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Tag Archives: Custom

Land Port authority to oversee ITTMS project: Ishaq Dar

ISLAMABAD: During the second meeting of the Steering Committee on Integrated Transit Trade Management System, Finance Minister Senator Ishaq Dar lauded Committee members for visiting all three sites including Turkham, Chaman and Wahga for establishing land parts under ITTMS and completing the preliminary work in this regard. The Finance Minister said that Land Port Authority should oversee the construction, and ... Read More »

Privilege cards: FBR Member Admin calls it ‘tribute’ to taxpayers

ISLAMABAD: Federal Board of Revenue (FBR) Member Administration Shahid Hussain Jatoi said that the award of privilege cards by the Premier is a reward and incentive for taxpayers from the FBR. Talking to Customs Today after the ‘privilege cards’ awarding ceremony to taxpayers, he said that conferment of such honoured cards was very rare in the world as nowhere taxpayer ... Read More »

FBR seeks law ministry to remove futile solicitors

ISLAMABAD: Federal Board of Revenue (FBR) sought Law Ministry’s advise to remove lawyers with poor performance for proceeding of its pending cases in courts. As per details, FBR asked Law ministry to handover performance report of lawyers who were preceding the FBR cases in courts. FBR has decided to remove the solicitors showing poor performance adding that only capable lawyers ... Read More »

Preventive Service Officers Association puts forward demands for CPF meeting

KARACHI: The Preventive Service Officers Association has revealed its agenda for upcoming Common Pool Funds (CPF) Committee meeting, here the other day. As per details, the agenda contains 13 demands including medical treatment in various hospitals for Class-IV and field officers of MCC-Preventive, payment of medical bills to all employees on priority basis, health insurance policy for all employees of ... Read More »

Premier awards ‘Privilege cards’ to top taxpayers

ISLAMABAD: The Prime Minister Muhammad Nawaz Sharif handed over the Privilege Cards to top 100 taxpayers of different categories at Prime Minister’s office Auditorium. The cards will be valid for one year. As per details, the ceremony was also attended by Mr. Ishaq Dar, Finance Minister and Chairman Federal Board of Revenue (FBR), Mr. Tariq Bajwa. The scheme has been ... Read More »

LCCI asks FBR to withdraw SRO 608(I)/2014

LAHORE: Lahore Chamber of Commerce & Industry in a press release confirmed that all trade associations of city had rejected tax measures of SRO 608(I)/2014 unanimously and called for it’s immediately withdrawal. AS per details, trade associations of LCCI urged the government to facilitate the business community to put the economy back on track. The demand was raised at a ... Read More »

Lower Employees Association calls for urgent CPF meeting

KARACHI: The General Secretary of Lower Employees Association, Syed Aftab Hussain Shah Hamdani requested FBR top officials to arrange CPF meeting to address the issues of employees. As per details, the meeting of Common Pool Funds (CPF) Committee and Welfare Trust has not been convened for last 2 years. The last CPF meeting was convened by the Collector MCC-Appraisement Abdul ... Read More »

Investigations underway against TCS and Smart Zone on duty evasion charges

ISLAMABAD: Investigations have been instigated against The Courier Services (TCS) and Smart Zone Company for their alleged involvement in smuggling of electronic gadgets under cover of Afghan Transit Trade here the other day. As per details, TCS with collaboration of Smart Zone Company allegedly imported electronic gadgets worth millions under Afghan Transit cover without paying duty. Directorate General Customs Intelligence ... Read More »

Taxpayers denounce delaying tactics of NBP staff

KARACHI: The taxpayers expressed their deep concerns over pathetic performance and delaying tactics of National Bank of Pakistan (NBP), Custom House Branch while submitting Customs Duty and other taxes. While sharing their views with Customs Today, taxpayers showed their anguish as they have been passing through tremendous agony during the holy month of Ramadan. they said,  they have to wait ... Read More »

Govt. Trade Missions: ICCI asks entrepreneurs’ representation

ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) has asked government to renovate trade missions by installing qualified traders as commerce advisers to improve the country’s exports. ICCI President Shaban Khalid said that government should appoint business persons and entrepreneurs for trade missions as they reserve quota for journalist in foreign missions because businessmen can better handle the business interests of ... Read More »

ANF recovers 1kg heroin, held two drug-peddlers

 MULTAN: Anti Narcotics Force (ANF) Multan recovered one Kilogram Heroin from two passenger at Multan Airport here the other day. As per detail, Anti Narcotics Force has arrested two passengers from Multan Airport and recovered one kilogram heroin during routine checking.The ANF Multan Airport team intercepted the passengers named Mohammad Asif r/s of Faisalabad and Naseer r/s of Jhang in flight ... Read More »

GST cut will stimulate tractor sale, stabilize industry

MULTAN: Government decided to reduce the general sale tax (GST) on tractors to 10% from already 17%, for FY 2014-2015 to enhance the tractor industry, directly linked to agricultural progress. As per details, the federal government has initially decided to cut general sale tax on the manufacturing of tractor to enhance the agricultural growth and to improve tractor industry. Previously, ... Read More »

Customs I&I seizes tyres, auto parts, cars worth Rs3.5m

Multan: Multan Customs Intelligence seized goods Rs3.5 Million in two different raids on possible tax evasion here on the other day. As per details, Customs Intelligence carried out an operation on tip of some informer and recovered two imported cars in Sakhi Sarwar Police Station’s area. While, in another raid, Customs Intelligence seized tyres and auto parts from Jaffer Express ... Read More »

Pending Cases: FBR to request courts for timely decisions

ISLAMABAD: Federal Board of Revenue (FBR) has decided to file an application to apex and high courts through Law Ministry for timely decision of pending cases to avoid billions of rupees revenue loss. As per details, FBR decided to request the apex and high courts to devise a strategy to early solve FBR cases to end the legal war, costing ... Read More »

Customs seizes iron rods of S.M Foods Multan on misdeclaration

Multan: The Customs Authorities have seized steel iron rods of biscuit factory of S.M foods on misdeclaration of goods. As per details, Customs Intelligence and Investigation seized the consignment of Saim Mobeen Foods due to under valuation of steel iron rods used in baking biscuits imported last month. According to Customs authorities, the goods imported worth more than 25 million but ... Read More »

Functional PCA could enhance revenue recovery operations: Experts

KARACHI: The Federal Board of Revenue (FBR) has been facing impediments in its revenue recovery operations due to incompetency of Directorate of Post Clearance Audit (PCA). Talking to Customs Today, experts from Pakistan Customs were of the view that the PCA was one of the significant departments of FBR, however; not proper functional now. “The shortage of man-power and lack ... Read More »

Customs I&I seizes auto parts, tyres, tobacco worth Rs 8.1m

LAHORE: Directorate of Investigation &Intelligence Lahore seized auto parts, tyres and tobacco worth Rs 8.1 million and lodged FIR against Culprits. As per details, Customs I&I seized engines, auto parts and tyres worth Rs 7.1 million at Motorway interchange, Thokar Niaz Baigh the other day. A Source told Customs Today, that the Customs Investigation and Intelligence seized 73 High traffic ... Read More »

GCCI pays tribute to retiring Chief Commissioner IRS

SIALKOT: Gujranwala Chamber of Commerce and Industry (GCCI) expressed their gratitude, love and respect to the outgoing Chief Commissioner Inland Revenue Gujranwala Waqar Ahmed. As per details, in a farewell meeting held in honor of the retiring Chief Commissioner Inland Revenue, the GCCI President Sheikh Nouman Salah Ud Din termed Waqar Ahmed as an asset to the department, who left ... Read More »

Work overload: 655 vacancies endanger RTO’s revenue operations

SIALKOT: The incumbents of  Regional Tax Directorate has been suffering work overload due to vacant seats threatening revenue operations in the region. As per details, the Federal Board of Revenue (FBR) has already approved as many as 655 vacancies of different cadre officials at Regional Tax Office (RTO) Gujranwala but still no appointment witnessed. On the other hand, about 375 ... Read More »

FBR asks Customs, IRS employees to submit missing appointment letters

ISLAMABAD: Federal Board of Revenue (FBR) has  ordered employees from Inland Revenue and Customs Department to submit their missing appointment letters as soon as possible for the processing of their applications to shuffle their duties. Appointment letters of BPS 1 to BPS 16 employees of Inland Revenue and Pakistan Customs Department of Federal Board of Revenue (FBR) have been allegedly ... Read More »