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Tag Archives: Customs Clearing Agents

Hyderabad Customs seizes 35,000 litres Iranian oil

HYDERABAD: The Hyderabad Anti-Smuggling Squad has seized contrabands worth Rs 5.9 million including 35,000 litres Iranian oil and 17,000 metre cloth in August. As per details, Hyderabad Assistant Collector Preventive Imanullah on directives of Model Customs Collectorate Collector Dr Wasif Ali Memon, conducted successful raids against Iranian diesel, cloth and other contrabands and recovered the smuggled goods worth Rs 5.9 ... Read More »

Bajwa postpones Multan RTO visit due to rains

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has postponed his visit to Multan Regional Tax Office (RTO) which was scheduled on September 5, due to heavy rains in Punjab. Now, the FBR chairman will visit the Multan RTO on September 8 as per the new schedule issued from his office. The FBR chairman and member Inland Revenue Muhammad ... Read More »

FBR sets Rs 252 billion revenue target for September

ISLAMABAD: The Federal Board of Revenue (FBR) has set an ambitious target of Rs 252 billion for September, sources said. According to official sources, the tax collection target for the first quarter (July and September) of the ongoing fiscal year is Rs 569 billion. Sources said that the FBR has achieved the tax collection targets of the first two months, ... Read More »

FBR to charge 7.5% tax on electricity bills

ISLAMABAD: Federal Board of Revenue has obtained the list of commercial and bulk electricity consumers and sent it to regional tax offices to make tax collection possible. Sources told Customs Today that FBR, with coordination of KESC and DISCOS, will collect 5 per cent and 7.5 per cent sales tax on electricity bills. “The consumers with Rs 20,000 or above ... Read More »

PIA, Air Blue, Shaheen Air tried in Rs 1 billion tax scam case

KARACHI: The hearing of sales tax case between two state owned organizations, Pakistan Customs and Pakistan International Airlines (PIA), was conducted at Sindh High Court (SHC). Additional Attorney General Attiq Shah on behalf of both organizations attended the hearing in Sindh High Court. As per details, Pakistan Customs had raised demand of over Rs 1 billion in share of sales ... Read More »

DG Lutfullah Virk takes strict notice of staff absence

ISLAMABAD: Lutfullah Virk, the director general of customs intelligence and investigation, Islamabad, has taken serious notice of the absence and late coming of employees due to current political situation in the capital and warned them of stern action if they didn’t attend the office in time. The director general has also decided to install a bio-metric system in the office ... Read More »

Maneka, Customs officials for removing ATT, WeBOC hurdles

KARACHI: A meeting was held to discuss transit trade and review the progress of the reconciliation of consignments moving from Karachi ports to border points of the Pakistan Customs in Peshawar and Quetta. Director General of Transit Trade (TT) Khawar Farid Maneka presided the meeting which was attended by the additional director Karachi, deputy director TT processing Karachi, deputy director ... Read More »

Political crisis amid inflation

The warning bells are ringing from all sides amid political crisis in Islamabad. The whole world is watching developments in Pakistan and friendly countries like China and the United States are looking the events with concern. The Indian prime minister, who is spitting venom against Pakistan since his Bharatiya Janata Party has come to power,is also worried about the situation ... Read More »

Vehicle amnesty scheme: FBR seeks reply from Collector Wasif Memon

KARACHI: Federal Board of Revenue (FBR) Customs Tariff-III Secretary Syed Ali Zaman Gardezi has asked the Collector of Customs (Inquiry Officer) Dr Wasif Ali Memon to submit his written reply against the impugned charge-sheet C 9 (2) /2014-M.I in connection with the illegal import of 119 vehicles under the amnesty scheme. As per details, the FBR has requested for attested ... Read More »

Bajwa to visit Multan RTO on Friday

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa will visit Multan Regional Tax Office (RTO) on September 5 (Friday) to review the field formation operations and tax collection efforts. As per details, the FBR chairman and member Inland Revenue Muhammad Ashraf Khan will visit Multan RTO on Friday to discuss the strategy to achieve the revenue target for current fiscal ... Read More »

ONO issued against Water Link in NATO goods pilferage case

KARACHI: Ahmed Mujtaba Memon, the Collector of Customs Adjudication-I, has issued Order-in-Original (ONO) against Water Link Pakistan (Private) Limited. The ONO was also against Water link Pakistan Managing Director Ghulam Mustafa, manager, assistant manager (operations) Karachi Port Trust, broker of New Ittehad Shanwari, supervisor of Water Link, owner of confiscated vehicle, drivers, Ehsanuddin and Company (Private) Limited, Fayyaz Hussain of ... Read More »

Customs seizes smuggled goods from The Mall

LAHORE: The Anti-Smuggling Cell of the Model Customs Collectorate (MCC) Lahore has confiscated smuggled goods worth Rs 3 million in a raid on The Mall. Sources told Customs Today that the anti-smuggling unit seized 260 dish receivers, 15 LEDs and mobile accessories on The Mall near GPO in Lahore.   Read More »

FBR exceeds revenue target for August by Rs 3 billion

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the monthly revenue collection target of Rs 180 billion for August 2014 as it collected over Rs 183 billion during the month. Official data obtained by Customs Today showed that the FBR has provisionally collected over Rs 183 billion during August 2014 against assigned monthly revenue collection target of Rs 180 billion with ... Read More »

Telenor terms allegations of tax evasion by customs baseless

KARACHI: Telenor Pakistan Director Corporate Communications and Responsibility Atifa Asghar, in response to the allegations of tax evasion, said that Telenor Pakistan was a law-abiding and responsible corporate entity, and that it always met its legal and ethical obligations. “The allegation of tax evasion is misconceived and incorrect,” she told Customs Today. “It is a matter of different interpretations and ... Read More »

PIA, Shaheen Air, Air Blue tax scam case: SHC summons attorney general

KARACHI: The Sindh High Court (SHC) has summoned Salman Aslam Butt, the attorney general of Pakistan, to seek his perspective over the sales tax dispute between Pakistan International Airlines (PIA) and the Pakistan Customs. The reliable sources confirmed Customs Today that the SHC has asked the attorney general to present before the court on Wednesday (today) and clear the government ... Read More »

Appraisement-East collects Rs 19.24b in August

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-East has collected Rs 19.24 billion in August with an increase of Rs 5.78 billion as compare to the Rs 13.45 billion collected in July under the heads of customs duty, sales tax, withholding tax and federal excise duty. According to statistics, the MCC-Appraisement-East has collected Rs 5.24 billion customs duty in August ... Read More »

Multan Customs collects Rs 14.92b in August

MULTAN: Multan Customs Collectorate has collected Rs 14.92 billion in August for FY 2014-15. The Anti-Smuggling Organisation has registered 15 cases in August 2014 which includes seven cases of vehicles and eight cases of contraband items, collecting Rs 7.26 million duty on the seized items. The Multan Customs also uncovered alleged tax evasion by Q Mobile smart phones company worth ... Read More »

Islamabad Customs initiates investigation into Telenor case

ISLAMABAD: The Federal Board of Revenue Directorate General of Customs Intelligence and Investigation has started investigations into telecommunication service provider, Telenor, on mis-declaration in import of telecommunication equipment. Sources told Customs Today that Customs I&I has started reviewing goods declaration forms by the company in this regard. “Customs Intelligence initiated investigation on request of the Karachi Customs into the mis-declaration ... Read More »

Lahore Customs team to visit Karachi to pursue pending cases

KARACHI: An investigative team of the Directorate General of Customs Intelligence and Investigation Lahore has planned to visit regional office in Karachi to pursue important cases. Sources in FBR informed Customs Today that a team headed by Intelligence Officer Yousuf Yaar Khan has to visit Karachi on Monday night to review some high profile cases which are in pending due ... Read More »

Customs lodges FIR against agents, exporter for misusing ‘E’ form

LAHORE: The Investigation and Prosecution Cell of the Model Customs Collectorate Appraisement has lodged an FIR against five people for allegedly misusing ‘E’ form for foreign exchange at the Mughalpura Dry Port. Sources told Customs Today that Jamaludin and Sons, through New See Line International Customs Clearing Agents, entered a consignment of 15,250 pieces of auto oil filters worth $12,192 ... Read More »