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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

Deputy Collector Moazzam Raza transfers 17 employees

LAHORE: Collectorate of Customs Preventive Deputy Collector Moazzam Raza has issued a notification no: 01-HRD/Estt/82/2016-17/314 for transferring 17 employees to different locations. According to the notification, Inspector Ghulam Sarwar Mehdi is transferred from Law Branch to General Branch, Inspector Maqbool Khalid Sheikh is transferred from Law Branch to R&R Branch of headquarters, Inspector Faqir Mohammad from Air Freight Unit of ... Read More »

Superintendents, deputy superintendents, appraising officers transferred

LAHORE: Collectorate of Customs Preventive Deputy Collector Muhammad Moazzam Raza has issued a notification no: 01-HRD/Estt/82/2016-17/312 according to which following employees are directed to report for duty on their new place of posting. Superintendent Muhammad Nasir Minhas is transferred from Airport Traffic to Import Section of Air Freight Unit, Superintendent Bushra Parveen is transferred from Headquarters to Air Freight Unit ... Read More »

Companies allowed import of second-hand machinery, equipment

LAHORE: Construction companies, duly registered with Pakistan Engineering Council, mining, oil and gas and petroleum sectors are allowed to import second-hand plant, machinery and equipment actually required for their projects in Pakistan. The equipment will subject to the pre-shipments inspection in the exporting country by any of the internationally recognized pre-inspection companies listed at Appendix-H to the effect that the ... Read More »

LHC bars FBR to freeze bank account of Pakistan Railways

LAHORE: Lahore High Court (LHC) has restricted the Federal Board of Revenue (FBR) to freeze the bank accounts of being operated by Pakistan Railway (PR) till further order. According to the details, Justice Shahid Jameel Khan heard the appeal which is filed by the Pakistan Railway (PR) in which the counsel for appellant argued that Federal Board of Revenue (FBR) ... Read More »

Customs Intelligence to auction goods, vehicles on 25th

LAHORE: Directorate of Customs Intelligence and Investigation, Lahore has announced to auction confiscated goods and vehicles on April 25. The goods and vehicles which would be auctioned are lying at State Warehouse of Directorate of Intelligence and Investigation, Lahore. Read More »

FTO seeks complete record of case filed by M/s JH Web Developers

LAHORE: Federal Tax Ombudsman (FTO) Advisor Mian Munawar Ghafoor has heard a case filed by M/s JH Web Developers against the Regional Tax Office (RTO-II) Lahore and fix for the next date of hearing with complete record. During the proceedings of case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to ... Read More »

Customs Appellate Tribunal set aside ONO in impounded Toyota Hilux case

LAHORE: Customs Appellate Tribunal has set aside impugned order and accepted the appeal in seized Toyota Hilux double cabin vehicle. The same appeal was filed by Payo Khan against additional collector adjudication and others. Muhammad Shabbir Gujjar, member judicial bench-I, heard the arguments from both parties which they submitted before the tribunal, same appeal was decided with remarks that impugned ... Read More »

Customs Appellate Tribunal reserves verdicts on four appeals

LAHORE: The single and double benches of the Customs Appellate Tribunal heard 18 cases on Thursday and adjourned all for different dates without those cases whose verdicts were reserved. The division bench-II, comprising Omer Arshad Hakeem, Member Judicial and Saud Imran, Member Technical, heard nine cases including M/s Al- Rehman Fabrics versus Directorate Intelligence and Investigation Faisalabad, Raja Qaiser versus ... Read More »

FTO seeks relevant record of appeal filed by M/s Sher-e-Rabbani Ice Factory

LAHORE: The Federal Tax Ombudsman (FTO) has sought relevant record from parties in an appeal filed by proprietor of Sher-e-Rabbani Ice Factory against the Regional Tax Office (RTO-II) Lahore. During the proceedings of the case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant for the last two years. ... Read More »

Customs Appellate Tribunal hears 18 cases on Wednesday

LAHORE: The single and double benches of the Customs Appellate Tribunal heard 18 cases on Wednesday and reserved verdicts on three cases after counsels concluded their arguments. The Division Bench-I, comprising Muhammad Shabbir Gujjar, Member Judicial and Imran Tariq, Member Technical, heard eight appeals including Naveed Cargo versus Collector Customs Lahore, Malik and Sons versus Collector Customs Lahore, Oversight Private ... Read More »

FTO reserves verdict in tax refund appeal

LAHORE: The Federal Tax Ombudsman (FTO) on Wednesday heard a tax refund appeal filed by M/s Abbas Corporation (Private) Limited against Corporate Regional Tax Office (CRTO) and reserved the verdict. According to the details, FTO advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the CRTO had failed to release the tax refund ... Read More »

Sambrial ASO officials accused of receiving graft from legal importers

Collector Rauf vows to take notice and address the issue LAHORE: The Anti-Smuggling Organization (ASO) of Sambrial is allegedly harassing and threatening the importers to get illegal gratification. The importers, on the condition of anonymity, said that on Monday night, the ASO of Collectorate of Symbriyal, established a picket near Kamoke and took a number of legally imported goods to ... Read More »

PRA marks Tax Day: Taxation gateway to development, says Dr Ayesha

LAHORE: Tax Day celebration is a unique initiative by Punjab Revenue Authority to highlight the importance of taxation in the overall macroeconomic framework and to introduce the taxpayers as stakeholder in good- governess. Payment of taxes is a prime responsibility of every individual in the country and the government is responsible for right use of taxpayer’s money. These were the ... Read More »

FTO seeks relevant record of appeal filed by owner of ice factory

LAHORE: The Federal Tax Ombudsman (FTO) has sought relevant record from parties in an appeal filed by proprietor of M/s Javaid Ice Factory against the Regional Tax Office (RTO-II) Lahore. During the proceedings of the case, the counsel for the appellant argued that the RTO-II had failed to release the sales tax refund to the appellant for the last two ... Read More »

FBR recovers Rs3.5m from Rahat Fateh Ali

LAHORE: Federal Board of Revenue (FBR) has recovered Rs 3.5 million from renowned  singer Rahat Fateh Ali Khan. FBR also has started collection of details of property of singer. As per details, Federal Board of Revenue has collected all tax liability of Rs 3.5 million from singer Rahat Fateh Ali Khan. The tax has been collected in different dates but ... Read More »

Customs Intelligence impounds smuggled seeds, electronic items

LAHORE: The Customs Investigation and Intelligence (I&I) has impounded containers carrying smuggled seeds and electronics goods worth millions of rupees from Shera Kot and Multan Road. Sources told Customs Today that Customs teams confiscated containers loaded with electronics goods and seeds from different places.  The sources said that Kangni seeds were brought into the country under the Afghan Transit Trade ... Read More »

Counsels conclude arguments in Hamad Web Developers appeal; judgment expected soon

  LAHORE: The arguments have been completed in a tax refund appeal filed by the Hamad Web Developers against the Regional Tax Office-II (RTO-II). The decision in the same appeal will be announced soon, source told Customs Today. FTO Advisor Haji Ahmed heard the case. The counsel for the appellant argued that the RTO failed to release the Sales Tax ... Read More »

FBR starts auditing Noor’s assets

LAHORE: The Federal Board of Revenue has started auditing assets of film actress Noor and sought details of her accounts from banks. Sources said that the FBR has started audit of the actress’ income tax returns from fiscal year 2013-14. They further said that in year 2013, the actress had over Rs10 million amount in her account of Bank Alflah’s ... Read More »

Tax Day today: Shehbaz says payment of taxes a national obligation

LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif has said that payment of taxes was a national obligation whereas government was responsible for its proper utilization with complete transparency. In his message regarding Tax Day here, he said that resources collected on the basis of paid taxes were used for providing different facilities to the masses. Chief Minister was of the ... Read More »

Tax refund appeal put forward for further hearing

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by Ramzan Khan, a resident of Bhakhar, against the Regional Tax Office (RTO) Sargodha until the next hearing. FTO Advisor Haji Ahmed heard the case in which the counsel for the appellant argued that the RTO Sargodha has not released the refund to the appellant of ... Read More »