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Author Archives: M Hayat

Customs seizes smuggled goods worth Rs 44m in July

LAHORE: Model Customs Lahore anti-smuggling department has seized smuggled goods and articles worth Rs 40 million during the month of July. According to details, the anti-smuggling department seized ladies cloth worth Rs 0.44 million, 617.28 kgs parachute fabric worth Rs 0.35 million, A/S cloth 410kgs worth Rs 0.29 million, diesel generator (3 Nos) 39KVA worth Rs 1.20 million, diesel generator ... Read More »

Abbasi made new DG Customs Training

LAHORE: Federal Board of Revenue (FBR) undertook major reshuffle at the director general level in Lahore. According to a notification, Mr. Mahboob Saqib Khan (Pakistan Customs Service/BS-20) Director General, (OPS) Directorate General of Training & Research (Customs), Lahore, has been transferred to Model Customs Collectorate, Sialkot, as Collector. While Mr. Ali Salman Abbasi (Pakistan Customs Service/BS-21) Member, Federal Board of ... Read More »

Investors exempted from customs duty, taxes to expedite energy projects

LAHORE: The Punjab government has exempted investors from customs duty, income tax and other taxes in order to expedite energy projects so that with the cooperation of China as well as local and foreign investors, the province could get rid of energy crisis. This was stated by Provincial Minister for Energy & Minerals Sher Ali Khan while addressing a delegation ... Read More »

FBR nominates 7 officials for promotion course

LAHORE: Federal Board of Revenue (FBR) has nominated seven officials of BPS-18 from Lahore for Mid Career Management Course (MCMC) for promotion to BPS-19. The officials would be upgraded from grade 18 to 19 following the successful completion of the MCMC. “The nominees of 16th MCMC at NIM Karachi, Lahore, Peshawar, Quetta and Islamabad are required to report on 16.08.2013,” ... Read More »

‘NTC not to impose anti-dumping duty on import of PSF from China’

LAHORE: All Pakistan Textile Mills Association (APTMA) Acting Chairman Wisal A. Monnoo has said the successful representation by APTMA of its case has led the National Tariff Commission (NTC) not to impose anti-dumping duty on import of Polyester Staple Fibre (PSF) from China. He has expressed the hope that the non-imposition of anti-dumping duty will have a positive impact on ... Read More »

Cell phone imports decline by 10.8pc in FY 12-13

The mobile phone imports into the country decreased by 10.8 percent during fiscal year 2012-13 over the same period of last year. The imports of mobile phones into the country during July-June (2012-13) were recorded at $613.858 million against the imports of $688.173 million during July-June (2011-12), according to the data of Pakistan Bureau of Statistics (PBS). Similarly the mobile ... Read More »

Jewelry exports surge 28% in FY12-13

The jewelry exports increased by 28.54 percent during fiscal year 2012-13 against the same period of last year. The jewelry exports during the period under review were recorded at US$ 1.17 billion while during last year, the exports stood at US$ 916.43 million. The gems exports increased by 15.79 percent which stood at $4.575 million during July-June 2012-13 against the ... Read More »

Vegetable, fruit exports up in FY 2012-13: PBS

Exports of vegetables and fruits have surged by 31.21 percent and 8.61 percent respectively during the fiscal year 2012-13 against the corresponding period of last year. Exports of vegetables during July-June (2012-13) were recorded at $236.383 million against the exports of $180.163 million during July-June (2011-12), according to data provided by Pakistan Bureau of Statistics (PBS). The vegetable exports increased ... Read More »