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

Appraising Intelligence Branch recovers Rs 8.5 million during last week

bySohail Rab
23/05/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The officials concerned of Appraising Intelligence Branch (AIB/R&D) have recovered around Rs 8.5 million during the last week on the pretext of imperfect application of incorrect PCT heading, description and HS Code in the imported consignments, it is learnt here.

Sources told Customs Today that AIB officials, while following the directives of Collector-MCC Appraisement-West Muhammad Saleem and under the supervision of Additional Collector (ADC) Nayyer Shafiq, have expedited its pace of revenue recovery and served show cause notices to unscrupulous elements who imported different consignments while concealing the real values and evaded duty/taxes in terms of customs duty, sales tax and income tax.

You might also like

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

24/06/2026

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

24/06/2026

The sources further revealed that the Group-IV of MCC-Appraisement West has also geared up for revenue recovery of the evaded duty/taxes and recently detected a short realization of revenue amounting millions of rupees in imported consignment of fabric/yarn.

The sources further said that the major revenue recovery cases have been found in violation of SROs 1125, 492, 565 and 575; adding that the authorities concerned of the AIB/R&D were further scrutinizing the past import data of the unscrupulous elements.

Replying to a query, the sources informed this scribe that authorities concerned of AIB/R&D of the Collectorate has already prepared a list of some unscrupulous elements with the help of past clearance of the imported consignments, who often involved in evaded duty/taxes.

Responding to another query, the sources further revealed that the authorities concerned of the Collectorate will soon unveil the said list consists of tax evaders.

 

 

Related Stories

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report
24/06/2026

HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

byCT Report
24/06/2026

KARACHI: The federal government borrowed more than Rs. 4.9 trillion from commercial banks during the first eleven and a half...

FBR freezes bank accounts over Rs23.23b tax dispute

byCT Report
24/06/2026

LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Universal Service Fund (USF), a government-owned...

Govt abolished Super Tax for major export-oriented companies

byCT Report
24/06/2026

ISLAMABAD: The federal government has approved the complete abolition of Super Tax for companies whose export receipts account for more...

Next Post

Traders hails FTO Awareness Campaign

  • 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.