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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

BBIA stays surplus with additional income of Rs3.1m during May

ISLAMABAD: Customs staff of the Benazir Bhutto International (BBI) Airport surpassed its assigned target with an additional collection of Rs3.1million during May of Financial Year 2016-17. According to Sadia Usman, Assistant Collector, that the BBI Airport Islamabad generated Rs28.10million revenue through accompanied baggage under the head of duty taxes during May FY2016-17. She added that the BBIA was allocated with ... Read More »

FBR collects Rs 10b WHT from sellers of immovable property during 11 months of FY 2016-17

ISLAMABAD: The Federal Board of Revenue (FBR) has collected over Rs 10 billion through 38,034 transactions under section 236K of withholding tax from sellers of immovable property in 11 months of the current financial year till May 31. Sources told Customs Today that during the last financial year, the FBR collected Rs 5.38 billion in 44,288 transactions in the same ... Read More »

Sialkot Excise seals 300 properties, impounds 211 vehicles due to tax default

SIALKOT: The special recovery teams of the Excise and Taxation Department have sealed as many as 300 properties besides , impounding 211 luxury and other vehicles for the prolonged non-payment of their taxes in Gujranwala Division’s  all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts, during the ongoing crack down against the tax defaulters  as well. ... Read More »

Multan customs issues ONO for seizure of 14 kg of gold & foreign currency

MULTAN: Collector Customs Adjudication issued an Order-in-Original for confiscation of 14 kilogram gold and foreign currency worth Rs64.6million. A Multan customs authority had seized the said gold and foreign currency at the Multan International Airport. It is important to mention here that the customs staff intercepted two female passengers named Haleema Riaz and Sumaira Asif who were wearing gold bangles ... Read More »

Multan Customs Intelligence seizes smuggled tyres worth Rs8m in raid

MULTAN: Customs Intelligence and Investigation Multan Range Office has seized huge quantity of foreign origin tyres of Rs8 million during raid. According to the details, Directorate of Customs Intelligence and Investigation Multan received credible information from their informer regarding smuggled tyres  lying in the warehouse. Deputy Director Customs Intelligence and Investigation Multan Range Abdul Mueed Kanjoo formed special team for ... Read More »

Hyderabad customs receives Rs1689.917m duties & taxes against target of Rs1930.98m

HYDERABAD: Model Customs Collectorate generated Rs1689.917million customs duties and taxes during the last week of May 2017 against the set target of Rs1930.98million. Model Customs Collectorate Hyderabad earned Customs Duty (CD), Sales Tax (ST), Federal Excise Duty (FED) and Income Tax (IT) during the above said period. Collectorate received Rs415.281 Customs Duty (CD) against the allocated target of Rs370.78million. Collectorate ... Read More »

Gwadar Customs foils bid to smuggle huge quantity of Iranian diesel

KARACHI: Customs Collectorate Gwadar team has foiled an attempt to smuggle huge quantity of Iranian diesel and arrested the accused. Sources told Customs Today that Collector Gwadar Feroz Alam Junejo received credible information about smuggling of Iranian diesel. He immediately constituted a customs team under the supervision of Assistant Collector Kaleem Ullah. The customs team comprising Inspector Ghayor Safdar, Mumtaz ... Read More »

Peshawar ASO seizes goods, vehicles worth Rs 2,172m from July 1 to May 25 in fiscal year 2016-17

PESHAWAR: Anti-Smuggling Organization (ASO) Peshawar impounded various kinds of smuggled goods, Non-Duty-Paid (NDP) and offending vehicles (vehicles used for carrying smuggled goods) worth Rs2172.448million from 1st July to 25th of May of Financial Year FY2016-17. According to ASO Peshawar, performance of the ASO squad has been good during the current financial year. During above said period, the ASO Peshawar impounded ... Read More »

Hyderabad ASO seizes 63 kg opium on tip-off

HYDERABAD: Model Customs Collectorate, Anti-Smuggling Organization, Hyderabad Customs Preventive Larkana-Khairpur, confiscated 63 kilogram of opium. Following a tip-off, Customs staff of ASO squad (Larkana), MCC Hyderabad, on 24th of May 2017, foiled an attempt of smuggling of 63 kg opium valued around Rs130million in the international market by intercepting a trailer and arrested the driver of vehicle. Collector Hyderabad Akhlaq ... Read More »

Torkham customs receives Rs203.73m all duty & taxes in 15 days

TORKHAM: International border customs station Torkham earned Rs203.73million of all duty and taxes during the 1st to 15th of May’s Financial Year FY2016-17. During the current month of May FY16-17, the performance showed better than last month April FY16-17. During the last month, business activity at Torkham was almost nil due to closure of Torkham international border. During the initial ... Read More »

Multan Customs collects Rs3162.038m during first 20 days of May

MULTAN: The Customs Collectorate has collected Rs3162.038 millions revenue during the first twenty days of May during the on-going fiscal year 2016-17. Sources told Customs Today that the Collectorate of Multan Customs collected Rs772.203 million under the head of customs duty from 1st May to 20th May. On the other side, Federal Board of Revenue has allotted customs duty revenue ... Read More »

Customs Central Region collects Rs 7,796m duty, taxes till May 15

LAHORE: The Customs Central Region has collected Rs 7,796 million all duty and taxes during the first 15 days of May 2017. As per details, the Customs Appraisement Lahore collected Rs 3,335 million during the period under review while the Customs Lahore Preventive collected Rs 1,566 million in 15 days. On the other hand, the Collectorate of Multan collected Rs ... Read More »

Customs Exports gets Rs636.52m income, clears export consignments of 1233 GDs in 15 days

ISLAMABAD: The Customs Exports Section of the AFU Islamabad earned Rs 636.52 million during 15 days (1st May to 15th May) of Financial Year 2016-17 while it cleared export consignments of 1233 Goods Declarations (GDs). According to Deputy Collector Tahir Khattak that mango season will start at end of May FY2016-17 whereas exports of leather, surgical goods and meat are ... Read More »

Hyderabad ASO impounds contraband goods valued Rs28m during April

HYDERABAD: The model customs collectorate Hyderabad’s anti-smuggling organization (ASO) impounded smuggled goods including non-duty-paid vehicles, cloths, tea, tyres and tubes, auto-parts, diesel, motor engine oil and other contraband cigarettes and electronic goods worth Rs28million from Hyderabad, Sukkur and Larkana-Jacobabad in April 2017. Following the instruction of Hyderabad Customs Collector Akhlaq Ahmad Khattaq under the supervision of Additional Collector Rehmatulllah Vistro, ... Read More »

Transporters strike halts cargo handling at Karachi ports, causing Rs 4b loss in 6 days

KARACHI: Sea ports of the mega city have been facing shortage of space as hundreds of containers are laying idle due to  strike of the goods transporter companies for the last six days. According to the details, Karachi Port Trust (KPT) and Port Muhammad Bin Qasim (PQA) are facing shortage of space due to the strike. The goods transporters are ... Read More »

Islamabad dry port earns Rs05m more CD in 2016-17 than 2015-16’s

ISLAMABAD: The customs dry port Islamabad collected Rs160million customs duty during 14 days (1st to 14th May) of Financial Year FY2016-17 while it did Rs155million CD during the same period of corresponding Financial Year 2015-16. The Islamabad dry port is not running vibrant business due to strike of heavy vehicles’ transporters of Karachi. According to Amanat Khan, Assistant Collector Dry ... Read More »

Quetta Customs seizes huge quantity of narcotics, plastic granules

QUETTA: Directorate General of Customs Intelligence and Investigations during its crackdown against smugglers seized huge quantity of narcotics and plastic granules. The customs team also recovered non customs paid moulding machine. Sources told Customs Today that Deputy Collector Customs Preventive Junaid Mehmood received credible information that some smugglers are trying to smuggle huge quantity of narcotics under the cover of ... Read More »

Kohat customs gets Rs16.85m by auctioning impounded goods & vehicles

KOHAT: The Kohat Auction Cell earned Rs16.85million during April of Financial Year 2016-17 by auctioning impounded vehicles and goods. According to Model Customs Collectorate Kohat that during month of April FY16-17, the auction cell received Rs13.21million miscellaneous duty taxes and surcharges whereas it collected Rs2.08million Sales Tax applied to impounded vehicles and goods during auction. The Kohat Auction Cell got ... Read More »

Gwadar Customs impounds non-duty paid vehicles, smuggled diesel worth Rs72m

KARACHI: Customs Collectorate Gwadar has impounded several non-duty paid luxury vehicles and a huge quantity of smuggled Iranian origin high speed diesel during raids in different areas of the province during the last two a months. According to the details, on the directives of the Collector of Customs Customs Collectorate Gwadar Feroze Alam Junejo, operation against the non-duty paid luxury ... Read More »

BBIA customs stays surplus from assigned target of revenue during April

ISLAMABAD: The customs staff of the Benazir Bhutto International (BBIA) Airport Islamabad surpassed its assigned target with an amount of Rs0.02million during April of Financial Year 2016-17 under the head of duty taxes on accompanied baggage. The BBI Baggage Department earned Rs2.82million against the assigned target of Rs2.80million under the same head during the same period. According to Sadia Usman, Assistant ... Read More »