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Tag Archives: Nisar Muhammad

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 »

Karachi Customs sends Telenor’s alleged tax evasion case to FBR

KARACHI: The Directorate General of the Customs Intelligence and Investigation (I&I) Karachi has forwarded the case of Telenor Pakistan to FBR Headquarters in Islamabad. Telenor Pakistan was allegedly found involved in tax evasion of around Rs 30 million in clearances of telecommunication equipment through mis-declaration. The sources in the directorate informed Customs Today that the authorities in regional office forwarded ... Read More »

Customs Port Qasim collects Rs 25.6b in August

KARACHI: The Model Customs Collectorate of Port Muhammad Bin Qasim has collected revenue of Rs 25.6 billion in share of customs duty, sales tax, federal excise duty and income tax in August 2014. As per details, Collectorate of Port Muhammad Bin Qasim has increased its revenue collection by Rs 5.89 billion as revenue collection in July was Rs 19.74 billion. ... Read More »

ASO seizes contrabands worth Rs 24m in August

KARACHI: The Anti-Smuggling Organisation (ASO) branch of the Directorate of Customs Intelligence and Investigation Karachi seized smuggled goods, including foreign diesel, oil tanker, CNG cylinders, high speed Iranian diesel, silk cloth, poppy seeds, shoes and sleepers worth Rs 24.2 million in which Rs 3.18 million duty involved, in raids during August. As per details, the anti-smuggling team has seized 18,000 ... Read More »

Delay in FTO Sialkot camp office draws STBA ire

SIALKOT: Sialkot Tax Bar Association (STBA) President Shahid Mehmood has regretted the delay in the establishment of Federal Tax Ombudsman (FTO) camp office at the export-oriented city despite a lapse of four months and demanded early setting up of the office. Talking to Customs Today, Mehmood informed that the STBA had long been struggling for the FTO camp office in ... Read More »

ATT scam: Customs tribunal abandons ONO against agents

KARACHI: A Customs Appellate Tribunal has cancelled the order-in-original (ONO) of the customs adjudication which holds customs clearing agents responsible for stealing of goods consigned by the National Logistics Company (NLC) under the Afghan Transit Trade (ATT). As per details the additional collector of adjudication at Port Qasim, Karachi, has passed an ONO imposing Rs 250,000 penalty on clearing agents, ... Read More »

Customs agents seek transfer of NATO container cases to Peshawar

PESHAWAR: The customs clearing and forwarding agents have requested the National Accountability Bureau (NAB) chairman to transfer the NATO container disappearance cases from Karachi to Peshawar due to travelling issues. The agents also claimed that there is still no progress in the cases due to political involvement and NAB has so far been unsuccessful in proving the accusation of container ... Read More »

Bajwa, Ashraf tell field officers to achieve revenue target

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has visited large taxpayers to encourage them on their revenue collection efforts amid the current political situation in the country. On the directive of the FBR chairman, member Inland Revenue Operation Muhammad Ashraf Khan visited RTOs in Islamabad and Rawalpindi and met chief commissioners and urged the field formation officers to gear ... Read More »

Pakistan Origin Card proposed to facilitate investors

ISLAMABAD: The Senate Standing Committee on Commerce and Textile Industry has asked the government to revive the abolished scheme of the Pakistan Origin Card (POC) for Pakistani expatriates to attract foreign investment in the country. Under the POC scheme the Pakistani expatriates, who had left Pakistan at the time of independence and their spouses, were allowed to travel to Pakistan ... Read More »

Customs registers FIR against Mashahni Enterprises on cheque bounce

LAHORE: The Model Collecotorate of Customs (MCC) Appraisement Investigation and Prosecution (I&P) Cell has lodged an FIR against the Mashahni Enterprises after a cheque of Rs 12.6 million issued by the company bounced. As per details, the Mashahni Enterprises had allegedly cleared a consignment of 20,265 kilogramme consisting of drawing pen and markers worth Rs 3.1 million and paid Rs ... Read More »

Only 3 auditors to audit 2 years accounts of Karachi Customs

KARACHI: Department of Customs and Petroleum Director Audit Khalid Hussain has directed the audit of 21 collectorates and directorates of the Karachi Customs. Hussain has nominated Abid Javed Khan, Abdul Rashid Brohi and Muhammad Eisa Khan as audit officers through a letter no 231-DACP/PAC/DAC/verification/2014-14 (Vol-II) dated August 26 sent to the 21 collectorates and directorates referring to the Public Accounts ... Read More »

Importers face heavy fines without fault

KARACHI: Importers have been facing heavy fines and surcharges for delay in grounding of containers at the Pakistan International Container Terminal (PICT). Sources told Customs Today that importers have been waiting from five to six days for the grounding of containers for examination during the last few weeks. “Importers were being fined for delay even the Karachi Customs Agents Group ... Read More »

Bajwa reviews tax operations, meets British delegation

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has instructed all field formation officers to gear up their efforts to achieve the revenue target for the current fiscal year. As per details, the FBR chairman has given the instructions to officers during a presentation given by member IT Miss Ra’ana Ahmad at the FBR headquarters. In this presentation, member IR ... Read More »

Hyderabad Customs seizes 15,000 litres Iranian oil

HYDERABAD: The Hyderabad Customs has seized 15,000 litres smuggled Iranian oil worth Rs 1.6 million near Hitri Police Station. On the directives of Assistant Collector Preventive Imanullah Khan Tareen of the Model Customs Collectorate (MCC), Anti-Smuggling Squad Superintendent Nadeem Usmani, Inspector Abdul Ghafoor Sheikh and their team members have seized 15,000 litres of smuggled Iranian oil and arrested two people ... Read More »

Dastgir hails Azad Kashmir traders for rejecting Imran’s call

ISLAMABAD: Federal Minister for Commerce Khurram Dastgir has supported the business community in Azad Kashmir for rejecting the call of civil disobedience by Pakistan Tehreek-e-Insaf chief Imran Khan. The representatives of the business community in Azad Kashmir were of the view that the call of civil disobedience will further weaken the economy. They demanded Imran Khan take the call back. ... Read More »

FBR asks law ministry to fill vacant posts in customs appellate

ISLAMABAD: The Federal Board of Revenue (FBR) has asked the federal law ministry to fill all the vacant posts in Lahore, Karachi and Peshawar in customs and Inland Revenue appellate tribunals. According to sources, 10 posts of the judicial and technical members are vacant in the Customs Appellate Tribunal and 18 posts of the judicial and accountant members are vacant ... Read More »