LAHORE: A sessions court directed customs officials to return Czech model Tereza Hluskova’s passport and other belongings. The court ruled that the mobile phones, wallets and identity cards were not the case property and should be given back to Teresa. Customs officials seized Teresa’s belongings at the time of her arrest. The Model was arrested at the Lahore airport on ... Read More »
LAHORE: The Federal Board of Revenue (FBR) has served a notice on famous singer Aima Baig for non-payment of Rs 85 million tax. According to the FBR, Aima Baig has not paid income tax for 2018, 2019 and 2020. In case of non-payment of income tax, the vehicle she has shown in her tax returns will be confiscated. In this ... Read More »
LAHORE: The shooters and facilitator were arrested for firing at FBR Deputy Commissioner. Police are investigating Rana Tafsir who hired shooters Ijaz, Musa Masih and their handlers. Raids are being carried out to arrest Usman Javed, the main accused in the incident. It is worth mentioning that the Punjab Chief Minister and IG Punjab had taken notice of the incident ... Read More »
LAHORE: The Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah in pursuance of an Own Motion investigation, has directed the Customs authorities to clear the 8,522-pending auction-able lots within two months. The FBR Member Customs (Operations) Syed Mohammad Tariq Huda was further directed to personally monitor the compliance of above directions and initiate disciplinary proceedings against the collectors/directors who fail ... Read More »
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) team has foiled an attempt to smuggle 6700 kilograms of foreign origin cloth worth Rs18.5 million. Sources told Customs Today that Director Customs Intelligence and Investigation Saima Aftab received credible information that huge quantity foreign origin cloth will be smuggled. She immediately constituted Customs team under the supervision of Superintendent Khalid Khan ... Read More »
LAHORE: Director General Customs Valuation Dr. Farid Iqbal Qureshi has said that the fixing of values of goods is an immense challenge but the department is dealing it in a winsome manner. “Customs Valuation department has an open-door policy for addressing all the grievances of the business community”, the DG said while speaking at a meeting at the Lahore Chamber ... Read More »
LAHORE: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed has advised the taxpayers to visit their nearest Regional Tax Office (RTO) and Collectorate of Customs for redressal of any problem confronted by them. In this connection, Chairman FBR has already instructed all field formations to resolve the outstanding issues of taxpayers and made it clear that any negligence ... Read More »
LAHORE: The Federal Board of Revenue (FBR) has decided to start an audit of the income tax and sales tax affairs of M/s Hascol Petroleum Limited and its senior management. It is reliably learnt that the audit of the tax affairs of the company would be started. The FBR’s relevant field office will also conduct an audit of the tax ... Read More »
LAHORE: To provide maximum facilitation to the business community, the Federal Tax Ombudsman constituted honorary positions of coordinators (Business Liaison) in the Federal Tax Ombudsman Offices at Islamabad, Karachi, Lahore, Peshawar, Quetta, Gujranwala, Multan, Faisalabad, Sialkot, Abbottabad, Sargodha and Sukkur with immediate effect. These positions will be honorary and pro bono without entailing any official financial expenditure. The honorary coordinators ... Read More »
LAHORE: On behalf of Pakistan Customs, the Pakistan Single Window Company on Tuesday signed an agreement with TradeLens, a blockchain-underpinned logistics platform to digitize import-export documentation of the containerized cargo moving in and out of the country. Pakistan’s international trade ecosystem is being rapidly transformed through the introduction of technology-driven initiatives led by the Pakistan Single Window and the country’s ... Read More »
TORKHAM: Building further on its countrywide anti-smuggling operations, Pakistan Customs has seized narcotics worth Rs.115 Million at Torkham, Pakistan-Afghanistan Border. The contraband items included Heroin Powder, Hashish, Opium and Methamphetamine. The huge cache of Narcotics was concealed in a specially designed cavity in a Bedford Truck entering Pakistan from Afghanistan via Customs Station Torkham. When the cavity was opened with ... Read More »
LAHORE: The Federal Tax Ombudsman (FTO) in pursuance of Own Motion (OM) investigation initiated while exercising powers conferred under Section 9(1) of the FTO Ordinance, 2000, to investigate irregularities committed by the FBR’s field formations in processing and sanctioning of bogus sales tax refund has ordered for initiation of disciplinary and criminal proceedings against the senior officers of Inland Revenue ... Read More »
LAHORE: Customs Court has issued orders to release importer Sajjad Butt on bail. According to the details, Customs Appraisement Lahore had seized two containers of the importer in a case of miss-declaration. Chaudhry Muzammil Kamboh appeared as counsel on behalf of the accused. However, after hearing full arguments from both the sides, the Customs Court has issued orders to release ... Read More »
LAHORE: The government has sought legal powers for Federal Board of Revenue (FBR) officers to immediately seal those business premises that resist real-time integration after threats of heavy penalties and disconnection of utility services could not change people’s mindset. The FBR sought more punitive powers through the Supplementary Finance Bill 2021 after hardly 2,500 retailers linked over 15,000 machines – ... Read More »
LAHORE: The Federal Tax Ombudsman (FTO) has been consistently taking measures to eliminate maladministration and corruption in the Federal Board of Revenue (FBR). An own motion (OM) investigation was initiated by Federal Tax Ombudsman through the exercise of the jurisdiction conferred under Section 9(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance). The OM initiative was based on media ... Read More »
ISLAMABAD: Federal Tax Ombudsman (FTO) Dr. Muhammad Asif Jah has ordered an investigation into the matter of minimum tax computational formula endorsed by the Member Inland Revenue (Policy) Federal Board of Revenue (FBR), impacting whole minimum tax regime governed under the Income Tax Ordinance, 2001. In this connection, the FTO office has issued a notice to the FBR. Through this ... Read More »
LAHORE: Federal Board of Revenue (FBR) chairman Dr. Muhammad Ashfaq Ahmed has said that he will continue to deal black sheep within the organization with an iron hand in order to ensure transparency, ease of doing business and thereby bridge the trust deficit between FBR and taxpayers. The Federal Board of Revenue has suspended three officials, including two inspectors and ... Read More »
LAHORE: The Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, took another initiative to facilitate taxpayers and overseas Pakistanis by establishing a facilitation desk at the Islamabad International Airport as well as the airports at Karachi, Lahore, and Quetta, and the land border stations at Chaman and Torkham. After a month of the inauguration of the facilitation desks under the ... Read More »
LAHORE: Federal Board of Revenue (FBR) has planned to create several new customs collectorates in order to reduce burden on the existing collectors and bring in further operational efficiency. And, more importantly, to accommodate newly promoted officers. Federal Board of Revenue (FBR) has planned to create a dedicated Customs Colectorate for the processing of Liquefied Natural Gas (LNG, Liquid Petroleum ... Read More »
LAHORE: The Federal Board of Revenue (FBR) has allowed Uzbekistan’s registered vehicles for the transport of transit and bilateral trade cargo to enter into Pakistan without submission of any financial security. The FBR on Tuesday issued procedure to enforce Uzbekistan-Pakistan Transit Trade Agreement for processing of transit trade cargo between Karachi Port, Port Muhammad Bin Qasim, Gwadar Port, and Uzbekistan. ... Read More »
Customs Today Newspaper Pakistan's first indepth Newspaper on Customs
