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Tag Archives: Collectorate of Appraisement-West

Appraisement-West implements Queue Management System

KARACHI: A Queue Management System (QMS) has been introduced at the Model Customs Collectorate of Appraisement-West to facilitate the authorised clearing agents and importers. According to details, automated token machines have been installed outside the offices of the assistant and deputy collectors to facilitate the clearing agents during the hearing of their cases. Moreover, proper seating and lighting arrangements for ... Read More »

Potential taxpayers served show-cause notices in Lahore

LAHORE: The Lahore Broadening of Tax Base (LBTB) has issued 1,500 show-cause notices to the potential taxpayers and enterprises Under Section 122C of the Income Tax Ordinance 2001. The notices have also been served on such individual and enterprises which were declared as potential taxpayers on the bases of the assessment of their properties or they had conducted taxable transactions. ... Read More »

Up country dry ports vital for interregional trade: Ishaq

SIALKOT: All Pakistan Dry Ports Association Chairman Muhammad Ishaq Butt said that the role of up country dry ports will become vital in the future with the growth of inter-regional trade, especially due to improving trade relations among Saarc countries and predictable peace in the region. Talking to Customs Today here, he said that all issues related to the up ... Read More »

Youths: From assets to liability

Pakistan is blessed with intelligent brains and myriad of hardworking workforce, but how much is its utility in this land of pure is a million dollar question. When the skilled workforce is put to work, it is an asset and when it is not, it is a liability. In the same manner, more population means more businesses and more jobs, ... Read More »

FBR Chairman, Member Customs review revenue operations

KARACHI: The Federal Board of Revenue (FBR) Chairman Tariq Bajwa and Member Customs Nisar Muhammad Ali Khan visited Karachi Customs House to hold meetings with the Pakistan Customs officials on revenue operations at Chairman Secretariat. The Pakistan Customs Enforcement-South Chief Collector Muhammad Nazim Saleem, Appraisement-South Chief Collector Nasir Masroor, MCC Appraisement-East Collector Najeeb-ur-Rehman Abbasi, MCC Appraisement-West Collector Muhammad Saleem, MCC ... Read More »

Traders start preferring Karachi port over Islamabad Dry Port due to sit-ins

ISLAMABAD: The importers and exporters from Islamabad have started importing and clearing their consignments from Karachi port instead of Islamabad Dry Port due to sit-ins in the federal capital. The traders of Islamabad have been more vulnerable to the effects of the present political disturbance than of any other city in the country. Many importers have cancelled their orders due ... Read More »

Sialkot Dry Port Chairman urges dialogue, condemns road blockade

LAHORE: Sialkot Dry Port Chairman Muhammad Ishaq Butt has demanded all the political parties resolve the political issues through dialogue in the larger interest of the country. He said that political unrest in the federal capital had affected the exports from Sialkot Dry Port as all roads from Sialkot to Islamabad were blocked. “Exports have decreased by 30 percent during ... Read More »

Imran, Qadri sit-ins: A mixed week for KSE 100-index

KARACHI: A war of nerve between bulls and bears had been continuing at the Karachi Stock Exchange for the entire previous week as the KSE 100-index jolted many a time owing to Azadi and Inqilab marches led by Imran Khan, the chief of Pakistani Tehreek-e-Insaf (PT) and Dr Tahirul Qadri, the chief of Pakistan Awami Tehreek (PAT) in the federal ... Read More »

Lashari urges govt, PTI to end deadlock

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Sohail Lashari said that government and protesters should end deadlock and negotiate on mutual terms in the larger interest of economy which is suffering mainly from prevailing political disturbance. In an exclusive talk with Customs Today on current situation, he advised the government not to use power against demonstrators as he ... Read More »

Hyderabad Collector Memon declares crackdown on oil smuggling

HYDERABAD: Hyderabad Model Customs Collectorate Collector Dr Wasif Ali Memon has declared crackdown against illegal trade of smuggled Iranian diesel and ordered subordinates to demolish petrol pumps involved in illegal selling of smuggled oil. Anti-smuggling squad has also been established under supervision of MCC Preventive Assistant Collector Imanullah Khan Tareen to curb the menace of smuggling in Hyderabad. Sources told ... Read More »

Customs Adjudication-I decides 211 cases of Rs 22.15b

KARACHI: The Collectorate of Customs Adjudication-I has decided 211 cases involving Rs 22.15 billion evaded customs duty and taxes during the time period from November 12 to May 14. According to the details, three collectors served as Collector of Customs Adjudication-I during November 12 to May 14. In the reign of Collector Abdul Rasheed Shaikh (Nov 12 to Jan 13), ... Read More »

Appraisement-West to launch Queue Management System

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-West is going to launch “Queue Management System” (QMS) in the Collectorate by the end of this month (August) for the facilitation of importers and clearing agents. This was informed by the Collector, MCC-Appraisement (West) Muhammad Saleem while talking to Customs Today exclusively at his office. Highlighting the characteristics of QMS, Collector Muhammad ... Read More »

FBR revenue increases by 8pc despite Imran, Qadri marches

ISLAMABAD: The tax collection of Federal Board of Revenue (FBR) has not affected by current political turmoil due to Imran and Qadri’s marches which cost Rs450 billion losses to economy of Pakistan in last few days. As per details, FBR has managed to collect Rs79 billion of revenue in current month till August 18 with an increase of 8 per ... Read More »

Bajwa takes notice of low attendance at FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Tariq Bajwa has taken the action on complaints of officials’ absence in FBR headquarters following the Azadi and Inqlab march mania in the capital and ordered them to make sure their attendance. As per details, FBR Chairman has issued a circular which stated that FBR officials should make sure their presence at ... Read More »

Imran’s call for tax non-payment to fail: Asad

ISLAMABAD: The Federal Board of Revenue (FBR) spokesperson and Member Inland Revenue Shahid Asad said that Imran’s call for civil disobedience is an irresponsible statement which will not affect revenue operations. He said that it is not possible that  someone could get any exemption from paying tax as you can’t argue with shopkeeper while buying daily commodities by saying that ... Read More »

LHC issues stay order against tax notice to Minhaj

LAHORE: The Lahore High Court (LHC) issued stay order against Rs700 million tax notice to Minhajul Quran International issued by Federal Board of Revenue (FBR) and restrained it from recovery of taxes from welfare organization. As per reports, Minhajul Quran had filed an application in LHC, demanding that MuQ is a welfare organization; therefore, it was given exemption from paying ... Read More »

Govt asks civil servants to declare assets

ISLAMABAD: The Establishment Division has issued a circular to employees of all ministries and institutions asking them to declare their assets details. It is obligatory for all civil servants to declare their assets after the start of new fiscal year; however except from FBR, other employees of different ministries and institutions have not yet declared their assets despite passing more ... Read More »

No activity at Islamabad Dry Port in two days

ISLAMABAD: All sorts of export/import activities remained suspended at Islamabad Dry Port after the local administration cordoned off the capital with containers in a bid to avert entry of the PTI and PAT marchers, cutting the economy to the bone. The Islamabad Dry Port authorities claimed that the port had been suffering millions of rupees losses on a daily basis ... Read More »

Importers demand adequate seating arrangement in Appraisement-West

KARACHI: The importers and Customs agents have demanded proper seating arrangements in Model Customs Collectorate (MCC) Appraisement-West for the hearing of their cases. As per details, importers and customs agents have complained that they have to wait in long queues from morning to evening for the hearing of their cases as there was no proper seating arrangement in hearing halls. ... Read More »

Tug-of-war: FPCCI Office turns a battlefield among VPs

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Office has become battleground as clashes abrupt between companions of vice presidents and other officials on occupying the office room for vice president. A source told Customs Today that the main cause of the clashes was political nature as central leaders of FPCCI used the forum as political tool ... Read More »