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Tag Archives: FBR Chairman

FBR asks for submission of data from Collectorates of Adjudication-I&II

FBR

KARACHI: The Federal Board of Revenue (FBR) has asked the authorities concerned of the Collectorates of Customs Adjudication-I and II to submit the entire data of the cases during the current fiscal year 2014-15 before the competent authorities by the end of November, 2014, Customs Today learnt here on Tuesday. The sources informed Customs that the FBR through a letter ... Read More »

Anti-Smuggling Dept seizes two non-customs paid vehicles

Anti-Smuggling

  FAISALABAD: The Anti-Smuggling department of MCC, Faisalabad seized the two non-customs paid vehicles from Mianwali. The customs team was on a patrolling duty when it recovered the vehicles, including Toyota Corolla X worth Rs 1.5 million and Toyota Vitz new model worth Rs 1.2 million. The Anti-Smuggling department officials seized both the vehicles. Read More »

FBR gets uplift projects worth Rs 1 billion passed by CDWP

FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has successfully got development projects worth one billion rupees approved by the Central Development Working Party (CDWP). “The logical arguments presented by the FBR team in the meeting of the CDWP brought about due results and ultimately CDWP had to approve almost all the of the development projects forward by the FBR,” a ... Read More »

Appraisement-East collects Rs 10.5 billion revenue in 20 days

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KARACHI: Model Customs Collectorate of Appraisement-East collected Rs 10,599.66 million revenue during the first 20 days of October. MCC Appraisement-E collected Rs 2,893.75 million under the head of customs duty; Rs 5,754.41 million under the head of sales tax; Rs 1,847.544 million in withholding tax and Rs 33.96 million under the head of federal excise duty. The Collectorate achieved 60.26 percent of ... Read More »

IOCO staff of Customs irked by long promotion process

promotion

KARACHI: There exists great anger among employees of Input/ Output Co-Efficient Organization (IOCO) of Customs Department due to stoppage of promotion process, sources informed Customs Today here on Tuesday. The sources said that this department has been neglected like before despite the fact that competent staff works here. They said that Inland Revenue employees are always promoted but IOCO workers ... Read More »

Recruitments at vacant posts of Customs House from next month

Customs House

Karachi: Recruitment process at vacant posts of Customs House is likely to get started from next month, the Customs Today learnt on Monday. The sources said that vacant posts have not been filled at Customs House since long which had affected its performance. The sources said the recruitment process would start next month on posts starting from grade 1 to ... Read More »

Pakistani public afraid of tax collecting agencies: DFID survey

survey

ISLAMABAD: The fate wing of the Federal Board of Revenue (FBR), in collaboration with the British Department for International Development (DFID), has conducted a survey about tax trends in Pakistan. The survey shows that the public and business community are not willing to pay taxes and are afraid of filing tax returns. “People are afraid that they will be trapped ... Read More »

FBR Chairman Bajwa to give briefing on PTAs, FTAs today

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ISLAMABAD: An important meeting will be held today at the Ministry of Commerce in which presentation will be given on Professional Trade Agreements (PTA) and Free Trade Agreements (FTA) signed with different  countries in the past and to be signed in the future. FBR Chairman Tariq Bajwa will participate in the meeting and would conduct the presentation. The FBR chairman ... Read More »

Bajwa warns against undue protocol to relatives of FBR officials at airports

Bajwaaa

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has directed the security personnel and field formations to take orders only from FBR protocol officers and barred them from following any order or instruction from other protocol officers. The FBR chairman has taken the step after complaints of wrong use of powers against rules and regulations by some FBR officers. Sources ... Read More »

5pc ST: Ginners, millers to plead withdrawal with Bajwa

Cotton

MULTAN: The representatives of Pakistan Cotton Ginners Association (PCGA) and Oil Mills Association will meet Federal Board of Revenue (FBR) Chairman Tariq Bajwa this week to plead for the withdrawal of 5 percent sales tax imposed on the cotton seed cake. It is to be noted that both the associations had vehemently demanded the FBR chairman to withdraw the newly-imposed ... Read More »

FBR tells 62 officials to submit tax returns to get allowance

Member Admin

ISLAMABAD: The Federal Board of Revenue (FBR) has suspended the performance allowance of 62 officials between Grade 17 and 19 for not submitting their income tax returns. The FBR has issued a notification in this regard. However, the FBR Chairman Tariq Bajwa has barred the officials concerned from publishing the notification on the official website. According to the notification, if ... Read More »

FBR CBA not illegal, Union confronts Bajwa’s statement

Qayyum

LAHORE: Federal Revenue Alliance Employees Union, CBA FBR Pakistan Central President Mian Abdul Qayyum has clarified that the Union falls well under definition of NIRC (National Industrial Relation Commission) as the Honorable Islamabad High Court declared FBR as a trade organization and FBR Union as CBA (Collective Bargaining Agent) in terms of a verdict of the Court while issuing Registration ... Read More »

Anti-Dumping Duties

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China’s emergence as an economic power has threatened indigenous industries all over the world and many governments have stepped up their efforts to ward off economic threats to their industries at home. In a normal situation, every government encourages the import of different items from foreign countries to meet the local requirements, but restrictions are also imposed on the import ... Read More »

Tuesday September 23 – Monday September 29, 2014

Customs Today E-Paper

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Rs 333 million goods imported from India via Wagha Border

wagha border

LAHORE: Pakistan has imported items worth Rs 333 million between September 15 and 21 from India via the Wagha border. According to available documents, the major items were potatoes, tomatoes, garlic, cake-oil, polyethylene and cotton yarn. The documents also read Pakistan imported potatoes worth Rs 19.8 million during the last week. No duty has been imposed on the import of potatoes from India ... Read More »

Multan E&T Officer Waqar Kiyani takes charge

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MULTAN: Multan Excise and Taxation (E&T) Officer Waqar Ahmad Kiyani took charge of his office. Earlier, Kiyani was working in the Excise and Taxation office in Rawalpindi. He is optimistic that the department will achieved the set targets. The Multan Excise and Taxation Department is running a campaign for collection of taxes before September 30. The Multan Excise and Taxation ... Read More »

Audit of tax returns

audit

The Federal Board of Revenue (FBR) has issued a new audit policy for 2014 for the taxpayers according to which 12 percent of the total returns of the taxpayers, covering the tax period  between July 1, 2012 and June 30, 2013, will be selected for the audit of income tax, sales tax, and excise duty through random computer balloting. However, ... Read More »

Chief Collector Nasir Masroor transfers 10 low-rank staffers

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KARACHI: Customs Appraisement-South Chief Collector Nasir Masroor ordered immediate transfers and postings of 10 subordinate employees on September 20. The employees include four upper division clerks (UDC), four lower division clerks (LDC) and two record sorters. Four have been transferred from the Directorate of Post-Clearance Audit (PCA) while another four have been transferred to the PCA. Qutubuddin, UDC; Javed Awan, ... Read More »

Importers face losses due to mismanagement at ports

italy-demurrage

KARACHI: The traders and importers have expressed concerns over filing of Import General Manifest (IGMs) by Shipping Lines and Port authorities, as the importers were paying hefty amount in form of demurrage and detention to the shipping lines due to alleged inefficiency of the authorities concerned. The importers were of the view that the shipping lines were not filing proper ... 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 »