Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

AIB recommends 100pc examination of stainless steel consignments   

bySohail Rab
14/10/2014
in Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Appraising Intelligence Branch (AIB) of the Model Customs Collectorate-MCC of Appraisement (West) has sent recommendations to the authorities concerned of the Collectorate for conducting 100 per cent examination of the stainless steel consignments having declaration of 200 series.

The sources confirmed Customs Today that the AIB on the directives of Collector-MCC Appraisement (West) Muhammad Saleem has scrutinized the post clearance data of the importers who were involved in the clearance of stainless steel through green channel and any other ways.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

The sources revealed that the AIB during scrutinization of the importers’ data found that several importers were involved in tax evasion worth millions of rupees in terms of duty/taxes by clearing stainless steel of 300Series in the garb of stainless steel of 200Series. The sources revealed that both of the stainless steels i.e. (200Series and 300Series) had different PCT Headings and huge difference in custom duty and other taxes.

“By taking those mis-declarations in clearance of stainless steels into consideration, the AIB has sent recommendations for conducting 100 percent examination of each consignment of the stainless steel in order to keep vigilant eye on tax evaders,” they added.

 

 

Tags: 200Series and 300Series)Appraising Intelligence Branch (AIB) of the Model Customs Collectorate-MCC of Appraisement (West)businessCollector MCC-Appraisement (West) Muhammad SaleemCustoms NewsEconomyFBRrecovery target

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Customs PCA unearths Rs 3.3 million tax evasion by importer    

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.