FBR slaps Rs2.7bn penalties on Gerry’s Dnata
KARACHI: The Federal Board of Revenue (FBR) has hammered M/s Gerry’s Dnata (Pvt) Ltd with Rs. 2.7 billion penalties after adjudication orders established its involvement in the illegal removal of…
Custom Appellate Tribunal dismisses appeals by importer of solar panels
KARACHI: A two member bench of Customs Appellate Tribunal (CAT) Karachi comprising Mazhar Ali Ghallu Member Judicial-I, Karachi and Inshan Ali Shah, Member Technical dismissed seventeen appeal filed by importers…
SHC allows identical constitutional petitions for provisional release
KARACHI: Two identical constitutional petitions filed by one Muhammad Riaz seeking provisional release of goods pending an appeal before Collector of Appeals were allowed by a divisional bench of High…
Customs Launches Probe into Cut Pieces Import Fraud Involving Four Companies
KARACHI: Customs authorities in Karachi have exposed a major scam in which importers misdeclared expensive fabric as “cut pieces” to avoid paying full duties, causing losses of more than Rs300…
Pre-Arrival, Post-Payment GD Filing: A Game-Changer for Import Clearance
Karachi: The introduction of pre-arrival filing with post-payment of Import Goods Declarations (GD) could prove to be a major step towards faster and more efficient import clearance in Pakistan, said…
Betel Nut Importers Accuse Customs of Failing to Stop “Illegal” Plant Protection Order, Causing Billions in Revenue Loss
KARACHI: All Pakistan Betel Nuts Importers Association has sounded the alarm over what it calls a systemic failure by customs authorities, leading to massive revenue losses and strangling the legal…
Massive Customs Fraud Uncovered in Karachi, Revenue Evasion Exceeds Rs.167 Million
KARACHI: A sophisticated smuggling and duty evasion racket, involving the misdeclaration and concealment of high-value auto parts and electronic goods, has been smashed by Customs authorities in Karachi, preventing a…
SHC stays auction by Pakistan Coast Guards
KARACHI: Pakistan Coast Guards (PCG) were restrained from auctioning a consignments of Milk Powder imported by an importer Saat Muhammad till January 14, 2026. The order came from a divisional…
Major Customs Fraud Uncovered, Al-Haj FAW Motors Accused of Illegally Removing Bonded Goods
KARACHI: In a significant crackdown on revenue evasion, the Collectorate of Customs (Appraisement-West) has registered a criminal case against Al-Haj FAW Motors (Pvt.) Limited for the alleged illegal removal of…
SHC restrain Collector of Customs (Appraisement) East from encashing 28 securities
KARACHI: A constitutional bench of High Court of Sindh (SHC) comprising Justice Adnan Iqbal Chaudhry and Justice Muhammad Jafar Raza restrained the Collector Customs (Appraisement) East from enchasing securities deposited…
SHC orders disposal of dozens of Special Custom Reference Applications filed by Customs
KARACHI: A Custom Appellate bench of High Court of Sindh disposed off over two dozen Special Custom Reference Applications (SCRAs) filed by Pakistan Customs in year 2023 pertaining to import…
Wajid Ali takes charge as Chief Collector Appraisement South amid fallout from FCA audit
Karachi: In a surprising administrative move, BS-22 Pakistan Customs Service (PCS) officer Wajid Ali has assumed charge as Chief Collector Appraisement South, a position traditionally held by a BS-21 officer.…
FBR Chairman, Chief Collector Appraisement South under scrutiny as PCA report exposes systemic failures in Faceless Customs Assessment
KARACHI: In a sweeping investigation that could reshape Pakistan’s import oversight framework, the Post Clearance Audit (PCA) wing of Pakistan Customs has approached 50 shipping lines to obtain Master Bills…
Faceless Customs Audit Uncovers Rs. 38 Billion Revenue Leak in Just Three Months, Exposing Deep Systemic Failures
KARACHI: In a sweeping audit that has cast serious doubts over Pakistan’s flagship customs reform, the Directorate General of Post Clearance Audit (PCA) has uncovered alarming irregularities in the Faceless…
Pakistan Customs’ Green Channel Expansion Raises Concerns Over Audit Capacity and Compliance Risks
KARACHI: The growing reliance on green channel clearances by Pakistan Customs—now encompassing nearly 60% of imports and 85% of exports—is raising alarms over the diminishing scope of pre-clearance controls and…
Customs Faceless Assessment Audit Uncovers Rs. 37.8 Billion Revenue Leak Amid Rampant Evasion and Regulatory Failures
KARACHI: A sweeping audit of Pakistan’s customs clearance system has exposed deep-rooted lapses in enforcement and compliance, resulting in an estimated revenue loss of Rs. 37.8 billion. The findings, drawn…
Audit of Faceless Customs Assessment: Systemic Assessment Failures and Billions in Revenue Loss Due to Misdeclarations and Non-Imposition of Statutory Fines
KARACHI, Pakistan (AP) — A sweeping audit of import clearance data has uncovered widespread irregularities in customs assessments, revealing that billions of rupees in potential revenue were lost due to…
Audit of Faceless Customs Assessment Reveals Fiscal Fraud, Bogus Entities, and Systemic Lapses
KARACHI: A comprehensive scrutiny of import Goods Declarations (GDs) has revealed alarming discrepancies, including fiscal fraud, misuse of customs systems, and deliberate evasion of duties and taxes. The findings, based…
Sales Tax Evasion and IPO Violations Uncovered in the Audit of Faceless Customs Assessment
KARACHI: A recent scrutiny of import records has revealed significant irregularities in the payment of sales tax and compliance with import policy regulations, resulting in substantial revenue losses to the…
Audit of FCA Uncovers Rs. 4.9 Billion Revenue Loss from Misdeclaration and Inadmissible Exemptions
KARACHI: A sweeping audit of import declarations has revealed widespread misclassification of goods and misuse of duty exemptions, resulting in a staggering revenue loss of Rs. 4.9 billion to the…