Thursday , February 20 2020
Breaking News
Home / Lahore (page 50)

Lahore

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 seeks arguments in tax refund appeal

LAHORE: The Federal Tax Ombudsman (FTO) on Friday has sought arguments from Regional Tax Office in case filed by M/s Murshed Farm Industries against the Regional Tax Office, (RTO-II) Lahore. The counsel for the appellant argued that the RTO had failed to release the sales tax refund claims to the appellant for the last two years. He said that RTO-II ... Read More »

Lahore I&I to hold auction of non-customs paid vehicles on 27th

LAHORE: Directorate of Customs Investigation and Intelligence will hold auction of millions of rupees 19 non-customs paid luxury cars on June 27. Sources told Customs Today that the details of the cars along with their models and registration numbers included 2003 model Mercedes Benz S320, 1997 model Mercedes Benz E-240, 2000 model Mercedes Benz S500 car, 2003 model Mercedes Benz ... Read More »

Customs Court approves physical remand of accused involved in ACs smuggling case

LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling handed over accused Majid Ali to Customs Investigation & Prosecution team for two days more for interrogation in a case of smuggling of huge quantity of air conditioners. According to details accused was produced before the court by customs team where they asked for extension of his physical remand for ... Read More »

FTO hears sales tax refund appeal filed by M/s Creative Electronics

LAHORE: The Federal Tax Ombudsman (FTO) on Thursday heard review petition in complainant number 0486/LHR/ST/2015. The appeal was filed by M/s Creative Electronics Private Limited against the Large Taxpayer Unit (LTU). According to the details, FTO Advisor Muhammad Zahiruddin heard the case in which the counsel for the appellant argued that the LTU had failed to satisfy the appellant in ... Read More »

Customs Appellate Tribunal rejects appeals in imported sports goods

LAHORE: Customs Appellate Tribunal on Thursday dismissed all the three appeals filed by deputy director, Directorate of Customs Post Clearance Audit (PCA) Lahore versus M/s Aqeel Plastic Industries, Shah Alam Market, M/s Zain Enterprises and Collector of Customs (Appeals) Lahore. Omer Arshed Hakeem, member judicial bench-II heard the arguments from conusels of appellant and respondents and decided all the three ... Read More »

Customs I&I impounds non duty paid LEDs, TV kits

LAHORE: Directorate of Customs Investigation and Intelligence Lahore has impounded non customs paid LEDs, DVDs from Hall Road and registered FIR against the accused persons. Sources told Customs Today that during routine checking the customs authorities intercepted a Suzuki pickup LED 3872 and recovered from the van millions of rupees illegally imported LEDs, DVDs and other such items. The sources ... Read More »

Customs Preventive seizes huge quantity of NCP dry batteries, welding rods

LAHORE: Collectorate of Anti-Smuggling Organization has impounded millions of rupees non-customs paid welding rods and dry batteries. Sources told Customs Today that Collector Preventive Faiz Ahmad received credible information about some smuggling attempts. He immediately constituted a team to foil attempt of smuggling.  The ASO team raided a godown located at Brandrath Road and recovered illegally imported Rs 07 million ... Read More »

LHC restores FBR investigation wing’s powers

ISLAMABAD: A division bench of the Lahore High Court has set aside the judgment of the single bench and restored the powers of Directorate General Intelligence & Investigation of Inland Revenue. The division bench, comprising of Justice Abid Aziz Sheikh and Justice Faisal Zaman, set aside the judgment on the ground that without the issuance of mandatory notice to the ... Read More »

Asad Kharal senior journalist associated with Customs Today attacked after unveiling mega scams

LAHORE: Senior journalist and anchorperson Asad Kharal was attacked by ‘masked men’ near Allama Iqbal International Airport in the wee hours of Wednesday. Superintendent of Police (SP) Cantonment Bilal Zafar said: “We have received a complaint of an incident claiming Kharal was tortured by unidentified men.” The senior journalist was on his way home from the airport when his vehicle ... Read More »

Customs ASO seizes huge quantity of non-duty paid mobile phones

LAHORE: Customs Collectorate of Preventive Anti-Smuggling Organization (ASO) seized large quantity of smuggled mobile phones in an enforcement activity. Sources told Customs Today that a team on directions of Collector Customs Faiz Ahmad received credible information regarding movement of smuggled goods. He immediately directed ASO Agha Qadeer to tighten the vigilance. The ASO staff raided a house near Karin Hospital ... Read More »

Customs Preventive foils bid to smuggle auto-parts, cloth near Babu Sabu Interchange

LAHORE: Collectorate of Customs Preventive Anti-Smuggling Organization (ASO) impounded millions of rupees illegally imported auto-parts, cloth, chemicals from Babu Sabu Interchange on Monday. Official sources told Customs Today said that on the information of Collector of Customs Preventive Faiz Ahmad the ASO team number-3 intercepted a passenger bus bearing registration no: LES/ 16-7987 of Niazi Bus Service on Daweoo bus ... Read More »

Customs Preventive transfers superintendents, inspectors

LAHORE: Customs Collectorate of Preventive Deputy Collector Headquarters Muhammad Moazzam Raza issued notification to transfer superintendents and inspectors with immediate effect. According to the notification no: 01/HRD/Estt/82/2016-17/496 services of Superintendent Mohammad Nasir Minhas who is currently posted at Air Freight Unit of Allama Iqbal International Airport put at the disposal of the Additional Collector Wagha while Superintendent Arshad Mehmood also ... Read More »

Deputy Collector Moazzam Raza undertakes transfer, postings

LAHORE: Collectorate of Customs Preventive Deputy Collector Muhammad Moazzam Raza has issued a notification according to which six employees are transferred with immediate effect. According to notification no: 01-HRD/Estt/82/2016-17/495 Office Superintendent Muhammad Saeed who is currently posted at Land Freight Unit has been transferred to Air Freight Unit of Allama Iqbal International Airport. Upper Division Clerk Aslam Khan son of ... Read More »

FTO advisor hears implementation appeal against CRTO

LAHORE: Federal Tax Ombudsman (FTO) on Saturday has heard the implementation appeal against the Corporate Regional Tax Office(CRTO). 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 appellant since last two years. He said the RTO-II collected excessive taxes from the company during the last ... Read More »

Customs Appellate Tribunal rejects appeal in imported heaters case

LAHORE: Customs Appellate Tribunal on Saturday has dismissed the appeal filed by M/s DE Technics Private Limited against the Collector of Customs MCC, (Preventive) Lahore, Collector of Customs (Appeals) Lahore and others. Omer Arshed Hakeem, member judicial bench-II heard the arguments from appellant and respondent and passed judgement with remarks that appellant has failed to establish allegations by him and ... Read More »

Customs Appellate Tribunal decides appeal in seized gold case

LAHORE: Customs Appellate Tribunal on Monday has dismissed the appeal in seized gold case. The appeal was filed by Rubina Mubasher, a resident of Hafizabad against Collector of Customs (Preventive) and others. Saud Imran Ahmed, member technical bench-I, heard the arguments from both sides and decided the case with remarks that appellant has failed to produce relevant documents to prove ... Read More »

CJP Nisar summons FBR chief with record of vehicles used by officials

LAHORE: Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Saturday summoned Federal Board of Revenue (FBR) Chairman Tariq Pasha along with record of vehicles used by officials in the next hearing. During the hearing at Supreme Court Lahore Registry, the chief justice said that he knows that officers of FBR, Excise, Customs and Taxation departments use smuggled cars. “I ... Read More »

Customs Preventive transfers eighteen inspectors with immediate effect

LAHORE: Collector Customs Collector issued notification to transfer eighteen inspectors of Customs Collectorate of Preventive to different locations. According to a notification no: HRD/Estt/82/2016-17/488 Inspector Syed Shahid Abbas Shah who is currently performing his duties at Headquarters is hereby transferred to Anti Smuggling Organization. Inspector Muhammad Khalid Siddiqui Air Freight Unit to Land Freight Unit, Inspector Mahmood Tippu from AFU ... Read More »

Pak-India trade plunges to $1.25b during current fiscal year

LAHORE: Trade activities between Pakistan and India have slowed down in current fiscal year of 2017-18, as the bilateral trade between the two rival nations has dropped to $1.25 billion from $2.4 billion of five years ago in 2013. Sources in trade and industry said that Pakistan and India are presently doing a total bilateral trade of around $5 billion ... Read More »

Four customs superintendents transferred

LAHORE: Collector Customs Collectorate of Preventive issued a notification according to which four customs superintendents are transferred to different stations with effect from June 1, 2018. According to notification no: 01/HRD/Esstt/ 2016-17  Superintendent Muhammad Javaid Iqbal who is currently performing his duties at Railway Station T-10 is hereby transferred to Land Freight Unit (LFU)  (Export and Transit) branch, Superintendent Arshad ... Read More »