MANILA: The Bureau of Customs seized P700 million in smuggled fuel from two tankers in Limay port, Bataan province, the Department of Finance said Wednesday.
The M/T Alpine Magnolia and M/T Malolos were intercepted following a tip from an informant, the department said in a statement.
The vessels, worth an estimated P300 million, were also seized, said deputy commissioner Edward James Dy Buco. The two vessels discharged fuel on Dec. 15 without paying proper taxes, Buco said.
ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...
ISLAMABAD: The textile export industry has raised concerns over rising costs and policy constraints, warning that current conditions could lead...
FAISALABAD: The Federal Board of Revenue (FBR) is undertaking extensive reforms and structural changes aimed at completely eliminating tax evasion...
KARACHI: Pakistan Customs has notified revised enhanced customs values for imported old and used Apple iPhones, a move that is...
