Thursday , March 4 2021
Breaking News
Home / Author Archives: M Hayat (page 4)

Author Archives: M Hayat

Customs AIIA foils bid to smuggle expensive shawls

LAHORE: Customs team deputed at Allama Iqbal International Airport (AIIA) foiled a bid to smuggle expensive shawls by a woman, sources reported. According to details, the customs officials recovered 240 expensive shawls from the baggage of a woman during the checking process. Deputy Collector of Customs Saqib Warraich said that a woman who travelled from a private airline flight from ... Read More »

Rs10m non duty paid bitumen rolls stolen from customs-sealed godown at Mominpura

LAHORE: A Rs 10 million non-customs paid Iranian originated 2151 bitumen rolls have been stolen from a customs-sealed godown located at Mominpura Road, Slamat Pura, Daroghe Wala, an FIR lodged by Collectorate of Customs Enforcement and Compliance Investigation and Prosecution Cell, indicated. The FIR registered on 14/11/2020, said that during a routine check-up of the customs authorities, the godown which ... Read More »

FBR & PRA pushing manufacturers to submit toll manufacturing sales tax, workers welfare fund

LAHORE: The Friends of Business and Economic Reforms (FEBR) President Kashif Anwar has said that the FBR and the PRA simultaneously have been pushing the manufacturers to submit ‘toll manufacturing sales tax’ and ‘workers welfare fund’. He said this in a meeting here the other day. He said that the dispute had arisen out of different interpretations of toll manufacturing ... Read More »

Customs I&I Lahore Gujranwala impounds Rs2210.971m goods & vehicles

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) has impounded over Rs2210.971 million goods and vehicles from July to November 2020-21, The sources said that the anti-smuggling performance of the Directorate during the current Financial Year surpasses all previous achievements by framing 107 seizures involving an amount of Rs2210.971 million. It was mentioned that the Directorate rendered unremitting and strenuous ... Read More »

Faisalabad Customs seizes huge quantity of smartphones from airport

FAISALABAD: Collectorate of Customs team deputed at Faisalabad International Airport have recovered millions of rupees illegally imported smart phones from passengers coming from Dubai at the Faisalabad international Airport. Sources said that on suspicion the customs team searched two passengers who later identified a Umair Baber and Naeem Baber and recovered the latest mobiles worth millions of rupees and accessories. ... Read More »

FBR confiscates 300 cartons of non-duty paid cigarettes

FAISALABAD: The Federal Board of Revenue (FBR) has confiscated around 300 cartons of non-duty paid cigarettes in Faisalabad region. According to officials, the Directorate of Intelligence & Investigation Inland Revenue has seized 300 cartons (3,000,000 sticks) of non-duty paid cigarettes of different brands from multiple locations/stock-houses of traders in Faisalabad. In the first raid, tobacco squad of I&I Inland Revenue, ... Read More »

Faisalabad ASO impounds smuggled Iranian dry skimmed milk near Kamalpur

FAISALABAD: Collectorate of Customs Anti-Smuggling Organization (ASO) recovered a huge quantity of Iranian dry skimmed milk which was being smuggled from Quetta to Lahore, sources said. The sources said that the total value of the milk is over Rs5 million while the ASO has also detained the truck which was being used to transport the milk. The sources said that ... Read More »

Customs ASO seizes Rs2089.44m smuggled goods, vehicles from July to November

LAHORE: Collectorate of Customs Enforcement and Compliance Anti-Smuggling Organization (ASO) has seized huge quantity of smuggled / non-duty paid goods and vehicles during July,2020 to November, 2020 worth Rs2089.44 million. Sources told that Anti-Smuggling Organization of Customs Collectorate Enforcement & Compliance on the directions of Basit Maqsood Abbasi, Collector of Customs headed by Muteen Alam, Additional Collector, Ali Tauqir, Assistant ... Read More »

Pakistan Customs clears 603 Sikh Yatrees at Wagha Border

LAHORE: Pakistan Customs has cleared over 603 Sikh Yatrees at Wagha Border here Friday. Sources told Customs Today that Customs Wagha Superintendent Miss Hira Khan, Principal Appraiser Shahid Joiya and Muhammad Shabir and others completed the clearance process of the Sikh Yatrees. Sikh Yatrees have arrived in Pakistan from India through the Wagha Border to attend the 551st birth anniversary ... Read More »

Importers urges govt to stop smuggling at borders

LAHORE: The business community announced to hold protest demonstrations against customs anti-smuggling organization from September 1. The traders announced that the government should put checks on the smuggling activities at the borders instead of raiding in markets. The traders held a meeting against the ASO under the chairmanship of Khawaja Amir Nazir in the Shah Alam Market along with other ... Read More »

Govt exempts QABP from duty, taxes on import of industrial machinery

LAHORE: The federal government has granted a concession of tax holiday and exemption of duties and taxes on import of industrial machinery in Quaid-e-Azam Business Park (QABP). Meanwhile the electricity supply is up to 2.2 megawatt is available for those who immediately are interested to set up their industrial units. Furthermore, the gas pipeline infrastructure is almost ready. This was ... Read More »

LCCI forms committee on parking plazas & encroachments

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) tasked its executive committee member Khadim Hussain with construction of new parking plazas in city’ s centers where space is available on public and private basis. The two time EC member is basically belong to marble business but has strong command over trading class issues. Mian Tariq Misbah the president, LCCI took ... Read More »

Collector AIIA Azmat Tahira distributes work among deputy, assistant collectors

LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Azmat Tahira has issued office order for distribution of work among following officers with immediate effect and until further orders:- Usman Tariq, Deputy Collector assigned work at H.Q, MIS-I, Group-III ICG assessment, ICG examination, law, I&P, ACCU Saqib-ur-Rehman, Deputy Collector, assigned work at airport (traffic), accompanied baggage, state warehouse, export, adjudication, ... Read More »

FBR urged to ensure corrections pertaining to charging of minimum tax liability by system

LAHORE: In letter written to FBR chairman the Pakistan Tax Bar Association (PTBA) has received many complaints / requests from the affiliated tax bars of the country that the income tax return for tax year 2020 needs some corrections pertaining to charging of minimum tax liability by the system because the system / IRIS e-portal is calculating/ charging minimum tax ... Read More »

Afghanistan, Iran Customs collaborate with Pakistan to set up border markets

LAHORE: Customs authorities of both Afghanistan and Iran have started cooperating with Pakistan in order to establish customs border markets at border areas of these two neighboring countries. The policy will be drawn out with the help of Afghan authorities and Iranian customs for establishing border markets in these areas. Regarding this, the FBR is also interacting with the customs ... Read More »

Govt likely to dissolve all customs, tax tribunals

LAHORE: The government is all set to dissolve Customs and tax tribunal and establish a larger tax court under the headship of retired judges of the supreme court of Pakistan and high courts, a source said. As per details, it has been decided that all the tax tribunals including customs and tax insurance, environmental and other will be dissolved and ... Read More »

FBR yet to establish extravagance, tax evasion in ‘extravagant’ Lahore wedding

LAHORE: Federal Board of Revenue report furnished on the allegedly extravagant wedding ceremony of Gujranwala industrialist’s daughter failed to establish the ceremony was indeed extravagant. According to the sources, FBR investigation team delegated to ascertain any anomalies in the ceremony submitted its report to the head office today without proof of tax evasion, extravagance or anomalies in transactions. Moreover, the ... Read More »

FBR asked to fix final date of filing of tax return once shortcomings in tax return corrected

LAHORE: The Federal Board of Revenue (FBR) should fix final date of filing of tax return once tax return is corrected completely. The mistakes in the tax return can be corrected with the due consultation with the tax bars. He said the tax return is yet to be corrected despite the fact that several months have been passed since January ... Read More »

Multan ASO seizes smuggled items worth Rs190m near Sakhi Sarwar

MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) seized smuggled items valuing around Rs 190 million including vehicles under customs act 1969. Sources told Customs Today that Collector Muneeza Majeed received credible information about some smuggling attempts on 17.11.2020. She directed anti-smuggling squads to enhance vigilance on the suspected routes to thwart any attempt of smuggling. The anti-smuggling squad intercepted four ... Read More »

Customs I&I seizes smuggled goods worth Rs40m

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) has seized smuggled goods worth Rs40 million near Pattoki. Sources told Customs Today that Director Customs I&I Asad Raza has directed his team to keep strict vigilance on the movements and distribution of smuggled goods in the jurisdiction. The Customs I&I undertook a crackdown against smuggled goods belonging to notorious smugglers Niaz ... Read More »