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Tag Archives: Pakistan Customs

Punjab govt presents Rs1,045b budget

LAHORE: Punjab government has presented a budget of Rs 1,045 billion for fiscal year 2014-15, proposing ten new taxes on services, imported luxury vehicles, big houses and others in share of tax reforms. Punjab government insists that the budget is balanced. However, Rs 11 billion difference between expenditures and revenue receipts was visible. Opposition parties, especially PTI, strongly condemned the ... Read More »

MCC Appraisement-West holds series of auctions to achieve revenue target

KARACHI: Model Customs Collectorate of Appraisement-West on the directives of Collector, Muhammad Saleem has issued an auction schedule for the imported vehicles and general cargo. According to the schedule, the auction of confiscated vehicles and general cargo is to be held until June 24, 2014 at different terminals including Al-Hamd Warehouse, BOML West Wharf and SNK Bond Warehouse. Auctions of ... Read More »

Development of WeBOC clearance system

BY RAFIULLAH BANGASH (ASSISTANT COLLECTOR): As part of its reform and modernization efforts, the erstwhile Central Board of Revenue (CBR) under the banner of Customs Administrative Reforms (CARE)  which replaced decades old, notoriously inefficient, manual system into a progressive computerized clearance system capable of catering to the present day demands of huge volume of cross border and international trade. With web based ... Read More »

Staff paucity cripples Customs: Chief Collector Rozi Khan Burki

LAHORE: Pakistan Customs is in dire need of fresh blood to rejuvenate it as staff shortage has hampered adversely the efforts to root out smuggling and ensure effective field enforcement. Soft-spoken Central Region Chief Collector of Customs Rozi Khan Burki stated this while sharing his thoughts with Customs Today during an exclusive interview here at Customs House. Mr Burki pointed ... Read More »

Principal Appraiser’s police abduction widely condemned

LAHORE: Customs Federal Revenue Alliance Union Lahore and Federal Revenue Alliance Employees Union FBR Pakistan have strongly condemned unlawful abduction of Lahore Dry Port’s Principal Appraiser by Punjab Police in connivance with tax evading importers and clearing agents to influence Pakistan Customs to work in their favour. Customs Federal Revenue Alliance Employees Union Lahore President Ameer Haider condemned the unlawful ... Read More »

FBR may suffer millions of rupees loss in share of ST

KARACHI: Federal Board of Revenue is going to suffer a loss of millions of rupees in share of sales tax (ST) by the end of fiscal year 2013-14. Sources informed Customs Today that FBR may experience the loss of Rs 321 million due to the shortfall in recovery of sales tax in the current fiscal year 2013-14. Commenting on the ... Read More »

Power generators, bags worth Rs16m impounded

LAHORE: Customs Anti-Smuggling Wing has impounded power generators and ladies bags worth Rs 16 million in two separate raids. Official sources said that the anti-smuggling wing on a tip-off seized 17 power generators ranging from 50kv to 230kv at a warehouse at Harbanspura. Sources informed that the owners of the power generators failed to produce documents of the generators to ... Read More »

Stuck consignments at ports: Importers worried due to delayed clearance

KARACHI: Over 100 consignments of textile fabric have been stuck at different ports and terminals including Karachi International Containers Terminal (KICT), Pakistan International Containers Terminal (PICT) and Port Qasim International Containers Terminal (QICT) for the last 20 days. Importers have expressed their deep concerns over the ongoing situation and were of the view that they may have to face losses ... Read More »

Govt mulling over issuance of SRO for relieving non-taxpayers

KARACHI: Federal Government is mulling over to issue a Statutory Regulatory Order (SRO) by the end of fiscal year 2013-14 offering provision of amnesty for non-taxpayers in order to pay their legal duty/taxes without paying the fine/penalty and redemption on their confiscated goods with Pakistan Customs. Sources in FBR informed Customs Today that the federal government is going to announce ... Read More »

Use of influence: Collector asks FBR to take strong measures

LAHORE: Collector of Model Customs Collectorate of Appraisement Muhammad Zahid Khokhar has urged the Federal Board of Revenue to provide security to the Customs officials working to collect vital revenue for the national exchequer as some importers and clearing agents have resorted to threaten the officers in order to influence Customs’ working in their favour. The collector made this request ... Read More »

Customs values of headphones issued

KARACHI: Directorate General of Customs Valuation has issued Valuation Ruling no.676/2014 for determination of Customs values of headphones. Customs value of headphones of international brands (Creative, Bosch, Logitech, Philips, Toshiba, Sony, Beats, Samsung, Nokia, LG, Canon and Yamaha) from China having Pakistan Customs Tariff (PCT) heading 8518.3000 and proposed PCT code for WeBOC 8518.3000.1000 has been fixed at $ 4.70 ... Read More »

Customs confiscates 58 tonnes of smuggled black-tea in two raids

KARACHI: Pakistan Customs has confiscated 58 tonnes of smuggled black tea worth millions of rupees in two separate raids conducted by the Anti-Smuggling Organization (ASO) of Model Customs Collectorate of Preventive and the Directorate of Customs Intelligence and Investigation, Karachi. A team of ASO headed by Assistant Collector, Headquarters-I, Muhammad Wasif Malik raided Bolton Market and its adjacent streets in ... Read More »

APMSIDA demands reduction in duty on import of motorcycles’ spare parts

KARACHI: All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSPIDA) has demanded of the Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar to reduce 35 per cent customs duty implemented by the federal government in the Budget 2014-15 on the import of motorcycle spare parts. In a joint statement, Senior Vice Chairman APMSPIDA Khurram Riaz, former president ... Read More »

MCC Appraisement-West to hold daily auctions till end June

KARACHI: Model Customs Collectorate of Appraisement-West has announced to continue the auction of different confiscated items throughout the month of June owing to attempt of meeting the revenue target by increasing it further. MCC Appraisement-West has started the auction of different commodities including plastic granules, machinery, light sheds, motors, plain cloth, batteries, electronic appliances and other items from June 2, ... Read More »

MQM expresses concerns over huge loss to customs warehouse, offices

KARACHI: MQM’s Members of National Assembly have expressed deep sorrow over the damage caused by the terrorist attack to customs warehouse and offices of the private companies. Goods worth millions of rupees were in the customs warehouse for the clearance before being burnt to ashes. MNAs of the said political party have demanded that Federal Government should pay compensation to ... Read More »

Two more held in foreign currency smuggling case

LAHORE: Customs Investigation and Prosecution (I&P) has arrested two more persons accused of being involved in smuggling of foreign currency worth Rs 53 billion. Customs official sources said both the accused Tariq Nasir and Shoaib Khilji, employees of Turkish Airline were arrested at Allama Iqbal Airport upon their coming back from Istanbul Earlier in the case I&P wing arrested two ... Read More »

Dr Zulfiqar Malik relinquishes charge as Director Post Clearance Audit

ISLAMABAD: Dr. Zulfiqar Ahmad Malik has relinquished charge of the post of Director, Directorate of Post Clearance Audit, Karachi. FBR has issued a notification in this regard which states Dr. Zulfiqar Ahmad Malik of Pakistan Customs Service (BS-20) has relinquished charge of the post of Director, Directorate of Post Clearance Audit, Karachi with effect from 17-05-2014. Read More »

Police official suspended for implicating principal appraiser in fake murder case

LAHORE: Inspector General Punjab Police while taking action against the police official of Kot Ladha Police Station has suspended the responsible who implicated Principal Appraiser Azizur Rehman Malik of Lahore Dry Port in a fake murder case. The Appraiser had unearthed Rs 1 billion mis-declartion of silicon-electrical steel sheets of clearing agent M/s Ikram International Services. This was stated by ... Read More »

Another vehicle imported on fake MoC letter recovered

KARACHI: Model Customs Collectorate of Appraisement-West has recovered another vehicle, Mercedes Benz C-200, Model 2008, imported on fake letter of Ministry of Commerce (MoC). Appraising Officer Muhammad Naeem Khan informed Customs Today that the Appraisement of Intelligence Bureau (AIB)/PRV Section of MCC Appraisement-West has recovered Mercedes Benz C-200, Model 2008 which makes the total of confiscated vehicles up to four, ... Read More »

July-May: MCC Multan lags behind revenue target

MULTAN: Collector Model Customs Collectorate of Multan, Sarfraz Ahmad Waraich has revealed that the collectorate has recovered Rs 32,929 million against the ambitious target of Rs 43,274 million till May’s end. MCC Multan was Rs 10,345 million behind the target of eleven months of the current fiscal year. The above mentioned figure denotes the recovery of sales tax, withholding tax, ... Read More »