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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

Govt should take measures to expand tax net, facilitate IRS: Additional Commissioner Bushra Fatima

LAHORE: Government should increase workforce in Federal Board of Revenue (FBR) to streamline the output. Officers of Inland Revenue Service (IRS) are more competent and hard working. Government should facilitate the IRS officers like other services i.e. District Management Group (DMG), police and others. This was stated by Additional Commissioner Inland Revenue Zone-III Bushra Fatima during an exclusive interview with ... Read More »

FTO hears tax refund complaint filed against RTO-II

LAHORE: The Federal Tax Ombudsman (FTO) summoned the parties with evidences in a case filed by proprietor of M/s R&A International against the Regional Tax Office-II (RTO-II) Lahore on the next hearing. On 19.5.2018 FTO Advisor Muhammad Zahiruddin heard the case in which the counsel for the appellant argued that the CRTO has not released the refund to the appellant ... Read More »

Customs Appellate Tribunal hears 20 regular cases

LAHORE: The Customs Appellate Tribunal division bench-I heard two stay petitions and 20 cases filed by different parties against customs departments. On 19.9.2018 Customs Appellate Tribunal division bench-II comprising Member Judicial, Muhammad Shabbir Gujjar and Member Technical Saud Imran conducted the proceedings of the tribunal. During the hearing the bench heard two stay petitions filed by Ataul Qadoos Khan versus ... Read More »

FTO hears appeal filed by M/s Marjan Trading Company against RTO-II

LAHORE: Federal Tax Ombudsman (FTO) on Wednesday heard implementation appeal filed by M/s Marjan Trading Company against the Regional Tax Office (RTO-II) Lahore and adjourned it until the next date of hearing. On 19.9.2018, 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 ... Read More »

Customs Appellate Tribunal hears 17 cases on Tuesday

LAHORE: The Customs Appellate Tribunal division bench-II on 18.9.2018  hear 17 cases and adjourned all for different dates without those cases whose verdicts were reserved. The division bench-II, comprising Member Judicial Omer Arshed Hakeem and Member Technical Muhammad Sadiq heard all seventeen appeals including Muhammad Tariq Shiekh versus Directorate of Intelligence & Investigation Lahore, Salman Butt versus Directorate of Intelligence ... Read More »

FTO seeks relevant record refund appeal filed by M/s Rawal Traders

LAHORE: Federal Tax Ombudsman (FTO) sought relevant record from parties of implementation appeal filed by M/s Rawal Traders Shiekhupura against the Regional Tax Office (RTO-II) Lahore. On 18.9.2018, 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 ... Read More »

FTO hears appeal filed against RTO Sargodha

LAHORE: The Federal Tax Ombudsman (FTO) heard implementation appeal filed by Nasar Abbas against the Regional Tax Office (RTO) Sargodha. FTO summoned parties on next date of hearing with complete record for final arguments. According to the details, on 17.9.2018, FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the RTO Sargodha ... Read More »

FTO summons parties in tax refund appeal filed by M/s Urdam Tours & Traders

LAHORE: The Federal Tax Ombudsman (FTO) has called the parties with evidences in a case filed by M/s Urdam Tours & Traders Private Limited against the Corporate Regional Tax Office (CRTO) Lahore on the next hearing. FTO Advisor Mian Munawar Ghafoor heard the case filed by the appellant in which the counsel for the appellant argued that the CRTO has ... Read More »

FBR should withdraw recently imposed Regulatory Duty on essential items: LCCI President

The process to get refunds is so lengthy & cumbersome that sometimes takes months for a manufacturer or an exporter to get his own money back: Malik Tahir Javaid LAHORE: Customs Intelligence Units of the Federal Board of Revenue (FBR) and anti-smuggling officials should refrain from conducting illegal raids. The delay in release of huge funds that run into billions ... Read More »

Customs seeks early hearing of appeal filed against M/s Yummy Milk Products (Pvt) Ltd

LAHORE: Customs department sought early hearing of appeal filed against M/s Yummy Milk Products Private Limited, Lahore. The appeal was filed by the department on some discrepancies. The case is pending before the Customs Appellate Tribunal for many years. On 14.0.2-18, deputy collector of Customs (G-IV) wrote letter to the assistant registrar of Customs Appellate Tribunal Lahore for early hearing ... Read More »

FTO hears appeal filed against RTO Sargodha

LAHORE: The Federal Tax Ombudsman (FTO) heard a review petition filed by Nasar Abbas against the Regional Tax Office (RTO) Sargodha. FTO will hear the same case on the next date of hearing with complete arguments from both parties. According to the details, FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that ... Read More »

FTO hears tax refund appeal filed by M/s Volta Dies Moulds against CRTO

LAHORE: The Federal Tax Ombudsman (FTO) heard an appeal filed by M/s Volta Dies Moulds against the Corporate Regional Tax Office (CRTO) and adjourned the hearing until the next date. On 13.9.2018, FTO Adviser Mian Munawar Ghafoor heard the case in which counsel for the appellant argued that Corporate Regional Tax Office (CRTO) has failed to release the tax refunds ... Read More »

Heroin smuggling case against Czech model adjourned

LAHORE: An additional district and sessions court on Wednesday adjourned the hearing of a heroin smuggling case against a Czech model who was arrested at Lahore airport while allegedly trying to smuggle 9 kilogram heroin. The court adjourned the hearing by September 18 as the complainant of the case, a Customs inspector, couldn’t appear before the court due to his ... Read More »

Customs Appellate Tribunal hears eleven cases on Wednesday

LAHORE: The Customs Appellate Tribunal division bench-II heard eleven cases on Wednesday (12.9.2018) and adjourned all for different dates without those cases whose verdicts were reserved. Customs Appellate Tribunal division bench-II, comprising Member Judicial Omer Arshed Hakeem and Member Technical Muhammad Saddiq heard all eleven case including three case filed by M/s Fatima Fertilizers against the Directorate of Post Clearance ... Read More »

Hearing of heroin smuggling case against Czech model adjourned

LAHORE: An additional district and sessions court has adjourned the hearing of a heroin smuggling case against Czech model Tereza Hluskova who was arrested at Lahore airport while allegedly trying to smuggle 9kg heroin. The court adjourned the hearing by September 12 (tomorrow) after recording statement of a prosecution witness. The 21-year-old Tereza Hluskova was attempting to smuggle the heroin ... Read More »

Customs Appellate Tribunal accepts appeal filed by M/s Ali Enterprises

LAHORE: Customs Appellate Tribunal dismissed the show cause notice issued by customs department and accepted the appeals filed by the importers of potatoes. The appeal was filed by M/s New Ali Enterprises against collector of customs (Adjudication) Lahore and deputy collector of Customs (AFU) Wagha. On 10.9.2018, Omer Arshed Hakeem, member judicial bench-II heard the arguments from appellant and respondent. ... Read More »

Customs Appellate Tribunal sets aside ONO in potatoes import case

LAHORE: Customs Appellate Tribunal has quashed show cause notice and accepted the appeals filed by the three importers of potatoes. The appeals was filed by M/s Hamza Traders, M/s M.A Sons and Qaiser Enterprises against collector of customs (Adjudication) Lahore and others. On 7.9.2017, Member Judicial bench-II Omar Arshad Hakeem, heard the stance of all three appellants and decided the ... Read More »

FTO seeks record of case filed by M/s Abuzar Qasim against RTO

LAHORE: Federal Tax Ombudsman (FTO) Advisor Mian Munawar Ghafoor has heard a case filed by proprietor of M/s Abuzar Qasim against the Regional Tax Office (RTO-II) Lahore. FTO has reserve the complaint for next date and called the parties with record. During the proceedings of case on 7.9.2018, the counsel for the appellant argued that the RTO-II had failed to ... Read More »

FTO hears appeal filed by owner of M/s Khyber Hotel against RTO Sargodha

LAHORE: The Federal Tax Ombudsman (FTO) postponed the hearing of a case filed by owner of M/s Khyber Hotel against the Regional Tax Office (RTO) Sargodha until the next hearing. FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the RTO Sargodha has not released the refund to the appellant of the ... Read More »

Minister says Punjab tax reforms to raise confidence of masses

LAHORE: Provincial Minister for Finance Makhdoom Hashim Jawan Bakht has said that the Punjab government’s new tax reforms will surely raise the confidence of the masses on their government. “The circle of accountability will not merely be extended to those who don’t pay tax but also government will be held responsible for every penny which will be spent. Progressive system ... Read More »