Dec 18 layout 1

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pAkiSTAN’S FirST iNDepTH NewSpAper oN CuSTomS

Daily

Vol 1 Issue No. 268

Karachi, Fri December 18, 2015

KARACHI

AFTAB CHANNA

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n a bid to thoroughly investigate the recovery of containers of NATO/ISAF in city’s outskirts yesterday, Collector Customs Preventive Syed Tariq Huda has constituted a high level committee to reach the logical end.

It is mentioned here that Model Customs Collectorate Preventive raided godowns in Mauripur area and recovered pilfered/missing containers of

Price Rs. 14.00

NATO/ISAF/US Army reverse cargo. The sources told Customs Today that Collector MCC Preventive Syed Tariq Huda has formed a committee headed by Assistant Collector (Headquarters) Syed Muhammad Raza Naqvi that would investigate the matter and submit a detailed report. While ten senior ofOicials of the preventive services would assist the AC. While, the committee would function under the supervision of Additional Collector Khalid Hussain Jamali, sources added. The sources told that further investigation were underway and it would be premature to point Oinger at anyone. “Let the things be uncovered and actual facts be inv e s t i g a t e d ”, sources added.

Appraisement-East seizes three containers filled with ‘sand blocks’

Merit essential to convert pledges into actions: Member Waqar Ahmad

NAB files four references in Rs95.52m Modarba scam

Chief Collector Rozi Khan to supervise promotion committee in Central region

PCSIR to set up state-of-the-art laboratory in Faisalabad

MCC Appraisement-East, under the leadership of Collector Majid Yousfani | See pAge 02 |

Discouraging favouritism and sticking to merit will not only make the FBR | See pAge 03 |

The NAB has filed a corruption reference in Rs95.52m Modarba case | See pAge 04 |

The FBR has constituted Departmental Selection Promotion Committees | See pAge 12 |

World Class and state-of-the-art PCSIR Laboratory will be set up in Faisalabad | See pAge 09 |

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FBR seeks asset details from Sindh govt employees Friday, December 18, 2015

National

KARACHI: The Federal Board of Revenue (FBR) has issued notices to the Sindh government employees who failed to submit details of their assets. Sources told Customs Today that a majority of the Sindh government employees did not submit the details of their assets. Among those who did not file their assets details include employees of the Governor’s House, Chief Minister’s House, employees of the Sindh Assembly, Chief Secretary office, commissioner, and deputy commissioner’s office. It is pertinent to mention here, that spokesman of Governor Sindh Wajhat Ali is also among those who did not file their asset details as yet.

Appraisement-east seizes three containers filled with ‘sand blocks’

LAHORE

KARACHI

m HAYAT

AFTAB CHANNA

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ustoms Investigation and Intelligence (I and I) has seized above Rs 67 million illegally imported cigarettes, gutka and shisha flavors.

According to details the Customs I&I on the instructions of Director Saud Imran Deputy director Saad Atta Rabani formed a team consisting Superintendents Nasir Minhas, Rauf Farooqi, Rafique Bhatti and other officails of the directorate and raided Abik Road near Anarkali.

The official sources said that the customs I&I during the raid recovered 450 carton of cigarettes, gutka and 63 bags of shisha flavors. The sources told Customs Today that illegally imported contraband cigarettes, gutka and flavor were valued at Rs 67 million.

The sources said that the Customs I&I has registered FIR against the accused party and started further investigation. The sources said that customs I&I intelligence has increased surveillance on the smuggling activities in the region and conducted several operations on the strict directives of DG customs I and I Imtiaz Ahmad Khan.

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he Model Customs Collectorate Appraisement-East, under the leadership of Collector Majid Yousfani, has seized three containers laden with sand blocks in place of imported pulses, it is learnt.

Sources told Customs Today that Research and Development (R&D) ofOicial on intelligence information checked three containers at the Qasim International Container Terminal (QICT) and found that these containers contained sand blocks.

“The documents reveal that pulse was imported by the importer from Tanzania and the same were shifted to NLC terminal”, sources added.

According to the sources, further investigations were underway and intelligence authorities were checking all aspects of the consignment.

While, the importer’s demand of allowing him up to the container and his repeated demands that he would Oile insurance claims make the whole process doubtful, the sources added.

The sources further added that it was feared that the containers might have been change or the pulses were off-loaded while their transfer from QICT to NLC. Meanwhile, Collector Customs Appraisement East Majid Yousfani

Lahore Customs impounds rs 67m illegally imported cigarettes, gutka

has asked the Federal Board of Revenue (FBR) to update withdrawal of sales tax on import of Maize Starch in WeBOC system as the importers are yet taking undue beneOits of the concessions, it is learnt. “The Board

vide SRO 486(I)/2015 dated 30.6.2015 had withdrawn the exemption of sales tax levy on import of Maize Starch classiOiable under HS Code 1108.1200 notiOied vide SRO 11225(I)/2011 dated

13.12.2011”, according to a letter forwarded to Abdul Hameed Memon, Chief (Automation Sales Tax), Inland Revenue Wing, Federal Board of Revenue, by Collector MCC Appraisement East Majid Yousfani.

ASo confiscates 994 smuggled tyres wroth rs 20m during raid KARACHI

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he Directorate of Customs Intelligence ASO Department raided at different area of Karachi and recovered 994 Tyers worth Rs 20 million.

According to detail, the Directorate has recovered 994 Tyres

worth Rs 20 million from a warehouse situated in Tariq Road and F.B Area Aziza Bad. The Director of Customs Intelligence ASO Asif Marghoob Siddiqui and Director General Imtiaz Ahmed has formed a special anti-smuggling team headed

by Superintendent Najeeb Jaffrey while Additional Director Nadeem Ahsan is supervising the operations of this team, and this team recovered a smuggled Tyres which were smuggling from Afghanistan from a long time. Sources said the legiti-

mate anti-smuggling team lead by Najeeb Jaffrey is quite actively playing its role in the grand anti-smuggling campaign. According to Najeeb Jeffery that in the leadership of Marghoob Ahmed Siddiqui ASO department is doing their job perfectly and also recovered big smuggled goods and will clean this Karachi soon by smuggling.

Meanwhile, Directorate of Intelligence and Investigation (Anti-Smuggling Organization), Karachi, during an operation against smuggling in

December 2015, has recovered a huge quantity of smuggled goods worth millions of rupees. Four persons have also been arrested.

Sources told Customs Today that during this anti-smuggling campaign in December-2015, at least 1,421 foreign origin smuggled tyres were seized from Bhadurabad and Azizabad which were illegally brought without payment of duty and taxes.

In another raid, a team of Customs Intelligence seized 148

smuggled gas cylinders from a godown located in SITE area Karachi for which no customs documents for payment of duty and taxes were provided during questioning. At least 40,000 liters smuggled Iranian diesel and petrol was recovered from the jurisdiction of Saeedabad Police Station at Yousuf Goth Karachi concealed in underground tanks.

In addition smuggled vehicles, gutka and black tea was also taken in to custody.

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FBR to start audit of Lahore Stock Exchange brokers LAHORE: Federal Board of Revenue (FBR) has decided to conduct audit of brokers of Lahore Stock Exchange. FBR will audit the record of sales and income tax paid by the Lahore Stock Exchange from 2010 to 2014. According to details, Federal Board of Revenue, Regional Tax Office-I (RTO-I) will conduct the audit of Lahore Stock Exchange brokers. FBR takes this step after find some irregularities in the tax paid by the indviduals and firms doing business with Lahore Stock Exchange.

FBR will scturinize the the record of those who are doing shares business in the Lahore Stock Exchange.

Quetta Customs seizes smuggled goods KARACHI

wAQAr AHmeD ANSAri

Friday December 18, 2015

National

merit essential to convert pledges into actions: member waqar Ahmad

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irectorate General of Customs Intelligence and Investigations FBR Quetta has seized a huge quantity of smuggled aluminium sheets and aluminium scrap. While in another operation, the Customs authorities have taken into custody smuggled carpets and generators.

Sources said that the Customs authorities received information regarding the smuggling of the items.

The Customs authorities have geared up surveillance in specified areas. During the road checking, the Customs team seized four ton aluminium sheets, three ton aluminium bundles and scrap.

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Ayyan moves court against her indictment LAHORE

m HAYAT

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customs appellate tribunal of the Lahore High Court on Tuesday issued notices to customs authorities for December 22 on plea against indictment of model Ayyan Ali in currency smuggling case. The tribunal comprising Justice Abdul Sami Khan heard the review petition filed by Ayyan Ali against her indictment. During the hearing, the petitioner’s counsel arguing before the court submitted that the trial court dismissed acquittal application filed by Ayyan Ali less than 265K of CrPC on November 11 and appeal against the dismissal of acquittal application was not yet fixed for hearing. He contended that the charges levelled against the accused were baseless and there was no chance of her conviction.

But, the trial court framed charges against the accused without any justification, he added.

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ISLAMABAD

m FAiZAN

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iscouraging favouritism and sticking to merit will not only make the Federal Board of Revenue (FBR) a prestigious department but also prove helpful in achieving the set revenue targets. FBR Administration Member Waqar Ahmad shared his views while giving an exclusive interview to Customs Today, adding that “as a government servant, I follow the rules and regulations at every step and expect the same from subordinates.”

“The FBR will work on all aspects that have not been giving proper attention in the past,” Ahmad said, adding that the main purpose of all measures was to raise the tax collection. “As a chief commissioner at Regional Tax OfOices (RTOs), I achieved the assigned target by 200 percent many times,” he said, besides suggesting that tough goals could be made achievable by staying the course with determination.

The member said that if all wings of FBR including Administration wing performed their duties well but the target was not achieved, it means there were some loophole that must be plugged. FBR was not facing shortage of staff; he said and added that department could not depute a staff of 100 ofOicers in an area where tax collection is comparatively low. He highlighted that FBR will enhance the staff at those areas, which have po-

tential to increase tax collection. He said that actions against corrupt and miscreant ofOicials were taken following the recommendations of department concerned but after verifying the evidence. Expressing love for his homeland, Pakistan, the member said that he wanted to serve the country through his honesty and hardworking, adding that all ofOicers should work on same pattern, as the country demanded such devoted persons. Member Waqar Ahmad said that Pakistan provided us save

“As a chief commissioner at regional Tax offices (rTos), i achieved the assigned target by 200 percent many times,” he said, besides suggesting that tough goals could be made achievable by staying the course with determination.

Dar says FBr makes headway to resolve wHT issue ISLAMABAD

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inance Minister Ishaq Dar said that with the cooperation of the business community, the Federal Board of Revenue (FBR) has made considerable headway with regard to withholding tax (WHT) and it was important now to

conclude the matter in a smooth manner. The minister stated this in a meeting with representatives of trading and business community here on Wednesday where special assistant to PM Haroon Akhtar, Member National Assembly Mian Abdul Mannan, MNA Pervez Malik, FBR Chairman Nisar Muhammad Khan and other senior FBR ofOicials were present, adding that settlement of the matter would give further boost to economic activities and contribute to economic growth.

The minister was briefed by the FBR team on the progress of negotiations with the traders. He expressed his appreciation for the representatives of trading community for their continued engagement with the government and their contribution in suggesting measures to improve the system.

Dar said the government was encouraging growth of formal economy and expansion of the tax net while simultaneously taking steps for facilitation of the taxpayers.

heaven and respect in the world; therefore all the natives should strive for its progress. Everyone has talent to perform his duty in well manners but there was required to select right path to convert pledges into actions, he said. The member said that talented persons are key players of the department. Hailing the appointment of Nisar Muhammad Khan as FBR chairman, he said that FBR chairman was an experienced ofOicer and has leadership qualities to bring change at lower level of the department.

Customs Tribunal hears four cases he Customs Appellate Tribunal heard four cases on Tuesday and adjourned all the cases for next hearing, as no case was decided on the day.

According to the details, tribunal bench-II comprising Judicial Member Omer Arshad Hakeem and Technical Member Khawaja Omer Mehdi heard the cases.

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83 National Savings Centres computerised Friday, December 18, 2015

Business

ISLAMABAD: The Central Directorate of National Savings (CDNS) has computerised 83 National Savings Centers (NSCs) in the country to further improve performance and facilitate the account holders. The CDNS, under its first phase of automation project during last three years, also ensured automatic credit of monthly profits of Bahbood Savings Certificates and Pensioners Benefit Accounts into correlated Savings Accounts of the investors in computerised National Savings Centres. Official sources while highlighting the other accomplishment on Wednesday said targets were achieved regarding recruitment and procurement for year-one as per PC-1 of Automation Project of CDNS Phase-II.

kSe takes mammoth leap of 395pts to reach 33110 KARACHI

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he stocks witnessed the bearish trend whole the day on Thursday as Karachi Stock Exchange benchmark KSE100 index crossed psychological barrier of 33,000 points, gaining 448 points but lost more than 50 points in the last minutes. The KSE added 394.94 points to reach 33109.54 level at closing.

China to invest $1.2b in coal mining project for power plant

The market recorded the highest trading level of 33162.05 points and lowest level of 32714.60 points, with the volume of 93,414,680 shares, having Rs8.07 billion value.

As many as 328 companies were active; of which 221 advanced, 89 declined and 18 remained unchanged.

Cement remained the highest traded sector with total volume of 15,907,600 shares, while technology & communication remained second traded sector with a total volume of 15,418,500 shares. The three top traded companies were TRG Pak Ltd with a volume of 10,730,500 and price per share of 34.36 (-0.28), Pak

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he Chinese government has announced to invest $1.2 billion in mining of 3.8 million tons per annum coal for a 660MW coal-fired power plant in Tharparkar. According to the ministry of water and power, the final lending documents will be signed between Pakistan and China on Dec 21 in Beijing. It is pertinent to mention here that the agreements of loans required for the project – around $800m.

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ISLAMABAD

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ISLAMABAD

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he government has released Rs 624.912 million for different developmental projects of Ministry of National Food Security and Research under Public Sector Development Programme (PSDP) 2015-16. According the data of Planning Commission of Pakistan, the government has released Rs79.292 million for research for agriculture development programme as against

he National Accountability Bureau (NAB) has filed a corruption reference in Rs95.52 million Modarba case in Accountability Court Rawalpindi against Chief Executive Officer (CEO) Islamic Investment, Muhammad Nazeer and others. The accused have been charged on corruption, corrupt practices and cheating public at large in ploy of Islamic mode of investment.

NAB Rawalpindi has filed four references in Modarba Scam and in the second corruption case, the Bureau filed reference in Rs48.410 million Modarba scam in Accountability Court, Rawalpindi.

This reference has been filed against Muhammad Bilal of Bilal Trading Corporation and other accused persons on charges of corruption, corrupt practices and cheating public at large. Similarly, the third corruption reference of Rs5.95 million in Modarba case was filed in court against Muhammad Yasir S/O Muhammad Gulistan, Chief Executive Officer (CEO) Al Jazeera International and other accused persons. In fourth corruption reference, the Bureau has filed reference in Rs5.02 million Modarba case.

T Elektron with a volume 8,831,500 of price per share of 67.50 (0.42), and Oil

& Gas Dev with a volume 8,400,500 of price per share of 119.15 (5.67).

rs 625 million released for food security projects under pSDp

ISLAMABAD

NAB files four references in rs 95.52m modarba scam

the total allocation of Rs428.229 million for current Oiscal year.

To overcome the edible oil import bill of the country, government had launched promotion of olive cultivation on commercial scale across the potential areas and earmarked an amount of Rs300m in PSDP 2015-16 where as it has released Rs117.500 million during the period under review. In order to fulOil the World Trade organization standards and enhance live stock exports, government has released Rs45.700 million for special programme for strengthening of SPS facilities and quality in-

spection services and establishment of an integrated national animal and plant health inspection services. The government has allocated Rs45.700 million in PSDP 2015-16 for the above mention project where as the total cost of project was estimated at Rs460.7 million. Under development programme for the current Oinancial year, government has so far released Rs80 million as compared to total allocation of Rs200 million for indigenization of Hybrid seed production for enhanced crop production to enhance per acre crop output in the country.

CDA for completing D-12 development work in three months ISLAMABAD

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he leftover development work in the federal capital’s sector D-12 would be completed in three months.

The Capital Development Authority (CDA) has directed the authorities concerned to complete the work in time. It has also been decided to connect D-12 link road with

under-construction second carriage way of sector G-10, being constructed from the roundabout of service road (West) to Khyabaan-eIqbal, and on the other side with Margalla Avenue linking Tarnol.

The management has directed the concerned formations to sort out the issues regarding relevant portion of Margalla Avenue within a month time to ensure access to D-12 sector. A meeting in this regard was held at CDA Headquarters which

was presided over by Chairman CDA Maroof Afzal while Member Administration, Amer Ali Ahmed, Member Engineering and senior ofOicers of relevant wings of the Authority were also present on this occasion.

Speaking on the occasion, the CDA chairman said that the authority is not only focusing on initiating new development projects but also proactively pursuing the sector development process which remained stalled for last many years. He said

that D-12 development process is nearing completion and delay, what so ever, will not be tolerated in completing the leftover work.

Meanwhile, After decrease in solar photovoltaic (PV) prices in the global market, the upfront tariff for new solar power plants has been cut by more than 27 per cent.

The National Electric Power Regulatory Authority (Nepra) has set two different upfront rates for solar plants in the country’s South

and North regions with generation capacity ranging between 1 and 100MW. It said the new tariff would be 11.35 cents to 11.53 cents per kWh for North region and 10.72 to 10.89 per kWh for South region.

Through the new rates, an attempt has been made “not only to create a balance between the interest of the consumers and the investors but also to encourage investment at the same time”.

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Friday, December 18, 2015

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n a meeting of the Senate Standing Committee on Finance and Revenue, Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan on Wednesday defended the government decision to levy regulatory duty.

Senators Kamil Ali Agha, Ilyas Bilour, Mohsin Aziz and others expressed concern over the government decision to levy regulatory duty of Rs 40 billion, saying that items of daily use had also been made costlier, therefore, the government should immediately withdraw this duty.

They also expressed the fear that imposition of regulatory duty on imported items would be tantamount of increase smuggling and it would further decrease revenue collections.

Amid a lot of hue and cry over the issue, Nisar said that revenue shortfall was witnessed in the Oirst quarter of the current Oiscal year due to reduced oil prices in the international markets, therefore, regulatory duty was levied on imported luxury items to make up the deOiciency. Nisar Muhammad Khan said that article 77 of the con-

stitution allowed the state to impose new taxes as well as change the existing ratio of taxes. Regulatory duty was levied under Customs and Excise Act. He further added that no new SRO had been issued in last two years as well as no regulatory duty was levied on import of machinery.

He hoped that FBR would meet the revenue collection for next seven months and there would be no need to take any such measure in future because revenue collection witnessed 28% growth in November. On a public petition regarding tax injustice on a Chinese Company, he assured the committee to take required actions to address the reservations of Chinese Company and then provide required record before the committee. Responding to observations of Kamil Ali Agha regarding Customs teams raids to check smuggling; he said that smuggling had reduced significantly due to strict vigilance of Customs department at borders and adjoining areas.

However, Nisar announced to continue efforts till total elimination of menace of smuggling, saying that Customs teams raided at

different places in Lahore in search of smuggled $ 10, 000 which had been hid somewhere by smugglers.

On the issue of Saint James Hotel and Club, FBR officials told committee that they were working on the matter in collaboration with British and Singaporean authorities and had sought concerning record from them and would submit report before the House on completion of investigation.

inue to cont d e c n u f no ation o n i Nisar an m i l e l at till tota aying th s , g eorts n i l g rent of smug at die d e d menace i a r f s teams earch o s n i custom e r d n Laho hich ha w places i 0 0 0 , y ed $10 where b e smuggl m o s dden been hi ers. smuggl

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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

Declining exports

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ccording to newspaper reports, the total exports of the country have further nosedived by 13.81 percent to $8.541 billion during the first five months, from July to November, of the current fiscal year. The total exports stood at $9.909 billion during the same period in the previous fiscal year. Experts hold the government responsible for the declining trends in exports as no official of the federal government or the Ministry of Trade and Commerce is ready to take responsibility of the situation. The finance minister is using his full energies to arrest the fast devaluation of the Pakistani rupee against dollars and running from pillar to post to hold negotiations with donor agencies to get more and more loans and the minister of commerce is busy in the local politics. The prime minister has his own busy schedule and exports seem to have the lowest place in the priority list of everyone who matters. The businessmen are waiting for a new trade policy, textile policy as well as an effective auto policy and they have to wait until the mandate of the present government ends in 2018.

On the export sector, Pakistan is lagging behind even Bangladesh and Vietnam. The country’s exports witnessed a decline of over 15.12 percent and stood at $1.662 billion in November 2015 compared to $1.958 billion in November 2014, said a report issued by the Pakistan Bureau of Statistics. The government though released some of the long-awaited sales tax refunds to exporters in November but only to sugar mills in Sindh and Punjab and it made the volume of exports slightly better. Some officials hold the energy shortage, especially in Punjab, responsible for decline in exports, but the most important issue is the apathy of the government to realize the problems faced by the business community. However, Finance Minister Ishaq Dar and reports from world donor agencies still claim that Pakistan’s economy has been improving for the last few months as compared to the previous year. The World Bank and the government circles forecast 4.5 percent GDP growth in 2016 and 4.8 percent in 2017. Pakistan’s exports have been declining but it is a good omen that the government has managed to curtail trade deficit by 4.48 percent to $9.936 billion in July-Nov 2015-16 from $10.402 billion in the same period of the last year. In November 2015, trade deficit was 37.50 percent month-on-month due to drop in imports and exports.

TApi gas pipeline, challenges T

LAHORE

Dr AFTAB AFZAL

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he dream of regional integration has been transforming into a reality after leaders of Turkmenistan, Afghanistan, Pakistan and India joined hands in Mary city of Turkmenistan to formally launch the historic TAPI gas pipeline project. The project, which will cost $10 billion, will be completed by 2019 and will ensure supply of 1325mmcfd (million cubic feet per day) natural gas to Pakistan to help mitigate energy crisis in the country. Starting from Galkynys gas Oield of Turkmenistan, the pipeline will pass through Afghanistan into Pakistan and it will culminate at Fazilka

town of India near the Pak-Indian border. The project will beneOit around 1.5 billion people in this region and the ‘blue fuel’ known in the Turkmen’s local dialect will continue Olowing by 33 billion cusec meters per annum.

Highlighting the importance of the project, Prime Minister Nawaz Sharif said the Olagship project would usher in a new era of shared prosperity and socio-economic development in the region and transform the lives of millions of people in the region. No doubt the presence of the leaders of all the parties involved in the project indicates the importance they attached to the project and their commitment to complete it as early as possible. As a matter of fact, this is the century of econ-

omy and regional integration. The people living in South Asia and Central Asia share not only common history and culture, but also business trade and economy. Instead of trading with far lung areas, it is better to develop regional trade for the beneOits of the common man.

Despite having vast oil and gas reservoirs in Pakistan, the country has been facing severe energy crisis for the last two decades and supply of gas from Turkmenistan will give new lease of life to the ailing industry in the country.

However, insurgency in Afghanistan and parts of central Asian states is the big threat to the pipeline project. Pakistan on its part can do anything for the safety of the pipeline, but one

country cannot do everything all alone. Prime minister has correctly pointed out that Pakistan has no control over the Afghan Taliban but it will use whatever inOluence it has to bring peace and prosperity to this region. Prime Minister Nawaz Sharif, Afghan President Ashraf Ghani, Turkmen President Gurbanguly Berdimohamedow and Indian Vice President Muhammad Hamid Ansari pushed the button of 1,814-kilometer pipeline project, hoping that the work will be completed in four years. Work on another power project CASA-1000 was being carried out expeditiously and it gives a message to India and Bangladesh to change their antiPakistan policies for peace and prosperity of this region.

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Singapore’s NODX falls 3.3% in Nov SINGAPORE: Singapore’s non-oil domestic exports (NODX), a key gauge of the export performance of the small and highly open economy, dipped 3.3 percent in November on a year-on-year basis, compared to the flat growth in October, said the International Enterprise (IE) Singapore on Thursday.

The decrease was mainly due to a contraction in non-electronic NODX which outweighed the increase in electronic NODX, said IE Singapore in the press release.

On a month-on-month seasonally adjusted basis, NODX declined by 3.8 percent in November, compared to the 0.3 percent contraction in the previous month, due to contraction in non-electronic NODX which outweighed the growth in electronic NODX. The trade promotion agency said that electronic NODX grew by 0.7 percent in November year-on-year, compared to the 3.2 percent decline in the previous month.

Businessmen show concern over rising public debt usinessmen in a meeting at Islamabad Chamber of Commerce and Industry (ICCI) showed concerns over the trend of consistent rise in public debt of the country and called upon the government to arrest the rising debt.

They said that due to increasing debt every Pakistani now owed a debt of more than Rs 101,300.

ICCI President Atif Ikram Sheikh, Senior Vice President Sheikh Pervez

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Ahmed and Vice President Sheikh Abdul Waheed said the country has witnessed an unprecedented increase of around 434 percent in public debt within a short span of 15 years as our public debt in 2000 was Rs 3,172 billion which has surged to Rs16,936 billion by the end of March 2015. It showed that the successive governments have resorted to huge borrowings without giving consideration to the fact that this reckless approach was pushing the country towards a serious debt trap. They stressed upon the government to make an innovative strategy to get rid of debt issue and give priority focus to exploiting indigenous resources to overcome fiscal deficit problems. They said the heavy borrowing by the government from banks has also limited the space for credit flow to the private sector due to which businesses were facing problems in growth and expansion. They said the best option for the government to minimize its reliance on debt was to take measures to strengthen the private sector. —CB Report

Friday December 18, 2015

Chambers

pCSir to set up state-of-the-art laboratory in Faisalabad W

FAISALABAD

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orld Class and state-of-theart PCSIR (Pakistan Council for ScientiOic and Industrial Research) Laboratory will be set up in Faisalabad with an estimated cost of Rs.500 million, disclosed Dr. Shahzad Alam chairman PCSIR. Addressing a meeting of the Faisalabad Chamber of commerce and Industry (FCCI) here today Dr. Shahzad Alam, Chairman PCSIR told that this lab is expected to be completed by June next year while a PCSIR sample collection centre will also start working from next month. He said that PCSR has 16 institutes throughout the country out of which 09 are conducting research while remaining seven are imparting technical training to different sectors with the objective to upgrade the local industry on modern scientiOic lines.

Regarding the new testing lab at Faisalabad, he said that no doubt predominantly it will cater to the needs of textile industry but it would also look after the R&D issues of foundry, pharmaceutical and other industries housed in this area.

He told that during this visit, he will also select appropriate site for this lab in addition to making the necessary arrangements for its immediate construction.

Regarding sample collection center, he said that it could be established at FCCI Complex. He invited FCCI delegation to personally visit Lahore lab to review the facilities offered by this lab which would also help them in making the Faisalabad centre more effective, productive and result oriented. He told that PCSIR labs are now conducting 395 different types of tests along with their certiOication which are also accredited and are recognized at in-

ternational level. This certiOication is offered at a much cheaper rate to facilitate the local exporters, he said and admitted that henceforth, PCSIR could not give due attention to Faisalabad. However, now he has decided to focus on the R&D issues related to the industrial sector of Faisalabad and the PCSIR lab will also extend wide range of facilities with the purpose to fulOill the entire R&D needs of the local industries.

Responding to yet another a question about energy shortage, Chairman PCSIR Dr. Shahzad Alam said that this prime research organization has developed two kinds of cheap fuels which could be used for heating

100 textile millers announce to close unites

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LAHORE

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he All Pakistan Textile Mills Association (Aptma) has revealed that as many as hundred mills have announced to close their units if the federal government fails to address commercial non-viability and complete gas suspension.

Aptma Punjab Chairman Aamir Fayyaz, addressing a press conference after holding a general body meeting of the association, said that the association will call a conference of stakeholders of the entire textile chain, including value-added sector, this month to evolve a joint protest strategy. He said that about 70 textile mills have already closed down in Punjab due to commercial non-viability and complete gas suspension by the Sui Northern Gas Pipelines Limited (SNGPL), while another 100

are ready to close businesses.

The Aptma leader dispelled the impression created by Finance Minister Ishaq Dar that the textile industry’s demands had been met by the government, saying what the government had offered fulOilled the demands having least Oinancial impact. Aptma group leader Gohar Ejaz told media it was ironical that the government had yet to appoint a textiles minister as the industry had run from pillar to post for redressal of its grievances.

Meanwhile, The textile millers have severely criticised the Sui Northern Gas Pipeline Limited’s (SNGPL) decision of disconnecting gas supply to the industry and warned against massive unemployment after implementation of the decision. The All Pakistan Textile Mills Association (APTMA) Punjab chairman, addressing a press conference, said that gas supply to the

textile mills in Punjab was 25 per cent in November, which reduced to 17 per cent in last week of November and now they have issued a letter of zero gas supply. He pointed out that the actual gas consumption of textile industry in the province is equal to 60 MMCFD, which is 5 per cent of 1,200 MMCFD. He said that already 200,000 textile workers have lost jobs in last Oive years and after implementation of the decision, the workers would not be able to run their kitchens. He also criticised the government for 40% reduction in cotton crop, saying that there was no proper research, which has resulted into supply of substandard seed to farmers. “The government has blamed the weather for crop failure instead of conceding its failure,” he deplored and stated that APTMA was paying Rs 700 million annually for research on cottonseed, which is of no use.

purposes. However, he stressed the need to concentrate on prudent use of electricity and said that most of the electrical gadgets imported from China are sub-standard. They are not energy efOicient; he said and claimed that by improving the quality of these products, we can save 25-30 percent of electricity. He told that PCSIR has inked agreements with four fan companies of Gujrat to market energy efOicient fans from next year. These fans would be marketed with 2,3, 5-star fans. This system will also be applicable to electric motors manufacture in this year. However, it will take another one year to bring refrigerators and air-conditioners under this energy efOicient regime. Responding to another question, he said that most of the LED bulbs used for street lights are also not up to the mark.

They are wasting energy and hence there should be a standardized system for these lights. Earlier in his address of welcome Chaudhary Muhammad Nawaz, President FCCI introduced the Faisalabad and FCCI and said that Faisalabad is earning US$ 6 billion from the textile exports but still it is deprived of the latest textile laboratory.

watseka Chamber planning expo atseka Area Chamber of Commerce will hold its “ Bordertown U.S.A. Business Expo” from 9 a.m. to 3 p.m.

Saturday, March 12, at Watseka Community High School.

Businesses can plan to showcase their firms at a discounted rate by reserving a booth by Jan. 1 by contacting Amanda Hibbs, Chamber executive director, at 815-432-24156 or at the office at 110 S. Third St., Watseka.

The expo is open to Chamber members and nonmembers.

Participants will have the opportunity to win door prizes and Chamber Currency. Entertainment and demonstrations will be held, along with a 50-50 drawing and much more. —CB Report

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Ireland police seize heroin worth €50,000 Friday December 18, 2015

World

LIMERICK: Gardaí have uncovered a controlled substance believed to be heroin worth around €50,000 in Co Limerick.

The seizure was made during an ongoing investigation into organised crime in Limerick.

Gardaí from Henry Street assisted by the Regional Support Unit searched a house in St Mary’s Park on Tuesday evening and discovered the drugs.

They arrested two men, aged 40 and 43, who are being detained at Henry Street Garda Station under Section Two of the Criminal Justice (Drug Trafficking) Act.

malaysian authorities seized uk authorities seize 130kg heroin, cocaine over 1,400 smuggled tortoises LONDON

PETALING JAYA

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ore than 1,400 smuggled tortoises bound for Malaysia have been seized worldwide from July to September this year.

Afghan police seize 392kg of drugs in 2 days olice on Wednesday claimed arresting five people smuggling 392 kilograms of opium and heroin in northern Takhar province.

Takhar police spokesman Maj. Abdul Khalil Aseer told media the drugs including 370kg of heroin and 22kg of opium were confiscated in two days and five persons were arrested in connection with the seizures in Takhar.

He said one of the detainees hailed from Takhar, two from Logar and as many others from Paktia provinces.

The drugs were destined from northeastern Badakhshan province to Kabul, he added.

The police headquarters says since the start of the current year, nearly 60 drug traffickers have been detained in the province.—CB Report

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A report by Paris-based wildlife group Robin Des Bois compiled reports showing that most of these seizures were in India.

Yet these paled to the raid by Madagascar authorities in September, where 771 radiated tortoises headed for Malaysia were found.

It also showed that 125 sea turtles bound for Malaysia were seized.

In Malaysia, the report said that

2,600 turtle eggs were seized in Sandakan that might have come from the Philippines.

It was also mentioned that the organisation bought an Asiatic softshell turtle for RM700 from a market there to save it. The turtle had reportedly been set free in the Kinabatangan Wildlife Sanctuary. The report comes a week after US government agents arrested two Malaysians for smuggling wildlife items there for about a decade. A US Department of Justice statement identiOied them as a male surnamed Ling, 35, and another male, Yeo, 33.

According to a criminal complaint on the case, Ling and Yeo started an online store called Borneo Artifact for this. The complaint said federal agents bought orangutan skulls and other animal parts from the duo before arresting them. Some of the packages were with invoices stating items inside as “crafts for decoration”. The two men face a possible maximum of 20 years in jail and a US$250,000 (RM1mil) Oine.

Dubai police arrest man for smuggling 50kg opium in boat

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n Asian man was arrested for allegedly trying to smuggle 50 kilograms of opium into the country. Col Eid Al Thani, director of Dubai Police’s Anti-Narcotics Department, said that 26-year-old KNA tried to bring in the drugs using a launch boat.

“He took advantage of his position as a sailor and we caught him red-handed putting the bags into a car that the police had planted as part of a sting operation,” he

said, adding that the authorities found nine opium discs weighing about 50kg.

The suspect denied having any knowledge of what the bags contained and claimed an unidentiOied man had tasked him with the job.

The 26-year-old was accused of smuggling drugs and blood tests showed that he was also a drug user.

His case has now been transferred to prosecutors after his arrest in September.—CB Report

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whopping 130 kilos of cocaine and heroin – with a street value of £8million – has been seized at the Eastern Docks in Dover.

The drugs were discovered in the early hours of Friday, December 11, when Border Force ofOicers stopped a Dutch-registered van.

After questioning the driver, Ricardo Augusto Prestes Scerni, 33, ofOicers searched the vehicle discovering the drugs within the load.

Prestes Scerni, a Brazilian national, was arrested and the investigation passed to the National Crime Agency. He was later charged with the attempted importation and appeared before Dover Magistrates Court on Saturday, December 12, where he withheld his plea.

Prestes Scerni was remanded in

custody and will next appear at Canterbury Crown Court on January 4.

Paul Morgan, Director of Border Force South East and Europe, said: “Every year Border Force ofOicers seize Class A drugs worth hundreds of million of pounds. Working with law enforcement colleagues like the NCA we are determined to prevent drug trafOicking and put those responsible behind bars. “This is another example of how our ofOicers have prevented dangerous class A drugs from ending up on the streets of the UK.” Anyone with information about activity they suspect may be linked to smuggling should call the smuggling Hotline on 0800 59 5000.

Meanwhile, Thousands of pounds of cocaine and cash have been seized from a house in Ashton Vale.

Police searched the property in Silbury Road this morning after a tip-off from the local community.

OfOicers found around 300g of suspected cocaine, just over £2,000 in cash and a hydraulic press, all of which have been seized.

France Customs seizes 1,300 counterfeit toys

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ustoms officers have seized nearly 1,300 counterfeit toys in a raid on a post depot in the run up to Christmas.

The toys were a mixture of costumes and dolls, many of which were poor copies of Disney originals that had been made without licence in China.

They also included copies of Pokemon cards and Lego models.

Customs officers from Dax, in the Landes, also confiscated adult presents such as fake jewellery, pyjamas, knock-offs of

Chanel, Burberry, Armani, Adidas and Diesel, mobile phones and trainers and 104 pills of Viagra.

The buyers will not receive the goods and will be informed that their presents have been confiscated.

Some of the toys did not conform to EU health and safety standards and the goods came most from cut-price websites.

Throughout 2015, Bayonne customs has confiscated 67,000 items and usually destroy them through incineration.—CB Report

Hk Customs seizes smuggled cigarettes worth Hk$52m

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HONG KONG

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ntaxed European Union-made cigarettes worth HK$52 million have been conOiscated in Hong Kong during a joint operation between British and Hong Kong customs ofOicials while en route to Greece, a senior ofOicial said this af-

ternoon. The consignment was the city’s largest seizure of dutiable cigarettes over the past few years, according to Superintendent Cecilia Yeung Kai-fei of the Customs and Excise Department’s revenue and general investigation bureau.

“An investigation indicated that the cigarettes were exported from the European Union but were being smuggled back into the European

Union to escape taxes,” she said.

“Such a circuitous route is common, but it’s rare that Hong Kong is used as a stopover.” Yeung said an initial investigation showed the cigarettes were destined for Greece. “It involves a duty potential of 2.87 million Euro dollars if the cigarettes were smuggled into Greece,” she said. In the afternoon, the director of a Hong Kong shipping company was

helping Oield inquiries from customs ofOicers. So far, no one has been arrested locally. Hong Kong customs ofOicials launched an investigation after receiving a tip-off from their British counterparts earlier this month. OfOicers carried out a risk assessment, identiOied two suspicious shipping containers that arrived from the United Arab Emirates on Saturday and Tuesday.

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Ukraine imports to Russia face customs tax MOSCOW: The Russian presidential decree to suspend the implementation of the Commonwealth of Independent States free trade deal in regard to Ukraine means introduction of customs duties in the most favorable regime, Russian First Deputy Economic Development Minister Alexei Likhachev said Wednesday. Earlier in the day, Russian President Vladimir Putin signed the decree suspending the free trade zone with Ukraine starting January 1, 2016. “Yes, of course,” Likhachev told RIA Novosti when asked whether the customs duties would be introduced. Russia has repeatedly expressed concern over Ukraine’s free trade deal with the European Union, stating this could lead to an uncontrolled flow of European goods into the Russian market.

iron ore shipments decrease sharply in Nov 2015 ron ore shipments on the Great Lakes continue their seasonal decline, with shipments down sharply in November.

At nearly 5 million tons, November shipments of iron ore were 17 percent below those in November 2014. And when compared to November’s fiveyear average, shipments were down 12 percent, according to the Lake Carriers’ Association.

A total of 4.2 million tons of iron ore were loaded at U.S. ports in November, a decrease of about 22 percent compared to a year ago. However, at 710,000 tons, shipments from Canadian ports increased 29 percent.

Through November, the lakes and seaway ore trade reached 49.3 million tons, down 7 percent compared to the same point in the 2014 shipping season and the five-year average. Seasonto-date loadings at U.S. ports are down 11 percent from last year, while shipments from Canadian ports are up 29 percent. The Lake Carriers’ Association represents 15 American companies that operate 56 U.S.-flag vessels on the Great Lakes.—CB Report

Ports & Shipping

exports top imports at port of indiana-Burns Harbor

he ports of Antwerp and Guangzhou are to collaborate even more closely under the terms of a twinning agreement signed on Thursday 10 December in the Chinese port city. Antwerp, the second-largest port in Europe, and Guangzhou, number 8 in the world, have long had a close relationship with each other.

Already in 2010 Guangzhou signed an agreement with APEC, the port of Antwerp training centre, under which various groups of shipping professionals from the port of Guangzhou have attended courses at APEC.—CB Report

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Container cargo volume growth through uS ports to slow in 2016 ontainer traffic will continue to grow, but at a slower rate, underpinning a stable outlook for U.S. ports, Moody’s Investors Service says in a report. Container cargo volume growth through U.S. ports will slow in 2016 as demand for American exports remains weak and U.S. retailers work through high inventories, according to a report by Moody’s Investors Service.

Moody’s said it expects container volume will rise 3% to 4% next year, down from 5% growth this year.

The strong growth in 2015 was due in part to a large influx of container cargo after West Coast dockworkers reached terms of a multi-year contract with their port employers in late February.

During the months-long negotiation process, which began in May of 2014, the West Coast ports experienced periods of excessive delays with cargo ships waiting to enter the ports of Los Angeles and Long Beach for weeks.

“The growth this year was inflated by the port gridlock and then the unwinding of that, which has really driven up inventories in the U.S.,” said Moses Kopmar, a Moody’s analyst and author of the report. Retailers attributed the lack of a traditional peak shipping season this fall to that excess inventory, but an industry group predicted this week that retail shipping would end the year.

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Antwerp port signs twinning agreement with guangzhou

Friday December 18, 2015

PORTAGE

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xports topped imports at the Port of Indiana-Burns Harbor for the Oirst time in several months as the Great Lakes shipping season wound down. “We saw increased exports of grain and other bulk products moving to Quebec in recent shipments,” Port Director Rick Heimann said.

“Quebec is a key trading partner for us because that region serves as a gateway to the Great Lakes in a similar way that our port serves as a

gateway to the U.S. Midwest and the inland waterway system.” The deepwater port on Lake Michigan recently entered into a pact with Quebec to boost shipping even further, after a 30 percent increase in trade between the two over the last Oive years. “Grain from midwestern farms can be shipped on Great Lakes vessels from our port to Quebec and loaded onto larger ocean vessels for trans-Atlantic shipments,” Heimann said. “Developing these types of regional partnerships is vital to realizing the full potential of the Great Lakes-St. Lawrence Seaway System.”

Year-to-date cargo shipments on the St. Lawrence Seaway are down 11 percent from 32 million metric tons

last year to 30 million metric tons this year, and iron ore – a key input for domestic steelmaking – dropped 7 percent. Grain shipments however are up 11 percent, explaining the export boom the Port of IndianaBurns Harbor has seen, since it usually receives imported steel or brewery tanks or windmill blades and sends the ships back out with exported grain. “Agricultural commodities along with dry bulk, general cargo and containerized goods continued to enhance cargo tonnage on the Great Lakes-St. Lawrence Seaway System during the month of November,” said Betty Sutton, administrator of the Saint Lawrence Seaway Development Corp.

1.57m tonnes of goods pass through Tallinn port

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TALLINN

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ltogether 1.57 million tons of goods passed through the ports of Estonia’s state-owned Port of Tallinn during November 2015, 0.7 million tons or 30.8% less than in the same month last year.

The amount handled by ports in the Oirst 11 months of the year was 20.8 million tons, 19.7% less than in January-November a year ago.

Bulk cargoes, totaling 286,000

tons, and liquid cargoes, totaling 725,200 tons, saw reductions by 98,700 tons and 626,000 tons, respectively. The number of containers passing through the port dropped by 5,659 TEU to 15,282 TEU and the amount of goods transported in containers was down by 34,500 tons to 136,500 tons. Of bulk cargoes 40,100 tons was handled, 8,400 tons less than in November 2014. An increase took place in rolling stock – by 32,000 tons to 378,000 tons. The ports received 127 visits by freight ships in No-

vember and 1,544 during the Oirst 11 months of the year.

Meanwhile, The Port of Prince Rupert is strengthening the foundations of early learning in the community with its latest Community Investment Fund contribution.

With a $9,000 contribution from the Fund, the Prince Rupert Growing Space Society was able to replace its supply of play mats. The centre’s Oloors, well-worn due to the centre’s popularity, require an extra layer of padding to ensure children have a safe landing for in-

evitable trip-ups.

The Society welcomes more than 200 visitors a week to its Ocean Centre Mall location, where they learn new skills by using the indoor playground, crafting area, and diverse collection of toys and books.

“We were able to replace the mats we purchased more than seven years ago with more durable, safer Olooring that will meet the needs of children in the community for many years to come,” said Elizabeth Melanson, President of the Prince Rupert Growing Space Society.

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Sialkot ASO seizes non-duty paid vehicle during routine search SIALKOT: The Anti-Smuggling Organization (ASO) Sialkot has seized a non-duty paid Mitsubihsi Pajero worth Rs 600,000 in the market.

Sources told Customs Today that the ASO team intercepted the vehicle near GT Road Sialkot.

When the ASO team asked the driver to produce legal proof of the ownership, he failed to provide necessary documents.

Thee ASO team impounded the vehicle and registered a case against the suspect.

Friday, December 18, 2015

CUSTOMS BULLETIN

Chief Collector rozi khan to supervise promotion committee in Central region LAHORE m HAYAT

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he Federal Board of Revenue (FBR) has constituted Departmental Selection Promotion Committees under the chairmanship of Customs-North Chief Collector Razi Khan Burki, to supervise the promotions in the Pakistan Customs by the notiOied committees.

Sources told Customs Today that the FBR had assigned him the task of supervision in customs from grade BS-1 to BS-15 in the Central region. Chief Collector Rozi Khan Burki would supervise promotions in Model Customs Collectorate Appraisement, Preventive Lahore, Sialkot, Multan, Directorate General of Internal Audit, Customs Valuation, IOCO (North), Training and Research and the Post Clearance Audit (PCA) Lahore.

Meanwhile, The Anti-Smuggling Organization of the Customs Preventive has recovered non-customs paid goods worth Rs 85 million, ofOicial sources told Customs Today.

According to details, on information by Collector Customs Mukarram Jah, the Anti-Smuggling Organisation Lahore under

the supervision of Muhammad Adnan Khan , assistant collector, Mumtaz Ajmal Mian superintendent, Saleem Akhtar, Mazhar Ab-

bas Butter, Ejaz Rasool Shah deputy superintendent and Khalid Butt, Irfan Mumtaz, Arif Mayo, Sajjad Bukhari, Amjad Khan, Hameed

Bhatti, Shahid Khan inspectors and other Custom staff raided a godown in Bilal Gunj and recovered slightly used 12,000 smug-

gled tyres of assorted size and brands and 300 alloy rims. The godown is allegedly owned by Nomi and Azeem.

Hyderabad Customs Fiu seizes mitsubishi pajero during operation HYDERABAD

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he Customs Intelligence and Investigation FIU Hyderabad has seized a smuggled Pajero Mitsubishi. The market value of seized vehicle is Rs 1.5 million involving duty tax amounting to Rs 10,32,360 during during operation.

Sources told Customs Today directorate customs intelligence and

investigation deputy director Mohammad Tayyab received credible information about non duty paid a vehicles.

Soon after receiving the tip of he constituted a raiding team under the supervision of deputy superintendent Sikander Hayat Khanzada which includes seizing ofOicer inspector Irfan Ghani sepoys Moin Ahmed, Khan Muhammad, Imran Azam Ali driver Rao Abdul Sattar, Hanif Somroo and other staff took part in the operation.

The team intercepted Pajero bearing registeration number BC-

0631. According to the the team asked persons to provide legal documents regarding possession of the vehicle but he failed to provide the same. After their failure customs team seized the vehicle and registered a case against the owner. Meanwhile, The customs intelligence Oield investigation unit Hyderabad has seized smuggled vehicles, tiles, goods items worth Rs 19.5 million. The goods also involves duty and taxes amounting to Rs 14.2 million. The items were impounded from August upto November 2015. Sources told Customs Today, that customs intelli-

gence and investigation conducted various operations against the smuggled goods and vehicles in different areas of Hyderabad Sources said that deputy director FIU Muhammad Tayyab received credible information about different smuggling activities. Soon after receiving the tip of he constituted a raiding team.

The team was comprising of deputy superintendent Sikander Hayat Khanzada, inspector Irfan Ghani, inspector Noor Muhammad Shah, inspector Yawar Abbas and other staff participated in the operation and recovered ve-

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