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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

SHC calls comments on petition against detention of imported consignments

KARACHI: The Sindh High Court (SHC) directed customs department and deputy attorney general to file their respective para wise comments on a petition filed by M/s A.H Pirani Enterprises and M/s Diamond Impex Corporation against detention of their imported consignments of PVC Tape log rolls due to disputed valuation. On October 9, 2019, a two-member bench, headed by Justice Aqeel ... Read More »

Customs Court sends suspect on physical remand involved in HSD oil smuggling

KARACHI: The Customs Court sent suspect namely Nakhuda Jamshad son of Abdul Qadir on physical remand who is booked in a case of attempting to smuggle non-duty paid 7000 liters Iranian origin high speed diesel through launch. During the hearing, investigation officer produced the above mentioned suspect before the court and informed that on an actionable information, high officials of ... Read More »

NAB launches probe against Sindh police

KARACHI: The National Accountability Bureau (NAB) has launched a probe against the Sindh police and has sought records from 96 police officers. According to details, NAB, after launching an inquiry against Sindh Police, has sought details of the money paid to the Shaheed police officer. The letter directed all concerned officers to appear before the investigation team. NAB is seeking ... Read More »

M/s Noor Petroleum approaches SHC against detention of consignment

KARACHI: M/s Noor Petroleum Associates approached the Sindh High Court (SHC) against detention of its consignment of 250 MT of Chloroform chemical imported in bulk and alleged enhancement of valuation under the garb of valuation ruling no 1311/2018. On 7 October 2019, counsel for the petitioner stated that petitioner imported consignment of 250 MT of Chloroform chemical in bulk and ... Read More »

Customs Court approves after arrest bail of suspects in smuggling case

KARACHI: The Customs Court granted after arrest bail to suspects Muhammad Sabir and Rafeeq in a case of attempting to smuggle non-duty paid 10,896 liters high speed diesel. On 7 October 2019, counsel for accused moved petitions for after arrest bail and argued that his clients are innocent and have been falsely implicated in this case, as they are ready ... Read More »

Hyundai to begin local production in Pakistan from Jan 2020

KARACHI: Hyundai Nishat Motors Private Ltd (HNMPL) – a joint venture company between Nishat Group, Sojitz Corporation (Japan) and Millat Tractors Limited – on Wednesday announced to start local assembly of Hyundai H-100 cabover truck from January, 2020, with 20 percent level of localisation. HNMPL also unveiled its ‘Hyundai Ioniq Hybrid car’ while inaugurating its digital showroom at the Emerald ... Read More »

M/s Noorani Agency approaches SHC for issuing orders on acquittal petition

KARACHI: Muhammad Irfan of M/s Noorani Agency approached the Sindh High Court (SHC) and submitted petition for deciding his petition for acquittal under section 265k Cr. Pc booked in NAB reference for mega sales tax refund scam. On 7 October 2019, counsel for the petitioner stated that petitioner was employed with M/s Noorani Agency as outdoor clerk, his boss asked ... Read More »

Anti-Corruption East unearths fake housing scheme in name of Bilawal Bhutto

KARACHI: A fake housing scheme running in the name of Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari was revealed today (Oct. 8) while Anti-Corruption East conducted a raid and arrested one of the accused. According to Deputy Director Anti-Corruption East Zamir Abbasi, they raided the office of Bhutto Welfare Housing Society after receiving several complaints regarding the fake scheme and ... Read More »

Customs Court approves remand of suspect in betel nuts smuggling case

KARACHI: The Customs Court sent suspect namely Waqas Noor to customs department on physical remand in a case of attempting to smuggle non-duty paid betel nuts. On 7 October 2019, investigation officer of Intelligence and Investigation FBR submitted first information report (FIR) and also produced the above-mentioned suspect and informed that on an actionable information, customs officials intercepted Toyota Hilux ... Read More »

NAB seeks re-issuance of Liaquat Qaimkhani’s arrest warrants

ISLAMABAD: A formal request for re-issuance of former director general of parks and horticulture in Karachi, Liaquat Ali Khan Qaimkhani’s arrest warrant has been sent to National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal for approval. According to details, the authorities have decided to interrogate Qaimkhani, who is already under-custody, regarding ownership of expensive cars and dozens of plots. ... Read More »

SHC orders strict action against sellers of gutka

  KARACHI: The Sindh High Court (SHC) on Tuesday ordered cases to be registered against those selling gutka under Section 337-A (shajjah, intentionally causing hurt) of the Pakistan Penal Code. During the hearing of a petition against the use of mainpuri and gutka by a two-member SHC bench headed by Justice Salahuddin Panhwar, petitioner Advocate Muzammil Mumtaz had argued against ... Read More »

Plan to change law for the rich Sohail?

KARACHI: Some junior customs officials have allegedly planned to change law for the rich Sohail Shams, CEO of M/s United Marine Agencies (UMA) who is said to be involved in a huge scam of clearing 930 consignments through mis-declarations, causing heavy loss to the national exchequer. Sources have informed Customs Today that some junior customs officials have planned to delete ... Read More »

Sales tax collection through imports up 18.5pc during 1Q

KARACHI: Sales tax collection from imports rose 18.5 percent to Rs200.72 billion in the first quarter of the current fiscal year of 2019/20 as the government raised duties and withdrew certain exemptions to mobilise revenue. According to media, the collection rose due to abolishing of incentives in sales tax regime and imposition of higher customs duty rates. Sales tax collection ... Read More »

CEO of Bahria Town challenges reference filed by NAB

KARACHI: Chief Executive Officer Bahria Town Zain Malik has challenged reference filed by National Accountability Bureau (NAB) in NAB Court against him. NAB also booked the then mayor Mustafa Kamal, the then district coordination officer Fazlur Rehman, the then executive district officer Iftikhar Qaimkhani, the then district officer Mumtaz Haider, the then additional DO Syed Nishat Ali and the then ... Read More »

SHC dismisses after arrest bail of ex-secretary KPT in illegal allotment case

KARACHI: The Sindh High Court (SHC) has dismissed after arrest bail of Ghulam Khan, former secretary Karachi Port Trust (KPT), who is confined in Central Jail Karachi and booked for illegal allotment of KPT lands, getting huge bribe money and corrupt practices. Kamran Michael, former federal minister for ports and shipping and others are also confined in Central Jail Karachi ... Read More »

DG Valuation revises customs values of ginger & garlic vide VR No 1390/2019

KARACHI: Directorate-General Customs Valuation Director Shafique Ahmed Latki has revised the customs values of ginger and garlic under Section 25-A of the Customs Act 1969, vide Valuation Ruling No.1390/2019. As per details, customs values of ginger and garlic were determined earlier vide Valuation Ruling No.1339/2018. The analysis of import shows viz-a-viz declared values of subject goods upward trend in international ... Read More »

SHC seeks comments on petition filed by M/s Badar Enterprises

KARACHI: The Sindh High Court (SHC) directed customs officials to make sure filing their para wise comments on a constitutional petition filed by M/s Badar Enterprises seeking restraining order from carrying out final assessment of the consignments of aseptic packaging materials imported by the petitioner on the basis of the valuation ruling no 1381 of 2019 dated 12/07/2019. On 4 ... Read More »

Customs JIAP foils bid to smuggle non-duty paid electronics items

KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) thwarted an attempt to smuggle electronic items in huge quantity. According to the details, on the tip-off by higher authorities, Deputy Collector Customs Tauseef Ahmed Gorchani directed to beef up the surveillance and security over the information of smuggling of electronic items. During the surveillance, the staff of the ... Read More »

Customs Court awards sentence to lady booked in mobile smuggling case

KARACHI: The Customs Court awarded 16 days imprisonment and fine of Rs100,000 to suspect lady namely Seema Rauf daughter of Abdul Rauf, who was booked in a case of attempting to smuggled non-duty paid foreign origin mobile phones and memory cards valuing to Rs5,809,413. On October 4, 2019 above mentioned suspect lady appeared before the court and filed an application ... Read More »

Director Irfan Javed’s Customs I&I impounds smuggled goods worth Rs20.6m

KARACHI: Directorate of Customs Intelligence & Investigation (I&I) seized smuggled goods loaded on two passenger buses worth Rs20.6 million. According to the details Director Irfan Javed received credible information that huge quantity of non-duty paid goods will be smuggled from Karachi to Quetta. He immediately constituted under the supervision of Additional Director Ali Zaman Gardezi which also includes Deputy Collector ... Read More »