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SHC seeks comments from Customs on confiscated wheat

KARACHI: The Sindh High Court (SHC) has sought comments from the Customs authorities on a petition by M/s Thara International, seeking release of its confiscated wheat for re-export to Ukraine. In its petition, M/s Thara International submitted that it imported a consignment of wheat from Ukraine in September 2014, which was illegally confiscated by the customs staff on the ground that wheat ... Read More »

Faisalabad Excise Motor Brach collects Rs 5.58m in August

FAISALABAD: The Excise and Taxation Motor Branch Faisalabad has collected Rs 5.58 million and impounded 27 vehicles in month of August 2015. Motor branch has also started a survey for the recovery of tax in different areas of the district, including Faisalabad Motorway Toll Plaza, Gatt Wala Toll Plaza, Jhang road, Samundari road and Thana Sadar. Director Saeed Ahmed of ... Read More »

Additional Collector Muteen Alam transferred to Appraisement East Karachi‏

MULTAN: Additional Collector Muteen Alam has been transferred from Model of Customs Collectorate Multan to Model of Customs Collectorate Appraisement (East) Karachi. Additional Collector Muteen Alam has served on various positions of Model of Customs Collectorate Multan. Muteen Alam served at Multan Dry Port, Multan International Airport, Anti-Smuggling Organization Multan and Headquarters MCC Multan. Additional Collector Muteen Alam is among one ... Read More »

Federal Ombudsman as respondent: FST adjourns hearing till Sep 28

ISLAMABAD: The Federal Service Tribunal (FST) on Thursday heard the case consisting Federal Ombudsman (FO) Taimoor Azmat Usman as respondent. The two-member FST bench, comprising Syed Rafique Hussain Shah and Syed Muhammad Hamid, heard the case filed by Chaudhary Talib Hussain. The petitioner had sought ‘three percent increment/grant’ in the remuneration from the Federal Ombudsman Secretariat. Advocate Chaudhary Sagheer Ahmad ... Read More »

Customs valuation determines values of brake fluid ‏

MULTAN: The Directorate General of Customs Valuation determined the values of brake fluid vide Valuation Ruling No. 759/2015 under Section 25-A of the Customs Act, 1969 . According to details, M/s Indus Mobiles an importer of brake fluid filed a review petition in the Sindh High Court (SHC) on the grounds that subject ruling was old and did not reflect current ... Read More »

Sialkot FIA arrests two suspects running illegal business of hundi

SIALKOT: The Federal Investigation Agency (FIA) claims to have arrested two people involved in doing the illegal business of hundi. Sources said that a successive raid against the runners of illegal business of hundi was conducted by Inspector Muhmmad Ali in the Bano Bazar locality of Sialkot city. The FIA arrested two accused, allegedly involved in running the illegal business ... Read More »

Customs Collectors conference to be held in October

ISLAMABAD: Customs Collectors Conference under the auspices of Model Customs Collectorate Islamabad will be held during the first week of October, 2015. The conference will be presided over by Chief Collector North Nadir Khan Hoti. During the conference a comprehensive strategy will be devised to improve performance of staff. Decisions will also be taken on under-process cases of customs while ... Read More »

Multan Customs’ employees deprived of performance allowance despite filing asset declarations

MULTAN: The employees of Model Customs Collectorate Multan have shown serious concerns over the discontinuation of special performance allowance despite filing the assets declaration to the Federal Board of Revenue (FBR). As per details, the FBR has recently suspended the allowance of as many as 806 employees for not filing the assets declaration as they had been urged by the department ... Read More »

NAB starts investigation in Rana Mashhood video scandal

LAHORE: The National Accountability Bureau (NAB) Lahore has announced that investigation are underway into allegations of corruption against Punjab Minister for Sports and Education Rana Mashhood. A video of allegedly receiving money as bribery was on air on many national television channels during August 2014. Now it is expected that Rana Mashhood will soon be summoned by the bureau and ... Read More »

Non-filers to pay 35pc tax after expiry of ordinance regarding WHT

ISLAMABAD: Following the expiry of presidential orders regarding withholding tax on banking transaction, the Federal Board of Revenue (FBR) will impose fine and deduct tax at the rate of 35 percent on every banking transaction to be made by non-filers. Sources said that the presidential ordinance will expire on September 30 and from October 1, the FBR will start action ... Read More »

FIA seals illegal money exchange, arrests two suspects

KARACHI: The Federal Investigation Agency (FIA) has arrested two suspects who were involved in money laundering. Source told Customs Today that during the investigations, it was found that Ghohar Exchange Company is involved in sending money abroad by using illegal means. The company sends billion of rupees illegally to foreign countries. Two persons were arrested due to their involvement in money laundering. ... Read More »

Customs foils bid to smuggle Rs 40m to Iran

KARACHI: The Model Customs Collectorate (MCC) Quetta has foiled an attempt of currency smuggling and arrested two suspects . The Customs authorities have stepped up efforts to curb the menace of smuggling from society during the last three months. It has conducted around 34 raids so far, sources said. Sources told Customs Today that a successful raid headed by Superintendent Customs Collectorate Imran Farooqi has foiled an ... Read More »

Govt imposes ban on new recruitment in FBR, Excise

KARACHI: The government has imposed ban on fresh recruitments in the Federal Board of Revenue (FBR), Excise and Taxation (ET) and other departments. Source told Customs Today that the ban is applied to save national resources. Ban on purchase of new vehicles for government officials is also part of this policy. The sources further told Customs Today   that the government allowed ... Read More »

Pakistan is attractive destination for foreign investment:  Zhao Qingwei

LAHORE: Mutual cooperation and joint ventures between Pakistani and Chinese businessmen in agriculture, livestock, infrastructure, energy, automobile and other sectors would further cement the friendly relations of the two countries. These views were expressed by the LCCI President Ijaz A. Mumtaz while addressing the two different delegations of Yantai Chamber of Commerce and Industry and a Chinese company Shandong YABAITE ... Read More »

Customs court sends alleged smuggler on judicial remand

LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has approved judicial remand of an alleged smuggler and sent him to jail. According to details available to Customs Today, Ghafar Khan son of Durrani was arrested by the Federal Investigation Agency (FIA) on charges of smuggling different items from central Asia through KPK province and Chaman. Different items worth Rs 6 ... Read More »

NAB arrests former Forest Department official for corruption

PESHAWAR: National Accountability Court (NAB) Khyber Pakhtunkhwa has arrested Muqarrab Shah, ex-Divisional Forest Officer of the Forest Department, for allegedly accumulating assets worth millions of rupees, which are beyond his known sources of income. As per details, the matter was brought into the notice of NAB Khyber Pakhtunkhwa authorities. Taking cognizance of the matter, an inquiry was initiated to ascertain the real facts and ... Read More »

No proceedings in Customs Appellate Tribunal

  LAHORE: Customs Appellate Tribunal heard not a single case on Thursday and will not hear any case even on Friday. Source told Customs Today that Member Technical Bench-I Imran Tariq is on ex-Pakistan leave for fourteen days and this is the main reason that dates were not given in any case by the other Members of the Tribunal. Proper ... Read More »

Senate standing body asks govt to clear pending refunds

  ISLAMABAD: Senate Standing Committee on textile industry, in its meeting, discussed in detail the serious crisis engulfing the textile industry of Pakistan and has asked the government to liquidate the pending refunds to the textile exporters as early as possible. he committee asked Federal Board of Revenue to release the sales tax and customs refunds which are pending for ... Read More »

Customs seizes vehicle loaded with smuggled generator

ISLAMABAD: Customs Intelligence Rawalpindi seized a vehicle loaded with non duty paid generator on a random checking at a check point and arrested one accused. As per details, Customs Intelligence intercepted vehicle bearing registration number C- 4071 at Rawat area check post. During checking process of the vehicle Customs team recovered a non duty paid generator. Meanwhile customs investigated the ... Read More »

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