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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

Uploading of bank registered contract & LC declared mandatory while filing GDs

KARACHI: Collectorate of Customs Exports  Port Mohammad Bin Qasim Deputy Collector Shaoukat Hayat issued office order no: 21 dated 2019. The letter further stated that in terms of paragraph 3 of the Export Policy Order 2016 dated 18.4.2016 read with section 155 M of the Customs Act, 1969 and Foreign Exchange Rules and Regulations notified by the State Bank of ... Read More »

SHC declares SCN mandatory before taking any adverse action

KARACHI: The Sindh High Court (SHC) directed petitioner to submit goods declaration before the concerned collector of customs who shall process the same strictly in accordance with law, whereas, in case of any mis-declaration, respondents shall issue proper show cause notice to the petitioner before taking any adverse action, including registration of FIR on petition filed by M/s Sawhney Associates. ... Read More »

Customs Court awards jail term to suspects in injections, mobile phones smuggling case

KARACHI: The Customs Court convicted suspects namely Zeeshan Ali Awan son of Sikandar Ali and Muhammad Aamir son of Sain Muhammad Sohail for six months and Rs500,000 fine, who were booked in a case of attempting to smuggle 10,000 Boostin/somatotropin injections and mobile phones. On June 22, 2019, above mentioned suspects appeared before the court along with their counsel and ... Read More »

ST of 5pc, not 13pc, levied on ride-hailing services from July 1:  SRB

KARACHI: The Sindh Revenue Board (SRB) clarified that the provincial government had imposed a sales tax of five per cent, and not 13 per cent, with effect from July 1 on services rendered by cab aggregators or ride-hailing services. The Sindh budget for 2019-20 has declared the services provided or rendered by cab aggregators (also known as ride-hailing services), including ... Read More »

Collection of illegal demurrage & detention charges by Maersk, QICT disturbs importers: Attaur Rehman

MULTAN: Business community is compelled to pay illegal demurrage and detention charges due to blackmailing of shipping companies including M/s Maersk Pakistan and terminal operator Qasim International Container Terminal (QICT) for clearance of genuine shipments. Collection of unreasonable demurrage and detention charges by shipping companies creates serious issues for importers. It was stated by renowned importer and businessman of South ... Read More »

NAB files reference against Mustafa Kamal in a case pertaining illegal allotment of land

KARACHI: National Accountability Bureau (NAB) on Saturday filed a reference against Pak Saarzameen Party leader Mustafa Kamal in a case of the alleged illegal allotment of 5,500 square metres of land on the sea side. The reference was filed in a Karachi accountability court. According to the reference, Sindh Director General Building Control Authority Iftikhar Kaimani, Fazlur Rehman, Mumtaz Haider ... Read More »

Thailand BOI’s team holds meeting with KPT chairman to explore investment opportunities

KARACHI: Thailand Board of Investment (BOI)’s delegation visited KPT Head Office and held meeting with the Chairman KPT Rear Admiral Jamil Akhtar HI (M), T.Bt to explore opportunities for the Thai investments at Karachi Port. According to the details, eleven members delegation of senior investment promotion officials of Thailand, led by Miss Sithee Tanboonteck, accompanied by Consul General of Thailand ... Read More »

Customs Court approves interim pre-arrest bail of I&I officials

KARACHI: The Customs Court granted pre-arrest bail to Principal Appraiser Syed Irshad Ali Shah, Intelligence Officer, Khayam Mirza, Sepoy Majid Hashim Khan, Moiz Khan and Asif Irfan Satti, who were absconders and are involved in illegal removal/replacement of seized betel nuts from state warehouse. On June 21, 2019, the counsels of above mentioned suspects appeared before the court and moved ... Read More »

Customs Court sends suspects to jail in smuggling case

KARACHI: The Customs Court sent suspects namely Amanullah son of Faiz Ullah and Saifullah son of Faizal Kareem to Central Jail on judicial remand who were booked in a case of attempting to smuggle non-duty paid 6360 kilograms betel nuts smuggling case. On June 21, 2019, investigation officer of ASO NMB Wharf, Karachi produced the above-mentioned suspects before the court ... Read More »

SHC directs officials to act as per law on petition filed by M/s Khafid Garments

KARACHI: The Sindh High Court (SHC) directed customs officials to conduct themselves strictly in accordance with law and process consignments of the petitioner as per law on a petition filed by M/s Khafid Garments against suspension of sales tax registration and seeking consignments of finished fabrics. On June 20, 2019, a two-member bench, headed by Justice Aqeel Ahmed was hearing ... Read More »

Customs JIAP recovers heroin from ladies bag booked by M/s DHL Courier Service

KARACHI: The staff of the Drug Enforcement Cell (DEC) deputed at Customs Collectorate Jinnah International Airport (JIAP) thwarted smuggling of narcotics to the foreign country. According to the details, on the tip-off by higher authorities, the staff of the Drug Enforcement Cell (DEC) posted at JIAP beefed up the security as well as surveillance to turn down any attempt of ... Read More »

WeBOC token to be charged Rs500 instead of Rs250 from July 1

KARACHI:  Collecorate of Customs Appraisement East deputy collector issued public notice under Section 111 (b) of the Customs Act, 1969. The notice stated that importers who failed to ex-bond the goods under prescribed time as envisaged under Section 98 of the Customs Act, 1969 and violated Section 86 and 98 of the Customs Act, 1979 are hereby required to pay ... Read More »

NAB seeks court’s permission to arrest Sharjeel Memon in new inquiry

KARACHI: The National Accountability Bureau (NAB) on Friday approached an accountability court in Karachi seeking a No-Objection Certificate (NoC) to arrest imprisoned former provincial information minister Sharjeel Inam Memon. Memon, a former PPP minister, is being held at Karachi’s Central Jail as he faces trial in a Rs5 billion corruption reference regarding the award of Sindh government’s electronic media awareness ... Read More »

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

KARACHI: The Customs Court approved after arrest bail of suspect namely Farhan Ghouri son of Hafiz Ur Rehman against the surety of Rs 100,000 and directed him to appear before the court on next date of hearing, who is booked in a case of attempting to smuggle contraband betel nuts. On June 18, 2019, counsel for the accused moved bail ... Read More »

QICT, Maersk show criminal intent by taking illegal demurrage & detention charges: Faiz Mohammed

PESHAWAR: The Federal Government should force provincial government of Sindh and law enforcement agencies to stop extra demurrage and detention charges taken by M/s Maersk Pakistan shipping line and QICT officials even after clearance of legally imported consignments by Customs. Importers have approached FIA and NAB against the corruption by these entities causing loss of billions to the national exchequer. ... Read More »

Customs I&I impounds smuggled betel nut worth Rs18.06m near Hub Chowk

KARACHI: Directorate of Customs Intelligence and Investigation has seized huge quantity of smuggled betel nut (Areca) worth Rs18.06 million. According to the details, Director Irfan Jawaid received credible information that attempt would be made to transport smuggled betel nut from Baluchistan to Karachi. He constituted a team under the supervision of Additional Director Ali Zaman Gardezi which also include Principal ... Read More »

Customs Court approves remand of suspects in smuggling case

KARACHI: The Customs Court approved physical remand of suspects namely Amanullah son of Faiz Ullah and Saifullah son of Faizal Kareem and sent them back to customs lock-up, who were booked in a case of attempting to smuggle non-duty paid 6360 kilograms betel nuts. On June 19, 2019, investigation officer of customs preventive NMB Wharf, Karachi produced the above mentioned ... Read More »

NAB files reference against Rauf Siddiqui, others

KARACHI: The National Accountability Bureau (NAB) filed the reference pertaining to illegal appointments in Sindh Small Industries Corporation (SSIC)  against Muttahida Quami Movement-Pakistan (MQM-P) leader Rauf Siddiqui and others, before the administrative judge of Karachi’s accountability courts. The court accepted the reference and issued arrest warrants for the accused who are on the run. These include SSIC Regional Director Syed ... Read More »

SHC directs not to take action against M/s Bashir Pipe Industries (Pvt) Ltd

KARACHI: The Sindh High Court (SHC) directed customs department not to take any adverse action against the petitioners for the recovery of impugned demand till the next date of hearing on a constitutional petition filed by M/s Bashir Pipe Industries Private Limited and other importers against impugned recovery of anti-dumping duties. On June 19, 2019, a two-member bench, headed by ... Read More »

Customs Court approves physical remand of suspects involved in betel nuts smuggling

KARACHI: The Customs Court sent suspects namely Niaz Muhammad Brohi and Muhammad Hanzala to customs department on physical remand arrested in a case of attempting to smuggle non-duty paid 13,600 kg betel nuts smuggling case. On June 18, 2019, investigation officer of customs preventive produced them before the trail court and informed that on an actionable information, customs team intercepted ... Read More »