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Tag Archives: diesel

Quetta Customs seizes Indian gutka worth Rs30m

QUETTA: The Model Customs Collectorate (MCC) Quetta has seized over Rs30 million worth of India origin gutka, betel nuts, niswar, cigarettes, diesel, zinc ingots and non-custom paid (NCP) vehicles. The vehicles carrying smuggled goods were also taken into custody at Kolpur, Qilla Saifullah, Lakpass and Mani Kha, Customs check posts. Zinc ingots weighing 14,400kg was handed over to the customs ... Read More »

PIAF welcomes Rs10b relief through cut in oil prices

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman Irfan Iqbal Shiekh has appreciated the caretaker government for reducing the prices of petroleum products by lowering the general sales tax on directives of the Supreme Court of Pakistan (SC). While issuing a press statement along with Senior Vice Chairman Tanvir A Sufi and Vice Chairman Shahzeb Akram, PIAF chairman said ... Read More »

Customs Court grants bail to suspect involved in HSD smuggling

KARACHI: The Customs Court granted interim bail to suspect namely Muhammad Akbar son of Ghulam Muhammad, who was booked in a case of attempting to smuggle non-duty paid 21,640 liters High Speed Diesel (HSD). On Thursday, counsel for the above-mentioned suspect submitted bail petition and argued that his client is innocent and was falsely implicated in this case and he ... Read More »

Myanmar grants import licences for 1,870,000 tons of fuel, diesel

NAYPYIDAW: In the first nine months of the 2015-2016 fiscal year, Myanmar granted import licences for over 1,870,000 tonnes of fuel and diesel, worth more than US$1 billion, according to the Ministry of Commerce. From April 1 to December 25 last year, businesses received licenses for the import of over $358 million worth of fuel and over $690 million worth ... Read More »

Decrease in price of petrol, diesel resuscitate cross border petroleum trade

HARARE: A recent decrease in the price of petrol, diesel and paraffin has resuscitated the cross border petroleum trade between Botswana and Zimbabwe. For the past year or so, Zimbabwean cross border traders specializing in petrol, diesel and paraffin had stopped flocking into the country to buy the flammable liquids to sell in their economically crippled country at a profit ... Read More »

Quetta: FC foils bid to smuggle 98,000 litres of diesel

QUETTA: The Balochistan Frontier Corps (FC) foiled a bid to smuggle illegal oil and seized around 98,000 litres of Iranian diesel from Panjgur district on Monday. A Frontier Corps spokesman told APP that the seized diesel was loaded onto five trucks and was being smuggled to interior parts of the country. “The FC also impounded the trucks carrying the illegal ... Read More »

China to slash diesel, gasoline prices

BEIJING: It has been announced by the powerful economic planning agency that due to a drop in oil prices, China has decided to cut retail prices for gasoline by 180 Yuan ($29) per ton and for diesel 230 Yuan ($37) per ton. The National Development and Reform Commission (NDRC), which can adjust the price ceilings on a bi-weekly basis, posted ... Read More »

Inflation of 0.39% to 0.36% YOY for 53 items in 17 urban centres as record Rs14.68 POL price cut

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has issued the Sensitive Price Indicator (SPI) for the week ended on November 6 for the lowest income group up to Rs8,000, which showed decrease from 0.39pc to 36pc. The SPI for the week under review in the above mentioned group was recorded at 207.19 points against 207.28 points registered in the previous week. ... Read More »

Kissan Ittehad opposes Indian wheat supply to Kabul via Pakistan

LAHORE: The Pakistan Kissan Ittehad (PKI) has asked the government not to give transit facility to India to supply wheat to Afghanistan. Talking to Customs Today, PKI President Chaudhary Muhammad Anwar said that Pakistan was the only country where no subsidy was given to farmers.  He said that the prices of all agriculture inputs like seeds, fertilizers, electricity and diesel ... Read More »

No handsome cut in transport fares despite govt orders

KARACHI: The transporters have refused to cut bus fares by 12 per cent to 20 per cent, demanded by the traders after massive reduction in POL prices. Meanwhile, Punjab Chief Minister Shahbaz Sharif, during a high-level meeting, gave approval to reduction in transport fares in proportion to decrease in the prices of petroleum products. The Punjab transport secretary told the ... Read More »

Mercedes B-Class EV to beat BMW i3 in price with £27,000 tag

LONDON: Mercedes will charge £1,500 more for its B-Class Electric Drive than BMW’s quirky-looking i3. The company has said that due to be launched in the UK next year, the 100 per cent electric premium MPV will be the first car to use the company’s new technology. The newcomer will cost £27,000 after the £5,000 Government grant and Mercedes will ... Read More »

POL prices may be cut by Rs1.80 from Oct 1

ISLAMABAD: Due to declining trend in the price of crude oil in Gulf Market, the price of petroleum, oil and lubricants (POL) may be reduced to Rs1.80 from the start of next month, October. According to sources, price of petrol may be cut by Rs0.70 per litre, High Octane Blended Component (HOBC) Rs1.80 per litre, high speed diesel (HSD) Rs0.87 ... Read More »

Customs seizes smuggled diesel worth Rs 20m

MULTAN: The Customs Anti-Smuggling Organisation (ASO) captured 80,000 litres of smuggled High Speed Diesel worth Rs 20 million from Dera Ghazi Khan region. As per detail, the Customs ASO intercepted two oil-tankers and recovered 80, 000 litres of smuggled diesel. The owners identified as Mohiuddin and Noor Ahmad were trying to sell the diesel to Hascol Petrol Pump in Dera ... Read More »

Multan Customs registers 19 cases in July, recovers Rs13.74m

Multan: Customs Intelligence and Investigation has registered total 19 seizure cases involving Rs 13.74 duty evasion in July 2014. As per details, Multan customs Intelligence and Investigation registered 13 cases in the range office Multan, 2 cases in Dera Ghazi Khan and one case in Sadiqabad respectively. Moreover, total duty and taxes recovered in these raids estimated at Rs13.74 million. ... Read More »

Customs Collectorate of Enforcement-South seizes goods worth Rs25.242m in 40 days

KARACHI: The Collectorate of Enforcement-South seized smuggled goods worth Rs25.242 million in last 40 days. As per details, the Collectorate of Enforcement –South Muhammad Nazim Saleem conducted raids in RCD Highway, Super Highway, West Wharf, Bolan Road, Customs Check-post in Lake pass, Chaman Road, Balali Check-post, Hala Naka Road in Hyderabad, Toll Plaza in Sukkur, Customs Check-post in Jacobabad and ... Read More »