Unity Foods Receives Top Edible Oil Importer Award 2023
Karachi: Unity Foods was honored as the top Importer of Edible Oil in Pakistan for the year 2023 during the 6th Pakistan Edible Oil Conference held in Karachi. Mr. Kamran…
Karachi Customs Busts Duty Evasion Scam on Submersible Motors
KARACHI: The Customs Collectorate SAPT Karachi has exposed a massive duty evasion scam involving the import of submersible motors from China. The importer, M/s. Shahid Sons, has been booked for…
Customs Appraisement SAPT seize imported motors worth Rs. 103.7 million for tax evasion
KARACHI: The Collectorate of Customs Appraisement (SAPT) has seized a consignment of assorted stainless steel submersible motors worth Rs. 103.7 million for misdeclaration of description and capacity, resulting in evasion…
FIR lodged against solar panel importer
KARACHI: The Model Customs Collectorate (MCC) Appraisement East has exposed a scam involving the use of fake and fabricated bank letters to clear imported goods without proper payment and verification.…
Inter-port movement scam: I&I Karachi detects fraudulent clearance of electronics in the garb of cat litter sand
KARACHI: Customs Intelligence and Investigation Karachi has initiated investigations into the fraudulent clearance of over Rs1.0 billion worth of electronics in the garb of 650 tons of cat litter sand.…
M/s Ridhan International under FIR for smuggling electronics in scrap containers
KARACHI: Customs Enforcement Karachi has lodged an FIR against M/s Ridhan International. Information was passed through Collector Basit Abbasi to Additional Collector Amanullah Tareen that a huge quantity of smuggled…
Solar Panel Money Laundering Scam involving Rs. 47 billion: Accused Directors Get Ex-Party Bail, Investigations Hampered
KARACHI: Federal Board of Revenue (FBR) has detected a massive case of over-invoicing and transfer of illicit funds that shook the financial landscape of the country. FBR had lodged FIR…
Solar panel scam: I&I Karachi busts racket of under-invoicing and money laundering
KARACHI: The Customs Intelligence and Investigation (I&I) Karachi has lodged an FIR against a Karachi-based importer for committing fiscal fraud by electronically filing false and forged import documents and by…
I&I Karachi books solar panel importer for fiscal fraud and money laundering
KARACHI: Customs Intelligence and Investigation Karachi (I&I Karachi) has lodged an FIR against Farhan Raiq of M/s S.N International for fiscal fraud by electronically filing false and forged import documents…
Customs Appellate Tribunal orders recovery of evaded Rs242.8 million from M/s Unilever Pakistan
KARACHI: Customs Appellate Tribunal has uphold the judgement imposed on M/s Unilever Pakistan by Customs Adjudication for availing inadmissible exemptions ETHOXYLATE ALCOHOL I-MOLE. Former Director I&I Karachi Saquif Saeed and…
Electronic Import Form: Supreme Court encourages Customs to address importers’ problems
KARACHI: The Supreme Court of Pakistan has encouraged Pakistan Customs to take independent decisions and address the problems of importers who are not issued the Electronic Import Form (EIF) by…
SHC custom bench affords a chance to importer Petitioner advised to challenge Assessment order to make petition maintainable
KARACHI: A petitioner/importer seeking provisional release of goods under section 81 of the Custom Act 1969 whose goods were detained over valuation dispute, was given a chance with advice to…
SHC allows petition by M/S Fiber Technia Industries
KARACHI: As a measure of interim relief to petitioner / importer company M/S fiber Technia Industries, a custom appellate bench of High Court of Sindh allowed release of consignment against…
SHC suspends order of Custom Appellate Tribunal giving interim relief to importer
KARACHI: A custom appellate bench of High Court of Sindh (SHC) suspended an order of Custom Appellate Tribunal in case of pilferage of goods destined for EPZ Risalpur while hearing…
SHC allows petitions against FTO’s directions, sets aside letters
KARACHI: An appellate bench of High Court of Sindh (SHC), allowed five identical petitions filed by officials of Inland Revenue, F.B.R and set aside letter sent to FBR for investigations…
SHC dismiss petition seeking relief under section 83-B
KARACHI: A petition filed by a foreigner Honwei Liu through Ghulam Nabi Shar Advocate was dismissed by a custom appellate bench of High Court of Sindh. The bench comprising Justice…
SHC allows provisional release of goods in petition by importer
KARACHI: The provisional release of goods was allowed in yet another petition filed by an importer Shahzad Maqbool through renowned law firm Franklin Law Associates. The issue involved was enforcement…
SHC partly allows SCRAs filed by Collector Customs
KARACHI: Deciding over a dozen identical Special Custom Reference Application filed by Collector of Customs against a judgment of Custom Appellate Tribunal pertaining to value of Polyester Poly Fleece Fabrics.…
I&I Sukkur seizes smuggled goods worth millions of rupees
SUKKUR: Customs Intelligence and Investigation Sukkur has seized large quantity of smuggled miscellaneous goods worth millions of rupees. These goods were being transported to Karachi from Baluchistan for onward distribution.…
SHC dismiss petition by AMIA Energy, Demand for EIF, FI do no infringe any right of an importer holds
KARACHI: An appellate bench of High Court of Sindh (SHC) dismissed a constitutional petition filed by AMIA Energy which imported 54,700 Metric tones of coal for Hub Power Plant questioning…