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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

QMobile approaches SHC to seek amnesty under SRO 1455(1)2018 & release of consignment

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KARACHI: M/s Digicom Trading Private Limited (Q Mobile phone company) approached the Sindh High Court (SHC) for benefit of the amnesty provided under SRO 1455(1)2018 and to release the consignment of the petitioner without any further delay which was seized by customs officials due to alleged mis-declaration. On December 18, 2018, counsel for the petitioner stated in his constitutional petition ... Read More »

Multan Customs foils attempt to smuggle cigarettes to Jeddah

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MULTAN: Customs and Federal Investigation Agency (FIA) team deputed at the Multan International Airport foiled an attempt to smuggle cigarettes to Jeddah. According to details, customs team intercepted a passenger at Multan International Airport during examination of luggage. The customs team was conducting their routine checking of passenger luggage through scanning at the time of departure where they found huge ... Read More »

NAB court issues warrants against ex-chairman KPT Rauf Akhtar Farooqi

NAB

KARACHI: The National Accountability Bureau (NAB) court issued bailable warrants against absconding suspect Rauf Akhtar Farooqi, ex-chairman Karachi Port Trust (KPT), who was booked on charges of corruption and abuse of authority for illegally appointing 940 employees in KPT. During the hearing on December 18, 2018, the court was informed by NAB investigation officer that Rauf Akhtar Farooqi escaped after ... Read More »

Sara-i-Muhajir ASO seizes dry fruits worth Rs6.6m

Sara-i-Muhajir ASO seizes NDP cigarettes worth Rs1 5m copy

SARA-I-MUHAJIR: Customs Anti-Smuggling Organization seized dry fruits worth Rs6.6 million involving duty and taxes to the tune of Rs1.8m near Bhakkar. Sources told Customs Today that Additional Collector Muhammad Saeed Asad received information about smuggling of dry fruit. He immediately formed an anti-smuggling squad comprising Inspector Mahmood Ahmed Dogar, Muhammad Munawar Rathore, Ghualm Sarwar Shah said Sepoy Rasool Amin Bhatti ... Read More »

Customs court approves physical remand of suspect involved in injections & mobile phones smuggling case

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KARACHI: The Customs Court sent suspect namely Zeeshan Ali Awan son of Sikandar Ali to customs preventive lock-up on physical remand, who was booked in a case of attempting to smuggle 10,000 Boostin/Somatotropin injection and mobile phones. On December 18, 2018, investigation officer of Customs Preventive produced the suspect before the court and informed that on credible information, the suspect ... Read More »

WB team visits MCC to review performance

FSD collector Zulafqar

ISLAMABAD: A five-member team of World Bank visited the Model Customs Collectorate (MCC) and held a detailed meeting with Collector Zulfiqar Ali Chaudhary, while Additional Collector Mohammad Ishfaq and Deputy Collector Wajid Zaman were also present on the occasion. Sources told Customs Today that during the meeting, the WB delegation was informed that the Federal Board of Revenue (FBR) has ... Read More »

Shahid Jan, Fazli Shakoor to participate in ICD & IBM workshop in Turkey

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ISLAMABAD: First Pak-Afghan expert workshop on International Controlled Delivery (ICD) operations and 8th Pak-Afghan Integrated Border Management workshop (IBM) will be held  from today (19-12-2917 to 21-12-2018) in Turkey at the Turkish International Academy. Federal Board of Revenue has nominated two operational level officers, including Additional Director Customs Shahid Jan, Deputy Director Customs Intelligence and Investigation Quetta Fazli Shakoo to ... Read More »

Gwadar Customs seizes hashish & liquor worth Rs4m during operation

Gwadar Customs foils bid to smuggle huge quantity of narcotics copy

GWADAR: Collectorate of Customs team seized huge quantity of hashish and liquor worth Rs4  million including vehicle being used for smuggling. Sources told Customs Today on 18th December that Deputy Collector Junaid Mehmood received secret information that some smugglers are trying to smuggle huge quantity of hashish and liquor from Gwadar to other cities.. After receiving this information, he constituted a raiding team ... Read More »

Multan RTO witnesses handsome jump in filing of tax returns

Tax Revenue

MULTAN: Federal Board of Revenue (FBR) Regional Tax Office (RTO) observed handsome jump in the filing of tax returns from taxpayers. According to details, almost 67553 people file their income tax returns through electronically while Regional Tax Office collected almost 2467 income tax returns manually from taxpayers before the deadline of Federal Board of Revenue. Regional tax authorities received almost ... Read More »

ICCI & CCPIT sign MoU to promote Pak-China trade and investment

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ISLAMABAD: Zhao Kai, President, China Council for the Promotion of International Trade (CCPIT), Shenyang Sub-Council along with a delegation of Chinese entrepreneurs visited Islamabad Chamber of Commerce & Industry and signed a Memorandum of Understanding with ICCI to promote bilateral trade and investment between Pakistan and China. Ahmed Hassan Moughal, President, ICCI and Zhao Kai President CCPIT-Shenyang Sub-Council signed the ... Read More »

Asad Umar reviews progress on FATF Action Plan at NEC meeting

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ISLAMABAD: Finance Minister Asad Umar chaired a meeting of the National Executive Committee (NEC) on Tuesday to review the progress on FATF Action Plan. National Counter Terrorism Authority (NACTA) made a detailed presentation on the Terrorist Financing Risk Assessment, prepared jointly by NACTA and FIA in consultation with a number of relevant authorities. After detailed deliberations on various aspects of ... Read More »

PSX witnesses another bearish day, loses 193pts

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KARACHI: The Pakistan Stock Exchange on Tuesday witnessed a bearish session and the benchmark KSE 100-share Index shed another 193.36 points or 0.5% to settle at 38,115.81. Volume charts were led by K-Electric (+2.93%), Bank AL Habib (-0.69%), The Bank of Punjab (-1.39%) and Engro Polymer and Chemicals (+1.65%). These collectively contributed nearly 30 million shares or 30% of the ... Read More »

Malam Jabba land scam: NAB denies “clean chit” to KP CM Mehmood Khan

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ISLAMABAD: National Accountability Bureau (NAB) has said that the statement given by Chief Minister of Khyber Pukhtoonkhawa (KP) to media that NAB has given him “clean chit” in Malam Jabba land scam is totally baseless. According to a statement issued by NAB it is stated that Chief Minister Mehmood Khan was grilled by combined investigation team in Malam Jabba land ... Read More »

Peshawar I&I foils bid to smuggle DAP fertilizer to Afghanistan

Dr Arslan

PESHAWAR: Directorate of Customs Intelligence and Investigation (I&I) team foiled an attempt to smuggle di-ammunium phosphate (DAP) fertilizer to Afghanistan. According to the details, Director Customs Intelligence and Investigation Dr. Arsalan Subuctageen received credible information about smuggling of DAP fertilizer to Afghanistan under the grab of wheat flour. The anti-smuggling squad held a secret check-post near Badaber Kohat Road and started ... Read More »

Govt should cancel licenses of shipping cos involved in demurrage and detention scam: Khawaja Suleman Siddiqui

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MULTAN: The government should immediately cancel the operational licenses of those shipping companies who are involved in collection of exorbitant demurrage and detention charges from genuine importers. It was stated by Chairman All Pakistan Anjuman Tajiran Khawaja Muhammad Suleman Siddiqui in his exclusive talk with Customs Today the other day. He said that the collection of exorbitant demurrage and detention charges by ... Read More »

LHC bars FBR from sales tax audit of commercial importers

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LAHORE: Lahore High Court (LHC) has restricted the Federal Board of Revenue (FBR) from sales tax audit of commercial importers and issued a stay order on M/s SI Trading appeal. As per details of the case, Justice Shahid Karim of Lahore High Court (LHC) heard the appeal filed by M/s SI Trading in which the counsel for appellant Muhammad Mohsin Virk advocate ... Read More »

Customs generates Rs13m through auction of 10 PM House vehicles

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ISLAMABAD: Collectorate of Customs generated Rs13 million through auction of 10 luxury vehicles of Prime Minister House. Sources told Customs Today that it was the 3rd auction of vehicles surrendered by PM House during the last two months (November–December) of Fiscal Year 2018-19. The sources said that the Prime Minister House handed over 49 old vehicles to MCC for auction. They added ... Read More »

Customs Appellate Tribunal sets aside ONO on appeal filed by M/s Shengshan Resource Pvt Ltd

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LAHORE: Customs Appellate Tribunal set aside Order-in-Original issued by Customs Adjudication on an appeal filed by M/s Shengshan Resource Private Limited. The appeal was filed by Deputy Director, Post Clearance Audit (PCA). Muhammad Sadiq, member technical bench-II, heard the arguments submitted by the appellant and respondent and decided the case with arguments that impugned order is set aside and ordered the ... Read More »

Gwadar Customs seizes non-duty paid molding machines worth Rs8.50m

Gwadar Customs foils bids to smuggle narcotics Iranian diesel copy

GWADAR: Collectorate of Customs team seized non-customs paid molding machines and different parts worth Rs8.50 million including vehicle being used for smuggling. Sources told Customs Today on 17th  December that Deputy Collector Junaid Mehmood received secret information that some smugglers are trying to smuggle non-customs paid molding machines and its parts from Gwadar to Afghanistan. After receiving this information, he constituted a ... Read More »

Customs Court seeks final challan in mobile smuggling case

MOBILE SHIPMENTS

KARACHI: The Customs Court directed investigation officer to complete investigations and submit final charge-sheet against suspects Taj Muhammad son of Baig Muhammad and others, who are allegedly involved in a case of attempting to smuggle non-duty paid mobile phones etc. On December 17, 2018, during the hearing, investigation officer appeared before the court and sought further time to submit final ... Read More »