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Tag Archives: tribune

Monthly tax collections

The Federal Board of Revenue (FBR) has decided to get monthly reports of tax collections across the country and has directed the subordinate departments, including field formations, to send reports of all the tax collections electronically to the headquarters to make a comparison of the tax collections on monthly basis. The field formations have been directed to meet the target ... Read More »

Action against ‘fake’ fabric importers soon: Asif Marghoob

KARACHI: The Directorate General of Intelligence and Investigation-FBR, Karachi has yet not finalised the fate of the case in which the Anti-Smuggling Organisation (ASO) seized six trucks of imported fabric from the godown located in Allahwala Market near Lucknow Plaza. Reliable sources informed Customs Today that the Director I&I Karachi Asif Marghoob Siddiqui on Friday held a meeting with the ... Read More »

Collector Saleem suspends principal appraiser for mismanagement

KARACHI: Different trade organisations have expressed deep concerns over the alleged negligence of the officials working in the Free Trade Agreement (FTA) Cell at Customs House, Karachi, and demanded steps to improve its working. According to details, the trade organisations were of the view that the officials concerned in FTA Cell were not making the use of automated system for ... Read More »

PRV Section of Appraisement-West recovers Rs7.4m in 23 cases

KARACHI: The Post Release Verification (PRV) Section of Model Customs Collectorate (MCC) of Appraisement-West has recovered an amount of Rs7418993 in 23 cases in the month of August-2014. According to details, the PRV Section of MCC-Appraisement (West) has recovered an amount of Rs297487 through a Goods Declaration (GD) No75124; recovered an amount of Rs61342 through a GD No13959 and recovered ... Read More »

Customs court summons ex-TCS chief, others on 10th in smuggling case

ISLAMABAD: Investigations into the TCS smuggling case reveal that the address mentioned in the agreement between TCS and Smart Zone company was not physically existed. Shahidullah Jan, deputy director customs intelligence Rawalpindi Directorate who is investigating the case, has also confirmed to Customs Today that there was no such office in Peshawar. On the other hand, Customs Special Court has ... Read More »

Weekly roundup: Rupee manages to reverse dollar blows

ISLAMABAD: The sentiments-driven rupee received blows on Monday on the back of what the market gurus called the political turmoil haunting the country’s feeble economy for more than two weeks in the name of Azadi and Inqilab marches led by Imran Khan and Tahirul Qadri. Followers of Khan and Tahirul Qadri have been massed outside Parliament since Aug 15 in ... Read More »

NATO containers stealing: M/s Water Link submits interim reply

KARACHI: The M/s Water Link has submitted 18-page interim written reply in the Collectorate of Customs Adjudication on Friday (August 29). The sources informed Customs Today that the M/s Water Link in its written reply adopted a view point that the NATO/ISAF containers at the retrograde route of Afghan Transit Trade had been stolen on the way and rivets had ... Read More »

Lyari raid: Customs Intelligence seizes 700 sacks of poppy seed

KARACHI: The Anti-Smuggling Organization (ASO) of the Directorate General of Customs Intelligence and Investigation-FBR, Karachi raided a godown, located near Niazi Chowk in Lyari and recovered 700 sacks (28 tonnes) of poppy seed. According to details, an ASO team comprising Incharge Haji Muhammad Aslam, Akmal Hashmi, Pervez Zardari, Jamal Shah and others on the directives of Director General (DG) Directorate ... Read More »

Valuation ruling of wallpapers issued

KARACHI: The Directorate General of Customs Valuation has determined the customs values of wallpapers through valuation ruling no.680/2014 Under Section 25-A of the Customs Act, 1969. The new valuation ruling has superseded the valuation ruling no 658/2014, issued on March 29, 2014 in connection with the customs values of wallpapers. According to details, the customs values of certain Chinese wallpapers ... Read More »