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 Breaking News

Karachi I&I seizes smuggled goods worth Rs22b in FY2023-24

byCT Report
01/07/2024
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has registered 622 cases involving goods valued at Rs22 billion while the Directorate seized smuggled goods involving Rs3.165 billion in the previous year (2022-23).

Despite the doubling of cases, the value of seized goods has skyrocketed by seven times. This achievement underscores I&I Karachi’s focus on high-value goods to increase government revenue.

You might also like

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

15/08/2026

Rs563m bank cheques dishonored during FY 2020-21, says report

15/08/2026

Director Engineer Habib Ahmed, Additional Director Afzaal Ahmed Watto, Deputy Director Wasif Malik, Assistant Director, former Superintendent ASO Irshad Shah, and Superintendent ASO Khayam Mirza played vital role to curb smuggling.

Pakistan Customs, with the full support of Law Enforcement Agencies (LAEs) is vigorously pursuing an anti-smuggling campaign. The Regional Directorate of Customs Intelligence and Investigation (I&I) has intensified its efforts to combat fraudulent practices by ghost exporting units. These entities have been exploiting duty and tax exemptions.

The Export Facilitation Scheme, governed by SRO 492(I)/2009, allows registered exporters to import input goods without paying duties and taxes.

These imported materials are then used for manufacturing finished goods intended for export. However, recent investigations have revealed widespread abuse of this scheme by certain entities.

The Customs Intelligence team meticulously scrutinized data related to eight units suspected of irregularities, demonstrating their dedication to maintaining integrity and transparency in trade practices.

Related Stories

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

byCT Report
15/08/2026

ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...

Rs563m bank cheques dishonored during FY 2020-21, says report

byCT Report
15/08/2026

LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...

FBR slaps new daily fines on delayed customs clearance starting Oct 1

byCT Report
15/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new graded penalties for delays in filing goods declarations and clearing...

Pakistan’s foreign exchange reserves rise by $14m to $22.5b

byCT Report
15/08/2026

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $14 million during the week ended August 7, 2026, reaching $22.498...

Next Post

Multan Enforcement impounds non-duty paid goods worth Rs1.45b

  • 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.