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Tag Archives: Chief Collector

Ijaz Hussain assumes charge as Member Taxpayers Audit

ISLAMABAD: Federal Board of Revenue (FBR) has issues different notifications regarding charge assumption/relinquishment, look after charge and suspension of Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) officers of BS 18-21. As per details, Syed Ijaz Hussain, (IRS/BS-21), has assumed the charge of the post of Member (Taxpayers Audit), FBR (HQ), Islamabad on December 13, 2014. He had relinquished ... Read More »

FBR to charge 7.5% tax on electricity bills

ISLAMABAD: Federal Board of Revenue has obtained the list of commercial and bulk electricity consumers and sent it to regional tax offices to make tax collection possible. Sources told Customs Today that FBR, with coordination of KESC and DISCOS, will collect 5 per cent and 7.5 per cent sales tax on electricity bills. “The consumers with Rs 20,000 or above ... Read More »

DG Lutfullah Virk takes strict notice of staff absence

ISLAMABAD: Lutfullah Virk, the director general of customs intelligence and investigation, Islamabad, has taken serious notice of the absence and late coming of employees due to current political situation in the capital and warned them of stern action if they didn’t attend the office in time. The director general has also decided to install a bio-metric system in the office ... Read More »

R&D Section of Appraisement-East recovers Rs 24.46m

KARACHI: The Research and Development (R&D) Section of the Model Customs Collectorate of Appraisement (East) has recovered Rs 24.46 million from 22 cases in August, 2014. According to details, the R&D Section has made the recovery of Rs 3,676,281 on the commodity (perfumery items) against the charge of mis-declaration of value and PCT. It has recovered an amount of Rs ... Read More »

Islamabad Customs initiates investigation into Telenor case

ISLAMABAD: The Federal Board of Revenue Directorate General of Customs Intelligence and Investigation has started investigations into telecommunication service provider, Telenor, on mis-declaration in import of telecommunication equipment. Sources told Customs Today that Customs I&I has started reviewing goods declaration forms by the company in this regard. “Customs Intelligence initiated investigation on request of the Karachi Customs into the mis-declaration ... Read More »

Lahore Customs team to visit Karachi to pursue pending cases

KARACHI: An investigative team of the Directorate General of Customs Intelligence and Investigation Lahore has planned to visit regional office in Karachi to pursue important cases. Sources in FBR informed Customs Today that a team headed by Intelligence Officer Yousuf Yaar Khan has to visit Karachi on Monday night to review some high profile cases which are in pending due ... Read More »

Karachi Customs sends Telenor’s alleged tax evasion case to FBR

KARACHI: The Directorate General of the Customs Intelligence and Investigation (I&I) Karachi has forwarded the case of Telenor Pakistan to FBR Headquarters in Islamabad. Telenor Pakistan was allegedly found involved in tax evasion of around Rs 30 million in clearances of telecommunication equipment through mis-declaration. The sources in the directorate informed Customs Today that the authorities in regional office forwarded ... Read More »

Customs Port Qasim collects Rs 25.6b in August

KARACHI: The Model Customs Collectorate of Port Muhammad Bin Qasim has collected revenue of Rs 25.6 billion in share of customs duty, sales tax, federal excise duty and income tax in August 2014. As per details, Collectorate of Port Muhammad Bin Qasim has increased its revenue collection by Rs 5.89 billion as revenue collection in July was Rs 19.74 billion. ... Read More »

ASO seizes contrabands worth Rs 24m in August

KARACHI: The Anti-Smuggling Organisation (ASO) branch of the Directorate of Customs Intelligence and Investigation Karachi seized smuggled goods, including foreign diesel, oil tanker, CNG cylinders, high speed Iranian diesel, silk cloth, poppy seeds, shoes and sleepers worth Rs 24.2 million in which Rs 3.18 million duty involved, in raids during August. As per details, the anti-smuggling team has seized 18,000 ... Read More »

Delay in FTO Sialkot camp office draws STBA ire

SIALKOT: Sialkot Tax Bar Association (STBA) President Shahid Mehmood has regretted the delay in the establishment of Federal Tax Ombudsman (FTO) camp office at the export-oriented city despite a lapse of four months and demanded early setting up of the office. Talking to Customs Today, Mehmood informed that the STBA had long been struggling for the FTO camp office in ... Read More »

Pakistan Origin Card proposed to facilitate investors

ISLAMABAD: The Senate Standing Committee on Commerce and Textile Industry has asked the government to revive the abolished scheme of the Pakistan Origin Card (POC) for Pakistani expatriates to attract foreign investment in the country. Under the POC scheme the Pakistani expatriates, who had left Pakistan at the time of independence and their spouses, were allowed to travel to Pakistan ... Read More »

Customs registers FIR against Mashahni Enterprises on cheque bounce

LAHORE: The Model Collecotorate of Customs (MCC) Appraisement Investigation and Prosecution (I&P) Cell has lodged an FIR against the Mashahni Enterprises after a cheque of Rs 12.6 million issued by the company bounced. As per details, the Mashahni Enterprises had allegedly cleared a consignment of 20,265 kilogramme consisting of drawing pen and markers worth Rs 3.1 million and paid Rs ... Read More »

Only 3 auditors to audit 2 years accounts of Karachi Customs

KARACHI: Department of Customs and Petroleum Director Audit Khalid Hussain has directed the audit of 21 collectorates and directorates of the Karachi Customs. Hussain has nominated Abid Javed Khan, Abdul Rashid Brohi and Muhammad Eisa Khan as audit officers through a letter no 231-DACP/PAC/DAC/verification/2014-14 (Vol-II) dated August 26 sent to the 21 collectorates and directorates referring to the Public Accounts ... Read More »

Importers face heavy fines without fault

KARACHI: Importers have been facing heavy fines and surcharges for delay in grounding of containers at the Pakistan International Container Terminal (PICT). Sources told Customs Today that importers have been waiting from five to six days for the grounding of containers for examination during the last few weeks. “Importers were being fined for delay even the Karachi Customs Agents Group ... Read More »

Bajwa reviews tax operations, meets British delegation

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has instructed all field formation officers to gear up their efforts to achieve the revenue target for the current fiscal year. As per details, the FBR chairman has given the instructions to officers during a presentation given by member IT Miss Ra’ana Ahmad at the FBR headquarters. In this presentation, member IR ... Read More »

Customs halts smuggled Iranian diesel flow: Wasif Malik

KARACHI: The Pakistan Customs has succeeded in cutting off supply line of smuggled Iranian diesel in recent days in Karachi. MCC Preventive Assistant Collector Muhammad Wasif Malik while talking to Customs Today said that the inflow of smuggled diesel in Karachi has been decreased at large extent and claimed that no petrol pump has been selling or purchasing smuggled diesel/petrol ... Read More »

Top officials’ reshuffle expected at MCC Lahore

LAHORE: Federal Board of Revenue (FBR) is likely to reshuffle top executives at Model Customs Collectorate in upcoming week. According to a source, Chief Collector of Custom central region Rozi Khan Burki, Collectors of Customs Preventive Fazal Yazdani Khan and Muhammad Zahid Khokhar were supposed to be among those could be transferred. The sources disclosed that Sumera Nazir was expected to ... Read More »

Customs Adjudication to issue show-cause notices to fabric importers

KARACHI: The Model Customs Collectorate (MCC) of Appraisement (West) while following the directives of Chief Collector-Appraisement (South) Nasir Masroor Ahmed has made 54 Contravention Reports (CRs) in case of mis-declaration reported in the import of fabric. The Collector, MCC-Appraisement (West) Muhammad Saleem and Additional Collector, ADC-I Dr Ifthikar Ahmed confirmed Customs Today that the Collectorate has sent 54 Contravention Reports ... Read More »