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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

Pakistan Customs seizes poppy seeds worth Rs50m

KARACHI: The Pakistan Customs seized 16 tons of poppy seeds from a container of an export consignment at the Karachi Port. Sources in the Customs Intelligence and the Customs Export Collectorate got a tip-off that drug peddlers were trying to smuggle a huge quantity of drugs to The Netherlands via sea. One team each from the two departments was deployed ... Read More »

Pakistan Coast Guards seize Rs12m worth of hashish

KARACHI: Pakistan Coast Guards (PCG) have seized fine quality of hashish from general area of Shadi Kaur, near Pasni, Balochistan. The value of the seized drugs in the local market is Rs12 million, said a PCG press release. On credible information from intelligence resources about the smuggling of narcotics, a seizure was carried out by PCG Special Mobile Patrol. As ... Read More »

FBR asked to release sales tax refunds

KARACHI: Traders have urged Federal Board of Revenue to pay their sales tax refunds pending for the last two years owing to unavailability of electronic link between the provincial sales tax departments and FBR. Towel Manufacturers’ Association of Pakistan (TMA) Chairman Iftikhar Ahmed Malik and Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chairman Amir Amin Kothawala, in their separate ... Read More »

MCC initiates training programme for appraisers

KARACHI: The Model Customs Collectorate (MCC) of Appraisement (West) has started a month-long ‘Extensive Orient Training Programme’ for the appraisers in order to enhance their competency in examining and passing the Goods Declarations (GDs) of the importers. This was stated by Collector MCC of Appraisement (West) Muhammad Saleem while exclusively talking to Customs Today at his office. He said that ... Read More »

Transfers/postings of AC, DCs in MCC-Appraisement (West)

KARACHI: The Model Customs Collectorate (MCC) of Appraisement (West) through an office order No.240/2013-ESTT (A) has re-distributed the work among the Assistant/Deputy Collectors of the MCC of Appraisement (West) with immediate effect and until further orders. According to the details, Muhammad Raza (Deputy Collector) has been designated the task in R&D, AIB and Post Release Verification (PRV) Cell, FTA Cell, ... Read More »

Apex court seeks detailed report on arms import from Customs

KARACHI: A three judges’ bench of the Supreme Court, headed by Chief Justice Iftikhar Muhammad Chaudhry, has sought detailed report from Customs officials about last 3- year imports of arms through sea ports. The bench while hearing Karachi law and order case ordered the Customs officials to submit the report before the bench on Friday (today). The bench remarked that ... Read More »

Customs “one-window system” key to pushing imports, exports: Gen Secy PIFFA

KARACHI: Pakistan Customs should introduce a “one-window system” for the enhancement of imports and exports, where all operations would be performed under one roof. This was stated by Habibullah A. Latif, General Secretary Pakistan International Freight Forwarders Association (PIFFA) during an exclusive interview with Customs Today at his office. PIFFA General Secretary further said that customs operations in foreign countries ... Read More »

New customs values for facial tissue papers issued

KARACHI: Directorate General of Customs Valuation Karachi has issued new customs values, ranging between $1.72 per kg to $2.44 per kg, on the import of facial tissue papers from China, Malaysia and UAE. The Directorate General CV issued valuation ruling to check under-invoicing on the import of facial tissue paper in exercise of the powers conferred under section 25-A of ... Read More »

Customs to install RFID readers, scanners on transit trade routes

KARACHI: Pakistan Customs is going to install RFID readers on Bulaili, Khairabad and Kohat tunnels to enhance the security of the containers. Sources in Pakistan Customs informed Customs Today that the Directorate of Transit Trade has written a letter to Chairman Federal Board of Revenue (FBR) in this regard. They further said that the RFID readers would also be installed ... Read More »

New Customs value on import of stationery items issued

KARACHI: Directorate General of Customs Valuation Karachi has issued new customs value on the import of stationery items from China, Germany, Japan, UK and USA. Directorate General of Customs Valuation Karachi has issued a valuation ruling in exercise of the powers conferred under section 25-A of the Customs Act, 1969. The valuation ruling has superseded valuation Ruling 339/2011. As per ... Read More »

All set to make amendments to WeBOC

KARACHI: All set for making amendments to Customs computerised system, WeBOC, as the office of the Directorate (WeBOC/One Customs) has sent letters to the Collectors of Model Customs Collectorate (MCC) Appraisement-East; MCC-Appraisement-West and MCC-Port Muhammad Bin Qasim in order to call a joint meeting of all three collectorates at the office of the Directorate (WeBOC) on Oct 30 (Wednesday) for ... Read More »

Manual of ports, shipping and admiralty law launched

KARACHI: Pakistan’s trade with different countries could be enhanced further if international laws of trade, Customs and shipping could be fully understood and practiced at local level by traders and businessmen or lawyers on their behalf. This was stated by Judge of Supreme Court of Pakistan Justice Mohammad Ather Saeed, while speaking as a chief guest at the launch ceremony ... Read More »

Customs valuation of toiletries in detail

KARACHI: The Valuation Department of Pakistan Customs has issued new Valuation Ruling (VR) No 596 of the cosmetics and toiletries products. In exercise of the powers conferred under Section 25-A of the Customs Act, 1969, Customs values of low-end and unknown Toiletries are determined as follows : – 1. Background of the valuation issue: The Customs values of toiletries were ... Read More »

Importers face difficulties in filing GDs as WeBOC not working

KARACHI: The importers are facing difficulties in order to file their Goods Declaration (GDs), as the WeBOC System is not working properly. The importers were of the view that their GDs did not proceed throughout the day due to the non-operation of WeBOC, a computerised system. One of the importers while talking to Customs Today said that the WeBOC System ... Read More »

Off-duty letters issued against 2 appraisers of MCC-West, 13 others get warning letters

KARACHI: The Collector Model Customs Collectorate (MCC-West) Muhammad Saleem has issued off-duty letters against two appraising officers and warning letters to 13 other officials including one principal appraiser and 12 appraising officers on the allegation of under voicing in 75 consignments of imports. The sources informed Customs Today that the high officials in MCC-West found that the 15 Customs officials ... Read More »

KCCA committee to take up all issues with Customs high-ups: Iftikhar Shaikh

KARACHI: Newly-elected President Karachi Customs Agents Association (KCAA) Iftikhar Ahmed Shaikh has said that he believes dialogue is the best way to resolve issues with customs authorities and the association is willing to fully cooperate with the Customs Department in this regard. In his first and exclusive interview with Customs Today after his election as KCAA President, Shaikh said that ... Read More »

Amendments in WeBOC almost finalised

KARACHI: The process of making amendments in Web-Based One Customs (WeBOC) System is in its final stage and the WeBOC team of Customs House Karachi has almost finalised all its amendments after the sessions of deliberations with the officials concerned of all collectorates of Karachi. Sources in WeBOC Department told Customs Today that the WeBOC team after consultation with all ... Read More »

New Customs values of cosmetics, toiletries issued

KARACHI: The Valuation Department of Pakistan Customs has issued new Valuation Ruling (VR) No 596 of the cosmetics and toiletries products in just 25 days after the issuance of previous VRs No 588, 589 and 590. The Valuation Department had issued VRs No 588, 589 and 590 of the cosmetics and toiletries items on Sept 30 after conducting a market ... Read More »

New Customs values for polyethylene tarpaulin issued

KARACHI: New customs values for import of ‘polyethylene tarpaulin’ specifically from China, South Korea and Vietnam have been issued by Directorate General of Customs Valuation Karachi under section 25-A of the Customs Act, 1969 to accurately assess the duty. The customs value of ‘PE tarpaulin’ would be $2.50 per kg on import from China & Vietnam and $2.65 per kg ... Read More »

Exports from EPZA soar up to 15pc in Q1

KARACHI: Export Processing Zones Authority (EPZA) has demonstrated improved performance during the first quarter of fiscal year 2013-14. In July, exports from EPZA registered a significant increase of 33 per cent as compared with the figures of last year in the same month. In July 2012-13 export figures from EPZA stood at $21.756 million which increased to $29.041 million during ... Read More »