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Home / Author Archives: Waqar Ahmed Ansari (page 30)

Author Archives: Waqar Ahmed Ansari

PCA detects tax evasion of Rs 7m by M/s Saleem Garments & Exports

KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 7 million by M/s Saleem Garments and Export, Karachi, it is learnt. Sources told Customs Today that M/s Saleem Garments and Export imported a consignment of printing colours and chemicals, from Malaysia and got it cleared from the PICT Karachi vide GDs on October 18, 2017 ... Read More »

Gwadar Customs seizes huge quantity of hashish worth Rs5.60m on Friday

GWADAR: The Customs Collectorate Gwadar has impounded huge quantity of hashish and some luxury vehicles tyres worth more than Rs 5.60 million on Friday. Sources told Customs Today, that operation against smuggled items and non-duty-paid luxury vehicles is going on in full swing and several raids have been conducted during the previous month of December and operation against smuggled items is ... Read More »

DG Valuation to revise valuation of Ammonium Bicorbonate on February 21

KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt has decided to revise the Valuation Ruling No: 799/2016 on February 21, 2018, it is learnt. Surriya Butt has said that the department was reviewing suggestions from various importers to set new prices of Ammonium Bicorbonate. She said that some valuations, which were issued in 2016, were being reviewed from ... Read More »

Customs Export recovers Rs 8.04m from defaulter companies

KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 8.04 million from defaulter companies which were issued with notices to pay the outstanding dues and issued first show cause notice in 2018. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Suleman Traders availed undue benefits and concessions by importing ... Read More »

DG Valuation Surriya revises Valuation Ruling No 1241/2017

KARACHI: The Directorate General of Customs Valuation has revised the customs value of porcelain ware / glass ware Valuation Ruling No 1241/2017 under Section 25A of the Customs Act, 1969. According to the details, the Customs values of porcelain ware / glass ware were determined under section 25A of the Customs Act, 1969 vide Valuation Ruling No. 1088/2017 dated 17-03-2017. ... Read More »

DG Valuation issues Valuation Ruling No 1240/2017

KARACHI: The Directorate General of Customs Valuation has revised the customs value of Glass Lid  Valuation Ruling No 1240/2017 under Section 25A of the Customs Act, 1969. Customs values of Glass Lid were determined and notified vide Valuation Ruling No.1198/2017, dated 08-08-2017. A representation was received from Gujranwala Chamber of Commerce & Industry, Gujranwala for revision of the above mentioned ... Read More »

Cases of over 11 defaulter companies under observation, says Collector Tahir

KARACHI: Collector Customs Adjudication-II Tahir Qureshi has said that cases of more than 11 defaulter companies are under observation. The Customs Adjudication-II collected Rs6.28million from M/s Sufyan Ali and Sons Karachi. Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s Ayan Plastic and Export and recovered Rs6.28million from M/s Sufyan Ali ... Read More »

Customs Gwadar takes into possession Iranian tanker filled with 32,000 liter of diesel

KARACHI: The Customs Collectorate Gwadar has impounded a huge quantity of Iranian diesel worth more than Rs3.25million on Thursday. Sources told Customs Today that an operation against smuggling and smuggled items and non-duty-paid luxury vehicles is going on in full swing and several raids have been conducted during the previous month of December and during the current month of January. ... Read More »

Customs Post Clearance Karachi uncovers duty, tax evasion committed by M/s Sattar Garments

KARACHI: The Directorate of Customs Post Clearance Audit has detected duty and tax evasion of Rs5.36million by M/s Sattar Garments and Export Karachi, it is learnt here. Sources told Customs Today that M/s Sattar Garments and Export Karachi imported a consignment of printing and ruling machines including cotton folding machines, and got it cleared from the PICT Karachi vide GDs ... Read More »

Customs Export recovers Rs 7.44m from different defaulter companies

KARACHI: The Customs Export has recovered the evaded taxes and duties amounting to Rs 7.44 million from different companies which were issued with notices to pay outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Posh Carpets Karachi availed undue benefits and concessions by importing different consignments and misusing the SRO 566. ... Read More »

Appraisement East collects Rs 6,349.36m in 10 days of January

KARACHI: The Customs Collectorate of Appraisement East has collected Rs 6,349.36 million under the heads of customs duty, sales tax, income tax and federal exercise duty during the first ten days of January. Sources told Customs Today that Customs Appraisement East received Rs 4,125 million as customs duty, Rs 1,248 million under the head of sales tax, Rs 958 million as ... Read More »

Gwadar Customs impounds non-duty paid auto parts, tyres worth Rs 9.58m

KARACHI: The Customs Collectorate Gwadar has impounded different types of vehicles chassis, tyres and alloy rim, radiator worth more than Rs 9.58 million on Wednesday. Sources told Customs Today that on the directives of the Deputy Collector Gwadar Junaid Mehmood , operation against smuggled items and non-duty paid luxury vehicles is going on in full swing and several raids have ... Read More »

DG Valuation Surriya to revise VR No 764/2015 on February 13

  KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Ruling No: 764/2015 on February 13, 2018, it is learnt. According to the details, Director General Surriya Butt has said that the department was reviewing suggestions from importers to set new prices of cotton fabrics. She said that some valuations, which were issued ... Read More »

Evaded taxes retrieved from defaulter companies after serving notices to pay dues

KARACHI: The Customs Export has recovered the evaded taxes and duties amounting to Rs6.06million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that, during scrutiny of the import data, it was revealed that M/s A.A Hosiery Karachi availed undue benefits and concessions by importing different consignments through SRO 566. The company ... Read More »

Appraisment East detects tax evasion committed by M/s Shafi Enterprises

KARACHI: The Model Customs Collectorate, Appraisment East, has unearthed a tax evasion of Rs3.58million in the clearance of different types of scrape imported by M/s Shafi Enterprises. Source told Customs Today that Collector Appraisement East directed the R&D Section to verify the post-clearance consignment of the importer M/s Shafi Enterprises. During the scrutiny, it was found that the importer willfully ... Read More »

Contraband electronic & cosmetic articles seized by Customs Intelligence Quetta

KARACHI: The Directorate of Customs Intelligence and Investigation Quetta confiscated non-duty-paid electronic items including computer monitors, cables, LED TVs, non-duty-paid split air-conditioners, perfumes and cosmetics worth Rs6.50million on Tuesday. Sources told Customs Today that Director Customs Intelligence and Investigation Irfan Javed received a tip-off that some smugglers are trying to smuggle electronic goods from Quetta into different cities. He immediately ... Read More »

Adjudication-II recovers Rs 3.64m from M/s Bela G & Company

KARACHI: Collector Customs Adjudication-II Tahir Qureshi has said that cases of more than 13 defaulters companies are under observation. Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s Shahmeer Handicrafts and recovered Rs 3.64 million from M/s Bela G & Company Karachi. M/s Shameer Handicrafts was involved in the tax evasion. The ... Read More »

Customs PCA detects Rs 7.85m by M/s Jaffar Salman Chemicals

KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 7.58 million by M/s Jaffar Salman Chemicals, Karachi, it is learnt here. Sources told Customs Today that M/s Jaffar Salman Chemicals imported a consignment of various type of chemicals, including paints and dying chemicals, and got it cleared from the PICT Karachi vide GDs on November ... Read More »

Customs Export recovers Rs 6.1m from M/s Yousuf Traders

KARACHI: The Customs Exports has recovered evaded taxes and duties amounting to Rs 6.01 million from defaulter companies which were issued with notices to pay the outstanding dues. Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Yousuf Traders Karachi availed undue benefits and concessions by importing different consignments and misusing the SRO 467. The ... Read More »

DG Valuation Surriya to revise VR No 792/2016 on February 20

KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt has decided to revise the Valuation Ruling No: 792/2016 on February 20, 2018, it is learnt. According to the details, Surriya Butt has said that the department was reviewing suggestions from various importers to set new prices of food supplements, (drinking Powder Milo, Bourn vita, Oval tine, Complan and extra). ... Read More »