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Cocaine and heroin caught from passenger

HONG KONG: Customs officers seized about 378 grams of cocaine and 759 grams of heroin at the Hong Kong International Airport, with a total estimated market value of $ 1 million. A female passenger was arrested. The arrested person aged 51. She was an incoming passenger arriving at Hong Kong from Uganda, via Doha, Qatar. She was suspected to put ... Read More »

Shortage of advanced machinery at QICT for de-stuffing, re-stuffing

To, The Manager Operations, Qasim Int’l Containers Terminal Karachi   Respected Sir,   I would like to draw your kind attention towards the burning issue pertaining to the scarcity of the latest equipment being used for handling of scrap at Qasim International Containers Terminal (QICT). I would like to inform you that the importers are facing immense problems and difficulties ... Read More »

Arms import: Customs directed to abide by Interior Ministry’s notification

ISLAMABAD: The Federal Board of Revenue has directed the Customs Collectors not to allow import of prohibited bores of weapons and strictly abide by the notification by the Ministry of Interior issued for the purpose. The FBR directed the collectors to observe categories of both prohibited and non-prohibited bore weapons for import purposes under the notification. Collectors of Customs should ... Read More »

Pakistani cotton yarn remains a major export during FY 2013-14

Of the four sectors, with a turnover of over $1 billion during the first half of current fiscal year, cotton yarn exports have crossed one billion dollar mark during the period. Despite some decline in overall exports of cotton yarn, it still is one of the chief exports of the country. Sources said that despite stiff competition in the world ... Read More »

Talks on Gwadar port master plan to be held in Beijing

ISLAMABAD: Officials of Pakistan and China will take up the matters of developing a master plan for Gwadar Port during talks in Beijing on February 17. Pakistan’s team will be led by Planning and Development Minister Ahsan Iqbal. Gwadar envisages an investment of $12 billion by Beijing while being part of the economic corridor that will turn Pakistan into a ... Read More »

Reining in corruption within: FBR indecisive on policing powers

ISLAMABAD: The highest decision-making body of the Federal Board of Revenue, the Board-in-Council, remained indecisive to come up with a clear-cut approach and strategy to rein in the corrupt practices within the organization and decide as to who will police its officers. The FBR’s Board-in-Council met amid lack of internal mechanism to check the taxpayers and officials’ collusion for tax ... Read More »

Charges of freight, shipping companies must be regulated: KCCI President

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Aamir Abdullah Zaki has urged the government to take on board the business community and other stakeholders to evolve a consensus for tax reforms and collection. “Look, the business community, being a key stakeholder, wants to sit down and discuss tax reforms with the government to develop a foolproof tax collection ... Read More »

Dar reviews capacity tax collection, grey traffic issues

ISLAMABAD: Finance Minister Ishaq Dar presided over a meeting of the FBR authorities and representative of the beverage companies to discuss revenue collection under the capacity tax rules. The finance minister observed that the capacity system had been introduced in the last budget to allow the industry work freely, without unnecessary interventions from the department while duly contributing to the ... Read More »

Foreign ministries blamed for impasse on trade talks

LAHORE: Commerce Minister Khurram Dastgir has blamed the foreign ministries of Pakistan and India for the current stalemate in bilateral trade talks as the foreign ministries have refused to resume composite dialogue. However, Dastgir has shown optimism that talks would resume soon and Pakistan would be able to deliver on the promise of removing all bans on Indian exports and ... Read More »

FBR launches aggressive drive for broadening tax base: Shahid Asad

ISLAMABAD: FBR Spokesman Shahid Hussain Asad on Friday said that the government is committed to broadening the tax net for the economic revival and to enhance the economic growth in the country. He said that FBR launched an aggressive drive for broadening tax base and in this connection National Tax Number (NTN) has been issued to 3.5 millions taxpayers. He ... Read More »

Karachi airport: Customs, ANF officials to check travelers at ASF counters

KARACHI: Customs and ANF officials will start checking the travelers at counters of Airport Security Force (ASF) after orders issued by Prime Minister’s Special Assistant on Aviation Shujaat Azeem.   Sources said that Shujaat Azeem has directed the authorities concerned at Karachi Airport to remove checking counters of Customs and Anti Narcotics Force (ANF) from International Lounge. The sources said ... Read More »

Customs to continue unwavering fight against smuggling: DG I&I

ISLAMABAD: Director General (DG) Customs Intelligence and Investigation (I&I) Riaz Khan said that Pakistan Customs’ unwavering resolve to uproot cross-border smuggling has rendered amazing results. In the past, different departments including ANF, Pakistan Coast Guards, Pakistan Maritime Security Agency, Pakistan Customs and police worked individually against smuggling but after the Supreme Court directives all these departments are working in close ... Read More »

Pak-India trade will continue: Dastgir

LAHORE: Even though the composite dialogue between India Pakistan is suspended, trade talks are continuing and will continue in order to increase commercial exchanges between the two countries. Problems about land trade through Wagah and nondiscriminatory market access will be eliminated gradually. This was stated by Federal Minister for Commerce Khurram Dastgir Khan while talking to Customs Today after the ... Read More »

LCCI urges quick implementation of Pak-India commitments

LAHORE: Lahore Chamber of Commerce and Industry President Engineer Sohail Lashari has called for early establishment of banking network between India and Pakistan, opening up of borders 24/7, infrastructural facilities at borders and containerization of cargo, allowing all tradable items by land route at Wagah. He was speaking at inaugural function of India Show 2014 here at Expo Centre. LCCI ... Read More »

Director Mukarram stresses honesty and commitment

LAHORE: Director Mukarram Jah Ansari has stressed upon the need of team work, professionalism, discipline, honesty and commitment to the purpose among the officials. Ansari was addressing the officials of the directorate on an event arranged by the staff in order to welcome him as he has recently been posted as Director of the Federal Board of Revenue’s Directorate General ... Read More »

Shipping cos & terminal operators: Importers cry foul at unfair charges

KARACHI: The importers and other stakeholders have voiced concerns over what they described as “unfair” service charges being charged by the shipping companies and terminal operators. They claimed that the shipping companies in collusion with terminal operators, were charging individually against the same services like examination charges, insurance, currency adjustment and transportation charges. The importers regretted that all these charges ... Read More »

4 Customs officers promoted to BS-21

KARACHI: The Central Selection Board (CSB) has promoted 21 officers of Inland Revenue Services (IRS) and Pakistan Customs Services (PCS) for BS-21 while another 57 officers have been promoted to BS-20. About 17 officers of IRS were upgraded from BS-20 to BS-21. Only four officers of PCS were approved for promotion to BS-21. About 48 officers from IRS were promoted ... Read More »

Uprooting corruption in FBR: Integrity management policy in the making

ISLAMABAD: The Federal Board of Revenue has going to evolve an integrity management policy for tax officials through a foolproof mechanism to check corruption in the tax machinery. In this regard the FBR Board-in-Council meeting to be chaired by FBR Chairman Tariq Bajwa will discuss the issue of integrity management here on Friday (today). According to details, the Board-in-Council is ... Read More »

ANF seizes 94 kg heroin in countrywide crackdown

LAHORE: Anti Narcotics Force (ANF) has conducted operations in various cities and recovered 94 kg heroin, arresting three persons. The confiscated heroin was estimated to be worth Rs 656 million in international market, said a press release issued here. According to details, ANF at Lahore airport team arrested Kashif Tasneem resident of Islampura, and recovered 1.6 kg heroin concealed in ... Read More »

ASF halts attempt to smuggle heroin to UK

LAHORE: Airport Security Force has arrested a passenger in possession of 1.7 kg heroin at Allama Iqbal International Airport. The passenger was on his way to London via flight from Lahore. The accused was able to pass through three search counters including those of Anti Narcotics Force, Customs and the first counter of ASF. The drugs were detected on second ... Read More »