the refund to the appellant since ... Read More »

Customs court grants 14-day judicial remand in mobiles’ smuggling case

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has approved a 14-day judicial remand of the accused held in a mobiles’ smuggling case. Accused Abdul Waheed was arrested by the customs intelligence authorities from The Mall of Lahore. The customs intelligence and investigation team had presented the accused before the customs court for getting his physical remand to ... Read More »

Customs court grants 14-day judicial remand of Chinese currency smuggler

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has approved a 14-day judicial remand of an accused identified as a Chinese citizen as he was booked at the Lahore Airport while making an attempt to smuggle foreign currency. According to details available to Customs Today on Friday, the investigation and prosecution team of the customs preventive presented the ... Read More »

Fourteen-day judicial remand for smuggling mobiles, cigarettes other items

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has granted a 14-day judicial remand of an accused apprehended in smuggling of cigarettes, cloths, mobile phones and some other items as well. Accused Muhammad Hassan was arrested by the customs intelligence authorities from Lahore. The customs intelligence authorities conducted an operation on the intelligence based information at Band Road ... Read More »

Customs Tribunal hears eight cases, adjourns all

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LAHORE: The Customs Appellate Tribunal’s Division Bench-II heard eight cases on Thursday and adjourned all of them for different dates without those cases whose verdicts were reserved. The Division Bench-II, comprising Omer Arshad Hakeem, Member Judicial and Imran Tariq, Member Technical, heard seven cases including Ameer Alam Khan versus Customs Faisalabad, Hijvary Traders versus Customs Lahore, Master Link versus Directorate ... Read More »

LHC seeks reply from customs authorities on plea by Q-Mobile Company

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LAHORE: The Lahore High Court (LHC) has sought a reply from the customs authorities on a petition filed by the Q Mobile Company. According to the details, Justice Shams Mehmood Mirza of the Lahore High Court (LHC) heard the appeal filed by the complainant. The counsel of the appellant, Shafqat Mehmood Chohan, argued before the court that according to the ... Read More »

Customs court imposes cash penalty of Rs700000 on Thai currency smuggler

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has imposed a penalty of Rs700000 on a foreign citizen arrested by the Pakistan Customs Preventive of the Allama Iqbal International Airport when he was trying to smuggle foreign currency into Thailand. The customs investigation and prosecution team had presented him before the court and asked for his physical remand ... Read More »

Govt believes in facilitating business community: Haroon

Haroon Akhtar Khan 1

LAHORE: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that it is the endeavour of government to spur growth in the manufacturing sector and is willing to work with the business sector to strengthen the manufacturing sector through a realistic and consensus-based plan of action based on viable proposals advanced by the business community. “The government ... Read More »

FTO hears case filed by M/s Decent Packages Lahore against RTO-II

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LAHORE: The Federal Tax Ombudsman (FTO) has heard a case filed by M/s Decent Packages Lahore 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 refund to the appellant ... Read More »

FTO puts off tax refund appeal hearing against RTO Sialkot till next date

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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by one Muhammad Tufail against the Regional Tax Office (RTO) Sialkot by the next date of hearing. FTO Advisor Mian Munawar Ghafoor heard the petition in which counsel for appellant argued that the RTO Sialkot has not released the refund to the appellant since two years. ... Read More »

Customs Court approves judicial remand of accused involved in smuggling

Customs Court adjourns case filed against mobile phone smuggler copy

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has approved 14 days judicial remand of the accused, who was arrested in smuggling of cigarettes, cloths, mobile phones and some other items as well. According to details an accused Muhammad Hassan was arrested by the Customs Intelligence authorities from Lahore. Customs Intelligence authorities conducted an operation near Band ... Read More »