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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

Will raise voice against illegal appointment of Indian at QICT: Rana Qadeer

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LAHORE: Senior Lawyer of Sheikhpura Bar Association Rana Qadeer has said that even in this worst condition between Pakistan and India, where the latter is threatening the former on daily basis, alleged working of Indian citizens in Pakistan at sensitive and strategic places is dangerous and it is a security risk as well. While talking to Customs Today Rana Qadeer ... Read More »

India to face loss of $5m after ban on export of tea to Pakistan


LAHORE: Importer and member of Lahore Chamber of Commerce and Industries (LCCI) Sheikh Masood Sultan has said that India will face a revenue shortage of $5 million after ban on tea export to Pakistan because Pakistan is importing huge quantity of tea from India since 2007. While exclusively talking to Customs Today, Sheikh Masood Sultan said that in 2018, Pakistan ... Read More »

Importers express concerns over govt notification for Urdu labeling


LAHORE: Commercial importers have expressed their serious concerns over recently issued notification by the Ministry of Commerce (MoC) by virtue of which, it has been made compulsory for all the imported food items to have Urdu labeling too on the packaging, describing all the ingredients, nutritional facts and usage directions. Pakistan FMCG Importers Association (PFIA) Chairman Anjum Nisar, Senior Vice ... Read More »

Customs Preventive transfers four inspectors, three clerks


LAHORE: Collectorate of Customs Preventive issued orders to transfer four inspectors and three clerks with immediate effect. According to notification no: 01-HRD/Estt/80/2016-17/171 Inspector Waheed Iqbal Bhatti currently performing his duties at headquarters is transferred to law branch of (hq). Inspector Qasim Bin Aslam currently posted at Land Freight Unit Wagha is transferred to auction branch of State Warehouse. Inspector Akbar ... Read More »

‘Stern action will be taken against those involved in embezzlement in construction of Danish schools’


LAHORE :A meeting of Punjab Daanish Schools and Centres of Excellence Authority was held under the chair of Chief Minister Sardar Usman Buzdar at his office in which performance of the Daanish Schools Authority was reviewed. Addressing the meeting the chief minister said that every penny would be recovered from those found involved in embezzlement of construction of Daanish schools. ... Read More »

India launches trade war, enhances import duties on Pak products

Pak-India trade plunges to $1 25b during current fiscal year copy

LAHORE: India has raised duties on major Pakistani products. Oil and minerals, cement, leather products, spices and dry fruit and vegetables are Pakistan’s major exports to India and earn $488 million a year. India has increased the customs duties as a protest against last week’s terrorist attack on its paramilitary soldiers for which it blames Islamabad. On the other hand, ... Read More »

300 trucks carrying cement stranded at Wagha border

trade at wagha

LAHORE: Around 300 trucks carrying cement are stranded at Wagha border after India clamped 200 percent duty on Pakistani products following Pulwama attacks. In addition to this, shipment of 170 containers from sea route has also stopped. According to media reports, cement exports to India are particularly of high significance, constituting 21% on average of the total cement exports over ... Read More »

Illegal demurrage & detention charges by Maerks creating hurdles for importers: Faheem Saigal

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LAHORE: The illegal demurrage and detention charges by the shipping lines including M/s Maersk Pakistan (Pvt) Ltd and terminal operator QICT have added to the per unit cost as they have no set criterion and worst is that the customs department and the government are never interested in regulating the shipping lines. This was stated by Lahore Chamber of Commerce and ... Read More »

Accountability Court indicts Shehbaz , 9 others in Ashiana Housing scam case

Shahbaz Sharif

LAHORE: An accountability court on Monday indicted Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif and nine others in the Ashiana Iqbal Housing scam case. The leader of the opposition in the National Assembly and other suspects appeared before the accountability court in Lahore as Judge Syed Najamul Hassan heard the case. Judge Hassan then framed charges against Shehbaz and the ... Read More »

NAB Court extends judicial remand of Saad, Salman Rafique by 16 days


LAHORE: An accountability court on Saturday extended Pakistan Muslim League-Nawaz (PML-N) leader Saad Rafique and his brother Salman Rafique’s judicial remand by 16 days in connection to the Paragon Housing scam case. The Khawaja brothers were presented before the court as their judicial remand ended today. The court then granted a 16-day extension in their judicial remand. As the hearing ... Read More »

Aleem Khan remanded into NAB custody till Feb 25


LAHORE: An accountability court on Friday handed over Pakistan Tehreek-e-Insaf (PTI) leader and one of the top lieutenants of the party in Punjab, Aleem Khan, on a 10-day remand to the National Accountability Bureau (NAB) Lahore. The PTI stalwart was detained by NAB on February 6 after he appeared to record statement in cases linked to an offshore company revealed ... Read More »

Customs I&I recovers smuggled printing material from Urdu Bazar


LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team recovered huge quantity of smuggled printing material worth Rs6 million from a godown located in Urdu Bazar. Sources told Customs Today that Additional Collector Mumtaz Ali Raza received credible information about storage of non-duty paid printing material in a godown. He immediately formed anti-smuggling squad under the supervision of Deputy Director ... Read More »

Deputy collector Appraisement transfers three sepoys


LAHORE: Collectorate of Customs Appraisement deputy collector issued orders for transfer and posting of three sepoys with immediate effect and until further orders.   Read More »

LHC accepts Shehbaz Sharif’s bail petitions, orders release


LAHORE: The Lahore High Court on Thursday approved Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif’s bail petitions in Ashiana Iqbal Housing Scheme and Ramzan Sugar Mills cases and ordered his release. NAB had arrested Shehbaz on October 5, 2018 in connection to the Ashiana Iqbal Housing Scheme case. A two-judge bench headed by Justice Malik Shehzad Ahmad heard Shehbaz and ... Read More »

FBR raids on hospitals, appeal filed against YDA in LHC


LAHORE: A petition has been filed in the Lahore High Court (LHC) against the Young Doctors who are protesting Federal Board of Revenue (FBR) raids against the tax defaulter hospitals. Lahore High Court (LHC) called secretary health in the same case. Petitioner Shahbaz Gujjar prayed before the court that LHC ordered YDA to stop protest and start work in the ... Read More »

Collector Appraisement Amjadur Rehman transfers deputy, assistant collectors


LAHORE: Collectorate of Customs Appraisement Collector Amjadur Rehman has issued orders to transfer following deputy and assistant collectors with immediate effect and until further orders.   Read More »

ADCs Syed Ali Abbass Gardezi, Rashid Munir Siddiqui assigned look-after charge


LAHORE: Additional Collectors Syed Ali Abbass Gardezi, Prem Nagar Dry Port and Muhammad Rashid Munir Siddiqui Mughalpura Dry Port are given look-after charge after transfer of Additional Collectors Ms Azmat Tahira and Ms. Saima Aftab.   Read More »

Customs I&I recovers non-duty paid curtain & sofa cloth from godown

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LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team recovered huge quantity of non-duty paid cloth from a godown located in Ichra. Sources told Customs Today that Additional Collector Tayyaba Kiyani received credible information that huge quantity of non-duty paid cloth is dumped in a godown owned by M/s Star Collection. She immediately constituted an anti-smuggling squad under the supervision ... Read More »

All chambers united over early release of refunds, reduction in interest rate

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LAHORE: Non-payment of refunds is drying out liquidity from the market. Payment through promissory notes should also be extended to all sectors including five zero rated sectors. Refunds should be issued automatically without application, or pre-audit, within 60 days as per rules. Markup rate should be reduced as it has made borrowing expensive. This was the crux of deliberations of ... Read More »

LHC directs cinema houses to pay entertainment tax


LAHORE: The Lahore High Court (LHC) ordered to collect entertainment tax from all cinema houses under the law. Court took up the case on non-collection of entertainment tax from cinema houses for hearing. Petitioner Muhammad Husnain through Usman Khalil Advocate filed a petition in the LHC against excise department. Petitioner took the plea that excise department in order to support ... Read More »