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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

ASO seizes goods, vehicles worth Rs 77m during Q1

ISLAMABAD: The Customs Anti Smuggling Organisation (ASO) seized smuggled goods and vehicles worth 77.421 million during first quarter of current fiscal year 2016-17. Deputy Collector Shahid Jan said that the ASO seized 20,270 kilogramme of foreign origin cloth worth Rs 11.174 million during the said period. It also impounded 34 non-duty paid vehicles worth Rs 40.668 million]. During first quarter, ... Read More »

Customs Appraisement-West collects Rs 22.3b in September

KARACHI: Collector Farid Iqbal’s Customs Appraisement-West collected Rs 22.341 billion in wake of duty/taxes under various heads during September 2016. The Appraisement-West generated Rs 9,488 million under the head of customs duty, Rs 9,150 million as sales tax, Rs 3,547 million as income tax and Rs 156 million as federal excise duty. Significantly, the department collected Rs 3,388 million in ... Read More »

North Region collects Rs 7,543m tax during Q1 of FY 2016-17: Sarwat Tahira Habib

ISLAMABAD: The Electronic Import Form (EIF) Module in WeBOC (Web Based One Custom)  is developed in consultation with all the stakeholders, including importers, clearing agents, bankers, etc. This was stated by Chief Collector North Region Sarwat Tahira Habib during an exclusive interview with Customs Today. She said that overall the North region has performed quite well in the first quarter ... Read More »

Gujranwala Customs Intelligence impounds vehicles, goods worth Rs 18m in Sept

SIALKOT: The Customs Intelligence and Investigation impounded seven non-duty paid vehicles and confiscated other items worth Rs 18 million under anti smuggling campaign during September 2016. Reportedly, the anti-smuggling campaign is in full swing in Gujranwala after it was initiated by the Federal Board of Revenue (FBR). The department impounded 7 vehicles, including one Toyota Prado, 2 Toyota Vitz, one ... Read More »

Multan Customs foils attempt to smuggle gold, foreign currency worth Rs 64m

MULTAN: The Customs Collectorate Multan has foiled an attempt to smuggle a huge quantity of gold and foreign currency worth Rs 64 million at Multan International Airport. Collector Sarfraz Ahmad Warraich along with Additional Collector Ghulam Mustafa, Deputy Collector Abdul Mueed Kanjoo, Assistant Collector Faizan Badar and others addressed a press conference in Multan Customs House. Collector Sarfraz Ahmad Warraich ... Read More »

FBR collects Rs 550 billion till 27th

ISLAMABAD: The Federal Board of Revenue (FBR) has made a net collection of over Rs 550 billion during current fiscal year till September 27 as against the net collection of Rs 500 billion made during same period of last year, thus showing an increase of 10 percent. The target for the current month has been achieved, said FBR spokesman Dr ... Read More »

Faisalabad RTO’s Corporate Zone collects Rs 448.39m in 3 weeks

FAISALABAD: The Regional Tax Office (RTO) Corporative Zone collected Rs 448.39 million under the head of sales tax during first three weeks of September of the fiscal year 2016-17. As per details, the net collections stood at Rs 410.54 million, while it recovered Rs 37.85 million in wake of arrears during the said period, Corporate Zone Commissioner Muhammad Nasir Khan ... Read More »

Customs Intelligence seizes smuggled goods worth Rs 617.6m: Additional Director Abdul Waheed Marwat

ISLAMABAD: Directorate of Intelligence and Investigation Islamabad Additional Director and Spokesperson Abdul Waheed Marwat has said that customs authorities seized smuggled goods and articles worth Rs627.6 million during first two months of current fiscal year. He said that Customs Intelligence also registered 228 cases against accused persons and arrested three persons. During an exclusive interview with Customs Today  Abdul Waheed ... Read More »

Gilgit-Baltistan Customs generates Rs 969.5m till Sept 15

ISLAMABAD: The Model Customs Collectorate Gilgit-Baltistan (GB) collected duty/taxes amounting to Rs 969.517 million till September 15 of running fiscal year 2016-17. Collector Ali Raza said that performance of the collectorate in revenue collection remained outstanding during the said period, adding that the collection of duty/taxes on the import of heavy machinery contributed a huge chunk to the total sum. ... Read More »

Customs collects Rs 1,357m from Islamabad Dry Port in first quarter of FY 2016-17

ISLAMABAD: The Islamabad Dry Port handled 600 containers and collected Rs 1,357 million duty during the first quarter (July to September) of the financial year 2016-17. Assistant Collector Amanat Ali Khan told Customs Today that the performance of the dry port was satisfactory during first quarter of the current financial year. He added that during said period the dry port ... Read More »

Customs Appraisement collects Rs 8,591m during August

LAHORE: Collectorate of Customs Appraisement collected Rs 8,591 million during August 2016-17. The Appraisement collected Rs 2,681 million under the head of customs duty during August 2016 as compared to Rs 2,584 million collected during the same period of the last financial year. On the other hand, the Collectorate collected Rs 4,815 million sales tax during the period under review ... Read More »

FBR sets revenue collection target for Appraisement East, West during FY2016-17

KARACHI: The Federal Board of Revenue (FBR) has setup revenue collection targets for the field formation Collectorates, including Customs Appraisement Westn and East during the fiscal year 2016-17. The FBR has set a revenue target of Rs 678 billion altogether for the field formation Collectorates Appraisement East and West in terms of customs duty (CD), sales tax (ST), income tax ... Read More »

Peshawar Customs earns Rs 30m through auction

ISLAMABAD: The Model Customs Collectorate, Peshawar earned Rs 30 million through auction of vehicles of Agha Khan Foundation. Peshawar Customs Deputy Collector Muhammad Amin said that the collectorate held a special auction of vehicles on September 20, 2016. He added that people from all parts of KPK participated in this auction. The deputy collector said that there were 25 heavy ... Read More »

Faisalabad Customs Appraisement collects Rs 891.4m in August

FAISALABAD: The Model Customs Collectorate Appraisement collected Rs 891.43 million during August 2016 against the set target of Rs 611 million surpassing it by 280.43 million. The Customs Appraisement collected revenue under the heads of customs duty (CD), sales tax (ST), income tax (IT) and federal excise duty (FED) during the said period. According to the statistics available data with ... Read More »

Peshawar Customs Gadoon station collects Rs41.75m during July, August 2016-17

ISLAMABAD: Customs Collectorate Peshawar Gadoon station collected Rsw41.75 million as duty and taxes during first two months of financial year (FY) July-August 2016-17. Sources told Customs Today that that customs station Gadoon collected Rs19.24 as customs duty during July-August 2016-17, while the same station collected Rs32.25 million as customs duty during same period of FY 2015-16. It was told that ... Read More »

Customs car cells impounds 102 offending vehicles during July-August: Collector Dr Arsalan

ISLAMABAD: The Islamabad Customs Collectorate impounded 69 offending and 33 non-duty paid vehicles during the first two months of financial year 2016-17. Collector Dr Arslan told Customs Today that performance of anti-smuggling squad and car cell was satisfactory during the first two months of the current financial year. He said that the car cell impounded 47 offending vehicles in August ... Read More »

Multan Customs collects Rs 2.18 billion in August

MULTAN: The Model of Customs Collectorate collected Rs 2.1 billion in wake of duty and taxes during August of the fiscal year 2016-17. The department collected Rs 422.9 million as customs duty during the said period as compared Rs 802.047 million during same period of the last year 2015-16. It generated Rs 615.726 million as customs duty during first two ... Read More »

FBR to recover Rs2.45b sales tax from PSM

KARACHI: The Federal Board of Revenue is going to officially ask the federal government for unpaid taxes outstanding against the Pakistan Steel Mills (PSM). Despite notice issued by the Large Taxpayers Unit Karachi, the state-owned steel mills owes the country’s top revenue authority Rs2.45 billion sales taxes of last three years. The Appellate Tribunal-IR has also ordered the mills to ... Read More »

Customs collects Rs 159.17b in July-Aug

KARACHI: The Pakistan Customs collected Rs159.17 billion during the first two months (July-August) of current fiscal year against Rs159.547 billion it collected during the same period last year. The Customs duty collection by Pakistan Customs increased by 4.27 percent to Rs45.42 billion in July-August 2016 as compared with the collection of Rs43.55 billion in same period last year. Customs duty ... Read More »

Hyderabad Customs seizes items worth Rs 76.7m in August

KARACHI: The Model Customs Collectorate, Hyderabad, has confiscated smuggled items worth Rs 76.7 million by busting various smuggling attempts during August 2016. The officials seized 170,000 litres illegally imported petrol and 142,000 litres diesels besides arresting more than 50 suspects during the period. Sources said that Hyderabad Customs Collector Agha Shahid Majeed reviewed the performance of the anti-smuggling squad during ... Read More »