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Author Archives: Aftab Channa

FBR yet to assign revenue targets to Customs Collectorates in Karachi for financial year 2017-18

KARACHI: With the start of the new fiscal year, the Federal Board of Revenue is yet to assign the Customs Collectorates Appraisement West, South, Exports, Preventive and Port Muhammad Bin Qasim the revenue collection targets for the new Fiscal Year 2017-18, it is learnt. The FBR used to work out revenue targets in the federal budget that was presented in ... Read More »

Customs Preventive collects Rs 11,197m duties, taxes in July 2017

KARACHI: The Collectorate of Customs Preventive has collected Rs 11,197 million under the heads of customs duty, sales tax, income tax and the federal excise duty during July 2017. Official sources told Customs Today that Customs Preventive collected included Rs 2,774.22 million as customs duty, Rs 6,852.86 million as sales tax, Rs 1,180.32 million as income tax and Rs 389.63 ... Read More »

Rs 39m tax evasion: Adjudication-I prepares show-cause notice against M/s Nestle Pakistan

KARACHI: Collector, Collectorate of Customs Adjudication-I has prepared a show-cause notice against M/s Nestle Pakistan Limited for allegedly causing a huge loss of Rs 39 million to the national exchequer by way of mis-declaration of classification, it is learnt. According to sources, the PCA Directorate had found that M/s Nestle Pakistan Limited imported 18 consignments of “peach puree/peach puree concentrate”, ... Read More »

Appraisement West collects Rs 21,954m duties & taxes in July 2017

KARACHI: The Customs Collectorate Appraisement West has collected at least Rs 21,954 million duty and taxes under the heads of customs duty, sales tax, income tax and the federal excise duty in the month of July 2017. Official sources told Customs Today that the Customs Appraisement West collected Rs 8,617 million customs duty, Rs 9,339 million sales tax, Rs 3,876 ... Read More »

Appraisement East collects Rs 40,365m duties & taxes in July 2017

KARACHI: The Customs Collectorate  of Appraisement East has collected at least Rs 40,365 million taxes and duties under the heads of customs duty, sales tax, income tax and federal excise duty during the month of July 2017. According to sources, the Customs Appraisement East collected Rs 14,988 million customs duty, Rs17, 918 million sales tax, Rs 7,183 million income tax ... Read More »

Gul Rehman’s Post Clearance Audit detects Rs 369m evasion of duty, taxes in July 2017

KARACHI: While upholding its commitment to detect and highlight the tax evaders in the country, the Customs Directorate of Post Clearance Audit-Karachi has detected duty and tax evasion of over Rs 369 million just in July 2017. Talking to Customs Today, Directorate of PCA Director-Karachi Gul Rehman said that his directorate detected some 20 cases of duty and tax evasion ... Read More »

M/s Colgate-Palmolive served show-cause notice for tax evasion of Rs 99m

KARACHI: Collector of the Collectorate of Customs Adjudication-I has issued a show-cause notice to M/s Colgate-Palmolive (Pakistan) Limited for allegedly evading duty and taxes worth Rs 99 million. According to the show-cause notice, during the scrutiny of import data related to the imports of branded tooth brushes, it was found that M/s Colgate-Palmolive, with active connivance of their clearing agents ... Read More »

Customs Port Qasim officials clear stolen luxury vehicles from UK

KARACHI: While showing its inefficiency and with the menace of corruption among the ranks, the officials at the Customs Collectorate Port Muhammad Bin Qasim (PMBQ) have allegedly cleared at least two luxury vehicles which were reported to have been stolen from the United Kingdom, it is reliably learnt. The insiders told Customs Today that it was communicated to the Anti ... Read More »

Dr Saifuddin Junejo transferred, posted as Collector Quetta

KARACHI: Within a very short span of eight months, the Federal Board of Revenue (FBR) has finally transferred a senior officer of the Pakistan Custom Service (BS-20), Dr Saifuddin Junejo, from the post of Collector Preventive and posted him as Collector Quetta. Dr Junejo, assumed charge of the post of Collector, Customs Collectorate (Preventive), Karachi in October 2016 replacing S ... Read More »

Gul Rehman adds evaded billions of rupees to national kitty’s, made Collector Peshawar

KARACHI: Gul Rehman, an officer of Pakistan Custom Service BS-19, who served the Directorate of Post Clearance Audit Karachi as its director for more than two and a half years, has added billion to rupees evaded duty and taxes during his tenure. It is mentioned here that Federal Board of Revenue had posted Gul Rehman as Director PCA-Karachi in January ... Read More »

Collector Ashhad Jawwad asks chief commissioner LTU to represent IRS/FBR in SHC

KARACHI: Collector Customs Collectorate Appraisement West Ashhad Jawwad has asked the chief commissioner, Large Taxpayers Unit (LTU) to properly represent the IRS/FBR in the constitutional petition pending with the Sindh High Court. In a letter, Collector Jawwad said during the course of hearing counsel for the petitioner, M/s Engro Fertilizer, stated that identical petitions i.e. CP No D-1089/2016 (M/s MAL ... Read More »

PCA detects duty, tax evasion worth Rs 39m by M/s Nestle Pakistan

KARACHI: The Directorate of Post Clearance Audit (PCA) has detected evasion of duty and taxes of Rs 39 million allegedly by M/s Nestle Pakistan Limited by way of mis-declaration of classification, it is learnt. According to sources, the PCA Directorate, while scrutinizing the import data, found that M/s Nestle Pakistan Limited, Lahore imported 18 consignments of “peach puree/peach puree concentrate”, ... Read More »

PCA detects duty, tax evasion worth Rs39m by M/s Nestle Pakistan Ltd

KARACHI: The Directorate of Post Clearance Audit (PCA) has detected massive evasion of duty and taxes around Rs39 million by M/s Nestle Pakistan Limited by way of mis-declaration of classification, it is learnt. According to sources, the PCA Directorate while scrutinizing import data found that M/s Nestle Pakistan Limited, Lahore imported 18 consignments of “peach puree/peach puree concentrate”, and got ... Read More »

Collector Adjudication-II issues show-cause notice to M/s BM Technologies

KARACHI: The Collectorate of Customs Adjudication-II has issued a show-cause notice to M/s BM Technologies for evasion of duty/taxes to the tune of Rs 1 million on import of Sulphur Bentonite. According to sources, M/s BM Technologies imported consignments of ‘Sulphur Bentonite’ under PCT Heading 3105.9000 and cleared the same with active connivance of their clearing agent M/s Rabia Shipping ... Read More »

Chief Collector Appraisement South to appoint three special prosecutors

KARACHI: Chief Collector of Customs Appraisement South Abdul Rashid Sheikh is likely to appoint three special prosecutors in Customs, Taxation and Anti Smuggling Organization (ASO) at different stations. In a letter, Deputy Collector of Customs Law Branch Muhammad Shahzad has forwarded three names of senior advocates to the chief collector for approval. “As desired, this Collectorate proposes following three counsels ... Read More »

DC R&D/AIB seeks reply of show cause notice issued to M/s Rahmani Traders

KARACHI: The Deputy Collector R&D/AIB of the Customs Appraisement West has asked M/s Rahmani Traders to file requisite comments in reply to a show cause notice for final disposal of the proceedings before the licensing authority. According to a letter, a show cause notice of even number issued on July 6, 2017 was sent to M/s Rahmani Traders on detection ... Read More »

Customs Appraisement-West asked to compile arrears of KICT for FTO

KARACHI: The Customs Collectorate Appraisement West, Deputy Collector of Recovery Cell, has been requested to compile details of outstanding arrears of the Karachi International Container Terminal (KICT) as the reports would be submitted to the Federal Tax Ombudsman (FTO). In this regard, Assistant Collector KICT Umair Zahid has forwarded a letter to Deputy Collector, Recovery Cell of Customs Appraisement West ... Read More »

FBR seeks July’s arrears from Appraisement West

KARACHI: The Federal Board of Revenue (FBR) has directed the Appraisement West to provide monthly statement of arrears and recovery of outstanding dues for the month of July 2017. Sources told Customs Today that in this connection, deputy/assistant collectors I, II, III, IV, V, VI, VII, AIB, Bond Section and BG Cell have been directed to provide the monthly statements ... Read More »

Chief collectors, collectors asked to submit Performance Evaluation Reports by July 31, 2017

KARACHI: The Federal Board of Revenue (FBR) has directed all the chief collectors, collectors and director generals to ensure submission of the Performance Evaluation Reports of the customs officials by July 31, 2017. According to sources, Chief Management Dr Ahmed Shahab has forwarded a letter to all the Chief Collectors of Customs, all Collectors of Customs, all Collectors of (Adjudication ... Read More »

FBR transfers, posts two custom officials in Karachi

KARACHI: The Federal Board of Board (FBR) has made transfer/posting of two BS-16 officials of the customs department with immediate effect and until further orders. According to a notification, Mashallah Khatoon, Appraising Officer Model Customs Collectorate of Preventive Karachi is transferred and posted as Appraising Officer, Model Customs Collectorate of Appraisement East Karachi while Ali Rizwan Hameed, Inspector Customs, presently ... Read More »