SHC allows SCRA filed by Collector MCC Hyderabad

KARACHI: Any vehicle used in smuggling of goods could not be released against payment of redumption fine of 20 per cent of value of the smuggled goods by extending benefit of SRO 499 (1)/2009, held a customs appellate bench of High Court of Sindh. The bench was hearing a Special… Continue reading

SHC dismisses SCRA’s filed by Collector Custom against importer of Petroleum Residue

KARACHI: Seven Special Custom Reference Applications filed by Collector of Customs against M/s. Great Eastern Trading Co, M/s. Yasir Enterprises, M/s. Yasir Enterprises and M/s. Kamran Lubricants (Pvt) Ltd, M/s. Kamran Lubricants (Pvt.) Ltd (3SCRAs’) were dismissed by the Customs appellate bench of High Court of Sindh. The SCRAs impunged… Continue reading

SHC issues detailed judgment in Double Taxation, Super Tax case

KARACHI: An appellate bench of High Court of Sindh issued detailed judgment in a bunch of Constitutional Petitions by the tax payers and Applications by the Inland Revenue. The court earlier ruled in favor of the petitioners through a short order passed on 31-3-2021. Following is the text of the… Continue reading

ASO Sukkur seizes three container load of smuggled goods

HYDERABAD: Customs Intelligence and Investigation Sukkur has seized large quantity of smuggled goods, which were being transported to upcountry from Baluchistan. Keeping in line with the directions of Mr. Abdul Rasheed Sheikh, Director General, Intelligence & Investigation (Customs), Islamabad to curb the menace of smuggling, Director Dr. Sadiqullah Khan, Directorate… Continue reading

ASO Preventive Karachi seizes smuggled goods worth Rs150 million

KARACHI: ASO Preventive Karachi has seized large quantity of smuggled goods worth Rs150 million in the first fortnight of April 2021. Collector Preventive Saquif Saeed, Additional Collector Haroon Malik and Assistant Collector Shafiullah have tightened the vigilance and keeping strict check on the movement of smuggled goods In a chain… Continue reading

I&I Lahore seizes smuggled cloth worth Rs75 million

KARACHI: I&I has seized large quantity of smuggled goods, which belonged to notorious smuggler Haji Sadiq. Information was passed through Director Asad Raza to Additional Director Hasan Farid regarding movement of smuggled goods. A team was formed comprising Inspectors Allah ditta, Asif Jhakkar, Gulzar Bhatti and Tipu to foil the… Continue reading

Hyderabad Customs extorting legitimate traders, facilitating smugglers

KARACHI: Hyderabad Customs has geared up their extortion drive in the month of Ramazan forcibly taking money from legitimate importers to release their legally imported consignments at Hyderabad dry port, Vice Chairman Pakistan Karyana Merchants Association Tanveer Chaudry said.   Chaudry said a Custom official named Rana was running this… Continue reading

Fraud and money laundering: Non-bailable arrest warrants issued against Haris Shakeel, Samreen Haris

KARACHI: Court has issued non-bailable arrest warrants of Haris Shakeel, his wife Samreen Haris and father Muhammad Shakeel. Court also expressed dismay over the failure of Police in arresting the accused wanted in at least three separate FIRs pertaining to cheating and defrauding people. Haris Shakeel s/o Muhammad Shakeel and… Continue reading

Govt must convince IMF to soften loan terms as further taxes to ruin economy, Mian Anjum backs PM stance to approach IMF for relaxation in loan conditions

The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman Mian Anjum Nisar has opposed the government commitment with the IMF to increase taxes by a Rs1.27 trillion in the coming budget, suggesting the economic team to convince the lender for softening its conditions so that government could… Continue reading