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 Latest News

Faisalabad Customs retrieves Rs13.248m from defaulter companies

byNaeem Sheikh
27/01/2018
in Latest News, National
Share on FacebookShare on Twitter

FAISALABAD: The Customs Collectorate recovery branch recovered Rs13.248 million in the wake of differential amount from different Faisalabad based companies during first four months (July-December) of Fiscal Year 2017 which were issued with notices to pay the outstanding dues.

Customs recovery branch recovered Rs0.020 million in July, Rs0.283 million in August, in September Rs1.747 million, Rs0.043 million in October, Rs11.115 million in November, while Rs0.040 million collected December in wake of differential amount from Faisalabad based companies during the above said period.

You might also like

Pakistan lines up three LNG cargoes to meet peak summer power demand

04/06/2026

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

04/06/2026

Sources told that assistant collector recovery branch Ameer Ahmed started a survey for the recovery of outstanding taxes. He formed a special team under the supervision of Superintendent Rana Mukhtar Ahmed which also included Inspector Muhammad Ramzan Shahid and UDC Abdul Sattar and others.

Sources told that companies imported different items from abroad through ex bond GDs in the previous years. The goods were cleared against exemption under SRO-560(1)90 read with CBRs certificate for deletion program. Subsequently, the outstanding amount was adjusted against the importer on the ground that specification of imported goods did not confirm with that approved by Federal Board of Revenue FBR).

It is necessary to mention here that Customs Collectorate expedited its efforts to recover outstanding amount from defaulters. The department is taking stern action against the defaulters without any discrimination in the Faisalabad city for the collection of taxes.

According to the department the defaulters were given full opportunity to pay their outstanding taxes but continuous ignorance all the tax notices left no other way than registered case against him.

Related Stories

Pakistan lines up three LNG cargoes to meet peak summer power demand

byCT Report
04/06/2026

KARACHI: Pakistan has arranged three LNG cargoes under long-term contracts with Qatar and is seeking an additional spot cargo for...

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

byCT Report
04/06/2026

ISLAMABAD: Pakistan and Tajikistan have agreed to a comprehensive three-year roadmap aimed at increasing bilateral trade to $200 million, while...

CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers

byCT Report
04/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...

Australian high commissioner visits SCCI

byCT Report
04/06/2026

SIALKOT: Australian High Commissioner to Pakistan Timothy Kane visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an...

Next Post

Faisalabad ASO impounds non duty paid Toyota Premio car

  • 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.