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Home / Author Archives: Abul Hassan Usmani

Author Archives: Abul Hassan Usmani

Customs values of brown Kraft liner board stay at $585/MT: Samaira Nazir Khan

KARACHI: Director General of Customs Valuation, Samaira Nazir Khan, has rejected a revision petition of three importers of unbleached brown Kraft liner board. They sought downward revision in the customs values of the goods. According to details, M/s Tabassum Khurshid and Co., M/s Khurshid Sons and M/s Graduate Timber Works approached the Directorate General Customs Valuation, pleading that the values ... Read More »

ANF recovers heroin worth millions of rupees at KICT

KARACHI: The Anti-Narcotic Force (ANF) Sindh has recovered 40 kilograms heroin of fine quality from a consignment being transported from Karachi International Containers Terminal (KICT) to Nigeria. The anti-narcotics team following a tip-off conducted an operation to foil the drug smuggling bid which was being smuggled to Nigeria from Karachi. In this successful operation, ANF conducted thorough research at KICT ... Read More »

Customs Preventive foils gold smuggling bid at Multan airport

KARACHI: The MCC Preventive staff posted at Jinnah Terminal has foiled a bid to smuggle large quantity of gold bars, mobile phones laptop and tablets etc worth Rs 7.4 million. Four persons were also arrested in this connection. According to the details,  a credible information was received that four persons would arrive from Emirates flight from Dubai at Jinnah Terminal. ... Read More »

FIA submits details of seized Axact’s bank accounts

KARACHI: The Federal Investigation Agency (FIA) has submitted details of the seized bank accounts of Axact company and its employees to the Sindh High Court (SHC). During hearing, the FIA submitted that it had written a letter to the relevant bank authorities and directed them to make sure that no transactions should be made from these accounts. According to FIA, ... Read More »

Senior Customs specialist Clayton Bryant discusses issues with Customs officials

KARACHI: Senior Customs and Border Management Specialist, World Bank’s Clayton Bryant Kerswell, is on a week long visit of different offices and formations of the Federal Board of Revenue(FBR). He held discussions on the issue of  Customs Act alignment with KRC with Chief International Customs Muhammad Zubair, Risk Management issue with Director, Risk Management, Directorate General of Risk Management Abdul ... Read More »

RTO-I  collects Rs 11303 million in July

KARACHI: The Regional Tax Office (RTO-III) Karachi has collected Rs 11303 million in the sum of direct and indirect taxes during the month of July, 2015. According to the details, income tax collected in the month of July  2015 stands at Rs 11802 million while in the sum of federal excise duty, it collected  Rs 2 million whereas for the  first ... Read More »

Customs Adjudication issues notice to Imtiaz Provision Store on tax evasion

KARACHI: Deputy Collector Adjudication-I has served a ‘Show Cause Notice’ on M/s. Imtiaz Provision Store, Karachi on a contravention report submitted by Directorate General of Customs Investigation and Intelligence, Karachi regarding the clearance of Rani Juice without paying the sales tax. The reputed provision store had cleared the contravening consignment vide GD No.KAPE-HC-109113 dated 16-01-2015. The subject goods were imported ... Read More »

ASO recovers more than Rs 15 million in July 2015

KARACHI: The Directorate General of Intelligence and Investigation’s Anti-Smuggling Organisation, Karachi Region, has recovered Rs 15,045,091 under the head of duty/tax during the month of July 2015. Sources told Customs Today that this amount was recovered following the seizure of different kinds of smuggled items in the month of July 2015. The Anti-Smuggling Organisation authorities have already geared up their ... Read More »

Redemption fine: Imtiaz Super Store deposits Rs 1.19 million

KARACHI: Following the completion of the adjudication proceedings and issuance of OnO, M/s Imtiaz Super Store deposited Rs 1.19 million to the government exchequers. According to details, foreign-origin items of different nature were earlier seized following a raid conducted by then Anti-Smuggling Organisation of the Directorate of Customs Intelligence and Investigation, Karachi Region (now the Directorate General of Intelligence and ... Read More »

Two suspects granted bail in NATO cargo pilferage scam

KARACHI: The Special Judge of the Customs Court has granted bail to two suspects allegedly involved in pilferage of NATO/ISAF containers. The suspects are DP World Manager Saad Zulfiqar and Malik Asad of Port Connection. It may be mentioned here, that the suspects have been granted bail after four months of detention keeping in view the sensitiveness of the high profile case.. Earlier, ... Read More »

Customs Appraisement East collects Rs 22.575b in July  

KARACHI: The Model Customs Collectorate MCC-Appraisement East has collected Rs 22.575 billion in the first month of the new fiscal year 2015-2016. According to details, the MCC-Appraisement East has collected duties/taxes under the head of customs duty, sales tax, withholding tax and federal excise duty. The MCC-Appraisement East collected Rs 149.19 million on July 1, 2015; Rs 585.10 million on July ... Read More »

FBR Member IT conducts seminar for withholding agents at RTO-Karachi

KARACHI: The Regional Tax Office-Karachi conducted a training seminar at its auditorium to train the withholding agents. Member Information and Technology Federal Board of Revenue (FBR) Ms. Rana Ahmed conducted the seminar. A large number of withholding agents, traders, and media persons attended the seminar. Talking to Customs Today, an agent said that these seminar pave the way for further strengthening of the professional ... Read More »

Customs Tribunal sets aside ONO, strikes down fines imposed on importers

KARACHI: The Customs Appellate Tribunal has set aside an order passed by the Customs Adjudication collector imposing fine and penalty on M/s Abdul Aziz & Brothers, importers of mobile accessories. According to details, Customs Intelligence and Investigation, Karachi Region, had intercepted a container imported by M/s Abdul Aziz & Brothers. Earlier, the consignment was cleared by the Appraisement West. The ... Read More »

Two Customs officers of BS-20 nominated for National Management Course

KARACHI: The Establishment Division has notified nomination of BS-20 officers for 103rd National Management Course (NMC) at National Management College Lahore. It may be mentioned here that Customs Today, in its recently published story, had suggested that the department should itself nominate the officers instead of asking for their consent. The BS-20 officers of Pakistan Customs Service nominated for the ... Read More »

FBR reshuffles top brass of Pakistan Customs Service

KARACHI: As anticipated, the Federal Board of Revenue (FBR) has notified large-scale transfers and postings in the Pakistan Customs Service as BPS-21 and BPS-20 officers have been reshuffled. The officers who have been made members of the board will be notified of their exact offices afterwards. According to details, BPS-21 officers include Nadir Khan Hoti, who has been made Directorate ... Read More »

RTO Zone-I created demand of Rs 1.222b, recovered Rs 31.797m in 2014-15

KARACHI: The Regional Tax Office (RTO-I) Zone-I created a demand of Rs 1,222.475 million in 185 cases and recovered Rs 31.797 million during the year 2014-15. According to details, a demand of Rs 20.706 million was created in the month of July 2014, Rs 1,794 million in August 2014, Rs 770.754 million in November 2014, Rs 344.282 million in December ... Read More »

Mis-declaration: Customs Intelligence makes seizure report against Int’l Trade Impex

KARACHI: The Directorate General of Customs Investigation and Intelligence Karachi has made a seizure report against an importer ‘International Trade Impex, Lahore for mis-declaration of PCT Heading. An Additional Director of the Customs Intelligence, upon receiving credible information that M/s International Trade Impex has indulged in mis-declaration of PCT Heading, ordered his team members including Senior Investigation Officers Najeebullah Jaffery, Rana Gulzar, ... Read More »

Revised ‘Advance Tax’ rates on motor vehicles registration, transfer of ownership notified

KARACHI: The Federal Board of Revenue (FBR) has notified revised rates of withholding tax for Section 231-B of the Income Tax Ordinance, 2001 effective from July 01, 2015. The notification stated that ‘advance tax’ on purchase, registration and transfer of motor vehicles under Section 231B shall be collected as per the following schedule: Advance Tax will be Rs 10, 000 ... Read More »

US Army cargo pilferage scam: Court to conduct bail hearing of accused on August 5

KARACHI:  At least 15 accused, who were arrested for their alleged involvement in the pilferage of the US Army cargo, could not secure bail once again as the Customs Court judge deferred the case and fixed August 5 as the new date of hearing. The persons under arrest include drivers of 11 vehicles, Umar Khan and Masood Bawani of M/s Multitrans Logistics, and ... Read More »

Collector Tariq Huda to address press conference today

KARACHI: Model Customs Collectorate Preventive Karachi, Collector Tariq Huda will hold press conference today (July 29) to inform the media about recent seizure of liquor. While the media cell of Model Customs Collectorate Preventive Karachi is going to organise the event of press conference today at the office of Drug Cell Ghas Bander East near Native Jetty Bridge at 4 ... Read More »