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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

FTO puts off tax refund appeal hearing against RTO Sialkot till next date

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by one Muhammad Tufail against the Regional Tax Office (RTO) Sialkot by the next date of hearing. FTO Advisor Mian Munawar Ghafoor heard the petition in which counsel for appellant argued that the RTO Sialkot has not released the refund to the appellant since two years. ... Read More »

Customs Court approves judicial remand of accused involved in smuggling

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has approved 14 days judicial remand of the accused, who was arrested in smuggling of cigarettes, cloths, mobile phones and some other items as well. According to details an accused Muhammad Hassan was arrested by the Customs Intelligence authorities from Lahore. Customs Intelligence authorities conducted an operation near Band ... Read More »

Customs Appellate Tribunal adjourns hearing of nine cases

LAHORE: The Customs Appellate Tribunal (single & double) bench heard nine cases Wednesday and adjourned all for different dates without those cases whose verdicts were reserved. The division bench-II, comprising Omer Arshad Hakeem, Member Judicial and Imran Tariq, Member Technical, heard all nine cases including Directorate Post Clearance Audit (PCA) Lahore versus Fasna Impex, Raja Qaiser versus Customs Sialkot, Imran ... Read More »

Collector Preventive Faiz assigns guard duty to inspectors, sepoys

LAHORE: Customs Collectorate of Preventive Collector Faiz Ahmad issued a notification in which he placed various inspectors and sepoys for guard duty and directed them to report to chief security officer Customs House Headquarters for their duty. Those who are directed to report to the chief security officer include Inspector Mohammad Ashraf, Inspector Mohammad Asif, Inspector Mohammad Farooq Anjum, Inspector ... Read More »

Customs Court imposes penalty on suspect in mobile phones smuggling case

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has imposed a penalty of Rs 200,000 on a Chinese citizen who was arrested by the Customs Intelligence from Mall Road when they foiled an attempt of smuggling of foreign made mobile phones. According to details available with Customs Today, on the basis of proofs and witnesses on Tuesday ... Read More »

FTO postpones hearing of appeal filed by M/s Hunza Sugar Mills

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Hunza Sugar Mills (Private) Limited against the Large Taxpayer Unit (LTU) until the next date of hearing. The same was heard last month and was put off for the next date. According to the details, FTO Mian Munawar Ghafoor heard the case in which ... Read More »

CAC Summit will help promote agriculture sector in Pakistan: Malik Tahir Javed

LAHORE: “We are aware of limitation of resources, extent of challenges and lack of awareness among the farmers to move to modern technologies in agriculture sector, said Malik Tahir Javaid, president of the Lahore Chamber of Commerce and Industry (LCCI) on Monday. Addressing the third CAC Pakistan Summit and Exhibition at the Expo Centre, he said that it was the ... Read More »

Customs AFU fails to achieve revenue collection target of November

LAHORE: The Pakistan Customs Air Freight Unit at Allama Iqbal International Airport has collected Rs 871 million during the month of November which is less than the assigned target for November of financial year 2017-18. Sources told Customs Today that Air Freight Unit has failed to achieve the target of Rs 900 million but recovered only Rs 871 million which ... Read More »

Customs Court approves remand of suspect in mobile phones smuggling case

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has approved a 14-day judicial remand of a suspect who was arrested in a mobile phones smuggling case in Lahore. According to details, the suspect, identified as Muhammad Nawaz, an Afghan citizen, was arrested by the customs intelligence authorities from Lahore when he was coming to supply a huge quantity ... Read More »

Customs Appraisement earns Rs 3,334m in November

LAHORE: The Collectorate of Customs Appraisement has attained growth of 9 percent during the month of November of financial year 2017-18 as compared to the corresponding month of the fiscal year 2016-17. The Customs Appraisement has collected customs duty of Rs 3,334 million in November against the Rs 3,223 million collected during the same period of financial year 2016-17. The ... Read More »

Customs recovers alcohol, mobile phones from passengers at Lahore airport

LAHORE: The Customs officials have confiscated as many as 23 alcohol bottles and dozens of mobile phones from passengers travelling via different flights during various operations at Allama Iqbal International Airport. Sources told Customs Today that the flights were coming from Dubai to Lahore, Turkey to Lahore, Jeddah to Lahore and Muscat to Lahore. The customs team took action in ... Read More »

LHC says Commissioners-IR have powers of independent audit

LAHORE: The Lahore High Court (LHC) has said that the Commissioners Inland Revenue have independent powers to select cases for audit under section 177 of the Income Tax Ordinance, 2001 in addition to selection by Federal Board of Revenue (FBR) through computer ballot under section 214C. Commissioners Inland Revenue’s powers to select cases for audit under section 177 of the ... Read More »

Customs fails to implement court order regarding suspension of RD

LAHORE: Pakistan FMCG Importers Association (PFIA) has claimed that the Lahore High Court (LHC) orders of suspension of the Regulatory Duty (RD), levied by the government on several items being imported in the country, is not being implemented by the customs department. Talking to media on Monday PFIA President Anjum Nisar, Patron in Chief Naseem Chawala and Vice Chairman Ejaz ... Read More »

Namaz-e- Janaza of Member Customs Zahid Khokhar held

LAHORE: Namaz-e- Janaza of beloved father of Federal Board of Revenue Member Customs Zahid Khokhar was offered at Shere Shah Block Garden Town here on Sunday. The father of the Member Customs Sardar Muhammad Khokhar expired on Saturday and was buried on Sunday. Member Customs himself offered Namaz-e- Janaza. People from all the walk of life including journalists, politicians, businessmen, ... Read More »

Customs, E&T to allot 500 tampered luxury cars to public officers

LAHORE: Collectorate of Customs Lahore and Excise and Taxation Department have decided to allot confiscated tampered 500 luxury vehicles to public sector officers, sources told Customs Today . Sources told that the decision has been taken in a joint meeting held between the Customs and Excise and Taxation department. It is said that Excise and Taxation department has evolved strategy ... Read More »

Customs Court sends two suspects to jail in cloth smuggling case

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling on Saturday sent two suspects to jail on 14 days judicial remand. According to details available to Customs Today, the suspects, Rehmat Ali and Nasir Khan, were arrested by the Customs Intelligence team. After arresting the accused, Customs Intelligence started investigations against them and got their physical remand. The ... Read More »

Customs Court imposes penalty on a Korean citizen involved in currency smuggling

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has imposed a penalty on a Korean citizen arrested who was arrested red handed from Allama Iqbal International Airport while making an attempt to smuggle foreign currency from Lahore to Bangkok. According to details available to Customs Today on Wednesday the Special Court of Customs Taxation and Anti Smuggling ... Read More »

Customs Court extends date of hearing of the accused in under invoicing case

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling adjourned hearing of the case of the alleged tax evader for Monday whose post arrest bail plea was approved. According to details available to customs today accused Muhammad Saqlain was involved in under invoicing in import of goods. He was arrested while trying to flee from country last month ... Read More »

FTO hears appeal of hears appeal filed by M/s Khan Traders against RTO-II

LAHORE: Federal Tax Ombudsman (FTO) Advisor Incharge Haji Ahmed has heard a case filed by proprietors of M/s Khan Traders against the Regional Tax Office (RTO-II) Lahore and adjourned it until the next date of hearing. During the proceedings of case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the ... Read More »

Customs Court approves judicial remand of accused involved in mobile smuggling

LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling has approved 14 days judicial remand of two accused persons who were arrested during smuggling of mobile phones and some other items as well from Lahore. Muhammad Din and Fayaz Ali were arrested by the Customs Intelligence from Lahore when they were coming through motorway. They were intercepted by ... Read More »