Customs Baluchistan collects Rs100 billion in FY21-22
QUETTA: Despite limited resources, Baluchistan Customs led by Chief Collector Muhammad Sadiq has collected Rs100 billion during FY2021-22, which is a record. Collection of Rs100 billion in the outgoing fiscal…
Tax Ombudsman advises Pak Suzuki to pay interest against late deliveries to customers
KARACHI: Federal Tax Ombudsman (FTO) Asif Mehmood Jah has asked FBR to direct Pak Suzuki Motor Company (PSMC) to pay Kibor +3 percent per annum to the complainant against late…
FTO directs FBR to facilitate small postal gifts by overseas Pakistanis at concessionary rates
KARACHI: Tax ombudsman while disposing of a complaint relating to the clearance of a small gift parcel by an overseas Pakistani has directed FBR to adopt a more facilitative approach…
Sindh High Court warns of contempt proceedings if dicta laid down not followed
KARACHI: A custom appellate bench of High Court of Sindh re-endorsing its earlier order passed on 13-06-2022 has warned the custom collectorates East, West, Port Muhammad Bin Qasim to follow…
Customs Enforcement Karachi seizes 30,000 liters of smuggled fuel
KARACHI: Anti-smuggling team of Customs Enforcement Collectorate Karachi intercepted two Oil Tankers along with 4 drivers loaded with smuggled Iranian diesel near Mochko choke point and recovered 30,000 litres of…
Operations halted at Islamabad Dry Port due to interference by I&I Islamabad
KARACHI: The rivalry between Customs Intelligence and Investigation and Customs has gotten severe, which is now impacting the revenue collection of Customs Collectorates. Due to the rift between I&I Islamabad…
MCC Exports Karachi seizes 47kg ICE worth Rs470 million
KARACHI: In a successful bid to foil an attempt to export narcotics concealed in general cargo, collectorate of Customs Exports Karachi under the leadership of Collector Syed Asad Raza Rizvi…
I&I Lahore delivers exemplary performance during FY21-22
LAHORE: Anti-smuggling wing of Directorate of Intelligence & Investigation-Customs, Lahore has made 373 Cases of NDP/Smuggled goods and vehicles worth of Rs5.707 Billion during current financial year from July 2021…
New judge appointed for Special court for Custom, Excise & Taxation, Karachi
KARACHI: Mr Muhammad Saad Qureshi, District & Sessions Judge (BPS 21) has been appointed Special Judge Custom, Excise & Taxation, Karachi. His term would be of three years or till…
Federal government imposes additional customs duty upto 7% on many imports
KARACHI: Federal Government has levied additional customs duty on import of goods specified in the First Schedule to the Customs Act. According to SRO 967(I)/2022, the rate of additional customs…
RD upto 90% imposed on 611 items
KARACHI: The Ministry of Finance has slapped Regulatory Duty (RD) in the range of 5.0% to 90% on 611 different importable items including vehicles to discourage unnecessary imports, while RD…
FTO directs FBR to implement automated module to avoid chances of revenue leakages in empty import containers
KARACHI: In an own motion investigation, by the Federal Tax Ombudsman (FTO) Asif Mehmood Jah, regarding proper clearance and manifestation of empty import containers ,directions have been given to FBR…
Implement order in a week, orders SHC Custom Appellate bench
KARACHI: The Collector Port Qasim, Feroz Alam Junejo was ordered to implement within a week, an order in respect of two consignments of White Spirit and Xylene imported by two…
BHC allows Special Tax Reference Application by M/s Usman Ltd, Hub
HUB: An appellate bench of High Court of Balochistan (BHC) allowed a Special Tax Reference Application (STRA) filed by M/s Usman Ltd, Hub, Balochistan impunging and order passed by Appellate…
Importers demand full examination of used clothing consignments
KARACHI: Used clothing importers and clearing agent Humayun Khan and Naeem Khan said smuggling of high value and banned goods under the garb of used clothing had started again. Various…
MIKD Scam: Remand of Asad Shaikh extended
KARACHI: The arrested accused in Multan Institute of Kidney Diseases (MIKD), Asad Shaikh, is given for another 3-day joint remand to Appraisement East and Appraisement West. Initial investigations have been…