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Tag Archives: Custom

Customs seizes 143 used mobiles at Allama Iqbal Airport, FIR lodged

LAHORE: Customs authorities on Tuesday seized 143 used mobiles worth Rs 2,000,00 at the Allama Iqbal International Airport Lahore and registered FIR against an accused under Customs Act 1969. According to Customs officials, Muhammad Amir Khan of Chakwal was attempting to smuggle used mobile phones under pretext of personal luggage. The customs authorities examined the language and found used mobile ... Read More »

Customs I&I seizes 120,000 litres smuggled oil

Karachi: Directorate General of Intelligence and Investigation (I&I) Hyderabad seized oil tankers carrying sixty thousand litres of smuggled oil worth Rs 10 million. As per details, DG I&I on tip of informer raided oil tankers carrying smuggled oil and seized 60,000 litres oil. Three criminals have been arrested during the seizure. It was said that oil was being smuggled to ... Read More »

KSE hits all-time high of 30413.23 points

Karachi Stock Exchange (KSE) closed at 30413.23 all time high amid higher trades after SBP mentioned improving economic conditions. KSE 100 index end the day at 30413.23 points compared to 30224.89 points of the last working day on Friday. Moreover, with an immense increase of Rs 42 billion, total capital of market cross Rs 7.100 trillion, and trade share was ... Read More »

Red card: No more tax exemptions to NGOs/NPOs

ISLAMABAD: Federal Government has withdrawn the tax exemptions provided to education institutions running under NGOs, NPOs and welfare trusts. Instead of that they will now receive 100% tax credit facility equal to their payable tax but private charity institution that were not active in welfare efforts will not eligible for this privilege too. The three mandatory conditions to get 100% ... Read More »

CAC Pakistan summit & Agro Chemical Expo on August 5-6

LAHORE: China Agro Chemical (CAC) Pakistan Summit and Pak-China Agro Chemical Expo will be held on August 5-6, 2014 at Lahore Expo Centre. The President Lahore Chamber of Commerce and Industry (LCCI) Sohail Lashari at a press conference said that Punjab CM Shahbaz Sharif and Chinese Ambassador would attend the event Pak-China suit and expo. Mr. Lashari said that it ... Read More »

Multan Customs I&I seizes generators, vehicles worth Rs 11.2m

Multan Customs I&I seizes generators, vehicles worth Rs 11.2m Multan: Customs Intelligence and investigations (I&I) seized smuggled generators and vehicles worth Rs 11.2 million on charges of duty evasion. As per details, Multan Customs I&I confiscated the imported generator due to non-payment of customs duty along with mini trucks used in the smuggling of generator. Deputy Director Customs I&I Nisar ... Read More »

Bajwa’s absence: Race for FBR chairman post hots up

ISLAMABAD: The race for the Chairman post of the Federal Board of Revenue has been taking curious turns with the senior officers throwing their hats into the ring. After the FBR Chairman Tariq Bajwa left his office few days ago on leave, there were huge curiosity that “who will be the next FBR Chairman” if Mr. Bajwa will transferred to ... Read More »

CHS vows relief efforts till IDPs back at home

LAHORE: Customs Health Society (CHS) President Dr. Asif Mehmood Jah assured that relief efforts for IDPs will continue until every IDP back at home at North Waziristan. He mentioned that the CHS has also dug out Thirty five (35) water wells in Tharparkar area of Sindh for provision of clean drinking water to more than 50,000 people of the area. ... Read More »

Customs Appellate Tribunal dismisses MCC-Exports appeal against M/s Cresox

KARACHI: The Customs Appellate Tribunal, Bench-III has dismissed the appeal filed by the appellants i.e. Deputy Collector of Customs, Model Collectorate of Customs (Exports) against the Order-in-Original (ONO) No.26 issued by Collector (Adjudication) against M/s Cresox (Pvt) Limited. According to the details, the Customs Appellate Tribunal directed the authorities concerned of MCC-Exports to renew the license of the respondents upon ... Read More »

Customs denies smuggling under ‘official patronage’

HYDERABAD: The Model Customs House Jacobabad has denied the news item regarding “smuggling of contraband under official patronage” published in a section of english press. In a press release issued by the Customs House Jacobabad clarified that Customs staff at Jacobabad check-post were not involved in any kind of smuggling as per the strict instructions from FBR Member (Customs) and ... Read More »

Lahore ANF seizes 18kg drugs, arrests 6 smugglers

LAHORE: Anti- Narcotics Force (ANF) seized 18 kg heroine and charas and arrested 6 drug smugglers in various raids in Lahore. According to details, Lahore Anti Narcotics Force seized a shipment at Sky Net Cargo Office Lahore and recovered 3.6 kg heroin tactfully concealed in five boxes containing child suits, handbags, dinner sets and bed spread items. The consignment was ... Read More »

Multan Customs I&I seizes cloth worth Rs9.3m

Multan: Customs Intelligence and Investigation (I&I) seized imported cloth of worth Rs9.3 Million on misdeclaration. As per detail, Customs I&I Multan raided a container on a tip of informer. The seized cloth was declared as imported from Europe but it found as imported from China in invoices. Deputy Director Custom’s intelligence and investigation (I&I) Nisar Ahmad has instructed all officials ... Read More »

Mobilink exposed: Customs blows the lid off another tax fraud

KARACHI: Country’s top telecom company Mobilink has been caught evading millions of rupees taxes and customs duty by mis-declaration in the import of DC Cabinet Air Conditioners while using Green Channel facility at Port Qasim. Customs Collectorate of Port Qasim has made contravention report against M/s Mobilink for deleberately mis-declaring the description and wrongly mentioning the PCT to avail Green ... Read More »

Customs seizes cigarettes, gutka, sheesha worth Rs 66m

KARACHI: Directorate of Customs Intelligence Karachi and Pakistan Rangers Sindh in a joint operation recovered huge quantity smuggled cigarettes, Indian gutka and flavor sheesha worth Rs 66million at Bolton Market Karachi. As per details, foreign cigarettes, gutka and sheesha in a huge quantity have been illegally stored in different areas of Bolton Market Karachi. A team of Customs Intelligence officials ... Read More »

FTO sets up new advisory committee

ISLAMABAD: Federal Tax Ombudsman (FTO) Abdul Rauf Chaudhry issued notification of new ten members’ advisory committee with specified jurisdiction to perform the functions of the FTO. As per details, FTO announced ten members Advisory Committee for expert opinions on legal and policy matters of FBR. FTO Abdul Rauf Chaudhry will act as the Chairman of the committee while other member ... Read More »

AIB of MCC Appraisement-West yet to recover 3 vehicles

KARACHI: The Appraisement of Intelligence Bureau (AIB) of the Model Customs Collectorate of Appraisement-West has failed to recover three smuggled vehicles out of total seven, passing two month since start of case. According to the details, the AIB of MCC Appraisement-West had recovered four smuggled vehicles of Mercedes Benz C-200, Model 2008 out of seven which were imported on fake ... Read More »

Govt. will revive sick units to stablize economy: Khurram Dastgir

ISLAMABAD: The Commerce Minister Eng. Khurram Dastgir asked the members of the delegation of Faisalabad Chamber of Commerce and Industry (FCCI) to provide the Ministry with complete details of the closed units and the number of employees which were rendered out of work due to the closure here the other day. He said the details about ill units will help ... Read More »

Customs’ lower employees still waiting for promotions

KARACHI: The lower employees of Pakistan Customs including jamadars, hawaldars and sepoys have been waiting notification from ADC-Headquarters-I for their promotions. The Additional Collector Model Customs Collectorate (MCC) Preventive Shafqat Ali Khan Niazi asked the incumbents of Pakistan Customs Class-IV and Lower Employees Association to present a list of Customs officials from Grade 1 to Grade 7 for due promotions. ... Read More »

Pak Customs guarding borders against smuggling: Collector

SIALKOT: Collector Model Collectorate of Customs Sialkot Qurban Ali  Khan said that Pakistan Customs has been guarding Pakistani borders against smuggling and facilitating the legal trade. Talking to the Customs Today at his office Mr Qurban said that the Pakistan Customs has been trying to assist FBR in his revenue collection efforts in the form of duty recovery on goods traded ... Read More »

Qadir urges business community to step forward to help IDPs

LAHORE: Federal Minister for States & Frontier Region Lt. General (R) Abdul Qadir Baloch has sought business community help for provision of pedestal fans, water coolers and tents to nearly one million IDPs for their survival in this hot weather. He was speaking at the Lahore Chamber of Commerce & Industry (LCCI) here the other day. LCCI President Engineer Sohail ... Read More »