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Tag Archives: Customs Today

Aruna Hussain, Soren Skou, Maersk said to loot the nation while SRB in deep sleep

KARACHI: Aruna Hussain,  Soren Skou and other officials of Maersk Pakistan are said to be involved in tax evasion worth billions of rupees annually while Sindh Revenue Board officials collude with them or act as a silent spectator. According to importers, top officials of the Sindh Revenue Board (SRB) and Maersk Pakistan (Pvt) Ltd are involved in tax evasion worth ... Read More »

NBP staff test COVID-19 positive: Action against NBP president for not heeding Customs Today warning?

KARACHI: Three employees of NBP Customs House Branch tested positive for Covid-19 and the branch remained closed on 27th April 2020 for collection of duties and taxes. NBP President was alerted several times by different bodies of traders and customs agents including KCAA and FPCCI, but he did not implement social distancing measures at the branch. Customs Today also covered ... Read More »

Customs Today reports set off alarm bells at PM Office, Hammad Azhar takes notice of green channel mega scam

ISLAMABAD: State Minister for Revenue Hammad Azhar, taking notice of the sheer misuse of Customs green channel facility extensively reported by Customs Today, has directed FBR Chairman Jahanzeb Khan to probe the issue and report back to him. According to details, Hammad Azhar asked the FBR to give him comprehensive presentation on working of Green Channel at Karachi ports and ... Read More »

MUJ expresses deep concerns over threats being hurled to journalists for highlighting Maersk mega scam

MULTAN: Multan Union of Journalist (MUJ) expressed deep concerns over threats being hurled to journalists and media houses for highlighting alleged mega scam by Maersk Line for charging exorbitant demurrage and detention charges from importers on clearance of their shipments. This was stated by President Multan Union of Journalist Abdul Rauf Maan in an exclusive interview with Customs Today the other day. He told ... Read More »

Lahore Customs Tribunal to computerise record of almost 15 years

LAHORE: The Customs Appellate Tribunal Lahore has started computerization of the record since the inception of the tribunal. Sources told Customs Today that task of computerization of record has been assigned to the staff. Record of almost 15 years is going to be computerized while the record of recent cases is also being updated simultaneously. The sources informed that computerization ... Read More »

Tuesday December 16 – Monday December 22, 2014

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Tuesday December 09 -Monday December 15, 2014

Customs Today E-Paper

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50,000MW power generation: Engro powergen issued LoI for 660MW coal power project at Thar

ISLAMABAD: What is being described as milestone, the Private Power and Infrastructure Board (PPIB) issued Letter of Interest (LoI) to Engro Powergen Limited (EPGL) for the establishment of 660MW Thar coal power project. PPIB Managing Director Shah Jahan Mirza and EPGL CEO Shamsuddin Shaikh signed the document at a ceremony which was witnessed by Federal Minister for Water and Power ... Read More »

$80 to $100 price difference: 70pc EU buyers place 40,000 tonnes rice orders to Indian

LAHORE: Apart from other obstacles, the difference of around $80 to $100 per tonne in the export price of rice, foreign buyers mainly from EU have diverted their import orders of around 40,000 tonnes rice to India. As per details, 70 percent of the international buyers from EU countries have diverted orders from Pakistan to the Indian millers mainly due ... Read More »

Ire over SRO 608 brewing: RCCI gear up for countrywide strike

ISLAMABAD: What is being described as government’s failure, the Rawalpindi Chamber of Commerce &Industry (RCCI) will approach all Pakistan chambers’ presidents and presidents of All Pakistan Traders Associations to give a unanimous call for a countrywide strike against SRO 608, sales tax and withholding tax reforms. The decision was made a meeting of the RCCI chaired by its President Syed ... Read More »

Midday: KSE tumbles a little, still manages 11pts

KARACHI: In its journey to scaling new heights of its history, the buoyant Karachi Stock Exchange benchmark 100-index tumbled a little and lost most of early gains to come down to 32019.90 points after reaching 32225 points. The KSE, however, managed to hold 11.50 points or 0.40 percent till midday trading on Wednesday. Earlier, trading in the market started on ... Read More »

Environmental, health hazards: SEPA moves SHC against KPT’s operation of coal terminal

KARACHI: The Sindh Environmental Protection Agency (SEPA) moved the Sindh High Court (SHC) against the Karachi Port Trust (KPT) for handling coal at its terminal in Shireen Jinnah Colony in violation of environmental laws, posing serious health hazards to public health. The SEPA director general Naeem Ahmed Mughal submitted a report to a division bench of the SHC, submitting that ... Read More »

In a meeting with Dar, USAID hints at bring $43m investment in energy sector

ISLAMABAD: The USAID attaches great importance to the development of Pakistan and that it will be bringing in investment to the tune of $43 million in energy sector in Pakistan. USAID Assistant Administrator for AfPak Affairs Donald Larry Sampler stated this during a meeting with Finance Minister Ishaq Dar here. He was accompanied by US Ambassador in Pakistan Richard G ... Read More »

Tuesday November 18 -Monday November 24, 2014

E-Paper Customs Today

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Committee dragging feet: Govt in a fix over exempting textiles from gas outages

ISLAMABAD: The committee formed under the chair of Finance Minister Ishaq Dar to determined a mechanism for gas supply to textile sector remained indecisive and Petroleum Minister Shahid Khaqan Abbasi opposed the government proposed plan to supply gas to the sector. As per details, the committee, formed by Prime Minister Nawaz Sharif, comprising Water and Power Minister Khawaja Asif, Minister ... Read More »

46 gas fields to generate 1,000MW: Summary for CCI prepared to slash LPG prices: Abbasi

ISLAMABAD: The Ministry of Petroleum and Natural Resources has prepared a summary regarding regularistaion of Liquid Petroleum Gas (LPG) prices which will be tabled in next meeting of the Council of Common Interest (CCI) and its approval will help bring down prices of LPG substantially. Talking to journalists, Minister for Petroleum and Natural Resources Khaqan Ababsi informed that his ministry ... Read More »

Afghan president’s visit resurrects TAPI project

ISLAMABAD: The recent visit of Afghan President Ashraf Ghani to Pakistan has brightened the hope for the revival of stalled Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. It has been learnt that a team of the Sui Northern Gas Pipelines Limited (SNGPL) has reached Turkmenistan to discuss the long-delayed gas pipeline project, ahead of the visit of SNGPL managing director and top ... Read More »

Apparently govt gives in: PM sets up body to end gas shortage to textile

ISLAMABAD: Following the suspension of four months gas load management plan for textiles in Punjab province, Prime Minister Nawaz Sharif constituted a high-level committee under the chair of Finance Minister Ishaq Dar to settle the issue of gas shortage for textile during winter. The committee has been assigned to devise a mechanism for sustainable gas supply to textile industry of ... Read More »

Midday: Stocks set to scale new heights of 32,000 as KSE gains 333pts

KARACHI: The bull-run kept the Karachi Stock exchange afloat and fuelled its passion in the quest to scale new heights of 32,000 points as buoyant KSE-100 index consolidated it gains to 333 points or 1.06 percent to climb up to 31677.14 points till midday trading on Monday. The trade volume remained considerably high at 64, 102,480, reflecting the market’s resolve ... Read More »

Rs1.5 bln embezzlement: FIA nails ex-KMC director; another accused already nabbed

KARACHI: In its efforts to unfold the saga around Rs1.5 billion embezzlement, former Karachi Metropolitan Corporation (KMC) education director was nailed by the Federal Investigation Agency (FIA) who had secured a pre-arrest bail some days back. It is to be noted that the FIA had arrested former KMC budget director Nasir Mehmood Ishaque in the scam that also involved senior ... Read More »