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Karachi

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 Zaka Sons moves SHC against SCN for recovery of duties & taxes

KARACHI: M/s Zaka Sons has approached The Sindh High Court (SHC) against issuing show cause notice for recovery of duties and taxes by Assistant Collector Group-III MCC Appraisement East on importing PVC Resin Suspension Grade. On 10 January 2020, counsel for the petitioner argued that petitioner is a importing plastic raw material of different types including PVC suspension grade under ... Read More »

Customs Court seeks charge sheet of gold & foreign currency smuggling case

KARACHI: The Customs Court sent suspect namely Muhammad Islam son of Muhammad Ishaque to Central Jail Karachi on judicial remand and directed investigation officer to complete investigation and submit charge sheet in a case of smuggling 04.4 kilograms gold, US$ 450,000 Dollars and 255 UAE Dharam from Sukkur to Karachi. On 10 January 2020, investigation officer of customs preventive produced ... Read More »

Workers remittances cross $11394.91 during 1H of FY2019-20

KARACHI: Overseas Pakistani workers remitted US$ 11394.91 million in the first half (July to December) of FY20, showing a growth of 3.31 percent compared with US$ 11030.01 million received during the same period in the preceding year. During December 2019, the inflow of workers’ remittances amounted to US$ 2097.23 million, which is 15.25 percent higher than November 2019 and 20% ... Read More »

SHC issues notices to NAB officials on petition filed by ex-secretrary KPT

KARACHI: The Sindh High Court (SHC) issued notices to NAB officials and special prosecutor of NAB department on a petition filed by Gulab Khan, former secretary Karachi Port Trust (KPT) who is booked for illegal allotment of KPT lands, getting huge bribe and corrupt practices. On 9 January, 2020, a two-member bench also directed them to file their respective para ... Read More »

ADC Port Qasim re-distributes work among assistant, deputy collectors

KARACHI: Collectorate of Customs Port Mohammad Bin Qasim Additional Collector Headquarters Syed Fawad Ali Shah issued office order for re-distribution of work among assistant and deputy collector with immediate effect and until further orders:- 1. Deputy Collector Ms. Zamzam Aman from Group-I and IV, MIS-II, bank guarantee and import section to Group-II and V-II, MIS-II, bank guarantee and import section. ... Read More »

M/s Hikmat Traders seeks release of consignment detained by customs officials

KARACHI: M/s Hikmat Traders approched the Sindh High Court (SHC) and filed a constitutional petition against detention of different items from China including handle, shoes, bath room accessories, steel bottles, glass bottles, plastic bottles, locks, kitchen sinks, and other items. On 9 January 2020, counsel for the petitioner stated that the petitioner imported different items from China including handle, shoes, ... Read More »

Pakistan Customs to install scanning gadgets for smooth ATT through Wagah border

KARACHI: Directorate-General of Transit Trade (DGTT) Director-General Sarfraz Ahmed Warriach has said that Afghan Transit Trade (ATT) through Wagah border will be made safe and secure with the installation of latest scanning gadgets by July 2020. He expressed these views while addressing a press conference Customs House regarding transport of Afghan export to India through Wagah border. The DG further ... Read More »

SHC calls comments from NAB officials on bail petition in sales tax refund case

KARACHI: The Sindh High Court (SHC) directed investigation officer and special prosecutor of National Accountability Bureau (NAB) to file their comprehensive comments on a bail petition filed by suspect  Irfan in a case of sales taxes refund scam. On 7 January 2020, during the hearing, the court observed that after National Accountability Bureau (NAB) Ordinance amendment, now NAB cannot carry ... Read More »

USA, UK, China top three destinations of Pakistani exports: SBP

KARACHI: The United States of America (USA) remained the top export destinations of the Pakistani products during first five months of current financial year (2019-20), followed by United Kingdom (UK) and China. The total exports to the USA during July-November (2019-20) were recorded at $1744.415 million against the exports of $1698.809 million during July-November (2018-19), showing an increase of 2.68 ... Read More »

FPCCI-KCCI joint meeting held over APGTA strike

KARACHI: Imports and Exports from Pakistan disturbed after the country wide strike of All Pakistan Goods Transport Association (APGTA) against their demands. According to the details, All Pakistan Goods Transport Association (APGTA) started strike against the implementation on the law of Axel load, increased licensed fee and other demands on Monday. Due to the strike the import and exports consignment ... Read More »

Customs Court seeks charge sheet of cloth smuggling case

KARACHI: The Customs Court directed investigation officer to complete investigation against financiers, abettors and others including owner of 2611 rolls of assorted brand and colors of ladies and gents’ cloth worth Rs 10,623,506 smuggling case. On 8 January 2020, investigation officer submitted first information report (FIR) and informed that on an actionable information, customs officials reached at the corridors of ... Read More »

SHC seeks comments on petition filed by M/s H.S Engineering Services

KARACHI: The Sindh High Court (SHC) issued notices to the customs department on a constitutional petition filed by M/s H.S Engineering Services against enhancement of valuation of consignment of artificial stone sheet imported from South Korea. On 7 January, 2020, a two-member bench, headed by Justice Naimatullah Palphuto was hearing the matter. During the hearing, counsel for the petitioner stated ... Read More »

Customs I&I shows outstanding performance during first 2Qs of FY2019-20

KARACHI: Under the supervision of Director Irfan Javed, Directorate of Customs Intelligence and Investigation has displayed extra-ordinary progress in performance of anti-smuggling as well as enforcement functions during the first two quarters of the financial year 2019-20. This is the best performance when compared with the corresponding period f previous five year w.e.f. 1.7.2015. Some of major enforcement cases made ... Read More »

Customs I&I seizes Indian goods, fabric marked with Afghan transit worth Rs19.1m

KARACHI: Under the supervision of Director Irfan Javed, Directorate of Customs Intelligence and Investigation (I&I) seized huge quantity of non-duty paid foreign origin miscellaneous goods including Indian Tara filter and Afghan transit marked fabric worth Rs19.1 million. According to the details, a specific information was received that huge quantity of non-duty paid foreign origin miscellaneous goods transported from different cities ... Read More »

Governor Sindh assures to take up traders issues with PM, chairman FBR

KARACHI: The traders of the famous market Tariq Road have resumed their activities after the Governor Sindh Imran Ismail promised them to raise the issue with Prime Minister of Pakistan Imran Khan and the Chairman Federal Board of Revenue (FBR) Shabbar Zaidi. According to the details, Governor Sindh Imran Ismail over the looming crisis and protest of the Tariq Road ... Read More »

M/s Master Sanitary Fitting Industries moves SHC against auction of imported goods

KARACHI: The M/s Master Sanitary Fitting Industries Limited has approached The Sindh High Court (SHC) and filed a constitutional petition against issuing letter for auction of petitioner’s imported goods. On 6 January, 2020, counsel for the petitioner stated that petitioner’s company is a limited company and engaged in the business of sanitary fitting etc, for almost four decades now, Master ... Read More »

Customs Court extends remand of suspect arrested in $450,000 smuggling case

KARACHI: The Customs Court extends physical remand of suspect namely Muhammad Islam son of Muhammad Ishaque and sent him back to customs lock-up, who was nominated in a case of smuggling 04.4 kilograms gold, $450,000 dollars and 255 UAE dirram from Sukkur to Karachi. On 6 January, 2020, investigation officer of customs preventive produced the above mentioned suspect before the ... Read More »

NAB Karachi DG Najaf Mirza launches inquiry into ‘China-cutting’ on land surrounding Mazar-e-Quaid

ISLAMABAD: Chairman National Accountability Bureau (NAB), Justice (Retired) Javed Iqbal has taken notice of ‘China-cutting’ on land in surroundings of Quaid-e-Azam Muhammad Ali Jinnah’s mausoleum and ordered to launch an inquiry in this case. After Chairman NAB’s directives, NAB Karachi Director-General (DG) Najaf Quli Mirza has launched an inquiry into the illegally carving out land in the surroundings of Mazar-e-Quaid ... Read More »

SHC seeks comments on petition filed by M/s Anumat Foods against detention of consignment

KARACHI: The Sindh High Court (SHC) directed customs department to make sure to file their comments on a constitutional petition filed by M/s Anumat Foods (SMC-Pvt) against detention of its imported consignment of foods stuff seized by customs officials due to dispute valuation. Order came on Jan 04, 2020 when a two-member bench heard the constitutional petition. During the hearing, ... Read More »

Customs Preventive recovers smuggled cloth from Tariq Road market worth Rs20m

KARACHI: Collectorate of Customs Preventive team seized huge quantity of smuggled cloth worth millions of rupees after conducting a successful raid at the famous Tariq road market in Karachi. According to the sources, on authentic information the raid was conducted by the customs team at Tariq road market on the night of 5th January during which huge quantity of smuggled ... Read More »