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Author Archives: Mubeen Hussain

Customs Preventive ASO foils bid to smuggle contraband items worth millions of rupees

KARACHI: Customs Preventive Anti-Smuggling Organization (ASO) has foils a bid to smuggle contraband items worth millions of rupees at Mochko. Talking to Custom Today, Deputy Collector Ali Raza Turabi said that a raid was conducted at the Mochko. During the raid, a car bearing no BFW-340 was intercepted and the driver was investigated. The officers of the Customs Preventive recovered ... Read More »

Customs Intelligence books M/s Rahat Ampex for alleged mis-declaration

KARACHI: The Directorate General of Customs Intelligence and Investigation Enforcement has foiled a bid to clear a consignment by M/s Rahat Ampex and saved millions of rupees duty and taxes. The source informed that M/s Rahat Ampex was clearing a consignment related to toiletries items weighting 9.50 metric tons. The consignment worth $80,000 was shown as $65,000 to save Rs ... Read More »

Customs officials bid farewell to DG Imtiaz Ahmed

KARACHI: Director General Customs Intelligence and Investigation Imtiaz Ahmed spent a busy day in Karachi on Monday. Imtiaz visited Karachi Customs House and met with the different officers in his final official tenure as Director General of Directorate General Customs Intelligence and Investigation. He also chaired a meeting in the Customs House and appreciated the performance of the officers. He ... Read More »

Collector Ashad Jawad chairs revenue review meeting

KARACHI: Collector Customs Appraisement East Ashad Jawad chaired a meeting to review the performance of the department during the first quarter of the fiscal year 2016-2017 with regards to the revenue target achievements. According to the source, the officials gave a comprehensive briefing on the collection of the revenue during the first quarter of the fiscal year 2016-2017. The source ... Read More »

DG Customs I&I Imtiaz to visit Karachi Customs House on Monday

KARACHI: Director General Customs Intelligence and Investigation Imtiaz Ahmed to visit the Custom House Karachi on Monday. According to the source, the Director General will spend his last official visit very busy at Customs House where he will meet several officers, including Director of the Intelligence and Investigation Customs Enforcement Muhammad Yaqoob Mako and Director Intelligence and Investigation Anti Smuggling ... Read More »

DG Customs Valuation disposes of petition of M/s Carewell Traders, others

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has issued Order in Revision No 243/2016 under section 25- A of the Customs Act, 1969. According to the details, the revision petition was filed by M/s Carewell Traders and others under section 25-D of the Customs Act, 1969 against customs value determined vide Valuation Ruling No.862/2016 dated 22-06-2016 issued under 25-A ... Read More »

DG Customs Valuation issues Order in Revision No 245/2016 against VR No 872/2016

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No.245 /2016 under section 25- A of the Customs Act, 1969 against Valuation Ruling No.872/2016 dated 21-06-2016. According to the details, the revision petition was filed by M/s International Trading Co & Others under section 25-D of the Customs Act, 1969 against customs value determined vide Valuation Ruling ... Read More »

DG Customs Valuation issues Order in Revision No 244/2016 against VR No 862/2016

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No.244 /2016 under section 25- A of the Customs Act, 1969 against Valuation Ruling No.862/2016 dated 22-06-2016. According to the details, the revision petition was filed by M/s Kheewa & Sons under section 25-D of the Customs Act, 1969 against customs value determined vide Valuation Ruling No.862/2016 dated ... Read More »

Customs Enforcement, ASO to hold monthly meetings to review progress

KARACHI: The Directorate General of Customs Intelligence and Investigation has asked the officers of the Customs Enforcement and Anti-Smuggling Organization (ASO) to hold meetings on monthly basis to review the overall performance. According to source, during the meetings the officers of the Customs Enforcement and Anti Smuggling Organization will compare the current month performance with the last month. The decision ... Read More »

Collector Ashad Jawwad to review progress of departments, revenue collection today

KARACHI: All additional collectors, deputy collectors and assistant collectors of the Customs Collectorate Appraisement East have started preparing a report on Monday (today) regarding the revenue collection during the first quarter of the financial year 2016-2017. According to the source, Collector Customs Collectorate of Appraisement East Ashad Jawwad has called a meeting to review the overall progress of different departments ... Read More »

No pressure on valuation of imported goods, says DG Valuation Syed Tanveer Ahmad

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has said that the process to evaluate different items has been accelerated for the past sometime. Director General Customs Valuation Syed Ahmed said that vital steps were being taken to increase the efficiency of the department and the process to valuate any item was also being simplified. Taking with the Customs Today, ... Read More »

Customs officials to brief senators on transit trade today

KARACHI: The Directorate General of Transit Trade has finalized all the arrangements to brief the Senate Standing Committee on Finance and Revenue on the overall progress of the department today. Director Transit Trade Wajid Ali held several meeting with the officer of the Directorate General of Transit Trade and finalized briefing to be given to the members of the Senate ... Read More »

DG Customs Valuation disposes of petition by M/s Marium Enterprises, M/s Noor Traders

KARACHI: Director General Customs Valuation has disposes of a petition filed by M/s Marium Enterprises and M/s Noor Traders. The revision petition was filed under section 25-D of the Customs Act, 1969 against customs value determined vide valuation ruling No.859/2016 dated 25-05-2016 issued under section 25-A of the Customs Act, 1969. The Directorate General of Customs Valuation in the order ... Read More »

Chief Collector Appraisement South Rashid Shaikh for strict scrutiny of green channel consignments

KARACHI: Chief Collector Appraisement South Abdul Rashid Shaikh directed the authorities to further boost up the scrutiny of the consignments being cleared through green channel. The chief collector took serious note of the complaints that importers and exporters were allegedly involved in dubious clearing of the consignment through green channel. Shaikh has directed the officials concerned to keep check and ... Read More »

Pakistan Customs, SBP finalise EIF module for imported consignments

KARACHI: The State Bank of Pakistan, in collaboration with the Pakistan Customs, has finalized the operation meant for clearance of the imported consignments through Electronic Import Form (EIF) Following the SBP’s notification No F.E 1/2016-SB dated 26-07-2016 and F.E Circular No 05 dated 09-08-2016, Electronic Import Form (EIF) module has been rolled out. According to the notification, the first stage ... Read More »

DG Tanveer to review performance of Customs Valuation today

KARACHI: Customs Valuation Director General Syed Tanveed Ahmed to review over all progress of the department today. Sources informed that DG Syed Tanveed Ahmed has called a meeting to review the progress of the department after the vacations of Eid-ul-Azha. The officer of the department will give detailed briefing to the DG on overall performance. Syed Tanveed Ahmed would direct ... Read More »

Directorate General of Transit Trade seeks valid documents for bonded carriers

KARACHI: Directorate General of Transit Trade has sought valid and complete documents of the bonded carriers using Pak-Afghan route for transit trade. The Directorate General of Transit Trade on the advice of the Federal Board of Revenue (FBR) has sought all the valid and complete documents of the bonded carriers that transport goods for Afghanistan. Source informed Customs Today that ... Read More »

SBP freezes bank accounts of former president Musharraf on FBR’s request

KARACHI: The State bank of Pakistan, on the request of the Federal Board of Revenue (FBR), has frozen the bank accounts of former president Pervez Musharraf and sealed his property. According to the sources, the FBR requested the SBP to freeze the bank accounts of the former president. The sources also informed that the on the request of the FBR, ... Read More »

Containers likely to stick at terminals during Eid holidays

KARACHI: The work at the Pakistan International Container Terminal (PICT), Karachi International Container Terminal (KICT) and Qasim International Container Terminal (QICT) is slowing down day by day due to the shortage of labour and transporters. Sources informed Customs Today that the shortage of labour and transporters at the three terminals is slowing down the work as most of them have ... Read More »

DG Imtiaz Ahmad for stern action against importers involved in under invoicing, mis-declaration

KARACHI: Directorate General of Custom Intelligence and Investigation has started preparing a document regarding the importers involved in under invoicing and mis-declaration. According to the source, the Director General of Customs Intelligence and Investigations (I&I) Imtiaz Ahmad has directed the officers of the Directorate General of Custom Intelligence and Investigation to step up scrutiny of the imported items even after ... Read More »