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Tag Archives: Collectorate of Appraisement

Solar lighting system: Customs Tribunal reserves decision

Tribunal

KARACHI: A single bench of Custom Appellate Tribunal reserved judgment on Thursday in an appeal filed by an importer of solar lighting system against the imposition of duty and taxes on the import of parts and accessories meant to manufacture the complete unit. The appellant M/s Trade Serve is engaged in the installation of solar lighting system and has been ... Read More »

Lahore Customs collects 86pc more duty than last year

revenue

LAHORE: The Model Customs Collectorate Lahore has detected 36 mis-declaration cases in the first two months of current fiscal year and collected Rs 11.62 million federal excise duty which was 86 percent more than the collections during same months of last year. Sources told that the customs also collected Rs 2367 million customs duty during July-August period, which was 33 ... Read More »

PIA, Shaheen Air, Air Blue tax scam case: SHC summons attorney general

airlines

KARACHI: The Sindh High Court (SHC) has summoned Salman Aslam Butt, the attorney general of Pakistan, to seek his perspective over the sales tax dispute between Pakistan International Airlines (PIA) and the Pakistan Customs. The reliable sources confirmed Customs Today that the SHC has asked the attorney general to present before the court on Wednesday (today) and clear the government ... Read More »

Appraisement-East collects Rs 19.24b in August

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KARACHI: The Model Customs Collectorate (MCC) of Appraisement-East has collected Rs 19.24 billion in August with an increase of Rs 5.78 billion as compare to the Rs 13.45 billion collected in July under the heads of customs duty, sales tax, withholding tax and federal excise duty. According to statistics, the MCC-Appraisement-East has collected Rs 5.24 billion customs duty in August ... Read More »

Multan Customs collects Rs 14.92b in August

dry port

MULTAN: Multan Customs Collectorate has collected Rs 14.92 billion in August for FY 2014-15. The Anti-Smuggling Organisation has registered 15 cases in August 2014 which includes seven cases of vehicles and eight cases of contraband items, collecting Rs 7.26 million duty on the seized items. The Multan Customs also uncovered alleged tax evasion by Q Mobile smart phones company worth ... Read More »

Hyderabad Customs seizes 15,000 litres Iranian oil

Imanullah

HYDERABAD: The Hyderabad Customs has seized 15,000 litres smuggled Iranian oil worth Rs 1.6 million near Hitri Police Station. On the directives of Assistant Collector Preventive Imanullah Khan Tareen of the Model Customs Collectorate (MCC), Anti-Smuggling Squad Superintendent Nadeem Usmani, Inspector Abdul Ghafoor Sheikh and their team members have seized 15,000 litres of smuggled Iranian oil and arrested two people ... Read More »

Dastgir hails Azad Kashmir traders for rejecting Imran’s call

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ISLAMABAD: Federal Minister for Commerce Khurram Dastgir has supported the business community in Azad Kashmir for rejecting the call of civil disobedience by Pakistan Tehreek-e-Insaf chief Imran Khan. The representatives of the business community in Azad Kashmir were of the view that the call of civil disobedience will further weaken the economy. They demanded Imran Khan take the call back. ... Read More »

Pakistan proposes trade agreements with Russia

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ISLAMABAD: The federal government has formed a committee headed by Finance Minister Ishaq Dar to address the concerns of exporters regarding lack of coordination with Russian Customs authorities. The government has also proposed the Russian Federation to ink Preferential Trade Agreement (PTA) and Free Trade Agreement (FTA) with Pakistan Customs, however, Russian Customs decided to respond after consultation with all stakeholders ... Read More »

FBR set to achieve Rs 750m target in Aug from various Punjab cities

target

SIALKOT: The Federal Board of Revenue (FBR) has set a tax recovery target of Rs 750 million for the Regional Income Tax Directorate Gujranwala for August, 2014. A senior FBR official told the Customs Today that Regional Income Tax Directorate Gujranwala have to collect Rs 400 million income tax and Rs 350 million sales tax to achieve the target. The ... Read More »

Pak-China Customs data sharing committee declared invalid

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KARACHI: The Federal Board of Revenue (FBR), through a letter to Karachi office, has declared a recently formed committee invalid, which was formed to discuss and share trade data between customs authorities of Pakistan and China. Sources confirmed Customs Today that FBR has made the recently formed committee invalid by stating that a committee on developing Electronic Data Interchange (EDI) ... Read More »

Appraisement-West to launch Queue Management System

QMS

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-West is going to launch “Queue Management System” (QMS) in the Collectorate by the end of this month (August) for the facilitation of importers and clearing agents. This was informed by the Collector, MCC-Appraisement (West) Muhammad Saleem while talking to Customs Today exclusively at his office. Highlighting the characteristics of QMS, Collector Muhammad ... Read More »

Chief Collector Nazim Saleem to hold meetings at Quetta today

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KARACHI: Chief Collector Enforcement-South Muhammad Nazim Saleem left for Quetta for holding meetings with officers of Quetta Collectorate. As per details, the Chief Collector Enforcement-South will also visit the check-posts of Pakistan Customs established at the entry and exit points of the Quetta city. A source from FBR told Customs Today that the Chief Collector Enforcement-South will hold meetings regarding ... Read More »

SHC issues stay order against demotion of 39 TCP officials

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KARACHI: The Sindh High Court (SHC) has issued stay order against the demotion of 10 officers and 29 employees of Trading Corporation of Pakistan (TCP) here on the other day. The TCP sources informed Customs Today that those 39 TCP’s officials were demoted by the illegally formed TCP board of directors. The sources further said that the Sindh High Court ... Read More »