Karachi Customs Seize 22 Tons of Smuggled Goods in Major Raid
KARACHI: On the night of December 8th, 2024, acting on intelligence provided by an agency, the Customs Enforcement team in Karachi, led by Collector Moin Ud Din Ahmad Wani, Additional…
Outstanding Performance of Karachi Customs in Tackling Export Facilitation Scheme Violations
In a recent report, the Government of Pakistan’s Office of the Chief Collector of Customs (Exports/IOCO) in Karachi has highlighted the exceptional performance of the Export Collectorates of Karachi and…
Customs Recover Millions in EFS Audit at Port Muhammad Bin Qasim
KARACHI: The Collectorate of Customs (Exports) at Port Muhammad Bin Qasim, Karachi, has intensified its efforts for the Export Facilitation Scheme (EFS) Audit, recovering millions of rupees. Overall, more than…
Pakistan to confiscate vehicles involved in transporting smuggled goods
ISLAMABAD: Pakistan has decided that it will confiscate vehicles involved in transporting smuggled goods. Recently, the Prime Minister of Pakistan has directed all relevant government bodies particularly the Federal Board…
Customs officials involved in smuggling of foreign goods from warehouse
A case of smuggling of foreign origin goods from a customs warehouse in D.G. Khan has been exposed, involving some customs officials and a notorious smuggler. The goods, which included…
Back-to-back operations: I&I Karachi seizes smuggled iPhones worth Rs 130 million, recover smuggled goods at Yusuf Goth
Customs Intelligence Karachi has seized a huge quantity of 168 iPhones from Karachi Airport valuing Rs 130 million. The iPhones were being smuggled in by passengers arriving from Sharjah via…
Customs Appellate Tribunal orders recover of evaded sum of RS491.29 million from M/s Nestle Pakistan
KARACHI: Customs Appellate Tribunal has ordered recovery of Rs491.29 million from M/s Nestle Pakistan, which the multi-national company had evaded through mis-declaration of PCT heading of the imported goods. Information…
All duties must be collected through the banking channel, President KATI
KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank' removal of the condition of Cash Margin Restriction (CMR) on imported goods. He said that…
Governor SBP urges banks to support agriculture sector to recover from devastation of floods
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while chairing the annual meeting of Agricultural Credit Advisory Committee (ACAC) in Hyderabad referred to the devastation caused by recent floods…
Zebai Hai initiates exercise to recover Customs Rs897 billion revenue stuck in litigation
KARACHI: Member Legal-FBR Zeba Hai, in a letter to all Chief Collectors of Customs, sought information regarding ageing of cases at various courts and legal fora. The data compiled suggests…
ASO Preventive Lahore recover smuggled dry fruits
KARACHI: The Anti-smuggling Organization (ASO) of MCC Preventive Lahore has recovered large quantity of smuggled dry fruits worth Rs250 million from cold storages in Lahore. Information was received from Collector…
SHC stays recovery of Sales Tax
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Mrs Ashraf Jahan on Friday restrained In Land Revenue from recovering Sales Tax…
Stock exchange recover as FTSE rebalances its Global Equity Series Asia Pacific ex-Japan Index
KARACHI: Pakistan stocks recovered 3.3 percent in the week ended September 15, 2017, highest weekly gains in four months, as excitement related to FTSE rebalancing and rally in Habib bank…
Customs Intelligence Quetta seizes smuggled goods worth millions
KARACHI: The Directorate of Customs Intelligence Quetta under the direction of Shaukat Ali Director General, Customs Intelligence has further stepped up its crackdown on smuggling of goods and vehicles from…
MCC Quetta expands ambit of operation against smuggled vehicles
KARACHI: Chief Collector Enforcement South Mohammad Zahid Khokhar has advised MCC Quetta to expand the ambit of crackdown against smuggled vehicles. Collector Quetta Saeed Jadoon, in view of reports that…