ISLAMABAD: The Federal Board of Revenue (FBR) has sought powers to legally bind the Border Military Police (BMP) operating in DG Khan and Rajanpur to assist the Pakistan’s Customs in checking smuggling. Under Finance Bill 2020-21 tabled in Parliament, the FBR has sought an amendment to Section 7 of Customs Act to legally bind the BMP operating in DG Khan ... Read More »
KARACHI: The Anti-Smuggling Organisation (ASO) of the Pakistan Customs’ Model Customs Collectorate recently geared up its operation against the smuggling and contraband products in the country spotting Karachi as the key node in this racket from where, the officials said, supply chain of the illegal business was maintained. However, their recent efforts and successful raids recovering smuggled cigarettes worth more ... Read More »
KARACHI: Following are the salient features of custom duty and regulatory duty measures proposed by the government for FY 2020-21. Exemption of additional custom duties on those tariff lines which are now at 0% customs duty in tariff. Reduction of custom duty on 40 raw materials of various industries. Tariff rationalization under National Tariff Policy 2019, by reducing customs duty ... Read More »
ISLAMABAD: The tax officials are facing an uphill task to achieve around 16 percent growth in revenue collection during last month of the current fiscal year to meet the annual target in these difficult times of coronavirus panic. A senior official told that the revenue collection is in full swing as June is the last month of the fiscal year. ... Read More »
KARACHI: Collector Irfan-ur-Rehman Khan, MCC of JIAP Karachi while keeping in line with his fearless attitude and adherence to law is said to proceed on procedures to confiscate all face mask consignments for not providing NOC for clearance. The Collector stopped many consignments of face masks including N95 and KN95 which were being cleared without NOC of DRAP (Drug Regulatory ... Read More »
ISLAMABAD: Model Customs Collectorate (MCC) Islamabad has announced public auction of confiscated motor vehicles on 21 May 2020 to be held at state warehouse of the collectorate. Following vehicles will be presented for auction: Toyota Corolla Spacio Car Automatic (Semi Bullet Proof), Model 2009, Chassis No. ZZE142-7403600 Mercedes Benz Car Bullet Proof, Model 1985, Chassis No. WDB1260371A197458 Mercedes Benz Car ... Read More »
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) team recovered huge quantity of smuggled goods which were being transported from Lahore to Karachi. According to sources, Director I&I Irfan Javed received credible information regarding transportation of huge quantity of smuggled goods from Lahore to Karachi through Railways goods train taking the advantage of ongoing countrywide lockdown, the team of Customs ... Read More »
PESHAWAR: At a time when the federal government is struggling to overcome the ongoing fiscal crisis that grips the country due to Coronavirus pandemic, it appears that the national exchequer lost an estimated Rs332.174 million in taxes on apple imports. An FIR has been registered against by Model Customs Collectorate Enforcement Peshawar against 27 importers and customs clearing agents for ... Read More »
MULTAN: The government should regulate all shipping companies to stop them from demanding illegal demurrage and detention charges from importers on clearance of shipments. Blackmailing of shipping companies especially M/s Maersk Pakistan (Pvt) Ltd and M/s Qasim International Container terminal (QICT) is portraying negative image of the country. It was stated by Chairman All Pakistan Power Looms Association (APPLA) Abdul Khaliq Qandeel Ansari ... Read More »
ISLAMABAD: Collector Adjudication Shahnaz Maqbool has said that she has asked Federal Board of Revenue (FBR) to release Customs Pole Funds (CPF) because Adjudication department had insufficient funds to run the Collectorate. She was addressing a farewell party in honor of two retired inspectors Muhammad Saleem and Muhammad Azhar. Talking on the occasion the Collector appreciated services of both of ... Read More »
ISLAMABAD: Federal Board of Revenue has transferred/posted 58 Customs officials including 9 Principal Appraisers and 49 Appraising Officers with immediate effect and until further orders. Principal Appraisers who are transferred include: Muhammad Ibrahim Khan, Asad Aleem, Ashfaq Ahmad Khan, Ali Ahmad Talpur, Nasrullah Jamali, Nadeem Hussain Bhutto, Shafiuallah, Asad Masood and Abdul Qayoom. Read More »
KARACHI: The National Accountability Bureau (NAB) has authorised inquiry against officials of Sindh Revenue Board, QICT and M/s Maersk Pakistan (Pvt) Ltd in country’s biggest shipping scandal involving 400 billion rupees. The NAB received the complaint with subject: Building dams by recovering losses of more than Rs 400 billion from officials of port terminals like Qasim International Container Terminal (QICT) ... Read More »
British businesses importing goods from the EU should consider applying for and using Transitional Simplified Procedures (TSP) to prepare for Brexit and avoid huge delays at ports, regardless of the outcome of current negotiations, a leading expert from The Customs People warns. HMRC unveiled the procedures in February and said they will make it easier for businesses to import goods ... Read More »
LAHORE: PIAF Vice Chairman Nasir Hameed Khan said shipping lines and terminal operator including M/s Maersk Pakistan (Pvt) Ltd and M/s QICT are taking illegal demurrage and detention charges from genuine importers, violating the set Customs rules and laws While talking to Customs Today, he said that the Govt, Shipping Ministry and Customs Department are not properly regulating these shipping ... Read More »
LAHORE: The illegal demurrage and detention charges by the shipping lines including M/s Maersk Pakistan (Pvt) Ltd and terminal operator QICT have added to the per unit cost as they have no set criterion and worst is that the customs department and the government are never interested in regulating the shipping lines. This was stated by Lahore Chamber of Commerce and ... Read More »
ISLAMABAD: The Federal Board of Revenue issued notification for transfers and posting of 44 officials of (BS-19-20) with immediate effect and until further orders:- Transferred officials of Grade-20 include Muhammad Iqbal Bhawana, Faiz Ahmad, Fareed Iqbal Qureshi, Ahmed Reza Khan, Wajid Ali, Shahnaz Maqbool, Ahmad Rauf, Seema Raza Bokhari, Asif Saeed Khan, M. Saeed Khan, Ashhad Jawwad, M Adnan Akram, ... Read More »
ISLAMABAD: Federal Board of Revenue has promoted eight Grade-20 officials of Pakistan Customs Service to Grade-21 and 14 officials of Grade-19 to Grade-20 today. According to the notification, Grade-20 officials who are promoted include: 1-Syed Tanveed Ahmad 2. Arslan Subuctageen 3. Agha Shahid Majeed Khan 4. Mukarram Jah Ansari 5. Qurban Ali Khan 6. Asif Mahmood Jah 7. Abdul Basit ... Read More »
KARACHI: The National Accountability Bureau (NAB) has received an application against M/s Maersk Pakistan (Pvt) Ltd and also against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the NAB demanded legal action for recoveries of amounts looted and recovering ... Read More »
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 »
MULTAN: The Supreme Court of Pakistan should constitute a high level Joint Investigation Team (JIT) similar to Panama case for probing mega sales tax fraud of M/s Maersk Pakistan (Pvt) Ltd. Pakistan’s biggest ever fraud of sales tax revealed by Customs Today against M/s Maersk Pakistan (Pvt) Ltd should be investigated appropriately for recovery of robbed amount. It was stated ... Read More »
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