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ASO Sialkot seizes smuggled cloth

SIALKOT: The Anti-Smuggling Organization (ASO) team of the Customs Intelligence Sialkot has seized a big quantity of smuggled ladies clothes from a Lahore-Rawalpindi bound passenger bus during a special checking on GT Road. According to the Superintendent Customs Saifullah, the worth of the seized clothes was stated to be lakhs of rupees. The officials arrested a couple for smuggling the said cloth and ... Read More »

Powers to regulate CNG prices: SNC seeks report from OGRA

KARACHI: The Sindh High Court on Wednesday directed Oil and Gas Regulatory Authority (OGRA) to submit a report on a petition that questions its powers to regulate the prices of CNG, explaining whether it has authority to fix the prices. Justice Sajjad Ali Shah, who headed a division bench, gave this direction while hearing a petition filed by the owners ... Read More »

FBR recommends to put name of Riaz Qadeer in ECL

LAHORE: Federal Board of Revenue (FBR) wanted to put the name of owner of Makkah Sugar Mills  Riaz Qadeer in Exit Control List (ECL) because Riaz Qadeer is defaulter of tax amounting to more than one billion rupees. FBR authorities show concern that the accused may try to go abroad. Sources told Customs Today that FBR registered a case against ... Read More »

Customs Khushab seizes Dumper truck..‏

FAISALABAD: The Field Unit of Khushab Customs Intelligence and Investigations confiscated a trailer loaded with Iranian origin dates weighting 23,800 kilograms. The market value of seized truck is approximately Rs 20,00,000/-. Sources told Customs Today that Additional Director Customs Intelligence and Investigations Mrs. Azmat Tahira received credible information regarding above said vehicles. After receiving the tip-off she constituted a raiding ... Read More »

ACE computerizes record of 10.000 cases

SIALKOT: Anti Corruption Establishment (ACE) computerized official record of as many as 10,000 corruption cases and made it online, enabling the people check online the present status of their application  submitted for registration of cases against corrupt officials of different departments , their pending inquiries and cases  during a period of the last five years. Regional Director ACE Gujranwala Rana ... Read More »

Sales tax evasion: PRA seals Fri Chicks and three other restaurants

LAHORE: The Punjab Revenue Authority is tightening its rope against the defaulters of sales and services tax and sealed some famous restaurants of the city. According to sources, a team of PRA, under the supervision of Deputy Commissioner Zaka Ullah, sealed a branch of Fri Chicks situated at Taj Bagh area. During another action, the PRA team sealed Fri Chicks ... Read More »

FBR to launch AMAPS soon

ISLAMABAD: Federal Board of Revenue decided to establish state of the art Appeal Management and Processing System (AMAPS) to resolve, monitor and manage tax and appeals issues . Sources told that FBR legal wing already proposed the new AMAPS system to the Board under the TAGR project. The legal wing is also reviewing the European appeal management and processing system. ... Read More »

KPK assembly urges FBR not to levy tax on overseas Pakistanis

PESHAWAR: The Khyber Pakhtunkhwa Assembly has asked the federal government and the Federal Board of Revenue (FBR) to refrain from taxing the overseas Pakistanis who are contributing in the national development by sending huge remittances. The assembly also passed a joint resolution, urging the federal government to withdraw the tax imposed on entry and exit of international passengers. The resolution was tabled ... Read More »

Customs Court adjourns 25 cases on Wednesday

LAHORE: In the Special Court of Customs Taxation and Anti-Smuggling, different cases were scheduled for hearing on Wednesday. The Special Court of Customs Taxation and Anti-Smuggling heard 25 important cases and adjourned all cases until news dates. Pre-arrest bail pleas of Muhammad Aslam, Ismail, Muhammad Shakeel and Shahbaz were also adjourned for Thursday and Friday. The cases, including tax evasion, ... Read More »

NAB Punjab arrests seven former customs officials

LAHORE: Seven high-ranking customs officials were arrested by the National Accountability Bureau (NAB), after being accused of causing losses to the national exchequer amounting to millions of rupees. Those arrested by NAB include former additional collector Amir Raheel, former assistant collectors Muhammad Tufail, Khalid Mahmood, Muhammad Afzal Dogar, Muhammad Akram, Sheikh Nadeem Latif and Syed Abbas. The officials have been ... Read More »

FIA starts crackdown against fake students visa consultancy firms

SIALKOT: The Federal Investigation Agency (FIA) has launched a vigorous crackdown against students’ visa consultants-turned-travel agents and arrested as many as 11 human traffickers, including the heads of two students consultancy institutions in Gujranwala Division. Deputy Director FIA Gujranwala Division Ch Khalid Anees told Customs Today that the special commando teams of the FIA, led by senior officials, conducted raids at ... Read More »

PTBA seeks rectification of IRIS software

LAHORE: Pakistan Tax Bar Association President Mohsin Nadeem has said that the newly introduced IRIS (Integrated Risk Information System) software is full of flaws and taxpayers and tax practitioners are facing a lot of problems. He demanded the Federal Board of Revenue (FBR) to rectify and settle these issues at the earliest. He voiced these views while presiding over a meeting in Pakistan ... Read More »

FBR recommends to put name of Riaz Qadeer in ECL

LAHORE: Federal Board of Revenue (FBR) wanted to put the name of owner of Makkah Sugar Mills  Riaz Qadeer in Exit Control List (ECL) because Riaz Qadeer is defaulter of tax amounting to more than one billion rupees. FBR authorities show concern that the accused may try to go abroad. Sources told Customs Today that FBR registered a case against ... Read More »

Belgium keen to enhance trade ties with Pakistan: Envoy

KARACHI: The Ambassador of Belgium, Frederick Verheyden informed that a multisectoral trade delegation from Belgium, comprising representatives of 12 leading companies, was currently on a visit to Pakistan to explore opportunities of enhancing trade between the business communities of the two countries. Exchanging views with KCCI office bearers during his visit to KCCI, the Belgian Ambassador added that many Pakistani ... Read More »

Private sector asked to utilize market intelligence tools for enhancing trade ‏

ISLAMABAD: The private sector was the driver of economic growth in Pakistan and it should be more proactive to focus on utilizing market intelligence tools in order to make informed decisions and compete more effectively in national and international markets. This was observed by Esam Alqarara, UNIDO Representative while addressing business community at Islamabad Chamber of Commerce and Industry. He ... Read More »

Customs Faisalabad seizes non-duty paid Hino truck

FAISALABAD: The Customs Intelligence and Investigation impounded smuggled  non duty paid Hino mini truck and loaded with Foreign origin zeera. The market value of confiscated truck is Rs 15,00,000/-. Sources told Customs Today that Additional Director Customs Faisalabad Mrs. Azmat Tahira received credible information regarding above said smuggled vehicle. She constituted a raiding party comprising Muhammad Tahir Iqbal (SIO), Muhammad ... Read More »

FIA arrests two notorious human traffickers

SIALKOT: Federal Investigation Agency (FIA) arrested as many as two notorious human traffickers Arsalan and Abrar from their travel agency in Sarai Alamgir during a special crackdown there. According to Deputy Director FIA Gujranwala Ch. Khalid Anees, the accused persons were running an illegal business of sending people abroad in the guise of their travel agency after extorting huge amounts ... Read More »

Expo Centre will be built in Multan: Khurram Dastgir

MULTAN: The new trade policy will be a gift and government is well aware of the problems of the exporters and nowadays for the enhancement of exports, value addition is the demand of the day to compete the international market, to overcome the electricity and gas issues of the industry  gas pipeline projects with Iran and Turkmanistan are in progress. ... Read More »

Multan ASO confiscates contraband items worth Rs 12.4m in September

MULTAN: The Customs Anti-Smuggling Organization (ASO) Multan has seized smuggled goods worth Rs 12.46 million during September in various anti-smuggling activities. The ASO impounded 10 smuggled vehicles, including Toyota Corolla, Toyota Hilux Surf, Vitz and Raum and others worth Rs 10.30 million in its jurisdiction following the charges of non-duty paid. The Model Customs Collectorate Multan has reviewed the strategies against ... Read More »

Sialkot Customs to clear all pending rebates: Collector Ahmad Reza

SIALKOT: Model Customs Collectorate (MCC) Sialkot Collector Ahmad Reza Khan has said that Rs 600 million in wake of rebates has been issued to traders in September 2015. The amount of rebate is 50 percent more than corresponding period of last year. Khan said that collectorate was striving to ensure the early clearance of all the pending rebate and refund ... Read More »