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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

Court extends physical remand of principal appraiser involved in corruption

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LAHORE: The National Accountability Bureau (NAB), Lahore, had arrested Principal Appraiser of Customs for allegedly having assets beyond known sources of income. According to a NAB spokesman, following the directions of its Lahore Director General Shahzad Saleem regarding eliminating corruption from government departments and society too, the NAB team arrested Principal Appraiser Customs named Iftikhar Cheema from Lahore. The spokesman ... Read More »

Customs court adjourns hearing of Rs80million tax evasion

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling will hear a case of an accused Manzoor Ahmad arrested on the charge of tax evasion. Sources told Customs Today that accused Manzoor Ahmad owns a textile factory on Raiwind Road. He was allegedly involved in the tax evasion by submitting fake returns and other statements to the FBR. On ... Read More »

Customs court receives probe challan of mobile phones smuggler

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LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has received an investigation challan of a case of an accused booked by the customs authorities at the Allama Iqbal International Airport while making an attempt to smuggle cell phones from China into Lahore. Naveed Bhatti was arrested by the Customs Preventive when they seized 170 android mobile phones from ... Read More »

FTO adjourns hearing in M/s LE-Topical case

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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s LE Topical Lahore against the Corporate Regional Tax Office-II (CRTO) Lahore until the next hearing. FTO Consultant Tariq Yousaf heard the case 41/LHR (31)/106/2015 FTO-LHR0000650/15 filed by Naseer Ahmed, M/s LE Topical in which the counsel for the appellant argued that the CRTO has ... Read More »

FTO to hear Rakhsana Ashraf case until next date of hearing

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LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by Rukhsana Ashraf against the Regional Tax Office-II (RTO-II) until the next hearing. FTO Advisor Mian Munawar Ghafoor heard the case of Rukhsana Ashraf in which counsel for appellant argued that the RTO had failed to release the sales tax refund since two years claimed by ... Read More »

FTO puts off M/s Pakistan Pipe Industries case till next date of hearing

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LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Pakistan Pipe Industries (Private) Limited against the Corporate Regional Tax Office (CRTO Lahore until the next date. The FTO heard the case in which counsel for the appellant argued that the Corporate Regional Tax Office (CRTO) had failed to resolve the tax refund since two years claimed ... Read More »

Govt asked to lower duties to discourage smuggling

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LAHORE: Pakistan FMCG Importers Association has urged Federal Finance Minister Ishaq Dar and the Federal Board of Revenue (FBR) to bring down customs duties on different consumer goods as higher rates are contributing to an increased influx of smuggled goods. Talking to Customs Today, Patron-in-Chief of the Association Naseem Chawla and President Anjum Nisar urged the government to curb smuggling ... Read More »

Customs I&I to auction 20 non-customs paid luxury cars on July 22

RUBAB SIKANDAR

LAHORE: Directorate of Customs Investigation and Intelligence is auctioning 20 non-customs paid luxury cars on July 22, 2017, it was reported. Sources told Customs Today, the cars were seized by the car cell of the directorate and would be auctioned in the presence of deputy director of custom I&I Ali Zeb Khan and others. The vehicles include Mercedes Benz car, ... Read More »

LTU shall meet FBR’s assigned targets as it did in past: Farooq Chatha

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LAHORE: The Large Taxpayers Unit (LTU) has been performing outstandingly throughout the year and shall meet the targets assigned by the Federal Board of Revenue (FBR). The LTU has a team of professionals and hardworking officers who performed very well in the Financial Year 2016-17. The Audit and Enforcement Wing works with a mutual understanding for the betterment of the ... Read More »

Minister stopped to carry Pak currency abroad; mother, son held for smuggling heroin

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LAHORE: The Pakistan Customs has stopped Provincial Minister for Housing Syed Haroon Sultan Bukhari to carry Rs700000 with him to Jeddah on Wednesday. According to sources of Customs Today, the minister was travelling for Jeddah to perform the Umrah. He was carrying Rs700000 in his luggage. The minister was informed by the customs that he can take this amount with ... Read More »

Customs team seizes non-duty paid auto-parts worth Rs3.5m from McLeod Road

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LAHORE: Directorate of Customs Intelligence and Investigation anti-smuggling team has seized non-customs paid auto-spare parts of motorbikes worth millions of rupees. Sources told Customs Today that Customs I&I, on the directions of Director Customs Intelligence & Investigation Rubab Sikandar, raided a godown located on Mcleod Road and seized non-duty paid auto parts worth over Rs 3.5 million. The sources said ... Read More »

FBR asks all banks to freeze accounts of tax defaulting & evading housing societies

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LAHORE: The Federal Board of Revenue (FBR) has written a letter to all the banks for freezing of bank accounts of housing societies that are involved in alleged tax evasion and default. The FBR seems to be in action nowadays as its staff has conducted various operations against tax defaulters and detained a few of them while issued notices to ... Read More »

Customs courts to remain closed for three Eid holidays

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LAHORE: The Special Court of Customs Taxation and Anti-Smuggling will remain closed for Eid-ul-Fitr holidays from Monday to Wednesday. The Lahore High Court has also issued a notification of Eid-ul-Fitr holidays. All cases are now scheduled for hearing after Eid in the federal customs court. Other federal courts will also remain closed during these days including anti-narcotics courts and banking ... Read More »

FTO adjourns hearing case of M/s Bashir Pipe Industries against CRTO

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LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Bashir Pipe Industries (Private) Limited Lahore against the Corporate Regional Tax Office (CRTO), Lahore, until the next date of hearing. FTO Consultant Tariq Yousaf heard the case in which counsel for appellant M/s Bashir Pipe Industries (Private) Limited argued that the Corporate Regional Tax ... Read More »

FIA recover fake bonds, arrest six

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ISLAMABAD: The Federal Investigation Agency (FIA) Wednesday raided shops here at Aabpara Market and recovered several fake American and Pakistani prize bonds. Six persons were also arrested, who were being investigated to bust the gang involved in the business, a source said. Read More »

ANF recovers 1kg heroin from mother, son going to perform Umrah

Heroin smuggler Naeem

LAHORE: The Anti-Narcotics Force (ANF) Wednesday arrested a mother and her son from Lahore airport and charged with smuggling heroin. ANF seized about one kilogramme heroin from the possession of the mother and the son. Heroin was hidden in a secret portion of the bag of the son, identified as Naeem, according the ANF. The passengers were travelling to Saudi ... Read More »

FBR seeks salary & tax record of all banks employees

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LAHORE: The Federal Board of Revenue has written a letter to the heads of all the banks in Pakistan to provide the salary and tax record of the employees. Meanwhile, the Federal Board of Revenue (FBR) has frozen the accounts of a citizen Samina Anjum and has recovered Rs380000 as income tax. The FBR has taken this action after freezing ... Read More »

Customs court extends judicial remand of three accused smugglers

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LAHORE: The Special Federal Court of Customs Taxation and Anti-smuggling has remanded three accused to jail on the extension of judicial remand of 14 days. Three accused Afzal Khan, Raheem Shah and Gulab Khan were apprehended by the customs intelligence. The customs intelligence has also recovered a huge quantity of smuggled electronic goods from their possession. The accused are involved ... Read More »

FTO adjourns Nasir Jamil & Company case till next hearing

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LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Nasir Jamil and Company against the Regional Tax Office-II (RTO-II) Lahore until the next date. FTO Consultant Tariq Yousaf heard the case FTO/LHR/0000111/2017 of Nasir Jamil and Company in which counsel for the appellant argued that the RTO has not released the refund to the ... Read More »

Customs Tribunal hears seven cases, puts off all till next hearing

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LAHORE: The Customs Appellate Tribunal’s Division Bench-II, comprising Judicial Member Omer Arshad Hakeem and Member Technical Imran Tariq, heard seven cases and adjourned all of them until the next hearing. The tribunal will hear these cases after Eid-ul-Fitr. On Monday, the division bench-II heard cases including Cotton Craft versus Customs Lahore, Raja Intezar Mehbood versus Directorate of Intelligence and Investigation ... Read More »