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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

LTU collects Rs 24.1 billion in May 2016

LAHORE: The Large Taxpayers Unit (LTU) of the Federal Board of Revenue (FBR) collected Rs 24.122 billion in May of the current fiscal year. According to details, it collected Rs 16.144 billion in wake of sales tax, Rs 4.655 billion under the head of income tax and Rs 3.323 billion as federal excise duty (FED). Meanwhile, the LTU collected Rs ... Read More »

Faisalabad Customs generates Rs 2.425m through auction in May

FAISALABAD: The Customs Collectorate authorities collected Rs 2.425 million through auction of smuggled goods during the month of May 2016. The auction was held on the premises of Customs Collectorate Park Dry Port. Sources told Customs Today that 96 items were offered for auction but only five items attracted suitable prices. The remaining lots were rejected by the bidders. The ... Read More »

Customs Preventive foils bid to smuggle UAE dirhams, Omani riyals

LAHORE: Customs Preventive on Wednesday foiled a bid to smuggle foreign currency worth Rs 81 million from Allama Iqbal International Airport. Sources said that the customs authorities intercepted an Omani citizen Nasir Saeed Al Khroosi and found 50,000 UAE dirham and 25,000 Omani riyals during the thorough search of the accused person’s luggage . The accused which was arrested by ... Read More »

FBR assigns revenue collection target of Rs 14.44b to RTO Multan for June‏

MULTAN: The Federal Board of Revenue (FBR) assigned revenue collection target of Rs 14.44 billion to the Regional Tax Office Multan for the month of June. Sources told Customs Today that the Regional Tax Office has been assigned the biggest target for the month of June from Federal Board of Revenue. The FBR assigned the task of Rs 6.42 billion ... Read More »

RTO- III issues notice to 5,000 tax defaulters

KARACHI: The Regional Tax Office-III (RTO-III) of the Federal Board of Revenue (FBR) has issued final notices to 5000 tax defaulters. The RTO-III officials informed Customs Today that the department issued the notices to 500 tax evaders and warned them to deposit their tax. These 5000 defaulters are allegedly involved in tax evasion of more than Rs 5,500 million. Additional ... Read More »

Customs recovers 29kg heroin from PIA aircraft

KARACHI: The Pakistan Customs has recovered around 29 kilograms of heroin from PIA aircrafts in the recent days. The value of the recovered heroin is around Rs 290 million in international market. In this regard, Muhammad Zahid Khokhar, Chief Collector of Customs Enforcement South, S M Tariq Huda, Collector of Customs Preventive, Feroz Alam Junejo, Additional Collector, Preventive Headquarters, and ... Read More »

Customs to hold auction of non-duty paid vehicles today

ISLAMABAD: The Customs Collectorate will hold auction of non-duty paid vehicles on June 6, 2016 (today) at Customs State Warehouse situated in Sector G-12. Assistant Collector Headquarters Tahir Khattak will supervise the auction which will start at 10am. Sources of Customs Today that vehicles which will be offered for auction include Mercedes Benz (bullet proof), Toyota Land Cruiser, Toyota Crown, ... Read More »

RTO collects revenue of Rs 120m till May 31

ISLAMABAD: The Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) collected an amount of Rs 120 million till 31, May. The FBR assigned revenue collection  target of Rs 3.5 billion to the RTO Islamabad. Assistant Commissioner RTO Farrukh Siyal told Customs Today that hte RTO collected Rs 120 million while remaining amount will be collected by the ... Read More »

ANF recovers narcotics worth Rs 489 m in three operations

ISLAMABAD: The Anti-Narcotics Force (ANF) has recovered 748 kilogram hashish and five kilogram heroin in three operations at Chakwal, Faisalabad and Lahore. The ANF also arrested four drug traffickers and seized three vehicles from them. The worth of the seized drugs is Rs 489 million in international market. The ANF Rawalpindi while carrying out an intelligence-led operation seized 700 kilogram ... Read More »

Customs Intelligence seizes items worth Rs 40m in a week

ISLAMABAD: The Directorate of Customs Intelligence and Investigation confiscated smuggled items worth Rs 40 million and made 20 cases during third week of May 2016 in all over the country. Following the directions of Customs Intelligence Director General Imtiaz Ahmad Khan, the department has expedited the operation against the smuggling and illegal trade in the country. The intelligence impounded non-duty ... Read More »

Central Region collects Rs 1,271m WHT during April

LAHORE: The Customs Central Region has collected Rs 1,271 million under the head of withholding tax during the month of April 2016. As per details, Lahore Appraisemnet collected Rs 578 million WHT up 25 percent against the proposed target of Rs 463 million. Collectorate of Customs Preventive collected Rs 648 million against the assigned target of Rs 739 million. Multan ... Read More »

FBR recovers Rs 932m WHT from LDA

LAHORE: The Federal Board of Revenue (FBR) recovered Rs 932 million under the head of withholding tax from Lahore Development Authority (LDA). Sources told Customs Today that the FBR recovered the amount from LDA vide Income Tax Ordinance Section 153. Chief Commissioner Inland Revenue Tasneem Rehman formed a team comprising Additional Zahid Mehmood and Assistant Commissioner Maheen Hassan to recover ... Read More »

Multan Customs Intelligence seizes 4300 drums of hydrocarbon solvent

MULTAN: The Customs Intelligence and Investigation has recovered huge quantity of illicit hydrocarbon solvent in an action. According to the details, Customs Intelligence received credible information about foreign origin hydrocarbon solvent on which Deputy Director Naveed ur Rehman directed field intelligence unit to conduct raid. The officials raided a warehouse located in the industrial area of Multan and recovered 4300 ... Read More »

Commissioner Aftab Alam’s zone collects Rs 72.14m in 3 weeks

FAISALABAD: The Regional Tax Office (RTO) Zone-III of the Federal Board of Revenue (FBR) collected Rs 72.14 million under the head of sales tax during the first three weeks of May 2016. Commissioner Aftab Alam said that the current collection stood at Rs 56.12 million while it recovered Rs 16.02 million in the wake of arrears during the said period. ... Read More »

Sialkot ASO plans to monitor activities of goods transport companies

SIALKOT: The Customs Anti-Smuggling Organisation (ASO) has chalked out a plan to monitor the activities of goods transport companies in Gujranwala division. ASO incharge Assistant Collector Fahad Bashir Chaudhary told Custom Today this step has been taken following the involvement of various goods transport companies in smuggling of the goods and other items. He said that the people from Rawalpindi, ... Read More »

Peshawar ASO impounds 44 vehicles, goods worth Rs 98.7m

PESHAWAR: The Customs Anti-Smuggling Organization (ASO) confiscated 44 non-duty paid vehicles and contraband goods worth of Rs 98.743 million during first 15 days of May 2016. According to the details, the Peshawar ASO impounded 23 vehicles worth of Rs 33.2 million, seven vehicles under Section of 157 of the Customs Act, 1969 worth of Rs 9.3 million and impounded another ... Read More »

Multan ASO seizes 35,000 litres of diesel, oil tanker

MULTAN: The Customs Anti-Smuggling Organisation (ASO) has confiscated 35000 litres of high speed diesel worth Rs 1.097 million, besides impounding the oil tanker from Muzaffargarh worth Rs 2.5 million. According to the details, the ASO staff intercepted an oil tanker bearing Registration No TKG-366 near Qureshiwala, Muzaffargarh and recovered diesel. The officials asked the driver to show documents regarding the ... Read More »

RTO-II collects Rs 61.2 billion in 10 months

LAHORE: The Federal Board of Revenue (FBR) Regional Tax Office-II (RTO-II) collected Rs 61.232 billion during first ten months of the financial year 2015-16. As per details, the RTO-II collected Rs 35 billion in wake of income tax, Rs 26 billion as sales tax and Rs 232 million under the head of federal excise duty (FED) during the said period. ... Read More »

RTO-II collects Rs 41,345m in first 20 days of May

KARACHI: The Regional Tax Office-II (RTO-II) recovered Rs 41,345 million in the first 20 days of May. This amount is Rs 1,113 million extra than the amount collected during the first twenty days of April. Sources informed Customs Today that RTO-II collected Rs 41,345 million in the first 20 days of May from which Rs 37,616 million were collected under ... Read More »

RTO-I collects Rs 42,354m during 20 days of May

KARACHI: The Regional Tax Office-I (RTO-I) recovered a revenue of Rs 42,354 million in first 20 days of May. Sources told Customs Today that collection process has already been geared up as the current fiscal year is going to end soon. Sources said that the RTO-I collected Rs 40,296 under the head of income tax, Rs 2,012 million as sales ... Read More »