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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

DG Valuation Mukkaram Jah’s father-in-law passes away, Namaz-e-Janaza on 27th

LAHORE: Father-in-law of DG Valuation Mukkaram Jah Ansari passed away today after a prolonged illness. His ‘Namaz-e-Janaza’ will be offered after Asar prayers in Khalid Masjid, Cavalry Ground, Lahore Cantt on 27th March, 2019. The entire staff and management of Customs Today expressed their deep sorrow over sad demise of Major Retired Shabbir Ahmad, father-in-law of DG Valuation Mr. Mukkaram Jah Ansari. Major Retired Shabbir Ahmad who was not feeling ... Read More »

LHC orders removal of Shehbaz Sharif’s name from ECL

LAHORE: The Lahore High Court on Tuesday ordered removal of the name of Pakistan Muslim League-Nawaz president Shehbaz Sharif from the Exit Control List. Shehbaz, who is also the leader of the opposition in the National Assembly, had filed a petition in the Lahore High Court last month to have his name removed from the no-fly list. Shehbaz’s counsel earlier ... Read More »

Post Clearance Audit recovers Rs71.60m on account of DTRE from M/s Tetra Pak (Pakistan) Ltd

LAHORE: Directorate of Post Clearance Audit (PCA), Lahore has recovered Rs 71.60 million on account of duty and tax evasion from Duty & Tax Remission for Export (DTRE) user, , official documents disclosed. The document showed that the company engaged in manufacturing of packing material for dairy and juice industries obtained DTRE approval no KCUS/262/20072016 dated 20-07-2016 but raw material ... Read More »

LHC orders petitioner to approach FBR in difference in tax directories case

LAHORE: Lahore High Court (LHC) ordered appellant to approach Federal Board of Revenue (FBR) in case filed against the difference between the Federal Board of Revenue (FBR) Parliamentarian Tax Directory and income tax information shared by FBR with Election Commission of Pakistan (ECP). On 25.3.2019, Justice Furrukh Irfan, heard the petition filed by Muhammad Hussain in which the counsel for ... Read More »

Customs inspector Mansab suspended

LAHORE: The Federal Board of Revenue has suspended Inspector Mansab Shah, Inspector (BS-16) of Collectorate of Preventive with immediate effect for a period of three months. Sources told Customs Today that Inspector Munsab was reportedly caught red-handed on camera while minting money from the smugglers. In exercise of powers conferred under Rule 5(1) of the Government Servants (Efficiency & Discipline) ... Read More »

Customs I&I to hold auction of NDP vehicles on March 27

LAHORE: Directorate of Intelligence and Investigation will hold auction of confiscated vehicles on March 27 at its premises located in Allama Iqbal Town to generate more revenue. Sources told Customs Today that following vehicles and heavy motorbikes will be offered for auction: Mercedes Benz Model 1997, Toyota Progress Model 1999, BMW Model 2003, Toyota Land Cruiser, Model 1992, Honda Civic ... Read More »

Customs to challenge Czech lady jail term in LHC

LAHORE: Customs department has decided to challenge the session court order of eight years and eight months imprisonment of Czech model Teresa in Lahore High Court (LHC). Source told Customs Today that customs department is not satisfied with the imprisonment awarded to Czech lady, adding that customs officers say that smuggling has been proved and all evidences are produced before ... Read More »

FBR & PRA to form body to settle toll manufacturing sales tax issue

LAHORE: Punjab Revenue Authority Chairman Javed Ahmed has said that “We have received a letter from the FBR for naming our representatives on the proposed joint committee to discuss the issue (and determine who – the federal government or the province – actually has a legal claim on sales tax collection on toll manufacturing)”. The Federal Board of Revenue (FBR) ... Read More »

Collector Preventive Ahmad Rauf transfers two appraising officers

LAHORE: Collectorate of Customs Preventive Collector Ahmad Rauf issued orders for transfers of two appraising officers with immediate effect and until further orders. According to notification no: HRD/Estt/82/2016-17/278 dated 22.3.2019, Appraising Officer Tabassum Shahzad is transferred from Land Freight Unit Wagha to Railway Station T-10. Appraising Officer Naveed Ahmad Cheema is transferred from Railway Station T-10 to Land Freight Unit ... Read More »

DC Adjudication Zainab issues SCN to owner of NDP drone, accessories

LAHORE: Collector of Customs Adjudication Deputy Collector Zainab Mehmood Khawaja issued show cause notice (SCN) to owner of non-duty paid drone with accessories. According to the details, the case is forwarded by Superintendent Customs (Traffic) Preventive, Lahore which states that during customs clearance of the passengers coming from Abu Dhabi by flight no: EY-241, one passenger Adnan Raza Bhatti, a ... Read More »

Foreign investors’ refund claims increases 38.7pc during last one year

  LAHORE: The unpaid income tax and sales tax refund claims of some 74 companies owned fully or partially by foreign investors have increased by a whopping 38.7 per cent in last one year from Rs47 billion in February 2018 to Rs64.8 billion. According to a letter written by the Overseas Investors Chamber of Commerce and Industry (OICCI) to the ... Read More »

Govt making fundamental changes in FBR to put economy on right track: Hammad Azhar

LAHORE: The participants of National Management Course (NMC) freely asked questions from Minister of State for Revenue Hammad Azhar and Chairman FBR Mohammad Jehanzeb Khan during their visit to Federal Board of Revenue Office and the questions were candidly and frankly responded by them. A group of fifty five senior civil servants undergoing the 110th National Management Course (NMC), along ... Read More »

Ahad Cheema approaches LHC for bail in assets case

LAHORE: Former Director General Lahore Development Authority Ahad Khan Cheema has approached the Lahore High Court (LHC) for bail in assets beyond means case against him. Ahad Cheema through his bail petition had submitted that National Accountability Bureau (NAB) initially arrested him in connection with Ashiana-e-Iqbal Housing scam despite the fact that he extended complete cooperation to NAB authorities in ... Read More »

Warehouses & container terminals are being monitored: PRA

LAHORE: Punjab Revenue Authority (PRA) Chairman Javed Ahmed has said that various sectors of the economy including warehouses, construction premises and container terminals are being monitored with the help of drone technology. He was referring to newly-introduced Blue Sky thinking initiative during briefing a team of representatives of the International Monetary Fund (IMF), he detailed on the working mechanism, structure, ... Read More »

Session Court sentences Czech woman to 8 years in prison for smuggling heroin

LAHORE: A sessions court in Lahore on Wednesday sentenced Czech national Tereza Hluskova to eight years and eight months in prison and fined Rs 113,000 after she was found carrying eight and a half kilogrammes of heroin last year from Lahore’s Allama Iqbal International Airport. Hluskova was arrested while attempting to smuggle the heroin from Lahore to Abu Dhabi while ... Read More »

Zeba Hai Azhar assures to present LCCI budget proposals to FBR high-ups

LAHORE: Customs Central Region held a meeting with the business community urging them to present their proposals for the upcoming budget 2019-10. Chief Collector of Customs Zeba Hai Azhar presided over the meeting and consulted with the traders about their input for the budget. LCCI Vice-President Fahemur Rehman while presenting the budget proposals urged the government to undertake tariff rationalization, refunds, ... Read More »

Collector Appraisement issues contempt of court notice

LAHORE: Lahore High Court (LHC) has issued contempt of court notice to Collector of Customs Amjid ur Rehman. Justice Aysha A Malik was informed by M/s Febrica that the company’s containers have been seized despite the fact that the company has paid customs duty to get clearance. The court said its order of February is not being implemented. The court ... Read More »

Model Town incident: JIT records Nawaz’s statement in prison

LAHORE: A joint investigation team, formed to probe the Model Town tragedy, on Wednesday recorded the statement of ousted prime minister Nawaz Sharif in Lahore’s Kot Lakhpat prison according to media reports. A five-member JIT, led by IG Motorway AD Khawaja, prepared 22 questions for Nawaz and he was quizzed in his barrack. The JIT had sought formal permission from ... Read More »

No escape for tax evaders, warns Hammad Azhar

LAHORE: Advisor to Prime Minister on Revenue Hammad Azhar has said that there would be no escape for tax evaders and there would be no need for raids by FBR. He said that raids by FBR on business premises have been suspended till March 31, 2019. He advised all those that evaded or understated income to file tax realistic returns. ... Read More »

Ahad Cheema’s judicial remand extended till April 4

LAHORE: An accountability court on Tuesday extended the judicial remand of former director general of Lahore Development Authority (LDA) Ahad Cheema till April 4. The court questioned the investigation officer regarding the status of the final report of the LDA City project. The officer apprised the court that a final report has been prepared which would be submitted in the ... Read More »