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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Faisalabad Appraisement collects Rs344.012m in first week of August

FAISALABAD: Customs Collectorate Appraisement collected revenue of Rs 344.012 million in wake of duty and taxes during the first week of August of Fiscal Year 2018. Sources told Customs Today that under the supervision of Assistant Collector Ameer Ahmed, the Customs Appraisement collected Rs 123.864 million under the head of customs duty during the said period. Appraisement collected Rs 215.789 million ... Read More »

Multan RTO collects Rs1.97b under tax amnesty scheme

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office collected Rs.1.97 billion under the tax amnesty scheme. Sources told Customs Today, that tax amnesty scheme received decent response from people who has undeclared assets in the country and foreign. Almost 1756 individuals file tax returns under tax amnesty scheme to legalize their assets. Substantial amount of Rs.1.97 billion have ... Read More »

Multan Customs collects Rs872.96m revenue under PDL

MULTAN: The Customs Collectorate collected Rs872.96 million in the wake of petroleum development levy during the month of July of Fiscal Year 2017-18. Sources told Customs Today, that petroleum development levy is a federal duty tax and is collected by customs department on the clearance of High Speed Diesel from Oil Marketing Companies (OMCs). The Collector ate of Multan Customs ... Read More »

Quetta ASO seizes non-duty paid goods & vehicles worth Rs103m

QUETTA: Deputy Collector Anti-Smuggling Organization (ASO) Maqbool Baloch said that ASO impounded 45 non duty paid vehicles and goods worth Rs103 million during month of July. Talking with Customs Today, the deputy collector said that the ASO seized 10515 kilograms of smuggled foreign origin betel nuts worth Rs2.3 million as well as the ASO seized 10615 yards of smuggled fabric ... Read More »

Faisalabad Customs Intelligence generates Rs 3.9m through auction

FAISALABAD: The Customs Intelligence and Investigation (I&I) has earned Rs 3.9 million through auction of seized items which were seized during different anti-smuggling activities. As per details, Customs Intelligence conducted auction of 27 different lots while seven lots attracted suitable bid while the remaining 20 lots were rejected by the bidders. Customs Intelligence sold a lot comprising foreign origin cloth ... Read More »

FBR orders field formations to recover evaded ST amount of Rs1120.98m

ISLAMABAD: Federal Board of Revenue (FBR) ordered to 16 field formation including Karachi, Peshawar and Faisalabad to expedite efforts for recovery of Rs1120.98 million under the head of sales tax from 905 tax payers acting as withholding agents. Sources told Customs Today that Federal Board of Revenue received credible information that dozens of registered companies and non-registered persons are not ... Read More »

Hyderabad Customs foils bid to smuggle goods worth Rs9.2m

HYDERABAD: Customs Collectorate seized non-duty paid imported office chairs, multimedia speakers with buffer systems and other things worth Rs 9.2 million including vehicles which were being used in smuggling. Sources told Customs Today on Monday that information was received to Collector Agha Khalid that a truck loaded with non-duty paid imported office chairs, Hi-Fi multimedia speakers and other things was ... Read More »

Customs Court approves remand of suspect booked in LED TVs smuggling case

KARACHI: The Customs Court sent suspect namely Muhammad Shareef son of Abdul Salam Khan to customs department on physical remand, who is booked in a case of attempting to smuggle non-duty paid 156 Samsung Brand LED TVs and others contraband goods. On July 28, 2018, during the hearing, Appraising Officer Muhammad Zeeshan Wazir produced the above mentioned suspect before the ... Read More »

PCA detects Rs9.25m tax evasion by M/s Amir Chemical Industries Thattha

KARACHI: The Directorate of Customs Post Clearance Audit on Friday detected duties and tax evasion of Rs 9.25 million by M/s Amir Chemical Industries, Thatta, it is learnt here. Sources told Customs Today that M/s Amir Chemical Industries, Thatta imported two consignments chemicals and material (used in leather manufacturing, and commercial use) and got it cleared from the QICT Karachi  ... Read More »

Quetta I&I foils bid to smuggle betel nuts & Indian gutka worth Rs9m

QUETTA: The Directorate of Customs Intelligence and Investigation on Tuesday foiled a bid to smuggle betel nuts and Indian gutka worth Rs9 million during special checking on Tuesday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle betel nuts & Indian gutka out of Quetta. He constituted a raiding team ... Read More »

Mianwali ASO seizes smuggled Iranian diesel worth Rs5.8m

MIANWALI: The Customs Anti-Smuggling Organization seized smuggled  9000 liters of Iranian diesel worth Rs5.8 million involving duty and taxes amounting to Rs 3.2 million  besides carrier vehicle during operation in Mianwali. Sources told Customs Today that Collector Mirza Mubashir Baig received credible information regarding smuggling of Iranian origin diesel. Soon after receiving the information he formed a ASO team under ... Read More »

Gwadar Customs impounds electronics goods, hashish worth Rs10.50m

GWADAR: The Customs Collectorate seized electronics goods consignment and hashish worth Rs10.50 million including vehicle being used in smuggling. Sources told Customs Today that on Monday morning that Deputy Collector Gwadar Junaid Mehmood received secret information through a phone call that some smugglers are trying to smuggle non duty electronics items include laptop computer systems, motherboard, LED TVs, air conditioners, ... Read More »

PCA detects Rs3.57m tax evasion by M/s Rafiqana Electronics

KARACHI: The Directorate of Customs Post Clearance Audit (PCA) detected duties and tax evasion of Rs 3.57 million by M/s Rafiqana Electronics, Karachi, and sent report to adjudication on July 20, it is learnt here. Sources told Customs Today  that M/s Rafiqana Electronics, Karachi imported a consignment of electronics items including LED TV sets, DVDs computer mother boards, RAMs, chargeable speakers, ... Read More »

Customs court sends suspected betel nuts smugglers to jail on remand

KARACHI: The Customs court sent seven suspects,who were booked in a case of attempting to smuggle non-duty paid contraband betel nuts, to Central Jail Karachi on judicial remand. Court also fixed July 23, 2018 for order on bail petition of the accused persons. On July 21, investigation officer of this case produced the suspects before the court and informed that ... Read More »

Quetta Customs foils bid to smuggle Iranian diesel worth Rs5.80m

QUETTA: The Directorate of Customs Intelligence and Investigation foiled a bid to smuggle Iranian diesel worth Rs5.80 million during special checking on Thursday. Sources told Customs Today that Director I&I Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle Iranian diesel out of Quetta. He constituted a raiding team under the supervision of Inspector Saad Ali ... Read More »

Hyderabad I&I seizes non-duty paid CCTV cameras & wire rolls worth Rs8.58m

HYDERABAD: Customs Intelligence & Investigation seized non-duty paid CCTV cameras and wire roles worth Rs8.58 million including a truck, which was being used in smuggling. Sources told Customs Today on Wednesday that information was received through Director General that a truck loaded with non-duty paid CCTV cameras & its accessories was heading towards Hyderabad to its way to Karachi. The ... Read More »

Multan RTO collects Rs1.50b under Tax Amnesty Scheme

MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office collected Rs.1.50 billion under the Tax Amnesty Scheme. Tax amnesty Scheme is receiving good response from people and large number of people through nationwide including Multan and Sahiwal has declared their assets under this Scheme. The Federal Board of Revenue managed to collect Rs1.50 million taxes under the money whitening ... Read More »

Faisalabad I&I seizes non duty paid cloth, tyres worth Rs 1.7m

FAISALABAD: The Customs Intelligence and Investigation confiscated foreign origin sofa curtain cloth and old used tyres  worth Rs1.7 million involving duty and taxes amounting to Rs900000 million. Sources told Customs Today that following the instructions of Director Customs Intelligence Rubab Sikandir the Field Investigation Unit (FIU) intercepted a truck coming from Quetta and recovered curtain sofa cloth 1645 kilogram and ... Read More »

Multan Customs collects Rs14625.89m through PDL during FY 2017-18

MULTAN: The Customs Collectorate collected Rs14625.89 million in wake of Petroleum Development Levy during the entire economic year 2017-18. The Petroleum Development Levy is a federal tax and is collected by customs department on the clearance of High Speed Diesel from Collectorate. The Collectorate of Multan Customs receives 98 percent of its revenue collection through the clearance of High Speed ... Read More »

FBR registers 11.4% growth during FY2017-18

ISLAMABAD: Federal Board of Revenue (FBR) during 2017-18 recorded a provisional net revenue collection of over Rs3751 billion as against Rs3368 billion collected during previous fiscal year, excluding collection  on account of book adjustments for June, 2018. According to the details, FBR recorded an increase of around 11.37% over the revenue collected during last fiscal year. FBR also issued Rs45 ... Read More »