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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

Lahore Customs holds flag hoisting ceremony

WhatsApp Image 2018-08-14 at 9.03.21 PM

LAHORE: A colorful ceremony to mark the 71st Independence Day of Pakistan was held at the Lahore Customs House on 14th August. Those who attended the ceremony includes Collectorate of Customs Appraisement Collector Preventive Jameel Nasir Khan, Collector Appeals Saima Shahzad, Collector Mukarram Jah, Collector Muhammad Sadiq, Additional Collector Saima Aftab and other customs officials. The Customs inspectors and spoyes ... Read More »

Rs 15b detention scam: PICT threatens importer to cause financial/physical damage

sohail shams

KARACHI: An importer has snubbed shipping lines, their agents and terminal operator including Evergreen Line, Greenpak Shipping, United Marine Agencies, KMTC and PICT who instead of resolving the issue of additional demmurage and detention, kept on blackmailing importers through legal notices and publishing news on an unregistered website. In his letter written to PICT, the importer exposed the malafide of ... Read More »

President SCCI Shinwari bashes Evergreen Line, Greenpak, United Marine Agencies, KMTC, PICT for looting importers

Zahidullah Shinwari

PESHAWAR: The shocking revelation of corruption by shipping companies, terminal operators and customs officials at Karachi ports has discouraged genuine importers. The Customs high-ups must take strict action against the gambling of Customs staff by blocking way of imported consignments and demanding extra charges other than mentioned the Customs Act of 1969 and SRO 1220. This was stated by Zahid ... Read More »

FTO directs FBR to probe tax evasion of Rs933m at Faisalabad Dry Port

FTO Mushtaq Ahmed Sukhera

ISLAMABAD: Federal Tax Ombudsman (FTO) has taken notice of tax evasion of Rs933 million at Faisalabad Dry Port and directed Federal Board of Revenue (FBR) to investigate the matter and submit a detailed report, it is learnt here. According to official sources, Federal Tax Ombudsman (FTO) had received reports that during years 2011 to 2013, around 1,188 numbers of containers of ... Read More »

M/s Al-Saudia Enterprises approaches SHC against enhancement of valuation

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KARACHI: The Sindh High Court (SHC) issued an interim order and directed customs officials not to take any action against the petitioner till next date of hearing on a constitutional petition filed by M/s Al-Saudia Enterprises against enhancement of valuation of imitation jewellery from $3.45 & 4.25 to $13.5 kilogram imported from India. A two-member bench, headed by Justice Aqeel ... Read More »

SHC seeks reply on petition filed for restoration of license

SHC

KARACHI: The Sindh High Court (SHC) directed customs officials to file their para wise comments on a constitutional petition filed by Syed Hamid Shah seeking restoration of its clearing agent’s license blocked by customs officials due to alleged involvement in tax evasion. A two-member bench, headed by Justice Aqeel Ahmed Abbasi, was hearing the matter on August 13, 2018. During ... Read More »

Faisalabad Customs I&I impounds non duty paid mini truck

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FAISALABAD: The Customs Intelligence and Investigation impounded a non-duty paid mini truck bearing registration no: FSC-5822 worth Rs1.5 million under section 157(2) of Custom Act 1969. Sources told Customs Today that Deputy Director Rana Irfan Shouqat received credible information that a non-duty paid truck is plying on the roads of Faisalabad. He immediately constituted a raiding team comprising Superintendent Muhammad ... Read More »

World Taekwondo Club Bharia Town Phase-8 got first position in Jashn-e-Azadi Taekwondo Championship

icci

ISLAMABAD: The Islamabad Chamber of Commerce & Industry organized the first ICCI Jashn-e-Azadi Taekwondo Championship as a part of Independence Day celebrations. National Taekwondo Club, Islamabad Sunny Taekwondo Club, World Taekwondo Club Bharia Town Phase-5, World Taekwondo Club Bharia Town Phase-8 and Taekwondo Club DHA-II participated in the Championship. Total 130 kids took part in the competitions. World Taekwondo Club ... Read More »

Cake cutting ceremony at ICCI to celebrate 71st Independence Day of Pakistan

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ISLAMABAD: The Islamabad Chamber of Commerce & Industry held a cake cutting to celebrate the 71st Independence Day of Pakistan. Sheikh Amir Waheed President, Muhammad Naveed Malik Senior Vice President, Nisar Mirza Vice President, Islamabad Chamber of Commerce & Industry, Zubair A. Malik Chairman Founder Group, ICCI former Presidents Mian Akram Farid, Tariq Sadiq, Baser Daud, Muhammad Ejaz Abbasi, Muzzamil ... Read More »

IHC issues directives to parties to submit record of case filed by M/s Haj Enterprises

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ISLAMABAD: Islamabad High Court on Monday issued directives to submit record and get preparation for arguments to Collectorate of Customs in a case filed against M/s Al Haj Enterprises. IHC bench comprising Justice Shaukat Aziz and Justice Mohsin Akhtar had issued notices in the case to respondents for taking part in the proceedings. Meanwhile, the bench dated in office hearing ... Read More »

Quetta Customs starts crackdown on illegal petrol pumps

Ashraf Ali

QUETTA: Customs Collectorate under the supervision of Collector Ashraf Ali started crackdown on illegal mini petrol pumps and recovered 25000 liters diesel during different operations. Sources told Customs Today that Collector Ashraf Ali received credible information about some fake petrol pumps which are functioning in the city and involved in selling smuggled Iranian diesel. He immediately constituted a raiding team under ... Read More »

Customs Court seeks final charge-sheet in betel nuts smuggling case

Customs court sends suspected betel nuts smugglers to jail on remand copy

KARACHI: The Customs Court directed investigation officer to submit final charge-sheet against suspects namely Syed Muhammad Shafiq son of Khuda Nazar and Syed Aziz Ullah son of Syed Abdul Sattar, who were booked in a case of attempting to smuggle non-duty paid 11,794 kg betel nuts. On August 13, 2018, Investigation Officer Muhammad Mehmood and Naib Subedar of Pakistan Coast ... Read More »

Gwadar Customs seizes NDP luxury vehicles tyres worth Rs9.50m

Gwadar Customs seizes NDP luxury vehicles tyres worth Rs9 50m copy

GWADAR: A Customs Collectorate team has seized huge quantity of non-duty paid luxury vehicle’s tyres & tubes and vehicle being used for smuggling worth Rs 9.50 million. Sources told Customs Today on 13.8.2018 that Deputy Collector Junaid Mehmood received secret information that some smugglers ware trying to smuggle non-duty paid luxury vehicles tyres and tubes from Gwadar to Karachi. After receiving this information, he ... Read More »

SBP amends instructions on advance payment against imports

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KARACHI: The State Bank of Pakistan (SBP) revised the instructions relating to advance payment facility allowed to importers through authorized dealers and had also restricted the import on open account basis to manufacturing and industrial users for import of spare parts/raw materials only. A notification issued by the SBP stated that “in view of representations made by a number of ... Read More »

PSX drops over 200 points

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KARACHI: The Pakistan Stock Exchange benchmark KSE-100 index maintained its downward slide for the second successive session on Monday. In the morning, trading began on a negative note, with the index sliding over 240 points in intra-day trading. It remained under pressure amid brief bouts of buying. Overall investors continued to book profits and volumes stood low. At close, the ... Read More »

Three Appraising Officers granted performance allowance

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ISLAMABAD: Three Appraising Officers of BS-16, selected through the process of internal job posting (IJP), have been granted performance allowance. The officers, including Imdad Ali, Hafiza Arslan Shagufta and Ayesha Mahmood who are presently posted at Moedel Customs Collectorate, Faisalabad, have been granted performance allowance equal to 100 per cent of minimum of their basic pay (in pay scale-2011) with ... Read More »

Four IR officers of BS-17 granted performance allowance

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ISLAMABAD: Four Inland Revenue Service officers of BS-17, selected through the process of internal job posting (IJP), have been granted performance allowance. The officers, including Syeda Lubna shah, Faiza Sadaf, Alishpa Asif and Saman Gulzar who are presently posted in Regional Tax Office-II, Lahore, have been granted performance allowance with effect from July 24, 2018. Grant of performance allowance will ... Read More »

NAB, FIA asked to probe lappoos set up by Abdul Rauf, Sohail Shams, Haleem Siddiqui in detention mega scandal

sohail shams

KARACHI: A mega scam of Rs 15 billion is unearthed where customs staff in connivance with shipping companies, their agents and terminal operator including Evergreen Line, Greenpak Shipping, United Marine Agencies, KMTC and PICT purposely delay the clearances of imported goods. Sources said Customs staff made a strong nexus with Deputy MD of Greenpak Abdul Rauf, CEO of United Marine ... Read More »

Deputy Collector Moazzam Raza transfers superintendents, inspectors, appraising officer

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LAHORE: Collectorate of Customs Preventive Deputy Collector Headquarters Mohammad Moazzam Raza issued a notification to transfer superintendents, inspectors and appraising officers with immediate effect. According to the notification, Superintendent Nasir Mehmood Tarar currently posted at Airport (Traffic) is hereby transferred to Railway Station T-10 while Superintendent Manzoor Ahmed Bhatti is transferred from Railway Station T-10 to Airport (Traffic) branch. Inspector ... Read More »

Customs Preventive transfers LDCs, sepoys

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LAHORE: Deputy Collector Headquarters Mohammad Moazzam Raza transferred Lower Division Clerk (LDCs), sepoys and naib qasid. According to notification, LDC Farzand Ali transferred from Railway Station T-10 to Air Freight Unit, LDC Malik Faizan Saleem from Customs Headquarters to Railway Station T-10, Sepoy Ijaz Ahmad, Sepoy Mohammad Shafique, Sepoy Mahfooz Khan, Sepoy Mujeeb Ahmed Baig transferred from Airport (Traffic) to ... Read More »