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Tag Archives: AFU

PCA Karachi serves 283 Contravention Reports on IT importers for Rs1.35b evasion

KARACHI: Directorate of Post Clearance Audit (PCA) served 283 Contravention Reports (CRs) on 14 importers of information technology (IT) and computer equipment involving revenue evasion and money laundering worth Rs 1.354 billion. Directorate of Post Clearance Audit (PCA) detected tax evasion, mis-declaration and money laundering on import of IT equipment and computer products. After forwarding CRs to Customs Adjudication, cases ... Read More »

AFU collects tax of Rs 2.53b in Feb; Rs 208.91m more than previous month

KARACHI: The Air Fright Unit (AFU) of Model Customs Collectorate MCC Preventive has collected revenue of Rs 2537.66 million altogether in the month of February-2015 in different revenue heads including Customs Duty (CD), Sales Tax (ST), Additional Sales Tax (AST), Withholding Tax (WHT) and Federal Excise Duty (FED). According to the revenue statistics, the Air Freight Unit (AFU) has collected ... Read More »

AFU collects Rs 23.28b in Jan, Rs 419.14m less than Dec

KARACHI: The Air Freight Unit (AFU) of Model Customs Collectorate MCC Preventive has collected revenue of Rs 2328.75 million altogether in the month of January, 2015 in different revenue heads including Customs Duty, Sales Tax, Additional Sales Tax, Withholding Tax and Federal Excise Duty. According to the revenue statistics, the AFU has collected an amount of Rs 692.99 million Customs ... Read More »

Air Freight Unit Lahore asks clearing agents to submit pending record

LAHORE: The Model Customs Collectorate Preventive Air Freight Unit Lahore authorities have asked all clearing agents to submit pending record about import and export. Sources told Customs Today that agents were advised to submit their pending records from 2010 to 2014 to the department concern at the earliest. Agents are warned of legal action if they do not comply with ... Read More »

AFU makes seizure report of 218 turtles

KARACHI: The Drug Enforcement Cell (DEC) of Air Freight Unit (AFU), MCC-Preventive has made the seizure report against accused Sajid Fiaz Cheema for his involvement in a foiled bid to smuggle 218 freshwater black spotted pond turtles at Jinnah International Airport, Karachi. In the report, it was revealed that passenger Sajid Fiaz Cheema, holding Pakistani passport No. AC-4156274, was leaving ... Read More »

Lahore Customs transfers 2 officials to airfreight unit

LAHORE: Two customs officials, including a superintendent of investigation and prosecution (I&P) and deputy superintendent, have been transferred from MCC Lahore to airfreight unit at Allama Iqbal International Airport. According to details, the MCC Preventive has transferred Superintendent Naeemullah and Deputy Superintendent Farhat Bukhari to airfreight unit of Allama Iqbal Airport. Sources said these officials have been replaced by SP ... Read More »

Govt asks civil servants to declare assets

ISLAMABAD: The Establishment Division has issued a circular to employees of all ministries and institutions asking them to declare their assets details. It is obligatory for all civil servants to declare their assets after the start of new fiscal year; however except from FBR, other employees of different ministries and institutions have not yet declared their assets despite passing more ... Read More »

Importers demand adequate seating arrangement in Appraisement-West

KARACHI: The importers and Customs agents have demanded proper seating arrangements in Model Customs Collectorate (MCC) Appraisement-West for the hearing of their cases. As per details, importers and customs agents have complained that they have to wait in long queues from morning to evening for the hearing of their cases as there was no proper seating arrangement in hearing halls. ... Read More »

Tug-of-war: FPCCI Office turns a battlefield among VPs

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Office has become battleground as clashes abrupt between companions of vice presidents and other officials on occupying the office room for vice president. A source told Customs Today that the main cause of the clashes was political nature as central leaders of FPCCI used the forum as political tool ... Read More »

Customs examines 725 containers in 3 days at KICT

KARACHI: The Pakistan Customs has examined record 725 containers in just three days from Sunday to Tuesday at Karachi International Containers Terminal (KICT). The KICT Assistant Collector Examination Usman Tariq, while talking to Customs Today lauded the efforts of customs officials on clearing 702 containers in three days at international terminal. He said that the Pakistan Customs has examined 259 ... Read More »

Halal Food Authority to boost exports to Middle East: Dastgir

ISLAMABAD: The Federal Minister for Commerce Engineer Khurram Dastgir Khan said that the draft for Pakistan Halal Food Authority has prepared by the Ministry of Science and Technology in consultation with Ministry of Commerce and other relevant institutions and will be presented to the Parliament soon. He said that approval of draft will resolve the issue of certification of Pakistani ... Read More »

Appraisement-East registers FIR against Cosmos Enterprises

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate (MCC) of Appraisement-East has registered an FIR against Cosmos Enterprises in its alleged involvement in tax evasion by clearing two consignments of miscellaneous goods from warehouse without paying the legitimate duty/taxes. The FBR sources informed Customs Today that the R&D Section of MCC Appraisement-East has nominated Abdullah, a clearing ... Read More »

Auditor General Pakistan starts expenditure audit of MCC Lahore

LAHORE: Auditor General of Pakistan (AGP) has started annual audit of expenditure of Model Customs Collectorate (MCC) Lahore. The AGP officials will conduct audit of expenditures of the MCC Lahore funds including petrol, maintenance of the vehicles expenditure, expenditures of the building, newspaper receipts, gas, electricity and waters bill. The audit officers of AGP office will complete audit report of ... Read More »

Customs Adjudication-I to issue 47 show-cause notices to fabric importers

KARACHI: The Collectorate of Customs Adjudication-I is going to issue 47 show-cause notices (SCNs) to fabric importers who involved in mis-declaration. According to details, the Office of the Collector, Collectorate of Customs Adjudication-I has to issue three show-cause notices to the importers and remaining show-cause notices to be issued by the offices of Additional Collector, Deputy Collector and Assistant Collector ... Read More »

Hyderabad Customs collects Rs 382.51m in July

KARACHI: The Model Customs of Collectorate (MCC) Hyderabad has collected an amount of Rs 382.51million in the month of July-2014 in share of Customs Duty (CD), Sales Tax, Federal Excise Duty (FED) and Withholding tax. According to details, the Hyderabad Collectorate has collected an amount of Rs 64.81 million in share of Customs Duty with the decrease of 56 per ... Read More »

MCC Export skips revenue target in July

KARACHI: The Model Customs Collectorate (MCC) of Export has failed to collect desirable revenue in July, first month of current fiscal year 2014-15. The FBR sources informed Customs Today that the MCC Exports had also missed revenue targets during the last fiscal year 2013-14 and now after claiming new efforts it missed the first month target of current fiscal year. ... Read More »

Customs to issue show-cause notices to fabric importers

KARACHI: The Collectorate of Customs Adjudication-I and II has been going to issue show-cause notices (SCNs) from the next week to the importers of textile fabric, involved in mis-declaration and tax evasion. The FBR sources informed Customs Today that the Collectorate of Customs Adjudication has prepared show-cause notices which will probably being issued to the parties from Tuesday. It further ... Read More »

FIR against appraiser: Customs I&I not on board with probing committee

KARACHI: The 6-member committee formed to investigate the aspects of First Information Report (FIR) lodged by the Directorate General of Customs Intelligence and Investigation against the appraiser Sarfaraz Bangash Zai in MCC Appraisement-West on his alleged involvement in clearing the consignments of oil by using unfair means, has yet to start its working due to absence of basic information of ... Read More »

IOCO issues 50 provisional certificates to importers

KARACHI: The Input-Output Co-efficient Organization (IOCO) has issued around 50 provisional certificates during a month, in which it allows the local importers to import raw material for manufacturing the products of local industries under concessionary regime with relaxation in customs duty related to the SRO 565(I)/2014. A FBR sources informed Customs Today that the list of the importers has yet ... Read More »

Job undone: Dar to face IMF next week

ISLAMABAD: Pakistan’s economic team lead by Finance Minister Ishaq Dar is likely to face criticism by International Monetary Fund (IMF) in Dubai next week on its failure to broaden the tax base in last fiscal year. A source from FBR told Customs Today that the talks with the IMF going to begin next week in Dubai and economic team may ... Read More »