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

Ministry of Ports and Shipping seeks NA committee help to get duty of Rs3b on tugboats waived

byM Arshad
22/12/2015
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Ministry of Ports and Shipping has sought assistance from the Standing Committee of the National Assembly to get customs duty of Rs 3 billion waived which was levied on four tugboats.

The PNSC procured four tugboats at the cost of $25 million four years ago. However, the Federal Board of Revenue (FBR) levied customs duty of Rs 3 billion. Tugboats are used for maneuvering vessels by pushing or towing them. The tugboats are powerful for their size and strongly built, and some are ocean-going.

You might also like

FBR issues corrigendum on sales tax under Third Schedule

20/08/2026

Zong announces Rs4b investment in Karachi

20/08/2026

Briefing the National Assembly Standing Committee on Ports and Shipping about implementation status of development plans of PNSC, Secretary Ports and Shipping Khalid Parvez said that issue was taken up in the Executive Coordination Committee (ECC) of the Cabinet. ECC formed a committee to resolve this issue with the FBR.

“Meanwhile, the FBR tried to detain PNSC officials over nonpayment of customs duty, but PNSC obtained a stay order from the court which made this case sub-judice, therefore the committee observed that reported issue was sub-judice therefore it should be resolved judicially,” he added.  Moreover, he said that ECC was of the view that it did not reserve powers to waive the said duty therefore parliamentary procedure should be followed in this regard.

Therefore, he demanded of the committee to play its due role in this regard however, committee decided to get opinion from the Law Division on either to move a motion in the National Assembly or move recommendations from the committee secretariat.

PNSC Chairman Arif Elahi proposed a joint meeting of PNSC with Pakistan State Oil (PSO) to resolve dispute between both the state organizations. The dispute between both the organizations has incurred loss of $ 25 million to PNSC in last four months because the PSO has stopped transportation of petroleum products through PNSC ships.

Presently, PNSC has receivables of Rs 2.5 billion from PSO and blockade of such a huge amount s affecting the operational performance of PNSC” both the personalities observed while briefing the National Assembly Standing Committee on Ports and Shipping about implementation status of development plans of PNSC here.

They informed the committee that all other refineries except PSO had no objection about PNSC performance and other standards and that was why they were preparing PNSC ships. But unfortunately, Ministry of Petroleum and Natural Resources and Ministry of Commerce preferred international shipping networks instead of PNSC for the transportation of imports which was nothing else but the wastage of national exchequer.

 

Related Stories

FBR issues corrigendum on sales tax under Third Schedule

byCT Report
20/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a corrigendum to clarify the levy, assessment and collection of sales...

Zong announces Rs4b investment in Karachi

byCT Report
20/08/2026

KARACHI: A high-level delegation from Zong China Mobile Pakistan met with Sindh Chief Minister Murad Ali Shah, during which an...

Transport fares cut by 10pc after petroleum price reduction

byCT Report
20/08/2026

LAHORE: Transport fares have been reduced by 10 percent following a decrease in petroleum product prices, providing relief to commuters...

PM directs petroleum minister to negotiate with refineries for diesel price relief

byCT Report
19/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed Petroleum Minister Ali Pervaiz Malik to immediately reach Karachi and hold negotiations...

Next Post

Ukraine Customs announces introduction of ASYCUDA system

  • 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.