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

FBR likely to release report on gold smuggling within a week

byS. R. Khan
04/02/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Federal Board of Revenue (FBR) would release a report on a high profile case of gold smuggling on fake E-forms within a week, it is learnt here.

Sources said that FBR Chairman Nisar Muhammad Khan and Customs Member Nasir Masroor Ahmed have directed the authorities concerned to put extra efforts in order to finalise the report so legal actions could be taken against the accused persons.

You might also like

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

10/04/2026

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

10/04/2026

It is pertinent to mention here that the FBR-Headquarters has already released an interim report on gold smuggling scam, few months ago.

It may also be mentioned here that various departments of Pakistan Customs, including Model Customs Collectorate Exports, Port Qasim (Exports) and the Directorate General of Internal Audit-Customs have already conducted investigation into the case during the year2014-15.

As per the investigations, it was transpired that billions of rupees gold was exported to different countries on fake E-form in hundreds of numbers.

The sources informed that the influential personalities were behind the smuggling of huge quantity of gold, adding that those elements are using their full influence in order to stop the investigation. However; the FBR top authorities have decided to finalise all aspects of the report and make it public.

They further informed this scribe that the FBR authorities have already taken the Finance Ministry and Ministry of Commerce into confidence before releasing the report on gold smuggling scam.

Related Stories

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

byCT Report
10/04/2026

KARACHI: Chairman of the Arif Habib Consortium, the entity owning Pakistan International Airlines (PIA), Arif Habib has said that the...

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

byCT Report
10/04/2026

KARACHI: The Directorate General of Customs Valuation in Karachi has officially revised the customs values for lithium-ion batteries. Additionally, for...

Customs JIAP seizes gold, foreign currency worth Rs190m

byCT Report
10/04/2026

KARACHI: Collectorate of Customs has seized gold jewellery, gold bars and foreign currency worth around Rs190 million at the arrivals...

Inflation in Pakistan continues to surge

byCT Report
10/04/2026

ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...

Next Post

Gul Rehman's PCA detects Rs 531.147m evasion of taxes, duties in Jan

  • 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.