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PAKISTAN’S FIRST INDEPTH NEWSPAPER ON CUSTOMS
Daily
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Karachi, Sat August 26, 2017
LAHORE
M HAYAT
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irectorate of Customs Intelligence and Investigation under supervision of Director Rubab Sikandar has intensified crackdown on smuggled goods and items. Lahore Customs I&I squad stepped up efforts and raided different places around and in the city to get rid of the menace of smuggling.
OfQicial sources told Customs Today that Customs I&I team has seized non-customs paid items worth Rs 10 million from various places. The items were loaded on four Mazda trucks. A customs team intercepted a truck near Shera Kot bearing registration no: LES/ 2901 and recovered non-customs paid items worth millions of rupees. Sources said that the truck was owned by M/s Lucky Star Goods Transport Company and these goods were loaded from their godowns.
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In another incident, the customs authorities intercepted a Mazda truck bearing registration no: LXE 2811 of M/s Al Saad Goods Forwarding Company near Band Road and seized goods worth million of rupees. In the same way, the customs authorities impounded a Mazda truck from the possession of New Khan Goods Transport near Mcleod Road and another Mazda of M/s Swat Goods Forwarding Company was seized by the authorities near Circular Road.
Customs Intelligence intensifies crackdown on smuggled goods
ASO Sukkur seizes 49 NDP cartons of contraband mouses & 4,000 blue books
FBR assigns Rs38531.64m revenue collection target to Multan Customs
Bank Negara raids premises for suspected money laundering
Torkham Customs seizes 1m Saudi Riyals, 0.75m fake Afghan currency,arrests 3
Customs I&I under supervision has intensifiedcrackdownonsmuggledgoods | SEE PAGE 01 |
ASO Customs Sukkur, confiscated the foreignoriginNDP49cartonsofsmuggling | SEE PAGE 02 |
FBR has assigned Rs38531.64 billion revenue collection target to Customs | SEE PAGE 05 |
Bank Negara Malaysia raided five premises in Perak, Pahang and Negri Sembilan | SEE PAGE 07 |
Torkham Customs, foiling two smuggling bids, seized one million Saudi Riyals | SEE PAGE 08 |
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Govt releases over Rs53b for various schemes in PSDP Saturday, August 26, 2017
National
ISLAMABAD: The government has released over fifty three billion rupees under its Public Sector Development Programme (PSDP) for various ongoing and new schemes against total allocations of 1001 billion rupees in fiscal year 2017-18. According to data of Ministry of Planning, Development and Reforms, 2600 million rupees have been released for Communication Division, Radio Pakistan reported. The government has released 163 million rupees for Climate Change Division and over 300 million rupees for Finance Division.
ASO Sukkur seizes 49 NDP cartons of contraband mouses & 4,000 blue books
FAISALABAD
HYDERABAD
NAEEM SHEIKH
ASLAM ANJUM QURESHI
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Special Car Cell Directorate General Customs Intelligence and Investigation Headquarters of the Federal Board of Revenue Faisalabad, has impounded a non duty paid Toyota Corolla Car worth Rs, 10,00,000 involving duty taxes Rs9,85,975. According to sources, staff of the Special Car Cell received a tip off that a foreign origin used non duty paid Car bearing registration no: Q-2259 (Karachi), model 1993 is coming from Lahore on Canal Road Kashmir Pull Faisalabad. Deputy Director Syed Ittrat Hussain constituted a special team under the supervision of intelligence officer Muhammad Siddique. The special team of the car cell set up a picket on Canal Road. The staff of the special car cell intercepted the smuggled vehicle and conducted a search in the presence of the driver but found no illegal items. On demand, the driver and possessor of the car failed to produce any import and lawful documents regarding the payment of duties and taxes except the copy of an authority letter from the non registered construction company. So the Deputy director of the Special team Ittrat Hussain seized the smuggled Toyota car under Section 17 of the Customs Act 1969 for further verification of its import status and payment of duties and taxes and forensic test.
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he Anti-Smuggling Organization (ASO), Customs Preventive Sukkur, confiscated the foreign origin non-duty-paid 49 cartons of smuggling mouses and 4,000 contraband blue books made in China worth Rs one million including duties/taxes during an action at a check-post of JacobabadSukkur division during nine days of August 2017/18. Following a tip-off received by Collector Akhlaq Ahmad Khattaq, the ASO team conducted a raid on Jacobabad to abort a smuggling bid. Under the supervision of Additional Collector Rehmatulah Vistro, ASO team, comprising Assistant Collector Mumtaz Ali Ghangro, InCharge Aziz Ahmed Katpar, Inspector Nasurallah Gilal, Inspector Nazeer Ahmed, Inspector Hiydatulah Abro, Sepoys Dhani Bux, Ahmed Bhutto, Ajaz Bhutto, Khalil Ahmed, Driver Manzoor Mashori, conducted a search operation and recovered the abovementioned nonduty-paid items being smuggled into Pakistan. The ASO lodged separate cases of smuggling against the accused and forwarded cases to the customs adjudication. After a seizure report, the ASO team deposited the seized items into the Sukkur State Warehouse.
Customs car cell impounds NDP Toyota Corolla
While talking with Customs Today, customs officials said the Hy-
derabad Customs showed some brilliant performance with regard
to the anti-smugglings during the above said period.
Automobile yield on growth path, car production increases W
ISLAMABAD
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ith 5.39 percent spread in production of jeeps and cars and 20.74 percent in motorcycles, the country’s total automobiles output witnessed impressive growth during the Qiscal year 2016-17. As many as 190,466 jeeps and cars were manufactured during the period from July-June (2016-17) compared to the produc-
tion of 180,717 during July-May (2015-16), according to Pakistan Bureau of Statistics (PBS). The production of motorcycles during the Qiscal year under review also increased by 20.74 percent as it witnessed positive growth from 2,071,123 units in FY2016 to 2,500,650 units in FY2017. The production of tractors also increased from 34,814 units to 53,975 units, showing increase of 54.59 percent while the output of trucks increased from 5,666 units to 7,712 units, an
increase of 36.11 percent. According to the data, the production of buses increased by 4.49 percent during the year under review by going up from the production of 1,070 units to 1,118 units. However, the production of light commercial vehicles (LCVs) witnessed negative growth of 32 percent by declining from 35,836 units to 24,265 units. Meanwhile, on year-on-year basis, the production of motorcycles increased by 9.04 percent by going
up from output of 187,825 units in June 2016 to 204,804 units in June 2017 while the production of trucks increased by 1.16 percent by increasing from 601 units in June 2016 to 608 units in June 2017. The output of tractors also increased by 10.16 percent to 3,926 units in June 2017 when compared to the production of 3,564 units in June 2016. On the other hand, the production of jeeps and cars decreased by 6.73 percent to 11,522 units in June 2017 when compared
to the production of 12,354 units during June 2016, the data revealed. The production of buses and LCVs also decrease by 1.32 percent and 39.29 percent during July 2017 when compared to the production of the same month of last year. The productions of buses decreased from 76 units in June 2016 to 75 units in June 2017 whereas the production of LCVs decreased from 2,204 units in June 2016 to 1,338 units in June 2017, according to the data.
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MULTAN IMRAN ALI www.customsbulletin.com
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he Federal Board of Revenue (FBR) has assigned Rs38531.64 billion revenue collection target to Customs Collectorate, Multan for the Financial Year Year 2017-18. According to the details, the Customs Collectorate Multan has been given revenue targets for the collection of customs duty, sales tax, federal excise duty (FED) and withholding tax (WHT). The Federal Board of Revenue has assigned Rs10336.30 million to Multan Customs under the heads of customs duty for the economic year 2017-I8. The Customs Collectorate Multan was set Rs.8705.420 million for the customs duty during corresponding Qiscal year 2016-17. Multan Customs duty collection target has been increased almost 17 % for the current Qiscal year as compared to matching period 2016-17.It has been assigned a target of Rs.431.32 million in wake of customs duty for the month of August 2016. The FBR has allocated revenue collection target of Rs.27728.95 million to Multan Customs in wake of sales taxes for the entire economic year 2017-18. On the other hand, a target of Rs44505 million was assigned to the Customs department during corresponding Qiscal year 2016-17. The sales tax collection target has been reduced after observing drop in the sales tax proportionate from government. Multan Customs has been allocated revenue
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Saturday, August 26, 2017
collection target of Rs226.40 million under the head of federal excise duty for the monetary year 2017-18, while it was assigned a target of Rs.199 million during matching year of 201617. The FBR has given revenue collection target of almost Rs.240 million in wake of withholding tax to the Multan Customs for the Qiscal year 2017-18. Multan Customs assigned Rs.423 million for the corresponding period of 2016-17. Meanwhile, the Customs Collectorate has detected tax evasion of Rs6.833 million against M/s Ahmad Hassan Textile Mills on the misuse of DTRE. According to details, Multan Customs has granted duty and tax remission to M/s Ahmad Hassan for export on 10/1/2015 under the rule -298 of DTRE under SRO.450 (I)/2001. Multan Customs has given DTRE approval to M/s Ahmad Hassan Textile Mills for twelve months for import and locally procure goods after manufacturing them. M/s Ahmad Hassan Textile Mills imported 39,010 kilograms of cotton yarn worth Rs10.608 million for manufacturing of cotton grey fabrics under DTRE. During the scrutiny of DTRE record by audit team, DTRE user did not export a single kilogram of cotton grey fabric manufactured from imported cotton yarn. Customs teams found that M/s Ahmad Hassan Textile Mills have not imported any cotton grey fabric after manufacturing from imported cotton yarn under DTRE. M/s Ahmad Hassan Textile Mills has also purchased locally 30 percent cotton yarn quantity from local market and used in the manu-
facturing of cotton grey fabric. But the DTRE user was failed to differentiate between export and locally purchased quantity on export document during audit. Customs PCA found that M/s Ahmad Hassan Textile Mills tried to mislead the audit team and evaded Rs3.206 million from 39010 kilogram of imported cotton yarn. The DTRE user purchased cotton yarn of 114,624 kilogram of worth Rs28.076 million and M/s Ahmad Hassan Textile Mills has rejected quantity 24 358 of worth Rs.5.619 million of polyester cotton yarn and exported almost 24798 kilogram of worth Rs6.075 polyester cotton yarn. M/s Ahmad Hassan Textile Mills has also obtained DTRE approval for purchase of packing material which includes paper tubes, polypropylene sheets, polyethene, paper cones, cartons, PP bags, cone washer, HD bags, 3 ply sheets, starch chemical and it involved tax Rs1.47 million. The cotton yarn was manufactured from local cotton and cotton is exempted from sales tax. However, packing materials, used in the consignments are taxable. Therefore sales tax [ayable on purchase of packing materials is recoverable from DTRE user. In this way Duties and Tax Remission for Export (DTRE) user contravened section 19& 219 of the Customs Act 1969 section 32(3A) of the Customs Act with DTRE rules 305,306,307A & 307 –E 10 (A) of DTRE rules envisaged under SRO 450 (I)/2001 punishable under clause I &10 (A) & 14 section 156 (i) of Customs Act 1969 section 3, 6 & 31 of the Sales Tax Act 1990 .
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Founder & Chairman Zulfiqar Ali Editor Rahil Yasin editor@customsbulletin.com.pk For advertising & subscription marketing@customsbulletin.com.pk www.customsbulletin.com Phones: 042-35781643-4, Fax: 042-35781645 Address: 627, Siddiq Trade Centre, Gulberg, Lahore
EDITORIAL
How not to improve economy
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fter 70 years of independence, the country is still struggling to move its economy toward any identified direction. Many countries started their economic voyage after Pakistan, but left it behind in the race long ago. Whether under the military government or so-called democratic rule, no one could change the lot of the nation. Despite having all the economic indicators in its favour, the country still lags behind its peers in the neighbourhood. Once the war-ravaged Vietnam was struggling for its survival. Now it has a rising economy. Bangladesh is another success story which has become focus of business, trade and investment. But we as a nation are still directionless not knowing which way to go. Our competitors are not South Korea, Singapore or Malaysia anymore, but the least developed nations in Africa and elsewhere. The politicians are busy settling their scores, bureaucracy is concerned about their salaries and perks and the government is working without any economic agenda. The fate of the sixth largest country of the world is unpredictable or is predictable in a wrong sense. As a matter of fact, even disproportional size of population is blessing in disguise if human resources are utilized for economic growth. The European nations yearn for human resources and grant asylum to thousands of young every year, but a majority of Pakistan’s population consists of young blood with a desire to make progress. Only vision and direction is required to utilize their abilities. The policymakers have also failed to reap benefits of self-started industrialization or the business growth. The total concentration of the government is on tax collection or enhancement of tax rates without oering the industry anything in return. The harsh rules often backfire and the businessmen, who innocently want to do something for the nation, start avoiding to come under tax radar. This not only deprives the national exchequer of genuine tax returns, but also promotes the culture of corruption and mismanagement. A national economic action plan is need of the hour involving across the board political leadership, technocrats, civil society, think tanks, intelligentsia and the business community to prioritize the development goals.
Economy as low priority E
LAHORE
DR AFTAB AFZAL
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conomy always remained a low priority in the country thanks to politics of vested interests and inherent flaws in the administrative system. During the last 70 years, small and extremely backward nations like Singapore, Malaysia and South Korea entered the first world category and we as a nation proudly took a back seat in every economic order. It will be unfair to blame the political system for underdevelopment or hold the politicians responsible for the slow development alone.The public representatives also lacked knowledge and vision to
steer the country out of crisis whereas a segment of bureaucracy also adopted a flawed foreign policy which could be another cause of troubles faced by the nation for decades. Some think-tanks hold the inconsistent policies or the unstable political system responsible for keeping the country in the third world. Since the new set up took over in Islamabad this month, a hope for the good governance again appeared in the heart of the nation. The business community is hopeful that the new prime minister and his cabinet will adopt a realistic approach toward economy and will take steps to develop agricultural and industrial sectors. According to experts, the
country’s cottage industry can push the economy to the next level provided the government fully exploits its potentials. Pakistan has strong agricultural and industrial base and untapped export potentials worth billions of dollars in the textile sector alone. If Bangladesh can push its exports to nearly $40 billion without being a cotton producing country, Pakistan can explore the demand for home textile products and double its export volume within a year. The African continent with tremendous business and trade opportunities has been ignored for years. However, the new government will have to change the
rules of business to promote industrial and manufacturing sectors. The first thing first is the capacity building of the government officials and inculcate a motivational approach in them. The promotion of business and trade activities should be regarded as a national obligation instead of an individual or personal affair. Unless a motivational and comprehensive strategy is adopted, the capacity of the work force as well as the business environment cannot be improved. In a country marred by corruption, energy crisis, mismanagement and many other evils, one can only hope that the new prime minister will at least set developmental priorities.
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ANY H1 profit edges down to HUF 536 million Saturday August 26, 2017
World
BUDAPEST: First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year earlier, to HUF 536 million, an earnings report released late last shows, according to state news agency MTI. Net sales rose 4% to HUF 12.2 billion. Export sales climbed 14% to more than HUF 5.0 bln. CEO Gábor Zsámboki said revenues of ANYʼs card products business are expected to continue to increase in the rest of the year.
Bank Negara raids premises for suspected money laundering
Kuwait’s $2.4b causeway near completion KUWAIT CITY
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KUALA LUMPUR
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ank Negara Malaysia raided five premises in Perak, Pahang and Negri Sembilan for suspected offences under the Money Services Business Act 2011 (MSBA) and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFA) last Thursday. The premises are DJ Travel & Tour Sdn Bhd in Lumut and Sitiawan, Fathima Warisan Enterprise at Giant Supermarket in Senawang, and Habeeb Textiles in Kuantan and Muadzam Shah. Relevant documents, cash and foreign currencies were seized, the central bank said in a statement today. Four illegal immigrants who manned the premises were detained by the Immigration Department. The operation is one of the continuous meas-
Hungary budget deficit 2.65b euros ungary’s cash flow-based budget, excluding local councils, ran an 816.8 billion forint deficit at the end of July, preliminary data released by the Economy Ministry on Monday show. The shortfall was 70.03 percent of the 1,166.4 billion forint full-year target. The central budget had a 843.7 billion forint deficit and the social insurance funds were 81.8 billion forints in the red at the end of July. The separate state funds ran a 108.7 billion forint surplus. In July alone, the budget, excluding local councils, ran a 94.4 billion forint surplus. Last year in July there was a monthly deficit of 62.7 billion forints. The seven-month deficit was up from 464.8 billion forints in the base period. According to the ministry, the July surplus was achieved primarily because of an increase in tax revenues. –CB Report
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ures by Bank Negara to eradicate illegal money changing and remittance activities in our country. Bank Negara said offenders face a Qine not exceeding RM5 million or imprisonment not exceeding 10 years or both under section 4(1) of the MSBA. For an offence under section 4(1) of the AMLATFA, individuals convicted can be jailed up to 15
years and a Qine of not less than Qive times the sum or value of the proceeds of an unlawful activity or instrumentalities at the time the offence was committed or RM5 million, whichever is higher. The central bank advised the public not to conduct any money changing or remittance transactions with illegal money services business operators.
Private banks EFG, VP Bank to raise headcount in Singapore
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ichtenstein-based VP Bank and Zurich-based EFG are planning to hire more staff in Singapore. Private bank VP Bank, which has been in Singapore since 2008, currently employs about 40 staff here and told Channel NewsAsia that it aims to double that Qigure within the next two to three years. EFG did not quantify its staff expansion plans but told Channel NewsAsia in an interview that it is driven by the demand it
has observed for specialised services in Singapore like succession planning – which is one key area the Swiss private bank expects to tap on to grow its business and client base. Mr Kong Eng Huat, CEO of EFG’s Singapore unit, said: “Look at the ageing population, a lot of business entrepreneurs are in the process of transferring their wealth to the next generation, so we are making sure we have enough in house expertise. –CB Report
uwait’s new 36 kilometre causeway, which will connect Al-Sabiya city with Madinat Al-Hareer (Silk City), is on course to be completed by the end of 2018, according to the country’s news agency. The $2.4bn (KD 738m) cablestayed bridge, a key project included in Kuwait’s ‘2035 Vision’ development plan, will become the tenth longest cross-sea bridge once completed. The bridge, which is being built across Kuwait Bay, is part of Amir Sheikh Sabah Al-Ahmad AlJaber Al-Sabah’s plans to transform Kuwait into a Qinancial and commercial centre, Kuwait News Agency reported. The project is 80 percent complete and will cut the journey time between the two connection points from one hour to 15 minutes.
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Meanwhile, The US and the UK proposed a road map to help resolve the standoff between a Saudi-led alliance and Qatar during Secretary of State Rex Tillerson’s trip to the region last week, according to a Gulf ofQicial with direct knowledge of the matter. The proposals include laying the grounds for direct negotiations based on an accord that resolved a previous dispute between the Gulf nations, as well as counterterrorism measures, the ofQicial said on condition of anonymity. Tillerson has also proposed measures to ease tension, including the suspension of media attacks, the ofQicial said. US and UK ofQicials had no comment. Saudi Arabia, the UAE, Bahrain and Egypt severed their diplomatic and transport links with Qatar last month, accusing it of supporting Sunni extremists and Iranian-backed Shiite militants. Qatar has denied the charges. OfQicials from the Saudi-led bloc initially presented a list of 13 demands that Qatar rejected, included shutting Al Jazeera television.
Ireland compliant with new tax rules
he OECD issued a batch of peer review reports on the tax and Qinancial transparency of 10 jurisdictions, giving Norway and Ireland top ratings while Qinding Canada, Germany, and Australia have room to improve. Jamaica was rated as only “partially compliant,” with the Organization for Economic Cooperation and Development (OECD) citing the lack of a legal framework to ensure that beneQicial ownership information is maintained and available. All of the other countries reviewed received a rating of “largely compliant” or higher. The review is part of the implementa-
tion of the common reporting standard, a Group of 20-led effort for nations to exchange tax and Qinancial information in the hopes of cracking down on tax evasion and avoidance. The latest group of peer review reports follows up on an initial assessment made in 2011. The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes completed the reviews. The OECD gave “compliant” ratings to Ireland, Mauritius, and Norway, while rating Australia, Bermuda, Canada, the Cayman Islands, Germany, and Qatar as “largely compliant.” –CB Report
Export of vegetables to Singapore on the rise
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SINGAPORE
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egetables grown in Tamil Nadu have become a favoured commodity in Singapore given the huge volume of export to the South-East Asian nation every month. Among overseas nations having direct Qlight connectivity
with Tiruchi, Singapore has emerged as the leading overseas market for shippers of the central region exporting vegetables to the country every day. Nearly 400 tonnes of perishables – vegetables, fruits and Qlowers – were being exported to Singapore per month from Tiruchi international freight terminal through three overseas carriers. Exports to Singapore alone con-
stitute nearly 80% of the entire overseas freight dispatched from Tiruchi international airport every month. Of the nearly 20 tonnes of perishables dispatched overseas daily, nearly 13 tonnes to 14 tonnes were directed to Singapore, say airport sources. The huge demand in Singapore for vegetables grown in Tamil Nadu; the competitive rates offered to shippers of the central re-
gion and the frequency of Qlights has led to this rising trend, say stakeholders. Assorted vegetables including brinjal, ladies Qinger and beans besides lemon, coconut and chillies make for the bulk of exports to the South East Asian country. Vegetables are lifted to Singapore by Singapore-bound Scoot Airlines and the Kuala Lumpur –bound Air Asia and Malindo Air Qlights.
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Dry Port Peshawar receives Rs230m as all duties & taxes PESHAWAR: The Dry Port Peshawar earned Rs230.00million of All Duties and Taxes during the 1st to 15th of August Financial Year (FY) 2017-18. According to details explained by Additional Collector Model Customs Collectorate Fazle Samad while talking with Customs Today that, during above said period, the Dry Port Peshawar generated Rs64.91million as Customs Duty (CD) while it did Rs0.61million of miscellaneous taxes and surcharges. Deputy Collector told Customs Today that, during initial 15 days of August FY17-18.
Saturday, August 26, 2017
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Torkham Customs seizes 1m Saudi Riyals, 0.75m fake Afghan currency, arrests 3 PESHAWAR CUSTOMS BULLETIN REPORT www.customsbulletin.com
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orkham Customs, foiling two smuggling bids, seized one million Saudi Riyals and 0.750 million fake Afghan currency and arrested three Afghan citizens. In the Qirst incident, following speciQic directions from Peshawar Collector, the Customs staff of Torkham recovered one million Saudi Riyals from the possession of Feroz Shah, an Afghan citizen on board a truck No KBL 76777. The accused was smuggling the currency to Afghanistan. Driver of the truck Khushal was also arrested. Both the accused were booked to face criminal action under Customs laws. In another raid, smuggling of 750,000 counterfeit Afghan currency was aborted. The fake Afghan currency was recovered from the possession of an Afghani, Abdul Sattar, who was arrested and a case was registered for criminal proceedings. Meanwhile, The Customs team deputed at Torkham Customs station foiled a bid to smuggle huge quantity of arms to Afghanistan from Pakistan at Torkham border in Khyber Agency. Customs ofQicials told Customs Today that customs
personnel were on their routine duties at the gate when a truck bearing registration no: E-5715 arrived. The customs police searched the truck in order to perform duties when pistols and guns were found hidden in the food goods. The customs police arrested the driver Jamal Khan son of Sardar Khan resident of Logar province and registered case against him of arms
smuggling according to Customs Act 1969 and further interrogation from him underway, it said. The sources said that there were 14 pistols and 74 guns of local made industry recovered from the truck along bullets which were shifted to Torkham Customs Station. The Deputy Collector Torkham Customs Muhammad Arjumand praised the performance of customs
staff for foiling bid of smuggling and said that Torkham Customs Station remains one of the most critical customs station which is situated on border with war hit country of Afghanistan. Due to continuous threat from militants the Government of Pakistan has earlier started work to fence border with Afghanistan in order to cut roots of smuggling arms from one side of the
border to other. The deputy collector added that Pakistan Customs have major role to tackle smuggling of arms across the border in order to save the lives of people living in both countries. The deputy collector appreciated the Inspector Ahmad along other customs police for making the day happen by foiled the smuggling effort of Arms.
Multan Customs collected Rs1581.891 million MULTAN
IMRAN ALI
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he Customs Collectorate collected revenue Rs1581.891 during the Qirst sixteen days of August of economic year 2017-18 in all heads of duties and tax. According to details, Customs Collectorate Multan has collected Rs351.325 million under the head of customs duties in the Qirst 16
days of August during on-going economic year 2017-18. The Customs Collectorate Multan has witnessed marginable growth under the head of customs duty in August due to their effective strategy. Multan Customs made customs duty (CD) collection of Rs169.895 million during the corresponding period of August of Fiscal Year 2016-17. Sources told Customs Today that Collectorate of Customs collected Rs.1230.164 million under the head of sales taxes during the Qirst 16 days of August in Qiscal year 2017-18. Multan Customs has posted three times growth under
the head of sales tax during Qirst 16 days of August. While Customs Collectorate Multan has collected Rs.436.295 million during the Qirst 16 days of August in the equivalent period of Qiscal year 2016-17. Multan Customs Collectorate collected Rs0.304 million under the head of withholding tax in the Qirst 16 days of August during current economic year 2017-18. The Customs Collectorate Multan were able to collect withholding tax of Rs0.398 million for the duration of Qirst 16 days of August in matching period 2016-17.
The Customs Collectorate has generated federal excise duty (FED) of Rs0.033 million in the Qirst 16 days of August during monetary year 2017-18. However, Multan Customs was not able to collect any revenue during Qirst 16 days of August in Qiscal year 201617. Multan Customs has collected Rs590.582 million under the head of petroleum development levy during the Qirst 16 days of August in the economic year 2017-18. Meanwhile, Deputy Collector Customs Adjudication Farhat Ali promoted as Additional Collector from BS-18 to BS-19. According to
Published by M S Raza O# 42, 3rd Flr Gull Plaza M.A Road Karachi, Printed by Dhoom Printing Building No RY/A, 11/6,11/7, Mashoor Mahal,o I.I. Chundrigar Road, Karachi
details, two deputy collectors from Collectorate of Customs Adjudication were promoted in recent notiQication including Farhat Ali and Asma Hammed. Deputy Collector Customs Adjudication Farhat Ali has performed several years in various positions of Customs Collectorate Multan. Deputy Collector Farhat Ali has performed his administrative tasks at Multan Customs purely on merit. Deputy Collector Customs Adjudication Farhat Ali is performing her responsibilities in the Collectorate of Customs Adjudication from one and half year.