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Tag Archives: Customs Adjudication

Customs Adjudication issues ONO against Halliburton Worldwide for tax evasion

KARACHI: Additional Collector Customs Adjudication-II Samiul Haq has issued Order-in-Original against the renowned multinational company Halliburton Worldwide Limited (DHL Global Forwarding) against its alleged involvement in massive miss-declaration in terms of value, description and weight of the imported consignments, Oil Well Chemical (Chem Latex-3000). According to details, the importer electronically filed the goods declaration KAPE-HC-51813-11-11-2014 for the import of Oil ... Read More »

SM Food’s Rs4.7 million miss-declaration case adjourned till Feb 2

MULTAN: Hearing of Saim Mobeen SM Food Maker Company’s miss declaration case of 4.7 million is adjourned till 2nd February.  The Customs Adjudication has taken the extension of period for the decision of the miss declaration in import items from Austria. The duration of SM Food Maker Company’s case crossed 120 days so the customs adjudication took the extension period ... Read More »

Customs Adjudication writes FBR for clerical staff

KARACHI: A letter has been sent from the office of the Collectorate of Customs Adjudication to the FBR authorities in connection with shortage of staff, including upper divisional clerks (UDC), lower divisional clerks (LDC) and sepoys for the collectorate, it is learnt. The sources informed Customs Today that the Collectorate of Customs Adjudication-II is facing acute shortage of clerical staff ... Read More »

Case of seized Lexus gets remanded back to Customs Adjudication

  MULTAN: The case of a seized Lexus vehicle worth Rs 7.5 million has been remanded back to the Customs Adjudication on the owner’s request. The vehicle (LX-470) was seized in 2012 and the case was also decided last year, but the adjudication remanded it back on the owner’s request. The collector adjudication has granted the remand for the further proceedings ... Read More »

Collector Adjudication Ranjha to hear Land Cruisers case today

MULTAN: Collector Customs Adjudication Saleem Ahmad Ranjha will hear the case of two imported Land Cruisers worth Rs 15 million today. The registration numbers of both vehicles are Y–720 and B-111 respectively. Both the Land Cruisers are of same model of 2001 and seized due to nonpayment of customs duty. The worth of one seized Prado Jeep is worth 7.5 ... Read More »

ONO issued against Royal Packages to recover Rs478.56 million

KARACHI: The Collectorate of Customs Adjudication-II has issued Order-in-Original (ONO) against the importer M/s Royal Packages (Pvt) Ltd for its involvement in tax evasion to the tune of Rs 438.56 million by taking undue advantage of the concessionary SRO811(I)/2009 read with SRO645(I)/2011 and SRO152(I)/2013. The Collector of the Collectorate of Customs Adjudication-II Ahmed Mujtaba Memon in his judgment has also ... Read More »

Additional Collector Sami penalizes importer for mis-declaration

KARACHI: The Additional Collector Sami-ul-Haq of the Collectorate of Customs Adjudication-II has issued Order-in-Original (ONO) against the importer M/s O S Corporation for its involvement in mis-declaration of the description, value and classification of the imported goods and tried to evade the government duty/taxes amounting to Rs 992,121 while the value of offending goods recorded at Rs 4,960,214. In the ... Read More »

FBR raises large taxpayer unit’s target by 30pc

LAHORE: The Large Taxpayer Unit (LTU) of the Federal Board of Revenue (FBR) has been assigned 30 percent more revenue target for September this year than the last year’s collections of Rs 15.03 billion during the same period. Sources told Customs today that the FBR has assigned Rs 19.497 billion tax collection target to LTU for September this year, which ... Read More »

FBR to devolve powers to act against ‘black sheep’

ISLAMABAD: The Board in Council of the Federal Board of Revenue (FBR), on suggestion of Member Customs Nisar Muhammad Khan, has decided to give authority of institutional punitive measures to field formations, chief collectors and chief commissioners. After the said decision, heads of the field formations will be authorised to take action against corrupt officers on mismanagement and corruption. The ... Read More »

Bajwa directs tax officers to recover Rs 70 billion from SM Foods

MULTAN: The Federal Board of Revenue Chairman Tariq Bajwa has directed the subordinates to present the comprehensive report on Rs 70 billion tax evasion by a famous businessman of Multan City. As per details, FBR chairman asked regional tax officers of Multan to recover Rs 70 billion rupees tax from a businessman evaded in last two years. The accused Saim ... Read More »

FBR officials arrest factory owner for evading Rs 280 million tax

LAHORE: Federal Board of Revenue Lahore Deputy Commissioner Inland Revenue Raza Ashfaq Sheikh has arrested a factory owner for allegedly evading Rs 280 million tax. As per details, the deputy commissioner raided a house in Shahdman, Lahore, and arrested Nasir Tariq Butt, owner of Munir Foundry situated on Shiekhpura Road. Butt had not been paying his tax dues since 2009. ... Read More »

Member Admin Shahid Jatoi takes action against corrupt officers

ISLAMABAD: Federal Board of Revenue (FBR) Member Admin Shahid Hussain Jatoi has learnt that most of his instructions regarding corrupt officers were being ignored by lower management staff. As per details, Jatoi has sought the records of personal hearings against corrupt officers, from his appointment to date, on reports of mismanagement in these cases. It is learnt that the Member ... Read More »

PRA seeks audited copy of accounts from taxpayers

LAHORE: The Punjab Revenue Authority (PRA) has asked the registered persons and businesses in corporate sector to submit a copy of annual audited accounts along with tax payments’ propriety certificate from auditors. The authority said that the main provisions relating to maintenance and production of records for the purpose of Punjab sales tax are available under sections 31 and 32 ... Read More »

India to frame law to protect Pakistani investors

ISLAMABAD: The Ministry of Commerce, in a report, sent to the government stated that the Indian Parliament is planning legislation to provide financial and non-financial protection to those Pakistani investors who are interested to invest in India. “Therefore, Pakistani government must also take such an initiative to attract more investment from foreign investors and legislate to protect the foreign investors,” ... Read More »

FBR asked to implement employees union’s demands

LAHORE: The Federal Revenue Alliance Employees Union has asked the Federal Board of Revenue (FBR) to implement long delayed charter of demands of the union immediately, in a monthly meeting here the other day. Federal Revenue Alliance Employees Union President, Syed Naeem Abbas Shah preside the meeting at the FBR Lahore office. The general secretary of the union, Shahzad Butt told ... Read More »

FBR Chairman Bajwa chairs board-in-council meeting today

ISLAMABAD: The Federal Board of Revenue (FBR) has changed the time for board-in-council meeting to 2:30pm which was scheduled at 11am on Wednesday. As per details, FBR Chairman Tariq Bajwa will preside the meeting in which policy decisions about audit policy will be taken. FBR Member Inland Revenue Policy Shahid Asad, Member Inland Revenue Muhammad Ashraf Khan, Member Admin Shahid Hussain Jatoi, ... Read More »

ANF seizes tons of contrabands in Khyber Pakhtunkhwa

ISLAMABAD: The Regional Directorate Anti-narcotics Force (ANF) Khyber Pakhtunkhwa recovered smuggled drugs worth billions of rupees in August, which were several times more than the quantity of drugs recovered during July. According to the available data, the ANF seized 27.6kg heroin, 460kg hashish, 50,400kg sulfuric acid and 2.5kg amphetamine in August. Statistics revealed that ANF arrested 20 accused for their alleged involvement ... Read More »

FBR Member Ashraf Khan tells officers to achieve targets

ISLAMABAD: The Federal Board of Revenue has decided to transfer those field formation officers who will not show better performance till first quarter (October) of this fiscal year. As per details, FBR Member Inland Revenue Muhammad Ashraf Khan gave field formation officers two month respite to achieve their individual targets and warned them of transfer on showing inefficiency in their ... Read More »

UK funds FBR for tax awareness campaigns

ISLAMABAD: British Department for International Development will donate Rs 5 million to Federal Board of Revenue (FBR) which will be spent on awareness campaigns urging people to pay tax. As per details, a delegation of DFID has met with FBR Chairman Tariq Bajwa and offered him Rs 5 million funds for the campaigns to educate public about the importance of ... Read More »

TDAP to organize ‘Alishan Pakistan’ exhibition in New Delhi

ISLAMABAD: Despite strong opposition by an Indian Hindu fundamentalist organisation, preparations are in full swing to make the upcoming event ‘Aalishan Pakistan’ lifestyle exhibition in New Delhi a big success. The event is being organised by Trade Development Authority of Pakistan (TDAP). The Hindu Janajagruti Samiti (HJS), working for establishment of Hindu society, has demanded the Indian government stop the ... Read More »