Tuesday , January 26 2021
Breaking News
Home / Latest News (page 2380)

Latest News

News updates
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

US Army reverse cargo scam: Judge Faiz Rasool Rashdi seeks medical report of ailing suspect

KARACHI: The Special Court of Customs Taxation and Anti-Smuggling directed authorities of Karachi Central jail to conduct the medical tests of an ailing suspect and submit a report in the court. The judge gave this direction while hearing the cases pertaining to pilferage of the US Army reverse cargo.  In response to the court notice, Karachi central prison’s assistant superintendent appeared before ... Read More »

Tribunal dismisses Customs Intelligence’s appeal against adjudication

LAHORE: Customs Appellate Tribunal has dismissed a case filed by superintendent of Customs Investigation and Intelligence Faisalabad against additional collector Customs Adjudication Faisalabad and M/S Sitara Al Usman Khushal Goods Forwarding Agency Quetta. The tribunal dismissed the case and commented that the appellant had failed to produce any illegality in the impugned order passed by the adjudication authority. The brief fact ... Read More »

Sialkot ASO impounds Mitsubishi Pajero worth Rs 0.6m

SIALKOT: The Customs Anti-Smuggling Organization (ASO) Sialkot has impounded a non-duty paid Mitsubishi Pajero worth Rs 600,000 during an action. As per details, the ASO team, following the directions of Model Customs Collectorate Sialkot Collector Ahmad Reza Khan, intercepted a Mitsubishi Pajero and asked the driver to produce the documents showing the legal import of the vehicle but the driver remained ... Read More »

Adjudication Collector Aftab imposes fine on M/s Imdad Cloth for evading taxes

KARACHI: The Collectorate of Customs Adjudication-II Karachi has issued an Order-in-Original (ONO) against M/s Imdad Cloth House Lahore for evading duty/taxes to the tune of Rs 498,498 by taking undue benefits under SRO 1125(I)/2011 dated 31.12.2011. According to details, the Directorate of Post Clearance Audit (PCA), Customs Karachi, while scrutinizing data of importers, found that the importer had illegally availed ... Read More »

Adjudication Deputy Collector Kaukab issues notice to alleged cloth smuggler

ISLAMABAD: Collectorate of Customs Adjudication Islamabad, Deputy Collector, Kaukab Farooq, has issued a show-cause notice to Zulfiqar Ali in cloth smuggling case No. 22/2015. According to the details, deputy collector Kaukab issued a show cause directing the accused Zulfiqar, a resident of Gujrat, to attend the hearing and bring the all evidence in this regard. The authority also said that ... Read More »

FST chairman in Lahore to hear vital cases

ISLAMABAD: Federal Service Tribunal (FST) Chairman Ahmad Farooq Sheikh on Friday left for Lahore to chair hearing of cases. The FST officials said that the chairman would return to Islamabad and resume hearing in the capital city after Eidul Azha. Before Eidul Azha vacation, he had to chair cases’ hearing in Lahore, the FST officials said, adding that the chairman would ... Read More »

DG Transit Trade Javed Ghani seeks data analysts, operational vehicles for directorates

KARACHI: Director General Transit Trade Muhammad Javed Ghani is seeking appointment of data analysts and provision of operational vehicles for the Directorates of Karachi, Quetta and Peshawar. The sources told Customs Today that Ghani was told by the Directorates of Quetta, Peshawar and Karachi that they were facing shortage of data analysts and operational vehicles to improve performance of the ... Read More »

Customs Lahore foils bid to smuggle contraband items worth Rs 2m

LAHORE: Customs Investigation and Intelligence Lahore has seized iron, curtain cloth and smuggled drinks worth Rs 2 million from a truck on Wahdat Road, sources informed here on Saturday. Official sources told Customs Today that the contraband goods and articles were being smuggled to the local market of Lahore.  The official sources said that illegally imported iron, cloth, drinks and other ... Read More »

Audit of Multan Customs for FY 2014-15 begins

MULTAN: Directorate of Customs Intelligence and Investigation Multan Range office is conducting audit of financial year 2014-15. According to details, the audit team is scrutinizing the seizure cases of Customs Intelligence and Investigation Multan formed during fiscal year 2014-15. The Customs staff is busy in the audit of their cases formed during financial year 2014-15. The audit team will select ... Read More »

Sale of smuggled drugs: Customs court grants post-arrest bail to suspect

KARACHI: The Special Court of Customs Taxation and Anti-Smuggling has granted post-arrest bail to two suspects in a case pertaining to the sale of counterfeit and smuggled drugs. Judge Syed Faiz Rasool Rashdi approved the bail of two suspects, Ghulam Muhammad and Adil, with surety bonds of Rs 1 million each. The Judge also confirmed the interim bails granted to two other ... Read More »

FTO derive against malpractices

ISLAMABAD: Following expeditious efforts by the Federal Tax Ombudsman, the secretariat exterminated malpractices within office successfully. According to sources, FTO Abdur Rauf Chaudhry took special measures to eliminate malpractices residing with headquarter in Islamabad as well as regional offices in other parts of the country. FTO secretariat officials told the privy that reducing malpractices significantly served complainants reaching to FTO. ... Read More »

Faisalabad ASO impounds Toyoata Hiace Van worth Rs 1.2m

FAISALABAD: The Customs Anti-Smuggling Organization (ASO) Faisalabad has impounded a non-duty paid Toyota Hiace Van worth Rs 1.2 million. The ASO Faisalabad, following the directions of Collector Model Customs Collectorate Faisalabad Dr Zulfiqar Ali Chaudhry, conducted raids against non-duty paid vehicles in the region. The ASO team intercepted a vehicle near Chiniot bypass, Faisalabad bearing Registration No. LWC-3738 and asked ... Read More »

Lahore PCA recovers Rs 2.8 m from Ahmed Impex for evading WHT

LAHORE: Directorate Post-Clearance Audit (PCA) Lahore recovered Rs 2.8 million from Ahmed Impex for evading duty and taxes by misusing SRO 1125(I)/ 2011 and SRO 638 (I)/ 2005, Customs Today learnt here. According to the law benefits under the SROs is available only to the persons doing business in five sectors i.e. textile, carpet, leather, sports and surgical that are ... Read More »

FBR directs IRS, PCS to ensure attendance before and after Eid

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all heads of field formation of Inland Revenue Service (IRS) and Pakistan Customs Service (PCS) to ensure full attendance in the field units before and after the declared upcoming Eidul-Azha holidays. Uzma Munir Secretary, Inland Revenue-I, has informed all departments concerned through official letter here on Saturday. According to the letter, ... Read More »

PPF asks FBR to exempt it from taxes

ISLAMABAD: The Punjab Pension Fund (PPF) has requested the Federal Board of Revenue (FBR) to exempt it from all taxes under the Income Tax Ordinance 2001 and issue immigration certificate. According to the details, PPF has written a letter to the FBR in which it asked the board to give it exemptions from all taxes under Part 1 of Schedule 2, ... Read More »

Training workshop for FTO staff to use Urdu software concludes

ISLAMABAD: A three-day training workshop to coach employees of the Federal Tax Ombudsman (FTO) concluded. Secretariat of the FTO arranged the training workshop in order to comply with Supreme Court’s orders regarding implementation of Urdu as official language along with English. The FTO employees, mainly assistants, private secretaries and stenographers, took part in the thee-day workshop. Talking to the Customs ... Read More »

ONO issued against M/s Rubina Asif for tax evasion

KARACHI: The Collectorate of Customs Adjudication-II has issued an Order-in-Original against M/s Rubina Asif for evading taxes/duties to the tune of Rs 832,315 by taking undue benefits under SRO 638(I)/2006 dated 29..2007. According to details, the Directorate of Post Clearance Audit, Customs Karachi while scrutinizing data of importers relating of claiming of admissible/inadmissible concessions in taxes found that the importer ... Read More »

Commerce Ministry invites sealed tenders for supply of toners ‏

ISLAMABAD: The Ministry of Commerce has invited sealed tenders from sales tax registered firms for supply of toners for different offices during financial year 2015-2016. The ministry has sought the rates of 31 different tonners with GST till morning of October 1. Usman Ghani, Section Officer (Administration IV), said that the company’s registration certificate, National Tax Number (NTN), sales tax registration certificate and ... Read More »

SBP to facilitate overseas Pakistanis to use formal channels to send remittances 

ISLAMABAD: As part of the Federal Ombudsman (FO) initiative to facilitate overseas Pakistanis at airports, the State Bank of Pakistan (SBP) is trying to persuade overseas Pakistanis to send remittances through formal channels. As an attaché, the SBP would share FO task to facilitate Pakistani overseas at local and offshore airports aiming at informing passengers of formal channels for money transfers. The documents ... Read More »

NAB recovers Rs 18.8 billion from defaulters: Chaudhry Qamaruzaman

LAHORE: Chairman National Accountability Bureau (NAB) Chaudhry Qamaruzaman has said that NAB has recovered Rs 18.8 billion from defaulters. He warned that action will be taken against defaulters without political pressure from any party. Addressing a gathering in local hotel, Chaudhry Qamaruzaman said, “Corruption is also a form of terrorism and it is necessary to curb it from the bud. ... Read More »

Exit mobile version