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Author Archives: Saleem Jadon

FBR asked to release sales tax refunds

KARACHI: Traders have urged Federal Board of Revenue to pay their sales tax refunds pending for the last two years owing to unavailability of electronic link between the provincial sales tax departments and FBR. Towel Manufacturers’ Association of Pakistan (TMA) Chairman Iftikhar Ahmed Malik and Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chairman Amir Amin Kothawala, in their separate ... Read More »

FBR witnesses Rs35b revenue shortfall in July-October

ISLAMABAD: Federal Board of Revenue (FBR) has witnessed revenue shortfall of Rs35 billion in July-October period of the current fiscal year as FBR collected Rs635 billion against the target of Rs670 billion. According to sources, the revenue collection has crossed Rs635 billion during first four months of this fiscal year against Rs546 billion during the corresponding period of last year, ... Read More »

Hong Kong Customs foils smuggling bid through fishing vessel

HONG KONG: Customs has conducted an operation against sea smuggling and detected a case of smuggling by a fishing vessel in Hong Kong’s western waters. During the operation, some 320kg of pangolin scales, 442 handheld game consoles, 2119 mobile phones, a small quantity of methamphetamine, methamphetamine inhalation apparatuses and a fishing vessel with a total value of over $3.6 million ... Read More »

Brazil Customs to auction seized aircraft

BRASILIA: Brazilian tax authorities will auction a Challenger 300 and a Falcon 900 seized last June, supposedly imported by Brazilians without payment of customs duties, on November 25. The 17-month seizure-to-auction cycle is rapid for Brazil, which is working to clear Viracopos Airport of aircraft that deteriorated to scrap while the courts debated their fate. The minimum bid for the ... Read More »

Liquid foreign reserves stand at $9,497.2m

LAHORE: The total liquid foreign reserves held by the country stand at $9,497.2 million, State Bank of Pakistan (SBP) has said. The break-up of the foreign reserves position is as under: Foreign reserves held by the SBP:                                             $ 4,229.4 million Net foreign reserves held by banks (other than SBP):         $ 5,197.8 million Total liquid foreign reserves:                                                      $ 9,497.2 million Read More »

Transfers/postings of AC, DCs in MCC-Appraisement (West)

KARACHI: The Model Customs Collectorate (MCC) of Appraisement (West) through an office order No.240/2013-ESTT (A) has re-distributed the work among the Assistant/Deputy Collectors of the MCC of Appraisement (West) with immediate effect and until further orders. According to the details, Muhammad Raza (Deputy Collector) has been designated the task in R&D, AIB and Post Release Verification (PRV) Cell, FTA Cell, ... Read More »

Apex court seeks detailed report on arms import from Customs

KARACHI: A three judges’ bench of the Supreme Court, headed by Chief Justice Iftikhar Muhammad Chaudhry, has sought detailed report from Customs officials about last 3- year imports of arms through sea ports. The bench while hearing Karachi law and order case ordered the Customs officials to submit the report before the bench on Friday (today). The bench remarked that ... Read More »

Dubai Customs DG discusses enhanced co-op with RILO Middle East

DUBAI: His Excellency Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zone Corporation and Director General of Dubai Customs, received the Director of the Regional Intelligence Liaison Office (RILO) in the Middle East of Riyadh, Faisal bin Saud Al Mujaish. Butti welcomed Al Mujaish’s visit to the UAE and Dubai Customs, and they both discussed the mutual cooperation ... Read More »

FBR orders all MCCs to audit data of cargo movements at ports

ISLAMABAD: FBR has ordered all Model Customs Collectorates to audit data of inter-port cargo movements and confirm whether all unclaimed containers are available at the ports or cleared illegally against fake Goods Declarations, causing revenue loss to the national exchequer. The sources said that after the detection of illegally clearing of the containers at Port Qasim, FBR wants to determine ... Read More »

Bid to smuggle 10kg heroin foiled at Lahore airport

LAHORE: Authorities at Allama Iqbal International Airport have foiled a bid to smuggle more than 10 kilograms of high quality heroin. According to Anti Narcotics Force sources, a vehicle carrying footballs was checked at Lahore airport. The 45 boxes of footballs were packed with more than 10 kilograms of high quality heroin. The sources said that the seized heroin was ... Read More »

New customs values for facial tissue papers issued

KARACHI: Directorate General of Customs Valuation Karachi has issued new customs values, ranging between $1.72 per kg to $2.44 per kg, on the import of facial tissue papers from China, Malaysia and UAE. The Directorate General CV issued valuation ruling to check under-invoicing on the import of facial tissue paper in exercise of the powers conferred under section 25-A of ... Read More »

US Customs issues warning about scam targeting families

HOUSTON: US Customs and Border Protection agents, along with representatives of the Houston Airport System, are warning passengers about a scam that has successfully targeted several Houston-area families who have relatives outside of the US. Scammers are targeting Hispanic families by telephone, claiming to be a long-lost relative. They say they are stuck in Customs at Bush Airport and need ... Read More »

New Customs value on import of stationery items issued

KARACHI: Directorate General of Customs Valuation Karachi has issued new customs value on the import of stationery items from China, Germany, Japan, UK and USA. Directorate General of Customs Valuation Karachi has issued a valuation ruling in exercise of the powers conferred under section 25-A of the Customs Act, 1969. The valuation ruling has superseded valuation Ruling 339/2011. As per ... Read More »

20kg gold seized from plane of Bangladeshi national airline

DHAKA: Customs officials recovered 160 smuggled gold bars weighing around 20kg at the toilet of a flight of Biman Bangladesh Airlines at Hazrat Shahjalal International Airport on Tuesday night. “The gold bars kept in four bags were found at the toilet of the national flag carrier. Coming from Hong Kong, it landed in Dhaka around 10:30pm,” Zakiya Sultana, commissioner of ... Read More »

Border smuggling rises in Iranian Kurdistan

SULAIMANIYAH, Iraq: Mohammad Karimi was driving his car between two towns in the mountainous region of western Iran on an evening in early October. The vehicle was laden with satellite dishes, illegal under Iranian law, while his wife and two young children awaited his return. As he drove in that fateful night, a single bullet pierced his windscreen and struck ... Read More »

Man swallows 1kg cannabis in failed smuggling bid

IRELAND: A 40-year-old man who swallowed more than 1kg of cannabis resin in a bid to smuggle it into Ireland has been jailed for a year by a judge who said there must be a deterrent for people trying to smuggle drugs into Ireland. Unai Arresse Aguirregabica, a Spanish national, pleaded guilty at Cork Circuit Criminal Court to importing €6,600 ... Read More »

Customs seizes smuggled tyres, rims worth Rs22m in Quetta

QUETTA: Customs Collectorate’s anti-smuggling unit has seized huge quantity of smuggled tyres and rims worth Rs22 million. Sources said that an anti-smuggling unit team headed by Amanullah Tareen conducted raid in Bostan near Kuchlak area, Quetta and seized two 40-feet containers, which were loaded with smuggled tyres and rims. They said that around 1,000 tyres and 1,700 rims were recovered ... Read More »

106 capsules filled with heroin recovered from man’s abdomen at Bacha Khan Airport

PESHAWAR: A passenger has been arrested from a private airliner at Bacha Khan Airport after 106 capsules filled with heroin were recovered from his abdomen. A press release said that the ANF officials during routine checking found 106 heroin filled capsules in the abdomen of a passenger of a private airliner bound for Oman. The passenger was arrested and charged ... Read More »

Iranian Customs removes duties on saffron exports

TEHRAN: The Iranian Customs Administration has removed duties on saffron exports. Exports of saffron at any volume and amount will be free of duties, the administration said in a statement. The move is aimed at increasing the exports of Iranian saffron significantly. The secretary of the Iranian National Saffron Council, Farshid Manouchehri, said earlier that Iran’s saffron exports would increase ... Read More »

Diet pills containing human flesh seized by S Korean Customs

SEOUL: Two Chinese students have been detained on suspicion of selling diet pills containing human flesh, South Korean authorities have said. The two female students, who were studying in Jeju, South Korea, allegedly bought the 3,000 diet pills and 500 “detox” pills from a Chinese website for a total of 2,320,000 won ($2,000). They then smuggled the pills into the ... Read More »