Arif Humayun, Ex-CEO of M/s AMI Pakistan arrested
KARACHI: R&D MCC Appraisement East has arrested Arif Humayun, former CEO of M/s AMI Pakistan and mastermind of the scam wherein M/s AMI Pakistan in connivance of importers and clearing…
Order reserved in review filed against judgment in Sales Tax case
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Muhammad Junaid Ghaffar on Monday reserved order in a review filed by an…
FBR plans to bracket the government revenue evaders the hard way
KARACHI: Federal Board of Revenue (FBR) is committed to broaden the tax net and plug revenue leakage, Chairman FBR Nisar Mohammad Khan and he has initiated several exercises in this…
Customs Quetta seize narcotics
QUETTA: On the special directives of lmtiaz Ahmed Khan, Director General Customs Intelligence, Islamabad, the Directorate of Customs Intelligence Quetta has stepped up its efforts to crack down on contrabands…
Tax officials raid National Medical Center; detects massive tax evasion
KARACHI: Directorate of Intelligence & Investigation (IRS) as part of a campaign to bracket high net-worth individuals into tax net and plug revenue leakage raided National Medical Center Karachi and…
RTO-III identifies thirty ghost employees
KARACHI: The sub-division of Inland Revenue Service (IRS), Regional Tax Office (RTO-III), Karachi has identified thirty ghost employees while all concerned zonal officers are requested to trace them by Chief…
Mastermind of bogus ST refund scam sent to jail
KARACHI: The Federal Special Court of Customs Taxation and Anti-Smuggling has sent a prime suspect of multi-million bogus refund scam Faraz Haroon Memon to jail who was arrested by the…
Petition against alleged Sales Tax recovery notice adjourned until March 21
KARACHI: The hearing of a constitution petition filed by Huffaz Seemless Pipe Mills challenging notice for recovery of Sales Tax was adjourned until March 21. The petition was taken up…
Customs take paramilitary forces onboard in its anti-smuggling campaign
KARACHI: The Director General of Intelligence & Investigation – FBR has taken paramilitary forces onboard in its anti-smuggling campaign focusing Punjab in the second phase as in the first phase…
Customs Peshawar grand operation starts to curb smuggling
KARACHI: The Model Customs Collectorate (MCC) Peshawar in collaboration with Customs Intelligence and Investigation (I&I) Peshawar has started a grand blockade and surveillance operation of main arteries of Peshawar in…
FBR nominates focal persons to ensure coordination against smuggling
KARACHI: The Federal Board of Revenue (FBR) has nominated a BS-19 officer as focal person in every collectorate and directorate to ensure a coordination and resource-sharing environment between the formations…
FBR limits duty exemption on LEDs/SMDs lights
KARACHI: The Federal Board of Revenue (FBR) has limited Customs duty exemption to such LED/SMD lights only where the operable voltage does not exceed 60 volts. MCC Islamabad had sought…
Crackdown against smugglers and non-duty paid smuggled vehicles launched
ISLAMABAD: Directorate General of Customs Intelligence Federal Bard of Revenue (FBR) and Model Customs Collectorates (MCCs) for the first time jointly launched major crackdown against smuggles and non-duty paid smuggled…
I&I Karachi recovers evaded amount
KARACHI: The Directorate of Customs Intelligence & Investigation (enforcement) has recovered significant amount of government revenue, which was evaded through mis-declaration. In pursuance of a credible information regarding clearance of…
Misuse of concessionary SRO; Customs Intelligence lodges FIR
KARACHI: Customs Intelligence & Investigation (Enforcement) has lodged an FIR against an importer for evading government’s legitimate revenue through misuse of SRO 492(I)/2009. Brief facts of the case are that…
Directorate General (I&I)-FBR lodges FIR against evasion of duty, tax, misuse of SRO terms
KARACHI: Directorate General Intelligence and Investigation (I&I) Federal Board of Revenue (FBR) Customs Enforcement has lodged First Investigation Report (FIR) booking M/s Arif Overseas Traders Karachi, pertaining to the import…
MCC Quetta seizes large quantity of smuggled goods
KARACHI: MCC Quetta has seized large quantity of smuggled goods in an operation conducted with assistance of FC on Chaman-Quetta road. In pursuance of credible information received by the Collector…
Explosives lying at terminals pose serious threats
KARACHI: There is an alarming situation at two container terminals in Karachi, where consignments of explosives and fireworks are lying at PICT and NLC posing severe threats to the entire…
Collector Customs Adjudication put forward formula assessing power factor of imported generators, DG Khan Cement misleading gen power, evades taxes
KARACHI: Collector Customs Adjudication on reply of DG Khan Cement Company that Company has imported a generator set of 1,102 kilovolt ampere (KVA) put forward a formula in order to…
Customs Intelligence Quetta recovers 120 KG of Charas
KARACHI: On the special directives of Imtiaz Ahmed Khan, Director General Customs Intelligence, Islamabad, the Directorate of Customs Intelligence Quetta has stepped up its efforts to crack down on contrabands/narcotics…