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FBR confiscates 300 cartons of non-duty paid cigarettes

FAISALABAD: The Federal Board of Revenue (FBR) has confiscated around 300 cartons of non-duty paid cigarettes in Faisalabad region. According to officials, the Directorate of Intelligence & Investigation Inland Revenue has seized 300 cartons (3,000,000 sticks) of non-duty paid cigarettes of different brands from multiple locations/stock-houses of traders in Faisalabad. In the first raid, tobacco squad of I&I Inland Revenue, ... Read More »

Multan Excise collects Rs430m property tax till Nov

MULTAN: Excise, Taxation and narcotics department has collected Rs430 millions out of Rs675 millions property tax set target for fiscal year 2020 till November. Deputy Director Admin/ETO property tax Khalid Hussain Qasoori told APP here on Wednesday that five percent rebate offer has been ended and added that this offer is only available for payment of taxes through E-payment. He ... Read More »

Quetta Appraisement exceeds CD collection target by 25pc

QUETTA: Collectorate of Customs Appraisement has collected Customs Duty of Rs696 million as against target  of  Rs559 million during November 2020, surpassing the target by 25 percent. Sources told that during the period July-November 2020, the Collectorate has collected customs duty (CD) of Rs3.001 billion as against target of Rs2.346 billion surpassing the target by impressive 28 percent. The collectorate ... Read More »

Faisalabad ASO impounds smuggled Iranian dry skimmed milk near Kamalpur

FAISALABAD: Collectorate of Customs Anti-Smuggling Organization (ASO) recovered a huge quantity of Iranian dry skimmed milk which was being smuggled from Quetta to Lahore, sources said. The sources said that the total value of the milk is over Rs5 million while the ASO has also detained the truck which was being used to transport the milk. The sources said that ... Read More »

Quetta Customs seizes smuggle goods, vehicles worth Rs200m

QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) and FC in a joint operation seized foreign smuggled goods and non-customs paid vehicles. According to the customs spokesperson, Collector Irfan Javed received credible information that huge quantity of non-duty paid goods will be smuggled. The customs and the FC jointly recovered foreign goods from different vehicles at Lakpass. In which cloth, ... Read More »

Proposed investment policy to provide incentives in attracting maximum FDI

FAISALABAD: Foreign Direct Investment (FDI) is imperative for comprehensive, organized and sustainable industrial growth and the proposed Investment Policy-2020 will provide much needed incentives and confidence building measures to attract maximum FDI, said Engineer Ihtasham Javed President Faisalabad Chamber of Commerce & Industry (FCCI). He was addressing a 2-day digital conference organized by the Executive Development Institute (EDI) of the ... Read More »

Dawood asks exporters to send proposals for Pak-Afghan PTA

ISLAMABAD: Advisor to the Prime Minister on Trade and Investment, Abdul Razak Dawood has urged exporters to send their proposals on the proposed Pakistan-Afghanistan Preferential Trade Agreement (PTA). “Chaired the first consultative session with the stakeholders on proposed Pakistan-Afghanistan PTA at the MOC. Valuable inputs were provided by various stakeholders,” said Dawood in a series of tweets. “This will now ... Read More »

NAB Rawalpindi files reference against ex-secretary interior Shahid Khan

RAWALPINDI: The National Accountability Bureau (NAB) Rawalpindi chapter has filed a corruption reference against former secretary interior Shahid Khan. The accountability court’s judge Azam Khan heard the corruption reference filed against former secretary interior while the accused including Shahid Khan, Muhammad Rafiq Hassan and others have appeared in the hearing. Judge Azam Khan directed distribution of copies of the reference ... Read More »

KP minerals dept collects Rs1.10b in 1Q of FY21

PESHAWAR: The Khyber Pakhtunkhwa (KP) minerals department has collected Rs1.10 billion in first quarter of current fiscal year as compared to the previous year’s annual revenue of Rs3.38 bn whereas Rs34 millions of this amount was collected in terms of excise duty. According to the department’s performance report for the first quarter of the current financial year, the department collected ... Read More »

Multan Adjudication issues new pre-cautionary measures to prevent corona virus

MULTAN: Collectorate of Customs Adjudication Multan Camp Office has issued new precautionary guidelines for visitors to prevent coronavirus (Covid-19). According to details, Collector Asif Khan Buzdar has decided to implement special precautionary measures to contain corona virus in line with directions of Federal Board of Revenue. The collector directed to restrict unnecessary entrance of visitors in Customs House to restrain ... Read More »

Quetta ASO seizes narcotics worth Rs34m at Noshki check post

QUETTA: Collectorate of Customs Preventive, Anti-Smuggling Organization (ASO) team seized drugs worth Rs34 million of rupees at Noshki check post and also seized foreign cloth along with a vehicle. According to details, Chief Collector Gul Rehman received information that unknown smugglers wanted to smuggle drugs as well as foreign goods. The chief Collector passed on information to Collector Irfan Javed  ... Read More »

Quetta Customs recovers two eagles worth Rs25m from passenger

QUETTA: Collectorate of Customs team deputed at Quetta International Airport recovered two valuable eagles from a passenger Lal Shah who arrived from Dubai to Quetta and handed them over to the Wildlife Department. As per details, Collectorate of Customs Chief Collector Gul Rehman directed to all relevant field staff to adopt zero tolerance policy against smuggling. He directed customs staff ... Read More »

Multan ASO seizes smuggled items worth Rs190m near Sakhi Sarwar

MULTAN: Collectorate of Customs Anti-Smuggling Organization (ASO) seized smuggled items valuing around Rs 190 million including vehicles under customs act 1969. Sources told Customs Today that Collector Muneeza Majeed received credible information about some smuggling attempts on 17.11.2020. She directed anti-smuggling squads to enhance vigilance on the suspected routes to thwart any attempt of smuggling. The anti-smuggling squad intercepted four ... Read More »

Quetta I&I foils bid to smuggle Boostin injections

QUETTA: Directorate of Customs Intelligence and Investigation (I&I) foiled bid to smuggle Boostin injections from a passenger travelling through Air Arabia airline. Sources told that information was received through Director Sami-ul-Haq to Deputy Director Dr. Zohaib that huge quantity of hormone injections, which induce cows and buffalos to produce more milk, would be smuggled into the country. A team consisting ... Read More »

Inauguration of Rashakai SEZ postponed amid rise in Covid cases

PESHAWAR: Khyber Pakhtunkhwa (KP) Health and Finance Minister Timur Saleem Khan Jhagra has said that Prime Minister (PM) Imran Khan has cancelled the inauguration of Rashkai Economic Zone (REZ) in the wider public interest as coronavirus cases are on the rise again. “We have entered the second wave of the Covid-19 pandemic. The country cannot afford a complete lockdown and ... Read More »

Collector Irfan Javed’s Quetta Customs recovers smuggled goods worth Rs28.85m

QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) with the assistance of Frontier Crops (FC) seized high valued contraband smuggled goods worth R28.85 million from Surab check post and Dalbandin area. Sources told Customs Today that Chief Collector Enforcement Gul Rehman has directed the field formations to intensify the anti- smuggling drive. On November 14, 2020 Collector Enforcement and Compliance ... Read More »

Multan Adjudication settles 33 cases worth Rs66.590m

MULTAN: Collectorate of Customs Adjudication Multan Camp Office decided 33 seizure cases worth Rs66.590 million during the month of October 2020-21. According to the details, Customs Adjudication has conducted hearing of different seizure cases during the month of October 2020-21. Customs Adjudication collector, additional collector and deputy collector conducted trial of these seizure cases according to their authorized power to ... Read More »

Hyderabad ASO seizes Afghan transit trade goods worth Rs13.85m near Hatri

HYDERABAD: Collectorate of Customs, Anti-Smuggling Organization (ASO) impounded huge quantity of foreign origin goods marked “Via Karachi in transit to Afghanistan”. Total value of goods is Rs13.85 million. These goods were being transported to Rawalpindi from Karachi in the garb of import Goods Declarations (GDs). Sources told that after receiving credible information, the staff of ASO intercepted a truck along ... Read More »

Peshawar I&I seizes narcotics worth Rs64m

PESHAWAR: Directorate of Customs Intelligence and Investigation (I&I) have seized narcotics worth  Rs64 million and arrested two drug traffickers. According to details, Director Customs Intelligence and Investigation Dr. Akhtar Hussain received secret information regarding smuggling of narcotics. He immediately passed on it to Anti-Smuggling Organization (ASO) who established check-post at Kohat Road and intercepted a Bedford truck. During the checking, ... Read More »

PPL discovers new oil reserves in Balochistan

ISLAMABAD: Pakistan Petroleum Limited (PPL) on Friday announced to discover new reserves of oil in Pakistan. According to the PPL, new oil reserves were found in Balochistan’s Ziarat district. The PPL further said it started extended well testing on November 9 and is currently extracting approximately 800 barrels of oil per day. The agreement for exploration of the oil from ... Read More »

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