Tuesday , November 24 2020
Breaking News
Home / Lahore (page 88)

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

Customs Tribunal orders handover of Hino truck to owner unconditionally

LAHORE: The Customs Appellate Tribunal has ordered the release of a Hino Ranger Truck unconditionally that was impounded by the Deputy Director Customs Intelligence Multan. Muhammad Shabbir Gujjar, Member Judicial, heard the appeal in details and considered all the recorded arguments given by the appellant and the respondent. He decided the appeal with remarks that the department has failed to ... Read More »

FTO hears appeal filed by M/s Abbas Corporation

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Abbas Corporation (Private) Limited against Corporate Regional Tax Office (CRTO) until the next date. According to the details, FTO Consultant Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the Corporate Regional Tax Office (CRTO) had failed to release the tax ... Read More »

Customs I&I, ASOs urged to refrain from violating section 32, 25 of Customs Act 1969

LAHORE: Pakistan Auto Spare Parts Importers and Dealers Association (PASPIDA) President Nasir Hameed Khan has said Customs Intelligence and Investigation (I&I) and Anti-Smuggling Organization (ASO) field staff have violating sections 32 and 25 of the Customs Act 1969 that bars anyone from reassessing and re-evaluating the goods once cleared by the customs authorities at Karachi and Bin Qasim ports. Hameed ... Read More »

Customs Appellate Tribunal reduces penalty from 20 to 10% in seized vehicle case

LAHORE: Customs Appellate Tribunal has modified the Order in Original (ONO) in seized vehicle case filed by the deputy director Intelligence and Investigation-FBR Lahore against Sajid Qurashi and others. Muhammad Shabbir Gujjar Member Judicial heard the case in details and passed the remarks that respondent has ready to pay the taxes and duties on reduction of redemption fine so the ... Read More »

Customs Airport posts 6.5pc growth in CD collection

LAHORE: Customs Air Freight Unit of Allama Iqbal International Airport showed 6.5 percent growth in revenue collection as compared with the collection of previous Fiscal Year 2016-17. The Customs AFU collected Rs620 million during previous year. Sources told Customs Today, that Federal Board of Revenue (FBR) assigned revenue collection target of Rs 90 million while Air Freight Unit of Allama ... Read More »

FTO directs counsels to conclude arguments on plea filed by M/s Abbas Corporation

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Abbas Corporation (Private) Limited against Corporate Regional Tax Office (CRTO) until the next date with directives to relevant counsels to conclude their arguments on next date of hearing. According to the details, FTO Consultant Mian Munawar Ghafoor heard the case in which the counsel for the appellant ... Read More »

Customs Appellate Tribunal hears six cases, reserved verdict in one appeal

LAHORE: The Customs Appellate Tribunal heard six cases and adjourned all the cases to different dates and reserved the verdict of few cases. According to the details, division bench-II comprising Omer Arshed Hakeem, Member Judicial and Imran Tariq Member Technical heard six cases, including M/s Jameel Brothers versus  Directorate of Intelligence and Investigation Multan, M/s Hussain Trading versus Customs Faisalabad, ... Read More »

Customs Appraisement surpasses assigned revenue collection target for January

LAHORE: The Customs Collectorate of Appraisement, Lahore, has surpassed revenue collection target for the month of January, 2018 by collecting Rs 6,356 million against the assigned target of Rs 5,138 million and thus has collected Rs 1,218 million more than the target. According to the documents available with Customs Today, Customs Appraisement collected Rs 4,654 million during the month of ... Read More »

Customs Intelligence recovers huge quantity of NDP cigarettes from M/s Chaudhary Brothers Cargo

LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team raided at the godown of M/s Chaudhary Brothers Cargo Service located at GT Road Railway shop and recovered huge quantity of non duty paid cigarettes. Sources told Customs Today, that Deputy Director Customs Intelligence Usman Tariq received secret information that some smugglers are trying to smuggle huge quantity of foreign origin ... Read More »

FTO seeks final arguments in tax refund case

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Millennium Textile Mills against Corporate Regional Tax Office (CRTO) and put off the hearing until the next date. FTO seeks final arguments from parties. FTO Adviser Mian Munawar Ghafoor heard the case in which counsel for appellant argued that the Corporate Regional Tax Office (CRTO) has failed ... Read More »

Customs Preventive recovers hawks from Iraqi national at Lahore Airport

LAHORE: The Collectorate of Customs Preventive team deputed at Allama Iqbal International Airport foiled an attempt to suggle precious hawks to Dubai on Wednesday. Official sources told Customs Today, that Collector Customs Preventive Faiz Ahmad received credible information about some smuggling attempts through airport. He immediately directed concerned teams to enhance checking in arrival and departure lounges of Allama Iqbal ... Read More »

Customs Tribunal adapts ONO in impugned Indian raw cotton case

LAHORE: The Customs Appellate Tribunal has modified an Order-in-Original in a case filed by the M/s Indus Dying & Manufacturers against the Collector of Customs (Preventive) and Collector of Customs (Adjudication) Lahore. Muhammad Shabbir Gujjar heard the case in details and decided the case with remarks that the total amount of duties and taxes was already paid by the appellant ... Read More »

Punjab receives 97% taxes through e-payment

LAHORE: Provincial Minister for Finance Dr Aisha Ghous Pashsa has said that almost 97 percent of taxes in the province of Punjab are being received through e-payment. She said this while addressing the inaugural ceremony of the Punjab Information Technology Board’s developed online Business Registration Portal at Lahore Chamber of Commerce and Industries. The minister said that the Punjab government ... Read More »

FTO seeks reply from RTO in tax refund case

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by M/s Eastern Leather Company against Corporate Regional Tax Office (CRTO) and put off the hearing until the next date. FTO sought reply from the respondent side in the same case. FTO Adviser Mian Munawar Ghafoor heard the case in which counsel for appellant argued that the Corporate Regional ... Read More »

Customs Tribunal reserves verdicts in two appeals

LAHORE: The Customs Appellate Tribunal (Single & Double) Bench heard 13 cases on Tuesday and adjourned all for different dates without those cases whose verdicts were reserved. The Division Bench-II, comprising Omer Arshad Hakeem, Member Judicial, and Imran Tariq, Member Technical, heard 10 cases including Muhammad Ramzan Afzal versus Directorate of Intelligence and Investigation Faisalabad, Al-Hamra Fabrics versus Directorate of ... Read More »

FTO calls counsels for final arguments in Dynamic Sportswear appeal

LAHORE: The Federal Tax Ombudsman (FTO) has heard an appeal filed by Dynamic Sportswear against the Corporate Regional Tax Office (CRTO) and put off the hearing until the next date. FTO Adviser Mian Munawar Ghafoor heard the case in which counsel for the appellant argued that the Corporate Regional Tax Office (CRTO) has failed to release the tax refunds since ... Read More »

FTO hears appeal filed by M/s Hi- Tech Feeds

LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Hi- Tech Feeds Private Limited against the Large Taxpayer Unit (LTU) until the next date of hearing. The same was heard last month and was put off for the next date. FTO orders counsels to windup arguments. According to the details, FTO Advisor Mian ... Read More »

Customs Appellate Tribunal reserve verdicts of two appeals

LAHORE: The Customs Appellate Tribunal (single & double) bench heard 13 cases on Tuesday and adjourned all for different dates without those cases whose verdicts were reserved. According to the details, the division bench-II, comprising Omer Arshad Hakeem, Member Judicial and Imran Tariq, Member Technical, heard 10 cases including Muhammad Ramzan Afzal versus Directorate of Intelligence and Investigation Faisalabad, Al-Hamra ... Read More »

Customs Preventive foils bid to smuggle 20kg heroin from Lahore Airport

LAHORE: Collectorate of Customs Preventive team deputed at Allama Iqbal International Airport foiled an attempt to smuggle around twenty kilogram of heroin. Sources told Customs Today, that Collector Preventive Faiz Ahmad received credible information about smuggling attempt. He immediately directed customs team to enhance checking of departure lounge. The customs team intercepted a foreign lady who was later identified as ... Read More »

Saud Imran assumes charge as Member Technical of Customs Appellate Tribunal

LAHORE: Saud Imran, a grade 20 officer of the Pakistan Customs Service, has assumed the charge of Member Technical of the Customs Appellate Tribunal, Lahore. Now the bench-I of the Customs Appellate Tribunal has been completed where Muhammad Shabbir Gujjar is already performing as Member Judicial. Before joining as Member Technical in Customs Appellate Tribunal, he was posted as Collector ... Read More »