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 Adjudication Deputy Collector Saima orders to release goods on payment of penalty

byNaeem Sheikh
05/07/2018
in Latest News, National
Share on FacebookShare on Twitter

FAISALABAD: The Customs Adjudication Deputy Collector Saima Ayyaz has issued an Order-in-Original (ONO) in favor of the Customs Anti-Smuggling Organization (ASO) Faisalabad.

As per details, ASO Faisalabad confiscated imported art silk cloth dyed printed weighing 550 kilogram which was loaded in a bus. The seizing agency confiscated the smuggled art silk cloth according to section 16 18 of the Customs Act 1969 and Import and Export Control Act 1950 punishable under section 156(1)89 of the Custom Act 1969.

You might also like

Pakistan must capitalize on emerging opportunities

11/05/2026

OICCI proposes tax relief for salaried class in Budget 2026-27

11/05/2026

Ghulam Muhammad owner of cloth appeared before the deputy collector and submitted an affidavit to deal this case on behalf of the respondents and submitted a written request to release the seized smuggled cloth on payments of duty and taxes and also submitted written application for summary adjudication while no one appeared from the seizing agency and raised no objection on release.

After concluding the hearing Deputy Collector Saima Ayyaz issued ONO in favor of federal government under section 156(1)90 of the Customs Act 1969. The CIF value as by the seizing agency is less than the bench mark of Rs150000.

However, the option is given under SRO 499(1)/2009 to redeem the cloth in lieu of confiscation on payment of duty taxes leviable on the cloth plus a redemption fine 20% of the customs value to be appraised by the Faisalabad Adjudication under relevant customs law and rules.

Related Stories

Pakistan must capitalize on emerging opportunities

byCT Report
11/05/2026

LAHORE: Pakistan must capitalize on the emerging opportunities by formulating comprehensive economic and trade policies aimed at boosting investment, regional...

OICCI proposes tax relief for salaried class in Budget 2026-27

byCT Report
11/05/2026

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed a significant increase in the taxable salary income threshold...

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

byCT Report
11/05/2026

LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...

Roshan Digital Account attracts $12.7b inflows: SBP

byCT Report
11/05/2026

KARACHI: Overseas Pakistanis continue to show strong confidence in the country’s economy as a total of $12.74 billion has been...

Next Post

Only 4% of $6b overseas assets declared under tax amnesty scheme

  • 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.