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Tag Archives: consignments

4,000 air-conditioners worth Rs357m smuggled thru Afghan Transit Trade: FBR

ISLAMABAD: A senior official of Federal Board of Revenue (FBR) has revealed that over 4,000 air-conditioners and electronic goods worth Rs357 million have been smuggled through Afghan Transit Trade. The official of the Board’s intelligence wing  disclosed this before the meeting of the Senate Standing Committee on Finance and Revenue, which was presided over by Nasreen Jalil. Earlier, a report ... Read More »

Cement firms urge FBR to devise system to supervise supplies

LAHORE: All Pakistan Cement Manufacturers Association (APCMA) has requested the Federal Board of Revenue (FBR) and Industries Ministry to devise a system to supervise dispatches at cement factories. The APCMA spokesman said that a wrong impression has been given in a few newspapers (not Customs Today) that cement sector was involved in tax evasion and has to pay Rs 29.72 billion income tax. He ... Read More »

Bosan urged to take notice of stuck consignments at Port Qasim

KARACHI: Karachi business community has urged Federal Minister for Food Security and Research Sikandar Hayat Khan Bosan to take notice of delay in clearance of consignments at Port Qasim. Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Vohra said that the containers carrying wheat, chick peas and pulses have been stuck in the port and yet to be ... Read More »

‘Unrealistic’ policies blamed for hampering business at dry ports

FAISALABAD: The export and import business at upcountry dry ports of the country was sharply hampering and gradually sliding down due to unrealistic and distinctive policies of the government and in case this state of affairs is continued further, the dry ports would automatically sink and the investment of billions rupees in this sector would go down to drains. This ... Read More »

South Region Collectorates outline steps to promote trade, increase revenue

KARACHI: All the three Customs Collectorates of South Region have taken a number of measures to promote trade and enhance revenue collection. These measures have been chalked out by the Collectorates of MCC-Appraisement (East), MCC-Appraisement (West) and MCC-Port Muhammad Bin Qasim with the consent of Chief Collector-Appraisement (South) Nasir Masroor Ahmed. Under these measures, audit of WeBOC System has been ... Read More »

Wildlife trafficking: Customs tribunal slashes fine on accused

KARACHI: The Customs appellate tribunal reduced 75 percent of the fine imposed on five wildlife smugglers charged with illegally sending out 67 consignments of banned species of rose-ringed parakeet between April 2008 and January 2010. Similarly, the tribunal also slashed 60 percent of the fine imposed on three clearing agents for aiding and abetting the wildlife traffickers in smuggling of ... Read More »

Principal appraisers, appraisers likely to show up to FIA

KARACHI: Seven to eight principal appraisers and appraisers of Group-II of Model Customs Collectorate (MCC) Appraisement-West are likely to show up in Islamabad to explain their position to the Federal Investigation Agency (FIA) in the clearance of consignments of pharmaceutical raw-material case. The reliable sources in FBR confirmed to Customs Today that the principal appraisers and appraisers were likely to ... Read More »

Traders want peaceful resolution of political problems

ISLAMABAD: The trading community has suspended all trade and transportation activities across the country ahead of the proposed Azadi march of Pakistan Tehreek Insaf (PTI) and Pakistan Awami Tehreek (PAT). Sharing their views with Customs Today, trade associations including Federation Chambers of Pakistan, All Pakistan Trading Association, Islamabad Chamber of Commerce and Traders Welfare Association expressed great regret over current ... Read More »

Customs Adjudication asks MCC Appraisement-W to review Contravention Reports

KARACHI: The Collectorate of Customs Adjudication has returned all 50 contravention reports (CRs) made by the Model Customs Collectorate of Appraisement-West on misdeclaration of imported fabric consignments and asked to review them as they possibly missing legal formalities. Reliable sources in FBR, on condition of anonymity, informed Customs Today that the Collectorate of Customs Adjudication has returned all the CRs to ... Read More »

Karachi Airport attack: Delay in reimbursement irks importers

KARACHI: The importers have been facing trouble in getting their compensation of duty, announced by the government after Karachi airport attack in which billions of worth consignments including mobile phones, electronic accessories, computer accessories and others set ablaze in the warehouse of Jerry’s Dnata. As per details, the victims of Karachi airport attack told Customs Today that authorities were using ... Read More »

SHC orders to release fabric consignments on US$4.50per kg duty payment

KARACHI: The Sindh High Court (SHC) in its verdict, permitted importers of fabric to cleared their consignments after paying duty at US$4.50per Kg. The Honourable Court has given its verdict against the three Constitutional Petitions filed, including (CP) No. D-3409/2014 filed by the proprietor of M/s Ehsan Sons. The other two CPs were filed by M/s Vital Enterprises and M/s ... Read More »