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Multan Dry Port declares E-form submission mandatory for export consignments‏

MULTAN: Multan Dry Port Trust has directed all clearing agents to submit E-form before the clearance of any export consignment from the Multan Dry Port. The management of Multan Dry Port Trust have informed all the clearing agents to ensure the submission of E-form before clearing of any export consignments. To avoid any sort of inconvenience at the time of ... Read More »

LHC transfers Customs Court Judge Nazeer

LAHORE: Lahore High Court (LHC) has transferred Special Judge of Customs and Taxation Court Lahore, Nazeer Ahmed Gujana to Nankana sahib as session judge. LHC issued notification regarding transfer of as many as thirty districts, session judges including the judge of Customs and Taxation Court here the other day. However, the notification regarding the appointment of new judge at customs ... Read More »

FBR to review performance of all departments

KARACHI: The Federal Board of Revenue (FBR) has decided to monitor the performance of all its relevant departments. The motive behind this move is to take action against officials whose output is not upto the mark. Sources told Customs Today, that all heads of departments whose performance is below the target will be transferred. Sources further revealed that review of ... Read More »

Customs Court sends suspects of Rs 4m smuggling on judicial remand

ISLAMABAD: Special Customs and Taxation Court has sent four accused involved in smuggling of cell phones worth Rs 4 million on judicial remand for further interrogation. As per details, Model Customs Collectorate Preventive Islamabad had arrested four accused those were attempting to smuggled cell phones and DVDs by foiling it. Collector Zeba Hai received information regarding the possible smuggling of ... Read More »

Multan Dry Port Trust still operating without WeBOC system ‏

MULTAN: The Multan Dry Port is still operating without WeBOC software in the handling of export. The Model of Customs Collectorate has still not installed the WeBOC services for the export of consignments from Multan Dry Port due to negligence of Multan Dry Port Trust. The dry port has failed to register their bonded carrier vehicles with WeBOC system for initiation ... Read More »

Court grants bail to drug smuggler

ISLAMABAD: The Lahore High Court Rawalpindi bench has accepted the bail plea of suspect who had already served two years and 9 months jail, and ordered his release. According to details, Lahore High Court Rawalpindi bench has heard the case of smuggler Muhammad Altaf who was arrested by Anti-Narcotics Forces while 1500 gram marphiune was recovered from him and registered a ... Read More »

5,000 alcohol permits renewed in Punjab

LAHORE: The Excise and Taxation Department of Punjab has renewed 5,000 alcohol permits in Punjab yet. These permits were issued to Christian community only for the sale and purchase of alcohol. According to an official of the Excise Punjab, there are 10,000 permit holders in Punjab and all these permits are expired from June 30, 2015. The Excise Department issues these permits on ... Read More »

Iftikhar Babar to convene meeting of FBR, traders to resolve outstanding issues

SIALKOT: Secretary Board of Investment (BOI) Pakistan Iftikhar Babar has said that after the commencing of the grand project of Pak-China Economic Corridor, now Pakistan has become an ideal country for foreign investment, as world’s big foreign investors were now looking on Pakistan. He stated this, while addressing an important meeting of the Sialkot exporters held at Sialkot Chamber of ... Read More »

LCCI demands massive cut in petroleum prices

LAHORE: Senior vice president of the Lahore Chamber of Commerce and Industry urged the government to pass on the benefit of crude oil price reduction in the international market to the trade, industry, agriculture sector and the masses. After having a meeting with the delegation of businessmen at the Lahore Chamber of Commerce and Industry, Mian Nauman Kabir said that ... Read More »

Excise to regularize contract employees from next month

KARACHI: Department of Excise and Taxation Sindh has decided to regularize contract based employees from next month. Sources told Customs Today that those categories which are considering for permanent position includes clerks, office boys, peon etc. All employees are happy to listen such news. They were of the view that there were rumors that they will be sacked after completion of ... Read More »

Extension date expires for filing tax returns of July 2015‏

MULTAN: The Federal Board of Revenue (FBR) Regional Tax office Multan has collected taxes from the listed taxpayers on the last date for the filing of sales tax and federal excise return up to the month of August for the tax period July 2015. The Federal Board of Revenue has extended the tax collection date to give opportunity to those ... Read More »

ANF recovers 58.8 kgs hashish, arrest two smugglers

PESHAWAR: The Anti-Narcotics Force has arrested two smugglers and recovered 58.8 kilogram of charas in two separate crackdowns. Sources said that the ANF Peshawar Road team, on pursuance of information, intercepted a Suzuki Pothohar jeep near New Toll Plaza, Indus Highway, Kohat and recovered 30 kilograms of  charas, which was concealed in secret cavities under the floor of the jeep. An occupant ... Read More »

DG ANF to chair meeting of educational institutions

ISLAMABAD: Anti-Narcotics Force has called a meeting of the vice chancellors, principals and heads of the Rawalpindi and Islamabad private and public sector educational institutions on August 26, 2015. According to sources, Director General ANF Major General Khawar Hanif will preside over  the meeting. Sources also added that it is part of the ANF policy to eliminate drugs from educational ... Read More »

Customs seals guest house involved in tax evasion

ISLAMABAD: Directorate General Intelligence and Investigation Inland Revenue has sealed a guest house allegedly involved in million of rupees sales tax evasion . According to sources, Directorate General Intelligence and Investigation Inland Revenue has received an information that a first class guest house which is situated at Jinnah Super Market Islamabad has dozens of first class air-conditioned rooms and charging rent of Rs ... Read More »

PCA Lahore new director to assume office tomorrow

LAHORE: Ahmad Rauf, the newly posted Director at Customs Post Clearance Audit (PCA), Lahore will assume his new official responsibilities from tomorrow sources told Customs Today. The PCA Director post fell vacant by Director Saud Imran as he was transferred to Customs Investigation and intelligence Lahore following Imtiaz Ahmad Khan, former Director Customs I&I was made DG Input-Output Co-efficient Organization ... Read More »

Customs Multan directs staff to declare assets

MULTAN: Model of Customs Collectorate Multan has directed customs employees for the declaration of assets held and acquired by them for the fiscal year 2014-15. Sources told Customs Today that Deputy Collector Model of Customs Collectorate Farhat Ali, who is holding the charge of headquarters, has again reminded the customs employees through a notification for the declaration of their assets ... Read More »

Iran plans to stop iron ore exports from March 2016

TEHRAN: Iran plans to stop crude iron ore exports starting from March 2016, an official says. “Starting from March 2016 concentrates and pellets will be produced from iron ore and we will have no more iron ore for export,” Mehdi Karbasiyan, deputy industries, mines and trade minister told ISNA August 19. According to him, to this end the implementation of ... Read More »

China’s Yutong building bus factory in Venezuela

CARACAS: Chinese bus maker Yutong’s new factory will be inaugurated in western Venezuela in October, said Haiman El Troudi, Venezuelan minister of land transportation. According to El Troudi, construction of the factory, designed with a capacity to assemble 3,500 buses per year, is progressing smoothly in the state of Yaracuy, with 86 per cent of building work being done. The ... Read More »

FBR decides to deduct 300,000 active taxpayers’ income tax at source

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to deduct 300,000 active taxpayers’ income tax at source. Sources told Customs Today that a final list was being issued, consisting of active taxpayers from banks, big super stores, industrialists and other skilled persons. The other relevant details of active taxpayers will also be included in the list. After this, the ... Read More »

FBR to verify educational credentials of its officials

KARACHI: The Federal Board of Revenue (FBR) has directed all its officials and staff members to submit their educational credentials by the end of the current month. Sources told Customs Today that until now only 272 officials had submitted their educational credentials for verifications. It is pertinent to mention here that the FBR issued a notification to all RTOs and ... Read More »