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

20% Malaysian companies submit dubious GST statements: Customs

byCT Report
12/04/2017
in Uncategorized
Share on FacebookShare on Twitter

KUALA LUMPUR: About 25,000 of the more than 437,000 companies registered nationwide under the Goods and Services Tax (GST) are still not sending their payment statements to the Customs Department.

Customs Director-General Datuk T. Subromaniam said apart from this, statements sent by 20 percent of the remaining companies were found to display dubious tax payment.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

He said these companies were among those that would be visited by customs officers in ‘Operation CBOS 3.0’, to review, inspect, advise, instruct and help make corrections if necessary.

According to him, a survey was also conducted to determine why the companies did not submit the statements; whether it was because they had ceased operations or had moved to another address or due to other reasons.

“This year, we are targeting visiting about 200,000 companies, and about 200,000 more next year…this number will cover most of the overall companies registered for GST in the country,” he told reporters after launching the CBOS 3.0 operation in Sarawak at Wisma Customs here yesterday.

Subromaniam said this was the third time the Customs Blue Ocean Strategy (CBOS) was being adopted to improve revenue collection efficiency through the strengthening of cooperation between the state and the customs department.

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

Dutch exports rise 8% in February

  • 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.