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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 adhering to policy of ‘zero tolerance against tax evasion’

KARACHI: Pakistan Customs is strictly following the directives of Federal Board of Revenue (FBR) and fully adhering to the policy of “zero tolerance against tax evasion”. This was stated by Collector Model Customs Collectorate (MCC) Appraisement-West Muhammad Saleem while talking to Customs Today at his office in Customs House, Karachi. Collector MCC-Appraisement (West) informed that Pakistan Customs has evolved a ... Read More »

Govt to expand fishing business, exports: Michael

KARACHI: Federal Minister for Ports and Shipping Kamran Michael has said that the government is evolving a fresh fisheries policy with a clear view to augment export of the country’s key seafood products especially tuna and shrimp species. Being the chief guest at a seminar on Promoting Rights Based Approaches for Fishermen, jointly organised by WWF-Pakistan and Marine Fisheries Department ... Read More »

Karachi business community suggests railway track for ATT

KARACHI: Prominent figures from Karachi’s business community including former President of Karachi Chamber of Commerce and Industry (KCCI), and former Chairman of Sindh Board of Investment (BoI) have suggested that all cargo coming under Afghan Transit Trade (ATT) should be dispatched to Afghanistan through freight trains. Former Sindh BoI chairman Muhammad Zubair said that previously Pakistan Railways was pushed back ... Read More »

Police again ‘confiscate’ containers to block roads

KARACHI: Police and law enforcement agencies have once again ‘confiscated’ containers and heavy vehicles from the transporters to block the main roads in the backdrop of countrywide protests against the Rawalpindi incident. The confiscation of containers and other heavy vehicles causing troubles to the importers, exporters and transporters, and also halted trade activities in the country. In Karachi, the roads ... Read More »

MCC’s unique electric boat left defunct for years

KARACHI: ‘Barbarossa’, an electric boat with unique name and efficiency had been left defunct at ‘Ghans Bandar’ for almost 20 years. The boat Barbarossa had been included in the fleet of the Model Customs Collectorate (MCC) Preventive in 1989 and after passing few years it had been non-operational for Pakistan Customs. One of the senior officials in MCC Preventive told ... Read More »

BLA may be involved in kidnapping of Customs officials: Sources

KARACHI: The involvement of Balochistan Liberation Army (BLA) could not be ruled out in the abduction of six Customs officials, as they were involved in such illegal activities and crimes in same area in the recent past, sources said. Pakistan Customs sources told Customs Today that soon after the incident the law enforcement agencies started search operation to recover these ... Read More »

IATF meeting discusses strategy to curb menace of smuggling

KARACHI: An important meeting of the Inter Agency Task Force (IATF) was held at Regional Directorate of Anti Narcotics Force (ANF), Clifton, Karachi as a part of Operation “Umeed-e-Nau”, which was chaired by Frontier Constabulary (FC) Brig Muhammad Abuzar of ANF, Karachi. The meeting was also attended by the Deputy Director General, Headquarters Pakistan Rangers, Sindh; the Director General, Headquarters ... Read More »

Customs House to remain open on Saturday

KARACHI: Customs House and all related offices of Federal Board of Revenue (FBR) shall remain open on Saturday (November 23). According to the notification issued by FBR, importers and exporters can deposit their taxes and duties on Saturday. The decision has been taken due to four consecutive holidays last week. Karachi Chambers of Commerce and Industry (KCCI), Karachi Customs Agents ... Read More »

Customs valuations of different chemicals issued

KARACHI: The Directorate General of Customs Valuation has determined the Customs values of chemicals in the Valuation Ruling (VR) No. 609/2013 under Section 25-A of the Customs Act, 1969. The department has issued the Valuation Ruling of around 26 chemicals including Boric Acid having PCT 2810.0020, proposed PCT for WeBOC is 2810.0020.1000 and Customs Values (C&F) at $0.90 per kilogram ... Read More »

Online taxpayers in worry

KARACHI: The government has granted exemption to the taxpayers having an annual income of less than one million rupees. However, it has not yet been updated on FBR’s official website due to which the taxpayers are facing problems in filing their income tax returns. FBR’s official website is not accepting income tax returns without wealth statement which is not required ... Read More »

Directorate of Reforms & Automation for bringing drastic changes in WeBOC

KARACHI: The Directorate of Reforms and Automation, Customs House, Karachi, which was previously known as WeBOC Project is putting strenuous efforts to bring drastic changes in WeBOC by including remaining modules of One Customs like baggage, auction, jewelry and gems, import/export and Afghan Transit Trade. One of the Customs officials in the Directorate of Reforms and Automations told Customs Today ... Read More »

MCC Preventive seizes smuggled goods worth Rs24,950,000

KARACHI: The Model Customs Collectorate (MCC) Preventive seized the smuggled goods including diesel, foreign currencies and heroin worth Rs 24,950,000 during its anti-smuggling raids on November 5 and 7. According to the details, a team of Anti-Smuggling Organisation (ASO) under the supervision of MCC Preventive officials raided at Jewani, Gwadar Port and seized a launch Al-Zakaria from deep sea containing ... Read More »

Directorate General Customs I&I uncovers under-invoicing scandal

KARACHI: The Directorate General of Intelligence & Investigation (Customs) Karachi has uncovered a scandal of under-invoicing on the import of kraft liner board and sack kraft paper. Meanwhile, Directorate General of Customs Valuation Karachi has released new Customs values of above said items under section 25-A of the Customs Act, 1969 for accurate assessment of Customs duty at import stage. ... Read More »

Suspension of 13 SPOs, POs of MCC Port Qasim flayed

KARACHI: The Senior Preventive Officers (SPOs) and Preventive Officers (POs) have expressed their concerns over the suspension of their 13 colleagues for allegedly clearing 40 to 45 consignments without duty tax during 2012-13. One of the SPOs while talking to Customs Today said that it is a injustice to suspend the SPOs and POs only, as the Principal Appraisers (PAs) ... Read More »

Goods transporters call off strike after successful talks with Ishaq Dar, Governor Sindh

KARACHI: Goods transporters have called off their prolonged strike after successful talks with Finance Minister Ishaq Dar, Governor Sindh Ishratul Ebad, Ports and Shipping Minister Kamran Michael and other high officials of Sindh Government. Shakoor Alam, senior member of United Goods Transporters Alliance, while talking to Customs Today confirmed that they have called off their strike after successful talks with ... Read More »

Over 200 containers ‘confiscated’ by police during Muharram

KARACHI: The city police have started confiscating containers and heavy vehicles forcibly for cordoning off the main arteries and roads owing to security reasons on 8th, 9th and 10th Muharram amid the strike called by the transporters’ bodies. According to the survey conducted by Customs Today, the Karachi Police have impounded over 200 containers to block some major roads and ... Read More »

Transporters vow to continue strike till acceptance of demands

KARACHI: The country’s poor economy is undergoing another bad period, as the strike of United Goods Transporters Association (UGTA) and its other ally bodies has entered the seventh consecutive day. The leaders of transporters’ bodies, during the demonstration at Kharadar truck stand, have vowed to continue their strike till the fulfilment of their demands. Addressing to the protesting transporters, UGTA ... Read More »

TCP seals another deal on urea import

KARACHI: Trading Corporation of Pakistan (TCP) has sealed another deal for the import of 0.1 million tons of urea and accepted the bid of M/s Keytrade. M/s Keytrade’s bid was the lowest among three others as it offered bid of $352.80 per ton and it also deposited the bid guarantee. M/s Dreymore Fertilizer’s bid was the second lowest with $354.46 ... Read More »

Customs values of arms, ammunition, gas stoves issued

KARACHI: The Directorate General of Customs Valuation, Customs House Karachi has determined the Customs Values of arms and ammunition (Pistols 9mm and 30 Bore of Chinese origin) and gas stoves including its parts through Valuation Rulings No. 608/2013 and 607/2013 respectively under Section 25-A of the Customs Act, 1969. The Customs Value (C&F) of the Pistol 9mm, (Chinese origin) having ... Read More »

All NBP branches to receive Customs duty payments in Karachi

KARACHI: Importers and Customs agents are being given facility of paying customs duty and other payment at all the designated branches of National Bank of Pakistan in Karachi. Pakistan Revenue Automation (Pvt) Limited (PRAL) is working on the process to facilitate the taxpayers and in this regard, all the NBP-designated branches will start receiving payments from the next month. Earlier, ... Read More »