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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 ASO seizes non customs paid tyres, dry fruits worth Rs15m

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LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) seized Rs 5 million smuggled tyres from a godown located in Badami Bagh while the team also recovered dry fruits which were transported from Quetta. Sources told Customs Today  that the ASO on the directions of Collector of Customs Preventive Ahmad Rauf has started crackdowns on smuggling activities. On the collector’s information ... Read More »

Customs Preventive collects Rs4667m

Ahmad Rauf

LAHORE: Collectorate of Customs Preventive collected Rs 4667 million during the month of July under the head of taxes. According to the details, the Collectorate collected Rs1761 million on account of customs duty during the month of under review against Rs1789 million while it collected Rs 1935 million on account of sales tax against Rs2146 million collected during the same ... Read More »

10 customs officials reinstated into service on FST Lahore order

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LAHORE: Federal Board of Revenue (FBR) has re-instated 10 customs officials into service in compliance to order passed by Federal Service Tribunal (FST), Lahore. The FBR issued notifications  to re-instate the officials in pursuance of judgment passed by FST, Lahore on July 11, 2019. Following are the notifications: 1.No. 2072-C-III/2019:- In pursuance of judgment dated 11.07.2019 passed by Federal Service ... Read More »

Pakistan suspends Lahore-Delhi bus service

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ISLAMABAD: Federal Minister for Postal Services and Communications Murad Saeed announced that Lahore-Delhi bus service had been suspended in the wake of recent steps taken by the Indian government in occupied Kashmir. In his tweet on Friday, the minister said in line with the decisions of National Security Committee (NSC), the federal government has suspended Dosti (friendship) bus service between ... Read More »

Pakistan suspends Lahore-Delhi bus service

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LAHORE: After the permanent suspension of the Samjhauta Express in retaliation to India’s decision to revoke Article 370 of its Constitution that gave special status to Jammu and Kashmir, Pakistan has now suspended the Lahore-Delhi ‘Dosti’ bus service, the media reported. The announcement of the latest suspension was made by Federal Minister for Postal Services and Communications Murad Saeed in ... Read More »

Maryam Nawaz remanded in NAB custody till August 21

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LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz Sharif, who was arrested by National Accountability Bureau (NAB) on Thursday, was remanded into NAB’s custody till August 21. Maryam had appeared before an accountability court today in connection with the Chaudhry Sugar Mills case. Yousaf Abbas, a cousin of Maryam Nawaz who was also arrested by NAB the same day, ... Read More »

Customs Central Region collects Rs4841m customs duty in July

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LAHORE: The Customs Central Region collected Rs 4841 million under the head of customs duty during the month of July 2019 against Rs 7355 million collected during the same month of July last year. According to statistics available with Customs Today, Collectorate of Customs Appraisement collected Rs2449.54 million during the period under review against Rs3845 million collected during the same ... Read More »

Fruits worth US $415.978m exported in FY2018-19

Spain: Record-breaking horticultural exports in 2016

LAHORE: As many as 768,202 metric ton fruits worth US$415.978 million exported from the country during the financial year ended on June 30, 2019 as compared the corresponding period of last year. During preceding financial year, fruits exports from the country had witnessed about 4.12pc growth as against the same period of last year, according the data released by the ... Read More »

LHC issues notice to federation for Sept 25 on plea to ban TikTok

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LAHORE: The Lahore High Court (LHC) on Wednesday issued notices to federation and others for September 25 on a petition seeking a ban on TikTok, an Android-based social media video application. The single bench comprising Justice Shahid Mubeen issued notices on a petition filed by Advocate Nadeem Sarwar. During the proceedings, the petitioner-counsel submitted that TikTok was a great mischief ... Read More »

Accountability Court adjourns hearing of Ashiana-e-Iqbal case till August 21

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LAHORE:An accountability court on here on Wednesday adjourned hearing of Ashiana-e-Iqbal Housing scam till August 21. The Accountability Court Judge Naeem Arshad conducted the proceedings wherein the accused including former principal secretary Fawad Hassan Fawad and former DG LDA Ahad Khan Cheema were produced. The counsel for Shehbaz Sharif filed an application before the court contending that his client could ... Read More »

Customs ASO seizes RS 10m illegal skimmed milk

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LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) has impounded non customs paid over Rs10 million skimmed milk, sources told Customs Today. The official sources said that on information of Collector Customs Preventive Ahmed Rauf, Customs ASO Deputy collector Naveedur Rehman Bughvi constituted team consisting of a superintendent and inspectors. The team intercepted a container loaded with illegal dry milk ... Read More »

LHC bars PRA to recover Rs52m sales tax from LUMS

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LAHORE: Lahore High Court (LHC) has restricted the Punjab Revenue Authority (PRA) from recovery of sales tax worth Rs 52 million from Lahore University of Management Sciences (LUMS) till the decision of pending stay application with the commissioner (appeals). The court also directed commissioner (appeals) for deciding the pending appeal within three months. According to the details of case, the ... Read More »

Retail price fixation: FBR chairman Shabbar Zaidi asked for release of containers at ports

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LAHORE: Retail price fixation issue has further aggregated as containers of billions of rupees are not cleared as the port authorities are adamant to fix the retail prices on the imported goods at the ports. On the other hand, importers said that it is next to impossible to put prices on the goods and articles at the ports due to ... Read More »

Facebook joins hands with WCCI-Lahore to facilitate women entrepreneurs

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LAHORE: Facebook has announced its partnership with the Women Chamber of Commerce and Industry–Lahore Division to expand its #SheMeansBusiness programme in Pakistan. As per details, the programme would provide women entrepreneurs with the tools, training and resources that can help them secure funding and grow their businesses. “The flexibility offered by digital technologies is enabling a new generation of women ... Read More »

Accountability Court extends Hamza Shehbaz’s physical remand by seven days

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LAHORE: An accountability court on Saturday extended Pakistan Muslim League-Nawaz (PML-N) and Punjab Opposition Leader Hamza Shehbaz’s physical remand by seven days in the in assets beyond means case. During the court proceedings today, Hamza’s lawyer told the court that the National Accountability Bureau’s (NAB) has already been granted more than 50 days of remand. “How much more remand do ... Read More »

Appraising Officers of Lahore, Faisalabad Customs promoted

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LAHORE: The Appraising Officer of Pakistan Customs Department, Saqib Nazir Khan, Directorate of Customs Intelligence & Investigation Lahore and Atif Hanif, Collectorate of Customs, Faisalabad, promoted to the post of Principal Appraiser (BS-16) with immediate effect and until further orders. Their promotion will take effect from the date of their joining, subject to the condition that no disciplinary proceedings/enquiry is pending against ... Read More »

Pakistan Customs issues SOPs for examination of consignments

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LAHORE: Pakistan Customs has issued standard operating procedures for the examination of consignments. According to new SOPs, detailed examination of containers will be done in presence of ACD concerned. All the invoices found will be checked with the declared invoice value and, if any discrepancy found or detected, Assignment Alert will be granted and the invoice value should be clearly mentioned ... Read More »

Hike in petroleum products price challenged in LHC

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LAHORE: The significant hike in the prices of petroleum products has been challenged in the Lahore High Court (LHC) on Thursday. The plea, filed by advocate Azhar Siddiq, has made federal government, Ogra, petroleum ministry and others party by mentioning that the increase in the prices was illegal as the matter was already under hearing in the court. The plaintiff ... Read More »

Ramzan Sugar Mills case: Hamza Shehbaz’s judicial remand extended till August 9

Hamza Shehbaz

LAHORE: An accountability court on Thursday extended Punjab Opposition and Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz’s judicial remand till August 9 in the Ramzan Sugar Mills case. Hamza had appeared before the accountability court in the Ramzan Sugar Mills case as his judicial remand ended while his father Shehbaz Sharif did not attend today’s hearing as he was in ... Read More »

Maersk, QICT charging unreasonable detention, demurrage charges: Zeeshan Khalil

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LAHORE: Unreasonable detention and demurrage charges by shipping company M/s Maersk Pakistan Pvt Ltd and terminal operator Qasim International Container Terminal (QICT) for clearance of genuine shipments are creating hurdles for importers so the government should take stock of the situation. This was stated by Lahore Chamber of Commerce and Industry former vice president Zeshan Khalil while talking to Customs ... Read More »