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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

Alleged cloth-smuggler handed over to customs authorities on two-day physical remand

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has handed over an accused to customs authorities on a physical remand for two days on Tuesday. The customs court has directed the authorities of customs investigation and prosecution to complete the investigation within the given time and present the accused before the court for further proceeding. Accused Juma Khan ... Read More »

Customs court approves judicial remand of alleged currencies’ smuggler

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has granted a judicial remand of an accused arrested by the Pakistan Customs Preventive, Allama Iqbal International Airport, when they frustrated an attempt of smuggling of foreign currencies into China. The customs investigation and prosecution team had presented him before the court and asked for the physical remand for further ... Read More »

Customs foils attempt to smuggle cosmetics at Lahore airport

Faisalabad AFU seizes 451 smuggled mobile phones copy

LAHORE: Customs Preventive team deputed at Allama Iqbal International Airport has foiled an attempt to smuggle huge quantity of foreign origin cosmetics and arrested a couple. According to details available to Customs Today through high official of customs an attempt of cosmetics smuggling was foiled by a team when they checked a couple of passengers. Customs team found huge quantity ... Read More »

Customs Appellate Tribunal hears 12 cases on Thursday

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LAHORE: The Customs Appellate Tribunal (single & double) bench heard 12 cases on Thursday and adjourned all the cases to different dates and reserved the verdict of a few cases. According to the details, division bench-II comprising Member Judicial Omer Arshad Hakeem, Member Technical Imran Tariq, heard 11 cases, including Farhan Saleem versus Directorate of Intelligence and Investigation Faisalabad, Rana ... Read More »

Regulatory duty will push up smuggling: Mian Zahid Javaid

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Says FBR should withdraw withholding tax on banking transactions, discretionary powers of tax officials LAHORE: The regulatory duty on imported items will push-up smuggling in the country and the government must focus on increasing exports by facilitating local industry to meet the trade deficit. The Federal Board of Revenue (FBR) should withdraw withholding tax on banking transactions and discretionary powers ... Read More »

GCCI, NLC ink accord to set up new customs collectorate, dry port near Gujranwala

Islamabad dry port earns Rs05m more CD in 2016 17 than 2015 16 s copy

LAHORE : Gujranwala Chamber of Commerce and Industry (GCCI) and National Logistics Cell (NLC) have signed an agreement to establish an international standard dry port and customs collectorate near Gujranwala. Akhlaq Ahmed Butt, chairman of the Dry Port Committee of GCCI, told the media that GCCI would spend Rs 800 million for establishing the dry port and collectorate of customs ... Read More »

LHC extends stay order in case of services tax on lawyers

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LAHORE: Lahore High Court (LHC) heard the case regarding the extra services tax on lawyers. Court has extended the date of stay order till 22nd November. According to the details, Justice Shahid Kareem of Lahore High Court (LHC) heard the appeal filed by the Barrister Muhammad Ahmed Quyoom in which the counsel for appellant argued that the service tax on ... Read More »

FBR grants zero-rated furnace oil, diesel supply to textile unit

Bangladesh frozen food exporters seek tax cut in upcoming budget

LAHORE: Federal Board of Revenue (FBR) has granted zero-rated supply of 3,400 metric tons furnace oil and 5,000 litres diesel on monthly basis to a textile unit. In a notification issued on Wednesday, the FBR allowed M/s Ibrahim Fibers Limited to purchase furnace oil and diesel oil under SRO 1125(I)/2011 for a period of 12 months from the date of ... Read More »

Resolution against levy of RD on 731 imported items submitted in PA

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LAHORE: A resolution against the 731 imported filed in the Punjab Assembly. Resolution is filed by the Opposition leader in Punjab Assembly Mian Mahmood ur Rasheed. According to the details, Pakistan Tehrik-e-Insaf leader of opposition in Punjab Assembly Mian Mehmood filed a resolution before the house that Government of Pakistan has impose regularity duty as 5 to 80 percent on ... Read More »

Customs Tribunal hears 17 cases on Wednesday

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LAHORE: The Customs Appellate Tribunal (single & double) bench heard 17 cases on Wednesday and adjourned all the cases to different dates and reserved the verdict of few cases. According to the details, division bench-II comprising Member Judicial Omer Arshed Hakeem, Member Technical Imran Tariq, heard eleven cases, including Nimra Textile versus Customs Faisalabad, Mir Alam Khan versus Customs Faisalabad, ... Read More »

LHC reserves verdict of appeal filed against enhancement of commissioners in SECP

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LAHORE: The Lahore High Court (LHC) has heard the intra court appeal filed against enhancement in number of commissioners in Security and Exchange Commission of Pakistan (SECP). Court has reserved verdict. Two members bench of LHC headed by of Chief Justice Syed Mansoor Ali Shah heard the case of enhancement in number of commissioners in Security and Exchange Commission of ... Read More »

Levy of regulatory duty on imported items lamented

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LAHORE: The Government of Pakistan through their notification dated 16th October 2017 has imposed Regulatory Duty vide SRO 1035 (I)/2017 on many items. Pakistan Electronics Manufacturer’s Association (PEMA) office bearers while talking to media said that PEMA represents the interests and viewpoints of the “manufacturers” of electronics and home appliances goods in Pakistan and we have a long term investments ... Read More »

FBR sealed premises of Shalimar Film Industry on tax evasion

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  LAHORE: Federal Board of Revenue (FBR) has sealed the Shalimar Film Industry on sales tax evasion of Rs 2 million. According to the details, Regional Tax Office (RTO) of Federal Board of Revenue (FBR) has stated action against the tax defaulter in this regading yester the RTO, Zone-II take s action against the Shalimar Film Industry and sealed the ... Read More »

Customs, ASF, Wildlife frustrate smuggling of nine falcons of special specie into Qatar

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LAHORE: The Pakistan Customs Preventive, Airport Security Force (ASF) and Wildlife Department, on Tuesday arrested a smuggling of nine precious falcons of special specie into Qatar and arrested the accused as well in an operation against the miscreant. During a routine work at the Lahore Airport, they found a passenger with some precious birds that he was trying to smuggle. ... Read More »

Customs Court puts off under-invoicing case; name of accused put on ECL

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has adjourned the hearing of an alleged tax evader for Monday whose post-arrest bail plea was approved. The name of the accused has been put on the Exit Control List. Accused Muhammad Saqlain was involved in an under-invoicing in the import of goods. He was arrested while trying to flee ... Read More »

Importers association demands immediate withdrawal of regulatory duty

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LAHORE: Pakistan FMCG Importers Association (PFIA) taking strong exception of levying regulatory duty on several items including food and dairy products by the government has demanded for its immediate withdrawal. PIFA leadership has also decided to stage a protest demonstration tomorrow (Thursday) against the levy of this regulatory duty. PFIA President Anjum Nisar and Patron in Chief Naseem Ahmad Chawla ... Read More »

Customs Appellate Tribunal hears 13 cases on Tuesday

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LAHORE: The Customs Appellate Tribunal (single & double) bench heard 13 cases on Tuesday and adjourned all the cases to different dates and reserved the verdict of few cases. According to the details, division bench-II comprising Member Judicial Omer Arshed Hakeem, Member Technical Imran Tariq, heard eleven cases, including Directorate of Post Clearance Audit (PCA) Lahore versus Fasna Impex, Directorate ... Read More »

Customs Appellate Tribunal waives off Rs50,000 penalty on clearing agent

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LAHORE: Customs Appellate tribunal has waived off penalty of Rs 50, 000 on the customs clearance agent in case filed by the 42 different appellants against the Collector Customs Faisalabad and others. According to the details, the customs staff with the help of police was intercepted truck, on search miscellaneous goods were recovered. Customs team found Diamond Star City Brand ... Read More »

Customs Preventive Lahore aborts currencies’ smuggling attempt into China

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LAHORE: Pakistan Customs Preventive of the Allama Iqbal International Airport foiled smuggling of foreign currencies into China. It was known through a high official of Pakistan Customs, an attempt of currencies’ smuggling was thwarted by a team when they checked a passenger. The customs found some foreign currencies in the luggage of the accused. About 1,500 American dollars and 10,000 ... Read More »

Customs court grants 14-day judicial remand of currencies 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 apprehended in a currencies’ smuggling case. Accused Faisal Hussain was arrested by the Customs Preventive at the Allama Iqbal International Airport Lahore. Accused Faisal Hussain was trying to smuggle currencies of Rs2million. The customs authorities recovered dollars, Euros, Pounds and Pakistani ... Read More »