FBR Awareness Seminar held at Customs House Karachi
KARACHI: FBR under the guidance of advisor to the Prime Minister Haroon Akhtar Khan and the leadership of Chairman FBR Nisar Mohammad Khan has set a vision “Generate awareness amongst the exporters...
View ArticleAnti-smuggling drive continues in Punjab
KARACHI: The anti-smuggling drive launched by Federal Board of Revenue (FBR) has gained momentum across Punjab, and Customs staff has made several seizures of large quantity of smuggled goods....
View ArticleSHC Provisional release of perfumes consignment allowed
KARACHI: SHC A divisional bench of comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Thursday allowed provisional release of a consignment of perfumes on payment of customs...
View ArticleCentral bank reproaches FBR’s dependence on regressive taxation
KARACHI: The central bank has highlighted Federal Board of Revenue (FBR) dependence on regressive taxation to meet targets, and advocates broadening of base through documentation of economy. Regressive...
View ArticlePCA Karachi detects mass under-invoicing, creates demand of Rs350 million
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served contravention on a number of traders importing tyre and tube from India for evading government’s legitimate revenue to the tune of...
View ArticleInland Revenue Intelligence raids office, mill of M/s Premier Paper Mills Ltd
KARACHI: The Directorate General Intelligence and Investigation Inland Revenue (I&I-IR) raided business premises as well as manufacturing premises of M/s Premier Paper Mills Limited and assumed all...
View Article0.4pc WHT to continue on banking transactions till April 30
KARACHI: The Federal Board of Revenue (FBR) has notified extension of reduced withholding tax rate at 0.4 percent on banking transaction up to April 30, 2016. The government imposed 0.6 percent...
View ArticlePCA Karachi detects revenue evasion of Rs341 million in March
KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs340.934 in the month of March 2016 by various companies and traders. The Directorate LED BY...
View ArticleMCC Islamabad seizes smuggled goods
KARACHI: Customs Islamabad with full assistance of Motorway Police seized a bus carrying smuggled goods and arrested three persons. The FBR is pursuing a rigorous anti-smuggling campaign across the...
View ArticleConcessions to textile industry power producers: SHC hears suits
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Friday heard a number of suits filed by Artistic Fabrics Limited and others seeking 5 per cent concession on Sales Tax on...
View ArticlePetition filed by Pak Suzuki partly heard after 18 years
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Zafar Ahmed Rajput on Friday partly heard a constitution petition 743/1998 and fixed April 5...
View ArticleSharjeel Jamal seeks acquittal
KARACHI: Sharjeel Jamal s/o Jamaluddin has approached Customs Court praying his acquittal as there was no possibility of his conviction in the case of importing fabric by mis-declaring the vital...
View ArticleMCC Quetta raids warehouses, recover smuggled goods
KARACHI: MCC Quetta has raided three godowns in Kuchlak and recovered smuggled goods worth over Rs80 million. The goods recovered include black tea, tyres of different sizes, agricultural medicines,...
View ArticleFBR notifies abnormal transfers and postings in PCS
KARACHI: In a surprising move, the Federal board of Revenue (FBR) has notified transfers and postings of BS-20 and BS-19 officers of Pakistan Customs Service (PCS). Sources said that usually there were...
View ArticleInland Revenue detects tax evasion, fraud on part of Chase Up chain of...
KARACHI: The Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) Karachi has raided Chase Up shopping city for evading taxes and...
View ArticleTax officers raid Saima Group’s business premises
KARACHI: Continuing its drive against big fishes, the Federal Board of Revenue (FBR)’s wing, Directorate of Intelligence & Investigation-Inland Revenue (I&I-IR) Karachi has raided the big name...
View ArticleFIA Anti-Corruption lodges FIR against Ahmed Mujtaba Memon Collector MCC...
KARACHI: The FIA Anti-corruption circle Karachi has lodged an FIR accusing Ahmed Mujtaba Memon Collector MCC Hyderabad of corruption and various other violations of rules and laws. According to the...
View ArticleAppraisement East submits challan, holds Sharjeel Jamal as engineer of the scam
KARACHI: The MCC Appraisement East has submitted interim ‘challan’ before the Special Customs Court in respect of 13 FIRs lodged against M/s AMI Pakistan and several other importers in the switch bill...
View ArticleMCC Islamabad seized smuggled goods
KARACHI: The MCC Islamabad is making significant progress against smuggling and the movement of smuggled goods has been reduced to a large extent. In consonance with the special directives of FBR,...
View ArticleASO Preventive Lahore comes hard on smuggling
KARACHI: The Anti Smuggling Organization (ASO) of Model Custom Collectorate Preventive, Lahore seized smuggled and non-duty paid vehicles and goods worth Rs67.9 million during the month of March 2016....
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