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Achieving the tax target

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Despite the difficult history of revenue collection over the last few years, the government set the ambitious target of Rs.2475 billion for the current year. The original tax collection target in the 2012-13 budget was Rs2,381 billion which was later revised downward to Rs2,191 billion. Half way through the year the target was further slashed to Rs2,050 billion and then ... Read More »

US Customs sued for using excessive force

US Customs and Border Protection (CBP)

TEXAS: US Customs and Border Protection (CBP) is under fire for overstepping their bounds. The American Civil Liberties Union (ACLU) of Texas has filed a lawsuit against the US Customs and Border Protection claiming the agency used excessive force. The lawsuit claims a federal officer violated a pregnant woman’s civil rights by searching her and tossing her to the ground ... Read More »

UK Customs seizes record numbers of illegal wildlife items

Wild life

LONDON: More endangered animal items have been seized in the year up to April 2013 than any other year the Home office has announced. 690 items were seized in total – an increase of 181 on the previous year – including live big cats and tortoises. The Home Office also confiscated hippo teeth, ivory and an alligator skin upholstered Rolls ... Read More »

Michael bent on putting ports and shipping industry back on track

Kamran

ISLAMABAD: Minister for Ports and Shipping Kamran Michael said that forceful encroachment by different corrupt groups at Port Qasim is a matter of great concern and an Anti-Encroachment Cell has been set up to halt this illegal practice at the earliest. The cell was not fully functional before but we have now made it a powerful authority to deal with ... Read More »

‘FBR delays refund cases to show more growth, hoodwink IMF’

software-refund

LAHORE: Former president Lahore Tax Bar Association (LTBA) Zahid Attiq Chaudhry said that 25 percent growth in revenue collection during first 4 months of 2013-14 was nothing but jugglery of words and the Board was delaying Rs 20billion refund cases to demonstrate the growth. Through delayed refund, FBR was hoodwinking both the government and IMF. Revenue was actually increased due ... Read More »

FBR notifies transfer of 8 PCS officers

Transfers-and-Postings

ISLAMABAD: FBR transferred and posted 8 officers of the Pakistan Customs Service (BS-18-20) with immediate effect. According to the notification, Syed Tanveer Ahmad (Pakistan Customs Service/BS-20) has been transferred and posted as Director, Directorate of Reforms and Automation (Customs), Karachi. Amer Rashid Sheikh (Pakistan Customs Service/BS-19) has been posted as Additional Director, Directorate of Reforms and Automation (Customs), Karachi. Irfan ... Read More »

Shanghai Customs investigates 121 pythons smuggler

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SHANGHAI: Shanghai Customs is investigating a passenger who brought 121 ball pythons from Hong Kong to Shanghai. The ball pythons, which are native to Africa, were discovered in an x-ray luggage check at Pudong International Airport. The passenger, a Chinese man in his 30s, didn’t declare the snakes when he took a flight from Hong Kong to Shanghai. When questioned by ... Read More »

FBR establishes more than 200 Tax Facilitation Kiosks for taxpayers’ facilitation

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ISLAMABAD: FBR has established more than 200 Tax Facilitation Kiosks (KIOSKs)/Tax Facilitation Centres (TFCs) throughout the country on places like important business centres, shopping malls, offices of Traders’ Associations and important markets where maximum number of taxpayers can avail the facility. In order to facilitate the taxpayers for filing the returns of income for the tax year 2013, the knowledgeable ... Read More »

Govt urged to ban import of tomatoes

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LAHORE: The government has been urged to immediately put a ban on import of tomatoes to encourage local productions as the recent hefty increase in the prices of the commodity is only because of the govt’s dependence on the neighbouring country. While expressing a grave concern over steep increase in tomato prices in just a few days, Pakistan Poultry Association ... Read More »

Over 200 containers ‘confiscated’ by police during Muharram

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KARACHI: The city police have started confiscating containers and heavy vehicles forcibly for cordoning off the main arteries and roads owing to security reasons on 8th, 9th and 10th Muharram amid the strike called by the transporters’ bodies. According to the survey conducted by Customs Today, the Karachi Police have impounded over 200 containers to block some major roads and ... Read More »

Transporters vow to continue strike till acceptance of demands

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KARACHI: The country’s poor economy is undergoing another bad period, as the strike of United Goods Transporters Association (UGTA) and its other ally bodies has entered the seventh consecutive day. The leaders of transporters’ bodies, during the demonstration at Kharadar truck stand, have vowed to continue their strike till the fulfilment of their demands. Addressing to the protesting transporters, UGTA ... Read More »

Jordan Customs foils smuggling bids at Queen Alia Airport

Queen Alia International Airport

AMMAN: Jordan Customs Department (JCD) personnel at Queen Alia International Airport have foiled an attempt to smuggle 243 cellular devices at a cost of JD56,100. JCD personnel also foiled another attempt to smuggle dental tools that were seized during a baggage inspection for an arriving passenger. The two cases were referred to the JCD Prosecutor General to complete the necessary ... Read More »

Gold smuggling through Dhaka airport increases

Dhaka airport

DHAKA: A record quantity of around 450kg gold had been seized at the Dhaka airport over the last 10 months Gold smuggling through Hajarat Shahjalal International Airport has become rampant after India increased duties and taxes on the import of precious metals, customs and intelligence officials at the airport said. A record quantity of around 450kg gold had been seized ... Read More »

Russia introduces new customs rules

Russia customs

MOSCOW: Russian Customs introduced new rules for the passage of goods across the border with Ukraine, the press service of the Ukrainian State Border Service informs. “Since November 12, the customs authorities of Russia have begun the implementation of measures to ensure compliance with the transit of goods imported into the customs territory of the Customs Union,” the service reports. ... Read More »

Flying car misses Swiss customs guards

Car

GENEVA, SWITZERLAND: Why the driver was going at a speed that sent him into the air isn’t yet known, but miraculously, no one was hurt when a car sailed 45 metres through the air at the Thônex-Vallard customs post – over the roof of a foreign exchange office before it landed where customs guards check passing cars. The accident occurred ... Read More »

Assistant Collector Amanullah Tareen seizes 120,000 litres of smuggled diesel

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QUETTA: In compliance with the directives given by the Supreme Court in CP No. 77/2010 for seizing smuggled goods, Model Customs Collectorate Quetta’s Anti-Smuggling Establishment and Frontier Corps Balochistan have chalked out a comprehensive strategy for seizing contraband/smuggled goods. Terms of engagement between the two agencies have been worked out, putting the mechanism of assistance in place. A successful Joint ... Read More »

Penalty for not filing tax returns reduced to Rs 10,000

DAR

ISLAMABAD: Aimed at facilitating taxpayers, FBR has decided that wealth statement will be filed by those taxpayers who were declared or assessed in the preceding year or would be assessed this year by having net moveable assets exceeding Rs one million. The amount of minimum penalty for not filing due taxes was increased up to Rs 50,000 in the budget ... Read More »

TCP seals another deal on urea import

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KARACHI: Trading Corporation of Pakistan (TCP) has sealed another deal for the import of 0.1 million tons of urea and accepted the bid of M/s Keytrade. M/s Keytrade’s bid was the lowest among three others as it offered bid of $352.80 per ton and it also deposited the bid guarantee. M/s Dreymore Fertilizer’s bid was the second lowest with $354.46 ... Read More »

Customs values of arms, ammunition, gas stoves issued

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KARACHI: The Directorate General of Customs Valuation, Customs House Karachi has determined the Customs Values of arms and ammunition (Pistols 9mm and 30 Bore of Chinese origin) and gas stoves including its parts through Valuation Rulings No. 608/2013 and 607/2013 respectively under Section 25-A of the Customs Act, 1969. The Customs Value (C&F) of the Pistol 9mm, (Chinese origin) having ... Read More »

All NBP branches to receive Customs duty payments in Karachi

NBP

KARACHI: Importers and Customs agents are being given facility of paying customs duty and other payment at all the designated branches of National Bank of Pakistan in Karachi. Pakistan Revenue Automation (Pvt) Limited (PRAL) is working on the process to facilitate the taxpayers and in this regard, all the NBP-designated branches will start receiving payments from the next month. Earlier, ... Read More »