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Author Archives: Nadir Khan

Peshawar Customs collects Rs2287m during the month of October

PESHAWAR: Model Custom Collectorate collected Rs2287 million in head of various duty collections in the month of October 2017 against assigned target of Rs1853.28 million of October 2016 having difference of Rs433.93 million with percentage of 23.41 percent. According to reliable sources of Custom House in head of custom duty collected Rs979.15 million against Rs752.68 million of the previous year ... Read More »

Customs ASO foils bid to smuggle non duty paid goods from Peshawar

PESHAWAR: Custom Anti Smuggling Organization thwarted attempt of smuggling by recovering six non custom paid vehicles, tyres and auto parts and other materials from their possession. Following the directives of Collector Gul Rahman, the anti smuggling organization in a crackdown in Peshawar recovered NDP Toyota car, 156 tyres, Sonic CV joint coda for LTV, Brake Pad for LTV, Ball joint ... Read More »

Import-export clearing activities restart at Torkham Customs Center

KHYBER AGENCY: After a successful dialog between the Clearing Agents Association and the custom officials, the import-export goods clearing activities resumed at Torkham Custom Center on Thursday. The said activity remained suspended for 24 hours, Torkham clearing agents said. It is to be mentioned here that the clearing process halted on Wednesday morning when the custom officials introduced nine new ... Read More »

Import, export clearing process suspended due to new stipulations on Torkham Border

KHYBER AGENCY: The clearing process of the import and export commodities was suspended due to introduction of new conditions for clearing goods at the Custom Center Torkham. On Wednesday morning, the custom officials at Torkham Center set nine fresh conditions for export at Torkham border. The clearing agents have to produce (1) authorization latter(2) Proof of payment, (3)Trade agreement between ... Read More »

Customs ASO foils bid to smuggle 10 lakh Saudi Riyals, narcotics on Friday

PESHAWAR: Custom department Anti Smuggling Organization (ASO) in two separate crackdowns seized 10 lakh Saudi Riyal on Afghan border while huge catches of narcotics recovered by the anti smuggling wing of custom near Kohat Tunnel. Sources told Customs Today, in the first crackdown a truck bearing registration number BL-76777 was on way to Afghanistan when it was flag down for ... Read More »

Six NDP vehicles, items impounded by ASU on actionable tip-off given by Gul Rahman

PESHAWAR: The Anti-Smuggling Unit of the Model Customs Collectorate Peshawar, following an actionable tip-off given by Collector Customs Gul Rahman, took into possession six NDP vehicles and non-customs-paid goods on Monday. The value of the impounded goods and vehicles is Rs3.5million in the international market. Collector Customs Gul Rahman gave special directives to all the Customs Departments including Customs Anti-Smuggling ... Read More »

KPCCI chief bombasts provincial govt for allocation of no industrial uplift funds

PESHAWAR: KP Chamber of Commerce and Industry President Zahid Shinwari criticised the provincial government for making no allocation for the development of industries in the province. He said no funds had been allocated in the past budgets as well to improve the infrastructure in order to attract investment. Shinwari said delay in the execution of projects was mainly because of ... Read More »

NAB starts probe against customs officials involved in clearance of perishable consignments

PESHAWAR: NAB Khyber Pakhtunkhwa has launched inquiry against the officers of customs department and others regarding corruption and corrupt practices in clearance of consignments of perishable items to Afghanistan through Torkham border. During inquiry, it was observed that Ministry of Commerce issued S.R.O No. 805(1)/2015, dated 17.08.2015 through which the condition of Letter of Credit (LC) only as required in ... Read More »

Smuggling of 15 kg hashish from Afghanistan into Pakistan arrested

KHYBER AGENCY: The Customs and Khasadar Force foiled an attempt of narcotics smuggling from Afghanistan into Pakistan via Torkham border by recovering 15 kg hashish from two drug smugglers at Pak-Afghan sharing border of Torkham on Wednesday. Political Naib Tehsildar Shams-ur-Rehman told CT that Khasadar troops, performing their routine duties, checked two Peshawar-bound Afghan national passengers. During a thorough search, ... Read More »

MCC Peshawar generates Rs5174.02m in first quarter by excelling its yesteryear’s collection

PESHAWAR: The Modal Customs Collectorate Peshawar collected Rs5174.02million in first three months of the new financial year by surpassing its target against the previous showing difference of 24 percent. The statistics say that, under the head of custom duty, the customs house generated Rs1923million in the last three months against Rs1593.92million of the previous year, having a difference of Rs329.40million ... Read More »

Smuggling attempt of 10-kg hashish from Landi Kotal into Peshawar aborted

PESHAWAR: An attempt of smuggling of narcotics from Landi Kotal into Peshawar was foiled by Khasadar while recovering 10 kg of hashish from a motor car at Charwazgai checkpoint on Wednesday. Political Tehsildar, Landi Kotal, Tehseenullah said the Khasadar troops stopped a Peshawar-bound vehicle with registration No: SG-985 for checking. During a search, 10 kg of fine quality hashish was ... Read More »

ASO foils attempt to smuggle non duty paid mobiles, foreign currency from Bacha Khan Airport

PESHAWAR: Custom anti smuggling squad thwarted a major attempt of mobile smuggling in Hayatabad Phase III and seized mobile phones worth Rs17 million on Wednesday while foreign currency was also recovered at Bacha Khan airport. Sources told Customs Today that on tip off received to Deputy Collector Anti Smuggling Orgaization (ASO) Abdul Shakoor regarding smuggling of mobile phones from Afghanistan ... Read More »

Pak-Afghan border to be closed during Muharram

PESHAWAR: The authorities have decided to keep the Pak-Afghan border at Kharlachi point in Kurram Agency closed during Muharram-ul-Haram to avoid any untoward incident, officials said. Political Muharrar Zahid Younis told Customs Today that the local administration also imposed a ban on the pillion riding. Besides, curfew would be clamped on the Tall-Parachinar road on 9th and 10th Muharram. Stringent ... Read More »

Peshawar Customs seizes NDP goods worth Rs18m during different crackdowns

PESHAWAR: The Custom squad in separate crackdown have seized non custom paid goods worth of Rs18 million and shifted the recovered items along with vehicles to respective custom stations. In first crackdown Custom Shergarh station recovered 55 Hyundai generators, wielding Rods 203 cartons, shampoo 21 cartons, Hino truck of total value Rs4.9 million. The total value of goods was Rs4.9 ... Read More »

Recurrent closure of border causes KP exporters big losses despite having export potential

PESHAWAR: Though the Khyber Pakhtunkhwa has enough potential to export to Afghanistan yet frequent suspension of border causes exporters major losses whenever their containers are stranded on the border. According to an official report of the KP Planning Department, manufacturing in the province is quite diverse. The province produces cigarettes, cement, ceramics, sanitary wares and tiles, cotton textiles, blankets and ... Read More »

So far so quiet for price offer of Jalozai Economic Zone’s plots

PESHAWAR: Though the launch of the Jalozai Special Economic Zone is just around the corner, the company, tasked with developing industrial estate, has neither announced the `offer price` of plots it plans to sell to investors nor has it finalized the master plan for the estate. The Khyber Pakhtunkhwa Economic Zones Development and Management Company (EZDMC) had published advertisements in ... Read More »

Pak revenue declines as exports to Afghanistan fall due to mistrust and downsizing of NATO forces

PESHAWAR: The revenue generation is constantly on the decline as Pakistani exports to Afghanistan fell by a significant 27 percent over the past one year, thanks to growing mistrust between the two countries as well as downsizing of NATO presence in the war-ravaged nation. The worsening law and order in Afghanistan over the past months was another factor that contributed ... Read More »

Country’s budget deficit recorded at Rs1.86tr after missing tax collection target

PESHAWAR: After missing the tax collection target, the country’s budget deficit had been recorded at Rs1.86trillion during the last financial year by a wide margin. The government had also missed the non-tax revenue collection target during Fiscal Year 2016-17 mainly due to the non-reimbursement of the Coalition Support Fund (CSF) from the United States. Sources at the RTO Peshawar told ... Read More »

Cement prices lower by Rs10-20 per bag in northern areas due to lesser export

PESHAWAR: Due to low export to Afghanistan and Central Asian republics, the cement prices have declined by Rs10-20 per 50-kg bag to an average of Rs550 from the level of Rs560-570 in northern parts of the country because of multiple reasons. However, prices in southern region remain intact at an average of Rs580 per bag. The market sources told Customs ... Read More »

FBR denies report about faults in online system

PESHAWAR: Federal Board of Revenue has denied a news report appearing in a section of the press claiming that FBR’s online system underestimates tax liabilities. FBR categorically denies such news as manual calculation made by the assessing officer in the body of manually typed order was not in accordance with the charging provision of Income Tax Ordinance, 2001. The element ... Read More »