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Author Archives: M Hayat

24/7 opening of business must to boom economy: LCCI

LAHORE: The Lahore Chamber of Commerce & Industry has welcomed the Punjab government’s decision to allow all industries, factories and businesses related to the construction sector to operate 24 hours, 7 days a week with the Standard Operating Procedures.  The LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar and Vice President Mian Zahid Jawaid Ahmad said that ... Read More »

Customs Collectorates, Directorates told to upload Auction Schedule on FBR website

LAHORE: Federal Board of Revenue FBR has ordered all Customs Collectorates and Directorates of Intelligence and Investigation (I&I) to upload auction schedule on the FBR website. A letter issued by the Federal Board of Revenue to all chief collectors stated that while uploading of auction schedule on FBR website following guidelines must be adhered to. The letter requesting uploading of ... Read More »

Customs AIIA transfers four inspectors to different locations

LAHORE: Collectoarte of Customs Allama Iqbal International Airport (AIIA) deputy collector Tuesday ordered transfers and postings of four inspectors at the Air Freight Unit with immediate effect. As per details Inspector Nasir Mehmood has been transferred from Air Freight Unit (HQ) to General Post Office (GPO), Inspector Talat Mehmood is transferred from ICG Gate Royal & PIA to GPO, Inspector ... Read More »

Customs, IR Directorates, LTUs asked to maintain lists of civil servants

LAHORE: Customs Collectorate, Directorate Generals of Inland Revenue/ Customs, LTUs have been asked to maintain lists of civil servants who have completed requisite length of service. As per details,  in terms of Rule 6 of the subject rules, each RTOs / LTUs Customs Collectorates/ Directorate Generals of Inland Revenue/ Customs shall maintain a list of civil servants who have completed ... Read More »

FTO orders FBR to allow 12000 filers to file returns under Assets Declaration Amnesty Scheme 2019

LAHORE: Federal Tax Ombudsman (FTO) has instructed Federal Board of Revenue to allow 12000 filers to file their returns under Assets Declaration Amnesty Scheme 2019. The 12000 filers could not file their returns due to the failure of FBR system in July 2019. Pakistan Tax Bar Association (PTBA) has commended Federal Tax Ombudsman for the ‘landmark’ verdict whereby Federal Board ... Read More »

Pakistan Customs impounds nine vehicles imported by foreign diplomats

LAHORE: Pakistan Customs impounded nine very expensive vehicles that were imported by foreign diplomats — including an ambassador — but were in the use of private persons during the last three weeks, sources stated. Mercedes Benz, Lexus LX570, BMW X7 series, Land Cruiser ZX, Nissan X Trail, Toyota Crown and others were imported duty-free by availing diplomatic exemptions and handed ... Read More »

Pakistani exports unable to compete with China, Bangladesh & India: Mian Anjum Nisar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has said that Pakistani exports cannot compete with China, Bangladesh and India where power tariffs were 7-9 cents, particularly in the post-corona economic slowdown as the country’s exports have been witnessing a major setback in present days due to high cost of electricity, which has become ... Read More »

Pakistan exports unable compete with China, Bangladesh & India: Mian Anjum Nisar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has said that Pakistani exports cannot compete with China, Bangladesh and India where power tariffs were 7-9 cents, particularly in the post-corona economic slowdown as the country’s exports have been witnessing a major setback in present days due to high cost of electricity, which has become ... Read More »

Customs AIIA official posted on night security duty

LAHORE: Allama Iqbal International Airport Customs has ordered postings of inspectors and spoyes for night security duty of Cargo Complex Building. As per details, Deputy Collector Customs Asma Bashir ordered night duty for inspector Rauf Ahmad Khan, spoyes Muhammad Hayat and Muhammad Ashraf presently posted at export, temporary import Airport traffic. Inspector Raza Ali Sial, spoyes Abdul Waheed and Munir Ahmad ... Read More »

Govt asked to reduce customs duty, income tax on local gas

LAHORE: The government should bring down income tax on local gas from 4pc to 2pc; reduce general sales tax from 17pc to 10pc; decrease customs duty on CNG kits & cylinders, and abolish 5pc duty on RLNG import. The All Pakistan Compressed Natural Gas Association (APCNGA) has urged the government to rescue the CNG sector, which is currently faced with ... Read More »

Collector AIIA Azmat Tahira distributes work among two ADCs

LAHORE: Allama Iqbal International Airport Collector of Customs Azmat Tahira has distributed work among additional collectors. As per details, Additional Collector Muhammad Nayyar Shafiq will look after all matter including headquarters, import assessment group II & III, law, recovery, bank guarantee. refund and rebate, FTO, I&P, baggage and traffic. On the other, Additional Collector Muhammad Raza will export and import ... Read More »

Customs ASO recovers huge quantity of illegally imported goods & vehicles

LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) has recovered millions of rupees illegally imported tyres, cigarettes, dry milk, welding rods, betel nuts, cloths, China salt, ceramics tiles, sisha flavor, cars, and Land Cruisers in different raids in the city. Sources told Customs Today that on the directions of Collector Customs Preventive Basit Maqsood Abbasi, the ASO team initiated crackdowns ... Read More »

Collector AIIA Azmat Tahira distributes work among deputy collectors

LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Collector Azmat Tahir has distributed assignments among deputy collectors at the Collectorate as one of the assistant collector is on leave. As per details, deputy collector Asma Bashir has been assigned duties relating to ICG assessment PMDU, deputy collector Zainab Mehmood given Bank Guarantee Refund and rebate ACCU while deputy collector ... Read More »

Customs E&C reshuffles 27 superintendents, inspectors & appraisers

LAHORE: Collectorate of Customs Enforcement and Compliance Lahore has undertaken large scale reshuffling of superintendents, appraisers and inspectors. As per details, over 27 officials have been displaced. The officials who were reshuffled included Mehmood Saeed, Faizur Rehman, Zafarullah Khan Niazi, Serfraz Ahmad, Naveed Iqbal Cheema, Ashfaq Hamdani, Shozeb Raza, Ghazanfar Abass Khan, Masood Kamal Siddiqui, Shahid Khan, Asghar Purewal, Asad ... Read More »

Customs E&C transfers 10 inspectors from Lahore to Multan

LAHORE: Customs Collectorate of Enforcement and Compliance Lahore has transferred 10 inspectors from Lahore Collectorate to Multan. As per the details the inspectors have been asked to report to their collectorate in Multan immediately. The inspectors who were transferred and posted included Maqsood Ahmad, Muhammad Abdullah, Ghulam Abbas, Muhammad Ashraf, Azhar Abbas, Maqbool Ahmad, Bashir Hussain Shah, Syed Mujtuba Hassan ... Read More »

Customs Lahore & Faisalabad officials posted at Kartarpur Corridor transferred

LAHORE: Customs Lahore and Faisalabad officials who were transferred to meet the manpower shortfall at Kartarpur Corridor have been allowed transferred to their parent collectorate after a long time since 2019. It was directed that  to the subject noted above and to say that various officers/ officials (BS-16 and below) of MCC (A & FV (E & C), Lahore and ... Read More »

Customs Wagha clears first consignment of commercial goods from Afghanistan

LAHORE: Pakistan Customs team deputed at Wagha border on Friday cleared first consignment of commercial goods from Afghanistan that reached Wagah border, under the Afghan-India Transit Trade Agreement, to be sent to India on Saturday.  Three trucks of dried fruits and two trucks of Rattan jute, Malthi and other spices reached the Wagah border. The trucks were cleared by the ... Read More »

Govt asked to reduce RD, taxes on impor

LAHORE: Pakistan FMCG Importers Association (PFIA) has urged the government to remove the condition of CNIC, reduce sales tax rates and slashing down regulatory duties on imported items to help boost the economic and trade activities in the country. PFIA Chairman Anjum Nisar and Vice-Chairman Muhammad Ejaz Tanveer talking to reporters here said that whatever package government had given today ... Read More »

FBR Lahore holds first “e-khuli kutcheri”

LAHORE: In the wake of instructions from Federal Board of Revenue (FBR) to restore confidence of the public in tax administration, RTO-II, Lahore held its first e-khuli kutchri on 9-7-2020. The participants were members of the Lahore Chamber of Commerce & Industry (LCCI). The kutcheri was chaired by the Chief Commissioner Ahmad Shuja Khan who dilated upon the spirit behind ... Read More »

Pakistan Customs clears 84 Pakistani national stranded in India

LAHORE: Pakistan Customs has cleared 84 Pakistani national stranded in India at Wagha Border while 114 Indian national departure to their country, sources said. Assistant Collector Isfandyar Khan, Superintendent Shahid Joiya, inspector Sohail Murtza, PA Muhammad Shabbir and others facilitated the passengers of both the sides. Earlier Customs Attari-Wagah borders have made clearance of over 250 Indians stranded in Pakistan ... Read More »