Federal government approves Disparity Reduction Allowance of 25% for federal government employees

KARACHI: Federal Government has approved grant of Disparity Reduction Allowance of 25% of the basic pay with effect from March 01, 2021. This allowance will be admissible to civil employees in BPS 1-19 of the Federal Government (including employees of the Federal Secretariat and attached departments), who have never been… Continue reading

I&I Lahore seizes smuggled goods belonging to Haji Sadiq

LAHORE: Customs Intelligence and Investigation Lahore has seized a container stuffed with smuggled goods, which belonged to notorious smuggler Haji Sadiq. Haji Sadiq is the prime accused in the murder of Deputy Collector Abdul Qudoos. Information was passed through Director Asad Raza Rizvi to Additional Director Hasan Farid that smuggled… Continue reading

Examination of all kinds of scrap to be done under Deputy/Assistant Collector supervision

KARACHI: In order to streamline the examination of imported consignments and to prevent the chances of revenue leakage, MCC Appraisement East has notified that the following goods will be examined under the supervision of the concerned Deputy/Assistant Collector: I. Miscellaneous Items II. Secondary Quality Stainless Steel 200, 300, and 400… Continue reading

Customs Intelligence and Investigation Lahore performs exceptionally well in February 2021

LAHORE: Customs Intelligence and Investigation Lahore has made seizures valuing Rs762.91 million by framing 30 seizures during the month of February 2021, comprising of both Range Office Lahore and Gujranwala. ASO of I&I-Customs Lahore, so far in the ensuing fiscal year, has made seizures worth of Rs3.77 billion by framing… Continue reading

Customs I&I Quetta seizes smuggled goods worth Rs79 million

QUETTA: Customs Intelligence and Investigation Quetta has seized large quantity of smuggled goods and lodged two separate FIRs against various accused. Information was received to the Director Muhammad Ismail to Deputy Director Amjad Hussain Rajpar that a quantity of smuggled goods would be transported to Quetta through Hino truck. Accordingly,… Continue reading

SHC DISMISSES SCRA AGAINST OSAKA ELECTRONICS

KARACHI: Deciding the Special Customs Reference Application filed four years ago by Additional Collector of Customs, Appraisement, West, a custom appellate bench ruled in favor of respondent Osaka Electronic & Industries Corporation. The applicant department impugned a judgment by Custom Appellate Tribunal which allowed the order passed by Collector of… Continue reading

Money laundering goes on as Customs Valuation doesn’t determine accurate values of importable goods

KARACHI: Pakistan has not been able to completely overcome money laundering, which is hampering country’s exclusion from FATF’s grey list. Trade mis-invoicing is illegal and occurs when traders. under-invoice or over-invoice their exports or imports for the purposes of. tax evasion or capital flight in either direction. Under-invoicing as well… Continue reading

Smugglers and Customs Hyderabad collaborate to form a mega smuggling enterprise

KARACHI: A grand plan is jointly prepared by the smugglers and certain staff of Customs to support and facilitate organized smuggling, while the deals between smugglers and Customs officers have already been finalized, sources said. According to sources Customs Hyderabad is at the center of this entire game, which would… Continue reading

Obtain restraining order or implement ONO, orders SHC

KARACHI: The Collector of Customs MCC Appraisement and Facilitation, West and Director I&I were ordered to either obtain a restraining order or implement an Order in Original (ONO) passed in favor of M/S A-One Steel, Multan. The bench earlier heard counsel from Law firm Franklin Law Associates and Khalid Rajpar,… Continue reading