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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

M/s Awan Trading Company moves SHC seeking release order of bank guarantees

KARACHI: M/s Awan Trading Company Private Limited has approached the Sindh High Court (SHC) for seeking bank guarantees amount which were deposited by the petitioner on provisional release of its consignments. On 3 February 2020, counsel for the petitioner stated that in May 2018 M/s Nishat Mills Ltd imported a consignment of 54,960 MT of coal, the said consignment was ... Read More »

QICT, Maersk arm twist Customs Today to hush up alleged 100s of billions worth of mega scandals

KARACHI: DP World / Qasim International Container Terminal (QICT) and Maersk Pakistan (Pvt) Ltd are pressurising Customs Today to stop coverage of alleged 100s of billions worth of mega scandals. According to details, DP World / QICT and Maersk Pakistan are using pressure tactics by submitting various fake applications at multiple forums against Customs Today. They are also sending different ... Read More »

Customs I&I personnel found dead at Manghopir

KARACHI: A two days old dead body of a Custom Intelligence and Investigation (I&I) personnel found in a government vehicle near the area of Manghopir. According to the details, a suspect dead body was found to the team of the Manghopir Police station which has been identified with the name of Fida Muhammad Khan from a government vehicle near the ... Read More »

KCCA invites applications for 5th batch of mandatory course under Rule 99

KARACHI: Karachi Customs Agents Association (KCCA) invited applications from its members for participation in 5th batch of six days mandatory course under Rule 99 of Licensing Rules 2001 which will be conducted by the Directorate of Training in the month of Feb 2020. In a statement, the KCCA stated that members who have not attended the course in the past ... Read More »

Assets case: NAB court extends Khursheed Shah’s judicial remand till Feb 18

SUKKUR: Accountability court on Monday has extended judicial remand of Khursheed Shah for 15 days in assets beyond income case. According to details, the court has directed to re-produce the Khursheed Shah and other accused on February 18. On Sept 18, 2019, the NAB had arrested senior PPP leader Syed Khursheed Shah in a case regarding his alleged assets beyond ... Read More »

Meeting held at KPT to discuss issues related to congestion

KARACHI: Member National Assembly Maritime Standing Committee Abdul Qadir Patel chaired a high level coordination meeting at KPT head office to review progress made concerning parking issues of trucks around port areas. According to the details, a meeting was called by Minister Maritime Affairs, Ali Haider Zaidi KPT Head Office which remained focused on finding solutions to resolve the traffic ... Read More »

SPB allows banks to use ‘MT 102’ message for free in PRISM

KARACHI: The State Bank of Pakistan has decided that banks can now use the MT 102 message in Pakistan Real-time Interbank Settlement Mechanism (PRISM) system free of charge and with no limit on minimum amount. The Payment System Department (PSD) has said that the move should help in facilitating stakeholders by reducing Turnaround Time (TAT), and to ensure the secured ... Read More »

SHC seeks reply on petition filed by M/s Al-Sajr Corporation

KARACHI: The Sindh High Court (SHC) directed customs department to file para wise comments on a petition filed by M/s Al-Sajr Corporation Private Limited against detention of imported goods detained by customs officials. On 31 January 2020 a two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the matter. During the hearing, counsel for the petitioner stated that petitioner ... Read More »

Strict measures directed at all 3 sea ports over novel cronavirus

KARACHI: All three ports of the country have taken extensive measures to restrict the novel crona virus which has badly affected the different countries including China when the disease was first surfaced. According to the details, to restrict the deadly virus named novel crona the administrations of all the three sea ports, Karachi Port Trust (KPT), Port Muhammad Bin Qasim ... Read More »

Customs Court approves bail of suspect in goods smuggling case

KARACHI: The Customs Court approved bail to suspect Mir Ahmed son of Abdul Aziz, who was booked in a case of attempting to smuggle contraband branded shampoo, cloths, tyres, blankets etc total valuing of Rs16,031,113. On 31 January 2020, counsel for the accused argued that his client is innocent and has been falsely implicated in this case therefore court may ... Read More »

Customs Court extends remand of suspects booked in goods smuggling case

KARACHI: The Customs Court extended physical remand of suspects namely Naseer Ahmed son of Ali Khan and Muhammad Irfan son of Sher Muhammad and sent them back to customs lock-up, who were arrested in a case of attempting to smuggle betel nuts, foreign origin tyres, Ajinomoto salt etc. On 30 January 2020, investigation officer of Customs Preventive Anti-Smuggling Organization submits ... Read More »

SHC seeks reply on petition filed by M/s K.H.H. Int’l Trading

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a petition filed by M/s K.H.H. International Trading against detention of its imported consignments of black paper in the garb of valuation ruling no 1350/2019. On 30 January 2020, a two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the matter. During ... Read More »

Govt bars customs to clear second hand clothing, shoes & worn articles imported from China

KARACHI:  Government of Pakistan Port Health Establishment issued advisory on Pneumonia outbreak due to Novel Corona Virus to all the Collectorate of customs. The Advisory issued by Port Heath Officer Dr. Mohammad Ai Zardari read as “I have to convey the instructions received from Direcorate of Central Health Establishment, Islamabad that second hand clothing/used hoes and other worn articles should ... Read More »

Electric fan exports increase 2pc 

ISLAMABAD: The exports of electric fan witnessed increase of 2.50 percent during the first half current financial year (2019-20) as compared to the export of corresponding period of last year. The electric fan exports during July-December (2019-20) were recorded at $10.502 million against the exports of $10.246 million during July-December (2018-19), showing a growth of 2.50 percent, according to the ... Read More »

SHC issues notices on petition filed by Classis Zone by Kashan Garments

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general of Pakistan on a constitutional petition filed by Classis Zone by Kashan Garments sole proprietor of Waqar Azeem Khokar against enhancement of valuation of its imported two consignments. On 29 January 2020, counsel for the petitioner stated that petitioner has imported two separate consignments, ... Read More »

Customs Court approves after arrest bail of suspect in spare parts, betel nuts smuggling case

KARACHI: The Customs Court approved after arrest bail of suspect Ghulam Muhammad  son of Muhammad who was booked in a case of attempting to smuggle spare parts, betel nuts, foreign origin cloth etc worth Rs7,893,000. On 29 January 2020, counsel for the accused filed after arrest bail petition and argued that his client is innocent and has been falsely implicated ... Read More »

SBP generates Rs634b through T-bills auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs633.57 billion through T-bills, against the target of Rs500 billion. The SBP conducted the auction for the sale of 3-month, 6-month and 12-month Government of Pakistan Market Treasury Bills (MTBs) and received bids amounting to over Rs1.2 trillion. Bids worth Rs949.75 billion were received for 3-month T-bills, ... Read More »

Customs Court seeks reply on bail of clearing agent of M/s Rawandi & Brothers

KARACHI: The Customs Court issued notices to customs department on a pre-arrest bail application filed by Behram Khan son of Haji Hayat Khan, partner of M/s Rawandi & Brothers clearing agent who was booked in a case of attempting to smuggle contraband goods. On 28 January 2020, counsel for the accused argued according to the prosecution M/s TPL Tracker Private ... Read More »

M/s Mian Shafiq Business Int’l moves SHC against enhancement of valuation of goods

KARACHI: M/s Mian Shafiq Business International has approached the Sindh High Court (SHC) and filed a petition against enhancement of valuation of its imported consignment of assorted tyres and tube with flaps of various sizes, specifications, designs & patterns from China. On 28 January 2020, counsel for the petitioner stated that in normal course of business, the petitioner imported a ... Read More »

Assets case: SHC adjourns hearing of bail plea of Khursheed Shah, others

SUKKUR: The Sindh High Court (SHC) has adjourned the hearing of bail petition filed Khursheed Shah and others in assets beyond income case till February 10. A double bench of SHC heard the bail petition filed by Khursheed Shah and other persons nominated in the assets beyond income case. All of the nominees except Khursheed Shah had sought pre-arrest bail ... Read More »