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

Pakistan’s trade deficit soars by 18.11% to $7.11 billion

03/09/2026

Pakistan to import up to 1m tonnes of wheat as Dar orders immediate supply to provinces

03/09/2026

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

Pakistan’s trade deficit soars by 18.11% to $7.11 billion

byCT Report
03/09/2026

ISLAMABAD: Pakistan’s trade deficit has soared by 18.11% during the first two months of the current fiscal year, rising from...

Pakistan to import up to 1m tonnes of wheat as Dar orders immediate supply to provinces

byCT Report
03/09/2026

ISLAMABAD: Deputy Prime Minister Ishaq Dar directed the Pakistan Agricultural Storage and Services Corporation (PASSCO) to immediately release wheat to...

Roosevelt Hotel counsel sees 1% chance of overturning arbitration award

byCT Report
03/09/2026

ISLAMABAD: Legal counsel for the Roosevelt Hotel has assessed the chances of successfully challenging an adverse arbitration award at just...

20 FBR-supplied computers disappear from Karachi Customs House

byCT Report
03/09/2026

KARACHI: Twenty brand-new computers allotted to Customs Appraisement East have gone missing from the Customs House Karachi store room, prompting...

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.