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Tag Archives: Port Muhammad Bin Qasim

Pakistan shortest, secure transit trade corridor: DG Farid

KARACHI: “Pakistan as always remains the shortest, the most economical and the most secure Transit Trade corridor for land-locked Afghanistan,” Director General of Directorate Transit Trade, Khawar Farid said. Talking exclusively to Customs Today,  Khawar Farid Maneka said that Pakistan is so strategically placed; it is in-fact in the middle of huge industrial and consumer market with India on one ... Read More »

Valuation Dept to fix customs value of vehicles on Nov 20

KARACHI: A meeting to determine the Customs values of China origin mini vans, mini cargo vans, mini trucks, prime mover trucks, vans/mini buses, cars and rigid trucks would be held at the Conference Hall of the Directorate General of Customs Valuation on November 20. The Directorate has written a letter to the additional collectors of Model Customs Collectorates of Appriasment ... Read More »

Customs transfers suspended Superintendent to Port Qasim

KARACHI: The Superintendent Preventive Service (SPS) Najam Hameed has been transferred to Model Customs Collectorate of Port Muhammad Bin Qasim, sources told Customs Today. It may be mentioned here that SPS Najam Hameed, who was suspended vide a notification dated September 12 issued by Secretary Mgt (Custom III) GOP (Revenue Division) FBR, had moved Sindh High Court against his suspension. ... Read More »

SHC adjourns hearing on Customs appeal in Rs 9.8 million case

KARACHI: A division bench of Sindh High Court adjourned the hearing of a high court appeal filed by the Federation of Pakistan, Collector of Customs (Exports) after asking the lawyer who represented State Bank of Pakistan in the civil miscellaneous appeal to approach the Bank whether he could represent it in the instant case. The appeal filed by Collector of ... Read More »

Collectorates fails to recover Rs500 million in FTA/PTA cases

KARACHI: The Model Customs Collectorate Appraisement-West,  Appraisement-East and  Port Muhammad Bin Qasim have failed to recover the amount pointed out by the Directorate of Internal Audit Customs in connection with the anomalies reported in the issuance of FTA/PTA certificates, it is learnt here. Sources informed Customs Today that the Directorate of Internal Audit Karachi Region has detected an amount of ... Read More »

Arrival of coal-laden ships boosts PSM stocks

KARACHI: Two ships – DL Dahlia and Ever Mighty – carrying 110,000 tons of coal from Australia, have arrived at the Pakistan Steel Jetty at Port Muhammad Bin Qasim, Karachi. According to Pakistan Steel Mills (PSM), the ships reached the jetty on September 5 and 6. Now, the coal stock of PS has increased to 158,000 tonnes, while the quantity ... 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 »

ANF seizes 80kg heroin at Port Qasim

KARACHI: The Anti-Narcotics Force (ANF) Sindh Region claimed to have seized a big cache of fine quality heroin from a container at Port Muhammad Bin Qasim. On a tip-off, an ANF team searched the container parked at the port and found a cache of fine quality heroin — weighing 80 kilogrammes — concealed in the vehicle. According to the ANF ... Read More »

IOCO starts listing genuine importers

KARACHI: The Input-Output Co-efficient Organization (IOCO) of Federal Board of Revenue (FBR) has started to compile the list of genuine importers, who has been granted concessionary regime by Pakistan Customs on their imports of raw materials according to the amended SRO565 (I)/2014. The FBR sources informed Customs Today that the IOCO after conferring the powers of dealing with SRO565 (I)/2014 ... Read More »

FBR transfers 20 Grade 18-19 Customs officers

ISLAMABAD: Federal Board of Revenue has announced transfers of BS-18 and BS-19 officers of Pakistan Customs Service with immediate effect until further notice. As per FBR notification, following officers have been transferred: Muhammad Iqbal Muneeb (BS-19) has been transferred from the post of Additional Collector, Model Customs Collectorate of Appraisement (West), Karachi to the post of Additional Director, Directorate of ... Read More »