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Tag Archives: Customs Today

MCC Port Qasim detects mis-declaration, notice issued

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has detected a case of mis-declaration in a consignment imported by M/s Al-Harmain Textile wanting to import a consignment of industrial sewing machines and motors in the garb of home consumption appliances. Sources in MCC Port Qasim informed Customs Today that the importer has filed home consumption appliances Goods Declaration (GD) ... Read More »

ANF seizes drugs worth millions of rupees

LAHORE: Anti-Narcotics Force has arrested a large number of drug peddlers while recovering heroin, charas and opium worth millions of rupees during various operations in the city, said an official source. ANF Lahore arrested a resident of Sialkot and recovered 600 grams of heroin from a consignment destined for UK at cargo shed at Allama Iqbal International Airport. Heroin was ... Read More »

Bajwa expresses concern over shortfall in duty collection

KARACHI: Federal Board of Revenue Chairman Tariq Bajwa in his visit to Customs House, Karachi has held meetings with the high officials of Model Customs Collectorate (MCC) of Appraisement-East, MCC of Appraisement-West, MCC of Port Muhammad Bin Qasim and MCC of Preventive. Sources in FBR Secretariat informed Customs Today that the Collectors of all four collectorates Najeeb-ur-Rehman Abbasi, Muhammad Saleem, ... Read More »

Ghulam Ahmad assumes charge as Director General DGTR-Customs

KARACHI: Ghulam Ahmad has assumed charge as Director General of Directorate General of Training and Research-Customs. Federal Board of Revenue has issued a notication in this regard which stated: Ghulam Ahmad of Pakistan Customs Service (BS-21) has relinquished charge of the post of Member FBR (Headquarters) with effect from 17-04-2014 and assumed charge as Director General, Directorate General of Training ... Read More »

FBR to deduct tax on income drawn from rented buildings

LAHORE: Regional Tax Offices I and II have planned to bring into tax net owners of the buildings rented to private banks, hospitals, departmental stores, according to sources. Sources said that according to a survey conducted by the Regional Tax Offices of Lahore, most of the owners of the buildings who rented their properties to the banks, hospitals and other ... Read More »

Businessmen doing injustice to Multan Dry Port: Rozi Khan Burki

LAHORE: Hundreds of Multan businessmen are clearing their consignments from Lahore and Peshawar dry ports which is a sheer injustice to the Multan Dry Port. This was stated by Chief Collector Customs (Central) Lahore Rozi Khan Burki addressing a ceremony organized at the Multan Dry Port. He said employment opportunities at the dry port are directly proportional to business activities ... Read More »

Rs167b revenue collected in April

ISLAMABAD: Provisional revenue collection figures compiled by the Federal Board of Revenue in the tenth month of the current fiscal year i.e. the month of April 2014 have come out to be around Rs 167 billion against the target of Rs 196.4 billion. The shortfall for the month of April 2014 stands at over Rs 29 billion. By now, FBR’s ... Read More »

Customs court cancels bails of six

LAHORE: Special Judge Customs Tanveer Akbar has cancelled bails of six persons accused of evading customs duty up to millions of rupees on import of betel leaves. The customs investigation and prosecution department has arrested the accused on three days remand for recovery of taxes and documents from the accused. The six accused in custody include Ijaz Golati, Amir Yousaf, Saeed Khalid Ali, ... Read More »

Steel re-rolling mill booked for mis-declaration, notice issued

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has detected a case of mis-declaration against the importer M/s A F Steel Re-rolling Mills. MCC Port Qasim has found an imported consignment declared to be ‘re-roll able semi finished cobble coils’ in the import documents as well as Goods Declaration (GD) vide IGM No.143, Index No. 108 and filed into Bonding ... Read More »

Adjudication Collectorate-I issues ONO in case of smuggled vehicle

KARACHI: Collector of the Customs Collectorate of Adjudication-I, Syed Shahanshah Hasnain through Order-in Original (ONO) No. 553/2013-14 has out rightly confiscated a tampered, non-duty paid smuggled vehicle, Mitsubishi Pajero Jeep bearing Registration No. BA-1436. The value of confiscated vehicle was Rs 2,217,262. The case was constituted by the Directorate General of Intelligence and Investigation Regional Office on 24-09-2013 while the ... Read More »

Violation of concessionary regime: FBR swings into action against Bahria Icon Tower

KARACHI: The management of Bahria Icon Tower has moved the Sindh High Court (SHC) against the objections leveled by the Input-Output Co-efficient Organization (IOCO) of the Federal Board of Revenue (FBR). FBR sources informed Customs Today that the Input-Output Co-efficient Organization (IOCO) has placed violation charges against the management of Bahria Icon Tower in order to take erroneous advantage of ... Read More »

FBR may take stern action against big guns

ISLAMABAD: Federal Board of Revenue has reportedly decided to act sternly against the tax defaulters amongst the big guns of the country as the task to achieve the target of tax collections during the current fiscal year seems out of reach otherwise. Sources within FBR told Customs Today that Finance Minister Ishaq Dar has attained permission from the Prime Minister ... Read More »

Customs General Order issued for clearance of US/NATO/ISAF cargo by air

KARACHI: Federal Board of Revenue through a Customs General Order (CGO) No.01 of 2014 issued on April 28 has given consent in order to give effect to the decision of the Ministry of Defence, for the US proposal of multi-modal transit operations through Jinnah International Airport, Karachi for the transportation of 1628 vehicles for Afghan National Security Forces by air. ... Read More »

Trade with neighboring countries inevitable to make economic progress: Dastgir

LAHORE: Trade with the neighbors is inevitable in order to make economic progress. Energy crisis and extremism are the two major impediments in the way of economic growth and development of the country but the government is doing its utmost to arrest the hurdles to bring the economy on track. This was stated by the Commerce Minister Khurram Dastgir while ... Read More »

Collector Shahanshah issues 3 ONOs against Green Star Social Marketing, recovers Rs1.5 crore

KARACHI: The Collector Syed Shahanshah Hasnain of the Collectorate of Adjudication-I has issued three Order-in Original (ONOs) containing numbers: 547/2013-14, 548/2013-14 and 549/2013-14 against M/s Green Star Social Marketing, Pakistan (Guarantee) Ltd for availing undue benefit of the exemption from whole of the Sales Tax and Income Tax under special classifications provisions of Chapter 9927 and recovered an amount of ... Read More »

Customs Adjudication committed to quick disposal of cases: Collector Sumera Nazir

LAHORE: The Customs Collectorate (Adjudication) is committed to speedy dispensation of justice through timely disposal of cases registered at various Customs stations including dry ports, airport and Wagah border. “Verdict of the collectorate on cases is not final and the ‘convicts’ always reserve the right to appeal in higher courts.” Custom Collector (Adjudication) Sumera Nazir expressed the views during an ... Read More »

Directorate gears up to add bulk oil, export modules in WeBOC

KARACHI: The Directorate of Reforms and Automation-FBR is gearing up to install the modules including bulk oil and raw materials of export in SRO 326, 327 and 492 in Web Based One Customs (WeBOC), computerized system by end of May, 2014. A senior officer of FBR informed Customs Today that the Directorate of Reforms and Automation has completed 85 per ... Read More »

Formulation of policies: Govt, businessmen must be on same page, says CM

LAHORE: The secret of economic development and growth of the country is in the fact that the government, businessmen and industrialists must have to be on the same page while formulating economic policies. Initiatives taken by the government in isolation can yield nothing good unless business community is taken on board in order to make economic development and growth. This ... Read More »

Gwadar ‘free port’ to be a game changer for whole region: Nawaz

GAWADAR: Prime Minister Nawaz Sharif on Thursday said the current government plans to develop Gwadar as a ‘free port’ on the lines of Dubai, Singapore and Hong Kong ports. The Planning Commission has been tasked with an exercise to hire international consultants for this purpose. The Prime Minister said the government had a broad-based plan for the development of Gwadar ... Read More »

Director Transit Trade given look after charge of Collector Adjudication-II

KARACHI: Muhammad  Javed  Ghani  (PCS/BS-20)  presently  posted  as Director, Directorate General of Transit Trade,  Karachi has been assigned the look after charge of the post of Collector, Collectorate  of  Customs  (Adjudication-II), Karachi during the leave period of Dr. Ahmad Mujtaba Memon. Read More »