Wednesday , January 27 2021
Breaking News
Home / Author Archives: Aftab Channa (page 20)

Author Archives: Aftab Channa

Customs Appraisement West collects Rs 23.056b taxes, duties

KARACHI: Customs Appraisement West has collected at least Rs 23.056 billion taxes and duties under various heads in the month of January 2016. According to statistics available with Customs Today, the Customs Appraisement West collected Rs 8,952.28 million under the head of customs duty, Rs 9,902.35 million under the head of sales tax, Rs 4,002.20 million as income tax and ... Read More »

DG Customs Valuation determines values of Maximum Density Fiberboard

KARACHI: The Directorate General of the Customs Valuation has determined the value of Maximum Density Fiberboard (MDF) and its value added products vide Valuation Ruling No 815/2016. According to details, the Karachi Chamber of Commerce and Industry demanded downward revision of the customs value in view of the decreasing prices at international level. The importers of MDF from Sri Lanka ... Read More »

Appraisement-West allows concessionary rates of sales tax to M/s Barkat

KARACHI: The Model Customs Collectorate Appraisement-West has allowed concessionary rates of sales tax to M/s Barkat Limited, Hyderabad on import of textile fabrics. In this regard, Deputy Collector Mahwish Shah addressed to Directorate of Intelligence and Investigation, Inland Revenue deputy director for verification of industrial/manufacturing status for the purpose of allowing exemption of sales tax. M/s Barkat Limited, Hyderabad, have ... Read More »

Collector Wasif directs Al-Hamza Flour Mills to pay Rs 4.4m evaded tax

KARACHI: Collectorate of Customs Adjudication-I Collector Dr Wasif Memon while issuing an Order-in-Original (ONO) has directed M/s Al-Hamza Flour Mills (Private) Limited to pay evaded taxes to the tune of Rs 4.43 million on the import of silos. The collector has issued ONO No. 439 against the company and also imposed a fine of Rs 200,000 for availing undue benefits. ... Read More »

Appraisement-West transfers 7 principal appraisers, appraisers

KARACHI: Model Customs Collectorate Appraisement-West Deputy Collector Mariam Mehdi Raja has transferred at least seven principal appraisers and appraisers with immediate effect until further orders. According to the notification, Shyam Lal has been posted at Internal Audit, Asad Masood posted at Post Release Verification Cell, Rafullah at PRV Cell, Ali Murad Ansari at Establishment wing, Muzaffar Ahmad Abbasi at Assessment ... Read More »

ONO issued against M/s Jadeed Feeds Industries for evading sales tax

KARACHI: Collectorate of Customs Adjudication-I, Collector Dr Wasif Memon has issued an Order-in-Original (ONO) 426/2015-16 against M/s Jadeed Feeds Industries Rawalpindi for evading duties/taxes to the tune of Rs 20.62 million on import of silos classifiable under PCT heading 9406.0030. A penalty of Rs 1,000,000 has also been imposed on the importer. The evasion of sales tax was found during ... Read More »

Sindh Revenue Board seeks collection details from telecom companies

KARACHI: The Sindh Revenue Board (SRB) has asked the telecom companies to provide details of the revenue which has been collected as federal excise duty and sales tax on services across the country. According to amendments made through Notification SRB-3-4/2/2016 dated January 27, 2016, the SRB directed the telecom companies to provide region-wise break-up of sales of pre-paid cards, easy loads and top ups. ... Read More »

DG Customs Valuation to review values of cereal foods

KARACHI: Directorate General of Customs Valuation has decided to review the customs values of cereal foods and a meeting of stakeholders has been convened on February 1, 2016. Sources told Customs Today that the importers and stakeholders have been asked to bring invoices of imports during the last three months showing factual values. The Directorate General also directed the stakeholders ... Read More »

PCS officers to attend 21st Mid Career Management Course

KARACHI: The Pakistan Customs Service (PCS) officers of BS-18 have been nominated for 21st Mid Career Management Course (MCMC) to be held at the National Institute of Management (NIM). According to a circular issued by the Federal Board of Revenue (FBR), the 21st MCMC course will be starting from February 1, 2016 simultaneously at NIM Karachi, Lahore and Peshawar. In ... Read More »

DG Customs Valuation revises values of perfumes, colognes and deodorants

KARACHI: The Director of Customs Valuation has revised the customs values of perfumes, colognes and deodorants etc vide Valuation Ruling No.811/2016. The brands have been divided into A, B, C, D, E, and F categories. Accordingly the ‘A’ category brands of perfumes/Eau de toilet, Eau de cologne under PCT 33.03 of all origins will be assessed to duty and taxes ... Read More »

Customs Appraisement West registers FIRs against four pesticide importers

KARACHI: Customs Appraisement West has registered at least four FIRs against pesticide importers. The importers included M/s Sino Pak Chemicals, Multan, M/s Pak Farming Care, Multan, M/s Biz Care International, Multan and M/s PFC International, Multan for tampering Goods Declaration (GD) documents. According to sources, these importers had imported different agricultural pesticides under Agricultural Pesticides Ordinance 1971 (II of 1791), while ... Read More »

Pakistan Customs strictly bars officials from disclosing trade information of any person

KARACHI: The Pakistan Customs has warned the official regarding disclosure, publishing or dissemination of trade information of any person and those found involved in such a practice would face three years imprisonment. Sources told Customs Today that the move is aimed at eliminating such illegal activities while the Federal Board of Revenue (FBR) has established a Monitoring Wing in both ... Read More »

FBR Chairman Nisar urges Customs officers to change their mindsets

KARACHI: Federal Board of Revenue Chairman Nisar Muhammad Khan has urged the Customs officers to bring change in their mindsets to become an example for society. Addressing the custom officials at the Directorate General of Training and Research, Old Customs House, on the occasion of World Customs Day, the FBR chairman said that the World Customs Organization has chosen the them ... Read More »

Member Customs Nasir Masroor stresses for change in attitude of Customs officials

KARACHI: The Member Customs, Federal Board of Revenue, Nasir Masroor has said that there is a need to bring change in the attitude. “We need to focus on decision making and problems resolving,” he said. Addressing the customs officials at Directorate General of Training and Research, Old Customs House, on the occasion of the World Customs Day, the Member Customs ... Read More »

Customs striving hard to achieve revenue targets: Chief Collector Zahid Khokhar

KARACHI: The Pakistan Customs celebrated the World Customs Day with the theme “Digital Customs: Progressive Engagement” at the Customs House on Tuesday. The celebration started in the morning by hoisting a national flag at Eduljee Dinshaw road. The flag was hoisted by Muhammad Zahid Khokhar, Chief Collector of Customs, South-Enforcement, Custom House at a crowded gathering that included customs officials, ... Read More »

Customs enhancing HR capacity to address challenges: Collector Majid Yousafani

KARACHI: The Customs fraternity around celebrated the International Customs Day on Tuesday under the slogan “Digital Customs: Progressive Engagement”. Talking to Customs Today, Collector Majid Yousfani said that there is a need to promote coordination and sharing of information among various departments to facilitate trade activities and control smuggling. He said that communication and coordination should be enhanced among the government departments, regulating agencies ... Read More »

Customs destroys narcotics, contrabands items worth Rs4b on Customs Day

KARACHI: The Pakistan Customs celebrated the World Customs Day by destructing a huge quantity of narcotics, contrabands etc worth Rs 4 billion. A large number of customs officers headed by Chief Collector Enforcement South Zahid Khokhar, Collector Customs Preventive Syed Tariq Huda, Additional Collector Preventive Feroz Alam Junejo, Additional Collector Preventive Khalid Hussain Jamali, senior preventive officers, preventive officers and ... Read More »

FBR Chairman Nisar demotes two former principal appraisers

KARACHI: Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan, by using his discretionary powers, has demoted two former principal appraisers by converting major penalty of ‘dismissal from service’ into ‘reduction to lower ranks’. In a notification issued on Monday, it said that on a departmental appeal filed by Sadar Amin Farooqui, ex-principal appraiser, Customs Collectorate of Exports Karachi and ... Read More »

Customs Preventive seizes huge quantity of electronic items: ADC Khalid Jamali

KARACHI: Customs Preventive Additional Collector Headquarters Khalid Hussain Jamali has said the Pakistan Customs, in its ongoing anti-smuggling drive, seized a huge quantity of electronic and merchandised goods in the process of re-export on fake and forged documents. Talking to Customs Today exclusively, the Additional Collector said that in sequence to previous seizure of smuggled goods meant for Transshipment Permit (TP), ... Read More »

Khalid Jamali says Customs made history by seizing 21.7 metric tons of acetic anhydride

KARACHI: Customs Preventive Additional Collector Headquarters Khalid Hussain Jamali has said that the Port Control Unit of the Customs Preventive, Custom House, Karachi, has made history by seizing 21.7 metric tons of acetic anhydride from an import consignment mis-declared to contain acetic acid glacial. Talking to Customs Today exclusively, the additional collector said that the shipment had come from Tanzania, which is ... Read More »