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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 directs counsels to conclude arguments in case filed by M/s King Ice Cream

LAHORE: The Federal Tax Ombudsman (FTO) has sought relevant record from parties to conclude case in an appeal filed by proprietor of M/s King Ice Cream 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 ... Read More »

Deputy Collector Moazzam Raza assigns guard duty to 29 employees

LAHORE: Deputy Collector Customs Headquarters Mohammad Moazzam Raza issued notification to assign special guard duty to 29 employees. These employees are placed at the disposal Superintendent (Chief Security), Headquarters, Customs House. According to the notification those who are assigned guard duty includes, Inspector Farooq Anjum, Inspector Muhammad Ashraf, Havaldar Muhammad Ashraf Ali Bhatti, Sepoy Malik Muzaffar Ali, Sepoy Muhammad Ali, ... Read More »

Customs Court issues arrest warrants of  accused involved in tyres smuggling

LAHORE: The Special Court of Customs Taxation and Anti-Smuggling issued arrest warrants against Abu Zair alleged owner of a warehouse from where the customs I&I team recovered huge quantity of smuggled tyres and other accessories from Band Road Earlier as per details available to Customs Today Directorate of Customs Intelligence and Investigation team raided a godown located at Bund Road ... Read More »

FTO directs counsels to conclude arguments in tax refund case

LAHORE: The Federal Tax Ombudsman (FTO) directed counsels to conclude their arguments appeal filed by owner of M/s Hafiz Plastic Works against the Regional Tax Office-II(RTO-II) until the next date of hearing. FTO Advisor Mian Munawar Ghafoor heard the case in which counsel for the appellant argued that the Regional Tax Office-II (RTO-II) has failed to release the tax refunds ... Read More »

NAB seeks details of assets owned by Ahad Cheema family from FBR

LAHORE: National Accountability Bureau (NAB) sought assets and tax details owned by family of Ahad Khan Cheema from Federal Board of Revenue (FBR). Ahad Cheema is senior bureaucrat from DMG group who is in custody of NAB on corruption charges. As per details, on Wednesday, National Accountability Bureau (NAB) sought assets details of Ahad Cheema his wife Saima Ahad, sons ... Read More »

Customs Audit Wing merged with IR in AGP

LAHORE: The Customs Auditor Wing merged with Inland Revenue (IR) of Auditor General of Pakistan  with immediate effect. Auditor General of Pakistan has issued a circular that Customs and Petroleum Wing in the office of Auditor General of Pakistan has merged. Customs Wing merged into Inland Revenue Wing and Petroleum Wing merged in the Oil and Gas Development Company Limited ... Read More »

FTO remands back hearing of case filed against RTO Sargodha

LAHORE: The Federal Tax Ombudsman (FTO) on Wednesday has remanded back the hearing of a case filed by Asif Suliman, a government contractor against the Regional Tax Office (RTO) Sargodha until the next hearing. According to the details, FTO Advisor heard the case in which the counsel for the appellant argued that the RTO Sargodha has not released the refund ... Read More »

AFU recovers Rs2.44b in July

LAHORE: The Customs Air Freight Unit collected Rs 2.44 billion on account of duty and taxes which is 25 percent extra than the same tenure of the fiscal year of 2017-18. Sources told Customs Today, that Air Freight Unit has collected this amount under the head of federal excise duty (FED), sales tax (ST) and other charges. It is pertinent ... Read More »

FTO accepts tax refund appeal for hearing filed by M/s Rajpoor Traders

LAHORE: The Federal Tax Ombudsman (FTO) accepted the appeal for hearing filed by the M/s Rajpoor Traders against the Regional Tax Office-II (RTO-II). According to the details, FTO Advisor Mian Munawar Ghafoor heard the case of filed by M/s Rajpoor Traders in which the counsel for the appellant argued that the RTO had failed to release the sales tax refund ... Read More »

Customs I&I seizes non-duty paid tyres from Bund Road

LAHORE: Directorate of Customs Intelligence and Investigation team raided a godown located at Bund Road and recovered huge quantity of non-duty paid tyres. Sources told Customs Today, that Director Customs Intelligence and Investigation Rubab Sikandar received credible information about some smuggling attempts in the region. She immediately constituted a raiding team a godown owned by M/s New Bannu Goods Transport ... Read More »

Customs Appellate Tribunal accepts appeal in short payment of duties

LAHORE: Customs Appellate Tribunal on 3.8.3028 accepted the appeal filed by M/s Orient Coating and Finishing Mills Private Limited Faisalabad against Collector of Customs, MCC, and Faisalabad. As per brief facts of case, during the course of audit by the staff of Director General (DG), Punjab Revenue Authority (PRA), it was observed that appellant imported raw material free of customs ... Read More »

Rs100m heroin smuggling: Court records statements of two more persons

LAHORE: Session Court Additional Session Judge Shahid Bashir Chaudhary has recorded statements of two more persons that were indirectly attached with the lady smuggler who was arrested in heroin smuggling attempt at Lahore airport. Sources told Customs Today, that the session court recorded statements of two private persons including owner of the house where Treza was living in Wapda Town ... Read More »

Customs Appellate Tribunal orders to release 398 drums of seized oil

LAHORE: Customs Appellate Tribunal on 3.8.2018 quashed impugned order passed by the adjudication and orders the department to release goods to the appellant unconditionally. The appeal was filed by one Abdul Razzaq, a resident of Alipur Chattha against Collector of Customs Adjudication Lahore and others. As per brief facts of case, on the information receive from a source that huge ... Read More »

FTO reserves verdict of tax refund appeal filed by M/s Amir Sohail Traders

LAHORE: The Federal Tax Ombudsman (FTO) reserved verdict in case filed by proprietor of M/s Amir Sohail Traders, against the Regional Tax Office (RTO-II) which will be announced soon. On 4.8.2018, FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the RTO-II has not released the refund to the appellant from last ... Read More »

Customs Intelligence impounds NDP BMW from Muslim Town

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team impounded a non-duty paid BMW car near New Muslim Town. The market value of seized vehicle is Rs70 million. Sources told Customs Town on Sunday that Director Customs Intelligence and Investigation Rubab Sikandar received credible information about some smuggling attempts. She constituted squads under the supervision of M. Sarwar which also ... Read More »

Customs Preventive transfers inspectors, appraising officer

LAHORE: Collectorate of Customs Preventive Deputy Collector Headquarters Muhammad Moazzam Raza has issued a notification for transfer of five inspectors and one appraising officer with immediate effect. According to the notification Inspector Meer Suleman who is currently performing his duties at Air Freight Unit of Allama Iqbal International Airport is transferred to State Warehouse, Inspector Muhammad Tippu is transferred from ... Read More »

Customs Appellate Tribunal orders to release goods after payment of duty & taxes

LAHORE: Customs Appellate Tribunal on Friday settled the appeal filed by Syed Rashid Ali, a resident of Karachi against Collector of Customs Adjudication Customs House Lahore. Muhammad Shabbir Gujjar, member judicial bench-I heard the arguments and examined the record produced by the parties. The judgment passed on the grounds the appellant will pay the duties and taxes with redemption fine ... Read More »

FTO hears appeal filed by M/s Haji Nizamdin & Sons

LAHORE: Federal Tax Ombudsman (FTO) Advisor Mian Munawar Ghafoor on Friday has heard appeal filed by proprietors of M/s Haji Nizamdin & Sons 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 ... Read More »

Court to conclude hearing of heroin smuggling case within one month

LAHORE: Session Court Additional Judge Shahid Bashir Chaudhary has said on Friday that court will announce verdict of the case within one month. Meanwhile court issued arrest warrants of two customs officials who are witness in case of a Czech Republican model who was arrested red handed while making attempt to smuggle a huge quantity of heroin worth of Rs ... Read More »

Customs Appraisement collects Rs2b in July

LAHORE: Collectorate of Customs Appraisement collected record amount under heads of all duties and taxes during the month of July 2018. According to details available with Customs Today, Collectorate of Customs Appraisement has shown growth of 40 percent in collection of customs duty during the first month of financial year 2018-19. The Collectorate collected Rs2.052 billion against assigned target of Rs1.467 ... Read More »