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pAkIStAN’S fIrSt INDeptH NewSpAper oN cuStoMS

Daily

Vol 1 Issue No. 227

Karachi, Sat November 7, 2015

ISLAMABAD

SHAHID MINHAS

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he Model Customs Collectorate collected Rs 424.81 million in term of customs duty during the first four months of current financial year 2015-16. According to the details, Is-

lamabad Customs had collected Rs 545.21 million during same corresponding period of last year 2014-15.

The figure shows 28 percent decline in collection of customs duty than the previous year.

Moreover, during same period of 2015, Rawalpindi Customs collected Rs 887.39 million in wake of customs duty, while it had

Price Rs. 14.00

collected Rs 1.421 billion in same period of last year which shows 45 percent decline.

On the other hand, Peshawar Customs collected Rs 2.246 billion in terms of customs duty during four months of current Rinancial years, while it had collected Rs 1.773 billion during the same period of last year 2014.

Sialkot Customs collects Rs 23 million as customs duty in October

Customs seizes smuggled goods, vehicles of Rs 43.34 million in October

Pakistan set to get $502 million from International Monetary Fund

Collector Sarfraz seeks traders cooperation in achieving revenue target

‘Establishment of well-equipped dry port in Peshawar to raise trade’

The Model Customs Collectorate Sialkot has collected Rs 23 million under the head | See pAge 02 |

Customs Intelligence Multan Range seized smuggled goods and vehicles Rs 43.34m | See pAge 03 |

Dar said yesterday the IMF would approve $502 million tranche of loan | See pAge 04 |

The FBR set the huge collection target of almost Rs 50 billion for MCC Multan, | See pAge 12 |

Pakistan Customs, Railways and National Logistics Cell NLC must develop KP. | See pAge 09 |

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Sialkot ASO confiscates smuggled soaps, shampoos Saturday, November 7, 2015

National

SIALKOT: The Customs Anti-Smuggling Organization (ASO) Sialkot seized foreign origin soaps, shampoos and other items worth Rs 500,000.

Sources told Customs Today that the ASO officials intercepted a passenger bus on GT Road coming from Peshawar and recovered smuggled items, which have been confiscated under the customs laws. Source said that the campaign against smuggling was continued in full swing. They added, “We are striving to curb the menace of smuggling in the region in order to save the national kitty and local business communities by adopting effective strategies.”

Sialkot customs collects rs 23 million as customs duty in october

KARACHI

SIALKOT

AftAB cHANNA

guLZAr AHMeD

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ith an aim to facilitate exporters in obtaining their electronic E-Forms (from authorized banks), an intervening period has been allowed during which they (exporters) can file requisite applications using their secured WeBOC login/password.

The official sources told Customs Today that the Electronic E-form facility has been introduced in WeBOC with effect from November 2, 2015.

Thereafter, all exports through WeBOC that take place on or after November 11, must have Electronic E-form attached to their respective export Goods Declaration (GD), sources added. Therefore, the exporters have been instructed to immediately apply to their bank for Electronic E-Form (through WeBOC) so that there is no delay in shipments, sources said.

“This message is sent with the request to avoid any last minute problem with your export consignments. For further details, see SBP Form E Circular 10 of 2015 in Exchange Policy Department, Section of website of State Bank of Pakistan”, sources adds.

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he Model Customs Collectorate Sialkot has collected Rs 23 million under the head of custom duty in October, 2015 showing 45 percent increase over the same period of last year.

As per details, the Sialkot Customs had collected Rs 15 million during October of last year 2014.

OfRicials told Customs Today that collectorate was striving to surpass the revenue collection target under all heads including income tax, sales tax, federal excise duty and others.

Newly appointed Collector Ahmed Reza Khan has directed the ofRicials to make ensure the collection of taxes more than the assigned target, besides curbing the smuggling in the region. He also appreciated the ofRicials over achieving more revenue than last year.

The Customs Anti-Smuggling Organization (ASO) Sialkot has seized the 300 kilograms of foreign origin smuggled black tea worth Rs 100,000 during an operation.

As per details, the ASO team following credible information received through Model Customs Collectorate Sialkot Collector Ahmad Reza regarding the storage of smuggled black tea, conducted raid in its jurisdiction. The ASO

customs allows intervening period to obtain e-form by using weBoc ID

team raided a warehouse and recovered sacks filled with black tea on which it asked the owner of the warehouse to produce the docu-

ments showing legal import of the item but he remained failed, therefore, the customs officials confiscated the items under the customs

law. The officials said that case has been registered against the accused, while further investigation is underway. in this regard.

fBr’s transfers, postings orders fall on ‘deaf ears’ KARACHI

AftAB cHANNA

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hough the Federal Board of Revenue (FBR) instructed Chief Collector Customs to implement transfer and posting orders, the ofRicial both at higher and lower grades are seemed reluctant to relinquish charge and join new responsi-

bilities. Recently, the FBR made transfer and postings in Model Customs Collectorate Appraisement East and West, however the ofRicial who have strong backing are not ready to leave the charge and join new assignments, sources conRided to Customs Today.

For instance, Khalil Ibrahim Yousfani, Additional Collector, MCC Appraisement East did not obey the orders of FBR and still holding the charge.

While, on the other hand, Muhammad Faisal, Deputy Collector left the post and report to FBR’s Legal Wing for

new posting, sources added. Ironically, Chief Collector Appraisement South Abdul Rasheed Sheikh made large scale reshufRling within the clerical staff with immediate effect and until further orders. However, the lower ofRicials even are not ready to relinquish the charge and join new assignment. The assistant secretary, data entry operators, upper and lower division clerks who were transferred from MCC Appraisement East and West were not using their sources for cancellation of their transfers.

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Kasur Excise impounds 85 unregistered, defaulter vehicles LAHORE: The Excise and Taxation Department has started crackdown against token tax defaulter and unregistered vehicles in the district as it impounded 85 vehicles.

According to Excise and Taxation Officer Malik Muhammad Aslam, special teams have been formed for the recovery of token tax from defaulters. These teams under the supervision of ETO Malik Aslam checked documents of hundreds of vehicles in city Kasur, Khudian Khas, Chunian and Kangan Pur. Excise district police has also seized a dumper truck on fake number plate. Malik Aslam told Customs Today that Kasur region has impounded 325 unregistered and 587 token tax defaulter vehicles during October 2015.

faisalabad HQ deputy collector reshuffles three employees

Saturday November 7, 2015

National

customs seizes smuggled goods, vehicles worth rs 43.34m in oct

FAISALABAD

NAeeM SHeIkH

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he Faisalabad Customs, headquarters Deputy Collector (DC), Pirzada Muhammad Omar Qasmi has reshuffled three Customs employees with immediately effect. According to details, Muhammad Aslam (Driver) has been transfer from Deputy Collector (DC), (AFU), to duty charge as a driver with Model customs Collectorate (MCC), Faisalabad. Dilawar Hussain (Driver) has been reshuffled from Deputy Collector (D.C) head quarter to Deputy Collector (D.C), Import Branch. Mukhtar Ahmad Sepoy has been Transferred from Anti Smuggling Organization (ASO), Faisalabad to Model Customs Collectorate (MCC), Main Security gate.

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rto-II to start stock taking of 10 companies LAHORE

MuHAMMAD NAwAZ www.customsbulletin.com

he Regional Tax Office two (RTO-II) of the Federal Board of Revenue (FBR) has started stock taking of 10 companies after facing shortfall in sales tax. Chief Commissioner RTO-II Rukhsana Yasmeen constituted teams under the supervision of deputy commissioners for stocks taking. Teams start going on the site for physical verification of companies who paid less taxes in the current Financial Year (FY) from the previous years. Source told Customs Today that RTO-II has decided stock taking of ten cases has been selected for stock taking after facing short fall in sales tax. Chief Commissioner formulated teams in every zone for the stock taking.Meanwhile, The Regional Tax Office (RTO-I) of the Federal Board of Revenue (FBR) has released the bank accounts of Hudebia Engineering in Rs 6.5 million tax evasion case.

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MULTAN

IMrAN ALI

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irectorate of Customs Intelligence and Investigation Multan Range seized smuggled goods and vehicles valuing Rs 43.34 million in 12 seizures during the month of October in the on-going Riscal year 2015-16.

Customs Intelligence and Investigations made 12 seizure cases in the month of October include two, seven, and three from Multan, Dera Ghazi Khan and Sadiqabad respectively. Two seizure cases of Rs 12.6 million formed in Multan including high speed diesel and miscellaneous goods including silk cloth, parachute cloth and tyres from Multan. The net value of seized vehicle in Multan is Rs 4 million.

About Rs 26.74 million of goods and vehicles were seized in seven different seizures made by Field Intelligence Unit of Dera Ghazi Khan Customs Intelligence and Investigation in the month of October.Customs Intelligence and Investigation teams captured smuggled goods of Rs.26.74 which involves duty tax of Rs 16.10 million in November.

Customs teams have taken actions and formed three different cases in Sadiqabad area with the assistance of Sadiqabad, Faisalabad Intelligence unit. During the month of October Customs seized smuggled goods and vehicles of Rs 4 million which involved duty tax of Rs 3.25

million from Sadiqabad region.

Additional Director Customs Intelligence and Investigation Nisar Ahmad said that operation against smugglers was continuing with full vigour in collaboration with law enforcement agencies. Talking to Customs Today Nisar Ahmad told that new tactics against smugglers are working in order to curtail smuggling in the South Punjab due to effective vigilance and actions against smugglers will continue to eliminate menace of smuggling.

customs Intelligence and Investigations made 12 seizure cases in the month of october include two, seven, and three from Multan, Dera ghazi khan and Sadiqabad respectively.

tribunal disposes of euro Duty free Shop case LAHORE

MuHAMMAD NAwAZ www.customsbulletin.com

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he Customs Appellate Tribunal (CAT) has disposed of Euro Duty Free Shop Limited case. The tribunal remanded the case back to the adjudication with the directions of fresh speaking order in according with the law in

60 days. As per details, the appellant had Riled the case in the customs appellate tribunal on grounds that the customs collector levied an illegal tax on him. The counsel for the appellant argued that his client has sold baggage items such as spare parts, tyers, alloy rims, circuit breakers, buttons magnet conductors’ safety points and paid the tax liability, besides payment of duties payable. However, the department charged him Rs 6.898 million tax and also accused him of the violat-

ing the baggage rules 2006.

He added that the owner of Euro Duty Free Shop Limited paid all taxes, and that the order passed by the the adjudication authority is oppressive, illegal and without its jurisdiction.

The customs counsel denied all allegation by the appellant. The Member/Chairman customs appellate tribunal Ghulam Murtaza sent the case back to the adjudication authority for fresh order after hearing the stance of both parties.

Meanwhile, Directorate of Customs Intelligence and Investigation seized miscellaneous goods, including 500 tyres of the light trafRic vehicles and heavy trafRic vehicles loaded on the truck. Customs Intelligence and Investigation staff also recovered imported parachute cloth of 3250 kilogram during the action against the smuggled goods. A huge quantities of welding rods were also found in the miscellaneous goods.

The weight of the smuggled rods was 2800 kilograms.

customs recovers 600g amphetamine he Model Customs Collectorate (MCC) Preventive has recovered amphetamine crystal worth Rs 6 million. As per details, the staff of drug enforcement staff of customs Preventive intercepted a passenger and recovered amphetamine 600 grams (crystal) during checking. The passenger identified as Nisar Ahmed Mohal from Khairpur was carrying drugs to S Arabia. —CB Report

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Pakistan accepts Chinese aid for quake victims Saturday, November 7, 2015

Business

ISLAMAbAD: Pakistan accepted aid from China for victims of last week’s earthquake despite stating earlier that it would not accept any foreign assistance. Chinese Ambassador Sun Weidong handed over a consignment of tents, blankets and generators for the victims to Information Minister Parvaiz Rashid at benazir bhutto International Airport. The ambassador expressed sorrow for the destruction and loss of lives and praised Pakistan for its fast response. His government was determined to stand by Pakistan and support its efforts, he said.

kSe witnesses mix trend; ends in negative zone at 34440pts KARACHI

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he stocks Friday witnessed both upward and downward trends in trading, however, it shed 14.52 points to close at 34440.07 points level.

The total volume of market remained 331,740,633 shares, having Rs14,687,458,837. Out of total 341 companies, 166 remained up, 153 down and 22 remained unchanged.

Pakistan’s onion exports reach $220m in 2015 LAHORE

cuStoMS BuLLetIN report

Real Estate Investment and Services was the top traded sector with total traded volume of 28,139,500 (19.6%) shares. It was followed by

civil society steps up protest against metro route

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nion exports have increased nearly twofold in the ongoing year as product worth at least USD 220 million has been exported.

Pakistan has produced record onion yield in 2015. On the other hand, relatively lower production in neighbouring India has benefited Pakistan a lot. Demand for Pakistanproduced onions has increased in the international market.

Pakistan’s export total has reached above five lac ton.

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chemical with a total traded volume of 22,005,500 (15.3%) shares.

The three top traded companies were TRG Pak Ltd with a volume of

37,270,000 and price per share of 42.72 (1.11), Descon Oxychem(R) with a volume 33,686,000 of price per share of 0.85 (0.84), K-Electric Ltd. with a volume 28,837,500 of price per share of 7.92 (0.18).

The top three advancers were Pace (Pak) Ltd. with price per share 2.98 (-54), PTCLA with price per share of 18.57 (-63) and DGK CementXD share of 52.3 (53).

The top three decliners were Pak Services with price per share of 151.84 (0), Bata (Pak) Limited with price per share of 1460 (40.67) and Bhanero Tex.XD per share of 215 (0).

LAHORE

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ivil society activists staged on Thursday a demonstration at the GPO intersection demanding the issuance of a notiRication that none of the historical buildings or city heritage sites would be affected due to the construction of Lahore Orange Line Metro project.

“We pay thanks to Prime Minister Nawaz Sharif and Chief Minister Shahbaz Sharif for taking notice of our protest, assuring the civil society and public at large that none of the historical site or heritage site would be demolished, partially or completely, because of the project,” Lahore Batchao Tehreek (LBT) chief Imrana Tiwana told Dawn at the protest scene. “We demand the construction be carried out through tunnel technology that was earlier approved in the light of a study by the Japan International Cooperation Agency,” Ms Tiwana said.

About importance of the GPO, Lahore Conservation Society information secretary Dr Ajaz Anwar said the building was constructed in the British era in 1880s and then engineers had used four-inch bricks in the building for the Rirst time. He said since a clock tower was also built at the building, the GPO was considered to be the biggest facility from Peshawar to Delhi of then Punjab till 1911. He said a Rivefoot portion of the GPO veranda had reportedly been marked for demolition, the digging work on the road would hamper the foundations/structure of the GPO building.

pakistan set to get $502 million from IMf ISLAMABAD

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inance Minister Ishaq Dar said yesterday the IMF would approve $502 million tranche of loan for Pakistan in December, though the country’s economic performance did not remain very impressive. The minister was talking after the representatives of Pakistan and the International Monetary Fund (IMF) concluded the 9th review under extended fund facility during the meetings that continued from October 26 to November 5.

"The 9th IMF's review has been successfully concluded," said Dar told a press conference along with IMF mission chief Harald Finger. He said that talks were supposed to end today (Friday) but they completed it on Thursday, as there was lot of misconception regarding these talks in media. The minister, of a government which was voted into power on the promise of breaking the begging bowl, said that Pakistan has completed ninth IMF review for the first time, as if success in getting loan was a great feat. Dar said that executive board of the IMF would meet on December 14 or 15 to approve $502 million for Pakistan.

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NAB, cDA officials discuss measures to curb corruption ISLAMABAD

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ational Accountability Bureau (NAB) Acting Chairman Muhammad Imtiaz Tajwar, who is President of the Prevention Committee, Thursday chaired a meeting to discuss more measures to curb corruption.

The meeting was also attended

by NAB (A&P) Director General

Vice President along with representatives from ICT, Capital Development Authority (CDA) and Cooperative Department, Rawalpindi.

The representative of Cooperative Department, Rawalpindi, ICT and CDA gave presentation on steps taken for addressing concerns of public regarding matters related to cooperative and housing societies etc. Weaknesses in the system were also identified and input/suggestions were shared by all members

to revamp existing procedures and rules in order to ease public problems at their doorsteps. The meeting was informed that to facilitate public, One Window Operation facility was established by ICT Administration with main objective to reduce and streamline public interaction with public office holders and reduce opportunities of bribe and alleged corruption. It was decided that since One Window Operation facility was established by

ICT Administration in January 2015 which may be visited by DG (A&P) NAB to get first hand information on performance of the facility which was established by ICT Administration in January 2015 and suggest measure to further improve its performance if there is any deficiency. Acting Chairman NAB desired a detailed presentation from CDA, ICT and Cooperative Department, Rawalpindi in next meeting regarding implemen-

tation status of various judgments passed by Supreme Court, Islamabad High Court and other respective Courts regarding Cooperative Societies and Housing Societies comes under the jurisdiction of ICT, CDA and Rawalpindi. It is pertinent to mention here that NAB under section 33C of NAO has mandate to carry out state functions for reformation and elimination of corruption and corrupt practices from the government departments.

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ISLAMABAD

M fAIZAN www.customsbulletin.com

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n order to maintain good reputation of department and eliminate corrupt elements, the Federal Board of Revenue (FBR) is trying to appoint honest and hardworking chief collectors, chief commissioners, collectors and commissioners.

FBR Administration Member Shahid Hussain Jatoi expressed the determination in an interview withCustoms Today, adding that corruption has been reduced through implementation of institutional framework to promote probity, accountability and transparency in FBR. The performance of the all officials was improving over time due to strict measures taken by FBR during last two years, he said, adding that “we are striving to ensure the discipline in the department and our team members have to follow the rules and regulations to make FBR a prestigious institution of Pakistan.�

Jatoi said that number of high officials and lower rank employees have been prosecuted following the charges of corruption, while number of investigations in this regard were

underway. He added that admin wing was effectively and whole heartedly implementing the policy of zero tolerance against corruption and in this regard swift action on complaints against the officers/officials were taken without any delay.

The aim of strict measures was to contain corruption, which is now under control for last two years as no any mega scandal has been observed in both customs and Inland Revenue, he added. He said that department was closely monitoring the cases regarding the administrative matters in courts. He said that FBR Chairman Tariq Bajwa wanted to make FBR a department of international standards; therefore, he fully supported the implementation of reward and punishment systems and elimination of favouritism culture.

The cases like unexplained leave, unauthorised absence, non-filing of returns and assets declarations by FBR officers were being dealt with strictly as 1,280 officers have been suspended so far for not filing their returns, Jatoi said.

The FBR administration discourages ex-

ternal pressure to influence transfer and p ing as it was made through the process of c sultation by the committee headed by the F chairman with other members concerned added. Talking about performance allowan Jatoi said that the department only encourage officials who h performed well to increase the collection and performa allowance will only be sued to eligible o cers.

r oi says fB n t a J d i h a Sh ajwa wa B q i r a t n chairma r a department fB to make al standard, so on internati ly supports ful ew ation of r t n e m e l imp tem ment sys ri h s i n u p u and n of favo o i t a n i m eli culture

postconFBR d, he nce, will have e tax ance e isoffi-

nts t of o he

ward ms and itism

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Saturday, November 7, 2015

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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

want of stimulation package

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he government needs to introduce a stimulation package to spur economic activities in the country as the nation is heading toward financial crisis in a couple years when it will start repayment of loans to the international donor agencies. Besides, the country has been witnessing an education revolution for the last one decade as the government, private and public sector universities are producing thousands of graduates every year and they need placement. It seems financial crisis as well as unemployment are going to emerge as major challenges for the next government. The security situation has significantly improved after the army operations in the tribal areas and elsewhere in the country. The latest statistics indicate decline in terrorism-related incidents by 70 percent since the operation started last year. The country has though gained economic stability to some extent, but fact remains that the borrowed money will have negative repercussions on the national economy in years to come.

However, the government still has the chance to take steps for the revival of the economy. The petty issues like imposition of withholding tax need to be resolved as early as possible by taking the business community into confidence. It is a matter of trust deficit between the government officials and the business community.

Everyone in this country understands the level of corruption and presence of black sheep in every government department. Everyone citizen, who has to deal with government departments, has a story of a bitter experience. Therefore, totally relying on the officials with small salary and ultimate authority is illogical. The government should have to introduce a system of check and balance in every government department and misuse of authority should be an offence punishable by law. Only termination from the service should not be deemed sufficient.

Prime Minister Nawaz Sharif has recently told the UN General Assembly that global threat of terrorism cannot be defeated without addressing the underlying causes. Pakistan has made progress on the security front and international institutions as well as investors are keenly observing the emerging situation. The International Monetary Fund extended a $6.2 billion loan in August and praised steady growth in gross domestic product, projecting 4.5 percent growth for the next year. However, the growth is attributed to macroeconomic stability, low oil prices, planned improvements in the domestic energy supply and investment related to the ChinaPakistan Economic Corridor. Inflation has also been within limits for the last one year.

Islamization of banking system T

LAHORE

Dr AftAB AfZAL

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he banking system in Pakistan is another legacy of the colonial era, which is often in direct conflict with the teaching of Islam. It is a matter of faith to change the prevailing financial system which is based on capitalism and exploitation.

Various efforts have been made since the inception of Pakistan to introduce Islamic banking in the country and phase out the interest-based financial module.

According to the latest statistics appearing in the media, the overallshare of bank deposits under the Islamic banking system has grown to 12.8 percent

this year, thanks to the best efforts of the State Bank of Pakistan (SBP), which it is doing for the last over one decadefor the promotion and developmentof the Islamic banking in the country. The bank has achieved the cumulative average growth rate of over 50 percent during the last 12 years. At the moment, atleast two dozens banks are offering Islamic financing under the supervision of the Shariah Board of the State Bank.

The State Bank is also consulting various financial institutions in the Islamic world to get a cue for the promotion of Islamic banking in the country.

However, every country has its own social and cultural environment and Pakistan needs to in-

troduce a system based on justice and fair play, strictly in accordance with the injunctions of Islam. The current banking system has various anomalies and it is strictly based on the exploitation of the account holders. The methods of offering loans are also marred by anomalies as the large amounts of loans are offered to politically influential people who seldom care to return the money while the small loans recipients have to return the money with adequate markups. One of the biggest anomaly is one has to pay certain tax while depositing the money in other than the personal account. The Islamic banking means not only to safeguard the interests of the bank, but

also of the account holders.

The present government had constituted a steering committee after coming to power in 2013 which took several initiatives for the promotion of Islamic banking, establishment of A separate Islamic Finance Department at Security and Exchange Commission of Pakistan.

It is hoped that the share of Islamic banking will grow to 20 percent by the year 2020 and after which the Islamic banking will build a momentum to achieve faster growth. Though the SBP has developed a regulatory and supervisory framework to follow rulings of the Shariah Board, training of the workforce and structure of the system is also necessary.

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Iran imports 19,700 tonnes of products from US in H1 of 2015 TEHRAN: Iran imported 19,700 tons of products worth over $37 million from the U.S. in the first half of 2015, according to the Trade Promotion Organization of Iran (TPOI). The TPOI released a list of 119 products, mostly consisting of chemical raw materials, medicine, medical equipments and some other goods that are not produced in Iran, according to the IRNA news agency. The Iran-U.S. trade totaled $182.1 million in 2014, with one hundred percent of the sum related to the U.S. exports to Iran. The value of trade between Iran and the U.S. dropped 42 percent in 2014 from 2013. On October 31, Iranian Industry, Mining, and Trade Minister Mohammadreza Ne’matzadeh said the ministry’s strategy is to ban imports of consumer goods from the U.S. The ministry’s strategy is to promote domestic production and to curb imports of foreign goods, especially from the U.S, he added.

payment of export refund claims to boost morale of exporters: SM Munir hief Executive Officer (CEO) of Trade Development Authority Pakistan (TDAP) SM Munir has stressed the need for making payment of all the pending export refund claims to encourage exporters.

While speaking at a ceremony organized in his honour by All Pakistan Bed Sheets and Upholstery Manufactur-

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ers Association (APBUMA), he said that export refund claims worth Rs 225 billion were pending and added that full payment of refund claims would boost morale of the exporters and provide them breathing space to be more active to enhance exports up to the full potential.

He also underlined the need for bringing down the import duty on machinery and ensuring uninterrupted power supply to keep the industrial wheel in motion. TDAP CEO said that quality of Pakistani products like bed sheets, pillow covers and others was improving.

He said that despite no cooperation from Indian government, Indian people and business community extended full cooperation on the eve of last ‘Made in Pakistan’ exhibition held in India. He said that TDAP annual budget was only Rs 1.3 billion and Rs 65 million is spent on salaries and other expenses. However, despite financial constraints, TDAP organized 118 industrial and trade exhibitions while providing 30-40 per cent subsidy to companies.—CB Report

Saturday November 7, 2015

Chambers

well-equipped dry port in peshawar to raise trade volume: Zulfiqar Ali P

PESHAWAR

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akistan Customs, Railways and National Logistics Cell (NLC) must develop a well-organised dry port in Peshawar to increase trade volume through Afghan Transit Trade and to facilitate the traders of Khyber Pakhtunkhwa (KP).

This was suggested by KP Chamber of Commerce and Industry President ZulRiqar Ali Khan while giving an interview to Customs Today.

Khan also urged the Federal Board of Revenue to clear the refunds on a priority basis in order to arrest the declining trade volume.

Policies of the federal government towards KP were discriminatory, as not a single major project had been introduced in the province by it, he said, adding that groundbreaking ceremonies of different projects were being held in Punjab, which showed priorities of the Centre as well its discrimination against smaller provinces.

The lawmakers of the National Assembly should develop “nationaloriented” policies instead of focusing on the province from where they

belong to, he said, adding that the government should formulate policies to improve performance of Pakistan Steel Mills, Pakistan State Oil (PSO), Pakistan International Airlines (PIA) and other public entities.

The KP-CCI president also criticised the performance of provincial government, which came into power with the slogans to bring change in KP. He said that the prime objective of the provincial government was to topple the federal government instead of giving attention to much deprived part – business community

that generates taxes to run state affairs efRiciently. He said the provincial ministers were found involved in corruption. KP is in a pathetic state, as commercial banks have declared the province a “red zone”, he said, adding that out of the total sanctioned loans, only 2 percent were issued to traders of the province that is strategically very important. Khan said load shedding has crippled the industries and ultimately affected the exports of Pakistan due to which trade deRicit was expanding with every passing day. He said KP has potential to pro-

Chinese businessmen keen to invest in Pakistan

H LAHORE

cuStoMS BuLLetIN report www.customsbulletin.com

ead of the Rive-member Chinese delegation Chao Ni has said that Chinese investors are keen to invest in Pakistan. Economic partnership between the businessmen of the two countries would not only help tap huge potential exists in Pakistan and China but would expedite growth.

He was talking to LCCI President Sheikh Muhammad Arshad and Senior Vice President Almas Hyder.

Members of the Chinese delegation Li Zheng, Zhou Guangyan, Wenhong Zhan, Fan Shengci and LCCI executive committee members also spoke on the occasion. Chao Ni said that China-Pak Economic corridor is an ample proof of China’s seriousness in economic uplift of Pakistan.

He said that both the Pakistan

and China had huge potential to increase the bilateral trade as the existing volume of two-way trade between the two countries is very small when it is compared with the total Chinese business with the world. He said that incentive package and China-Pak Economic Corridor is enough to make the point that China gives top priority to Pakistan in terms of business and trade.

The LCCI president Sheikh Mohammad Arshad said that China is a sincere friend of Pakistan and always extended best cooperation. He said that China is also a very important partner in Pakistan Economic Development and bilateral trade. The involvement of Chinese enterprises, both in terms of Technical and Financial assistance in several development projects is reRlective of our cordial relations based on mutual trust and sincerity. He said that China is one of the largest trading partners of Pakistan

and it is expected that bilateral trade between Pakistan and China will touch the Rigure of $ 15 billion within the next few years. Although Pakistan’s exports to China have been gradually increasing, the trade has always been in favor of China. Sheikh Muhammad Arshad said that due to excellent economic policies of China and the hard work of Chinese leadership, China has become a big economic force in the world. The LCCI president invited the Chinese businessmen to invest in Pakistan in priority sectors including Oil and Gas, Mining, Infrastructure, Power (Coal, Hydel, Gas Based), IT & Telecom, Chemicals (Fertilizer (urea), Glass, PV & Polymers), value added Textile Manufactures, Engineering Goods, Textile Machinery, Electronics, Automotives, Agricultural & Agro based Industry, Pesticides, Cool Chains, Food & Fruit Processing and Packaging, Live Stock & Dairy Farming.

duce 30,000 megawatt electricity through hydroelectric power, which is enough to meet the domestic needs. He added that industrial load of KP is only 165MW. The oil production of Pakistan stood at 50,000 barrels per day that could be doubled through new explorations and technology, he said. Law and order situation is the biggest problem in the province, he said, adding that peace will bring investment, industrialisation and job opportunities to public, besides boosting standard of life. He stressed that government must understand basic facts to ensure sustainable economic development in the province. About 50 percent overseas Pakistanis were from KP who remitted foreign exchange to Pakistan, he said, adding that Pakistan Remittance Initiative (PRI) started by former prime minister Shaukat Aziz has brought positive results and today remittances were over $12 billion per annum. “Remittances can be increased to over $20 billion per annum that would also help to cover the trade deRicit,” Khan said, adding that national manpower exports policy must be developed in consultation with all chambers.

ethiopia buys 800,000t milling wheat he Ethiopian government has purchased about 800,000 tonnes of milling wheat of optional origin in a giant international tender for up to 1 million tonnes, European traders said.

Offers in the tender had been submitted on October 23. Negotiations are continuing and more sales are possible, the traders added.

The purchase involved about 150,000 tonnes at around $233 a tonne, 80,000 tonnes at around $234, 300,000 tonnes at about $243 and 176,000 tonnes at $241.86, all on a c&f basis. About 100,000 tonnes was also believed to have been purchased at $243-$244 a tonne c&f. Origin of the grain was optional but could include wheat from the Black Sea and Baltic Sea regions, the traders said. —CB Report

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Ireland Customs seizes 4.1m cigarettes Saturday November 7, 2015

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DUbLIN: As a result of an intelligence-led operation on Tuesday evening, Revenue officers seized 4.1 million cigarettes with a retail value of more than €2.1 million from a container intercepted on the M1 motorway.The container, which had travelled from bangladesh via Singapore and Rotterdam, arrived into the Dublin Port on Saturday.

The “Wilson” and “Shahara” cigarettes were described on the manifest as “black tea”.

Investigations into this importation are continuing.

This seizure is part of Revenue’s ongoing operations targeting the supply and sale of illegal cigarettes.

customs recovers thousands of smuggled pangolins in china www.customsbulletin.com

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ong Kong Customs yesterday seized around 204 grams of suspected heroin at Lok Ma Chau Control Point and arrested a man. The market value of the drug was about $150,000. Customs officers intercepted an incoming male passenger at Lok Ma Chau Control Point last night and found the drugs inside the plastic bag he was carrying. Upon follow-up investigation, Customs officers searched his residential premises in Siu Sai Wan and further seized some apparatus suspected to be used for inhalation of dangerous drug. The man, aged 24, was charged for one count of trafficking in a dangerous drug and one count of possession of an apparatus fit and intended for inhalation of dangerous drug.—CB Report

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cuStoMS BuLLetIN report

n celebration of the UAE Flag Day, Dubai Customs hoisted the Rlag of the nation at its Headquarters and customs centers. A series of events coincided with the national occasion.

H.E Ahmed Mahboob Musabih, Dubai Customs Director, who joined employees along with Executive Directors, to observe the day, said: “Today marks our deep and instilled love for this land, in tune with the initiative of H.H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to show the true essence of the Emirati people in paying tribute to their nation. It also reminds us of

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Hong kong customs seizes suspected heroin worth $150,000

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DUBAI www.customsbulletin.com

BEIJING

uthorities in China’s Guangdong Province have busted a smuggling ring and conRiscated 2,674 pangolins.

Photos taken on September 14, show dozens of pangolins without their scales, lying on the Rloor inside a Rishing vessel. The police were on an anti-smuggling boat patrol on the Pearl River near Yamen, when suddenly they spotted the suspicious vessel. 414 boxes of frozen pangolins were discovered on it. This is China’s biggest trafRicking case involving the species in recent years.

The authorities arrested two suspects on the boat. According to Xinhua, the two received the shipment of smuggled pangolins in international waters, and were promised 10,000 yuan ($1,580) reward each, if they managed to deliver the pangolins to the predetermined destination. Pangolins are listed as second-class state protected species in China. But despite being ofRicially recognized as endangered, the species is subject to smuggling, as

Dubai customs officials celebrate uAe flag day

their meat is considered a delicacy and their scales are believed to have medicinal qualities.

Meanwhile, Tata Steel Ltd, Europe’s second-largest steel producer, said on Thursday it will press ahead with cost cuts and restructuring to cope with a surge in cheap Chinese exports to Europe and India, its two key markets.

Tata, which posted a surprise 22 percent rise in second-quarter net

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proRit after selling some nonessential holdings, is trying to revive its struggling British operation and has cut thousands of jobs since buying Anglo-Dutch Corus in 2007.

“We have seen huge pressure on (steel) prices ongoing and the strong pound has exasperated the point,” Karl-Ulrich Koehler, CEO of Tata Steel in Europe, told reporters.

“Our focus on cost reductions and restructuring will have to continue.”

Malaysian police seize 46kg of syabu

olice nabbed four people including three Nigerian in a raid from undisclosed location in Puchong last night.

Inspector-General of Police Tan Sri Khalid Abu Bakar in his tweet, said a raiding team comprising Bukit Aman Narcotics Department and Special Tactical Intelligence Narcotics Group (Sting) have also

seized 46kg of syabu. He congratulated the team on their success.

“Congrats STING @PDRMsia, nabbed four people (three of them are Nigerians), and conRiscated 46kg syabu hidden inside handbags in Puchong just now. Go PDRM GO,” Khalid said. Later in his tweet, Khalid also revealed that police have detained 16 people.—CB Report

those who sacriRiced their souls for the loved Rlag.” This day, he said, is celebrated to express our loyalty to the President of the United Arab Emirates H.H Sheikh Khalifa bin Zayed Al Nahyan. “This is the day we raise the Rlag to say a big thank you to the UAE founders and our leaders for the uniRied nation we live in today.” The ceremony was long anticipated by all DC staff and executives who gathered at 12:00pm, the zero hour announced by H.H Sheikh Mohammed for the national Rlag to be raised across all government institutions.

The national anthem was played and 3 customs ofRicers marched towards the Rlag pole and briskly hoisted it; while all employees chanted the national anthem before the nation’s Rlapping Rlag.—CB Report

uS customs intercepts illegal aliens hidden inside motor home

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S Border Patrol agents on Interstate 8 arrested a couple yesterday who had illegal aliens locked in a hidden compartment inside their motor home. At approximately 4:30 p.m., agents initiated a vehicle stop on a 1990 Cruiser Master motor home heading westbound on I-8, near Crestwood Road. A Border Patrol canine alerted to the motor home, which initiated an interior search by agents.

Agents discovered four men locked inside a compartment beneath the frame of a bed.

The men admitted they were illegally present in the U.S. Agents assisted them in exiting the compartment as they were trapped inside.The four men were trapped

in the space and needed assistance to get out.

The 43-year-old male driver and his 51-year-old female companion were arrested for human smuggling.

The four men, who were Mexican nationals, were transported to a nearby station for processing.

The motor home was seized by the U.S. Border Patrol.

This is the second time this week that agents have discovered illegal aliens locked inside a vehicle compartment. A man and woman were arrested on Saturday after agents found two men in their car trunk. In fiscal year 2014, San Diego Sector intercepted 29,911 people for illegal entry into the U.S.—CB Report

tata Steel to press ahead with cuts as china exports bite

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cuStoMS BuLLetIN report www.customsbulletin.com

ata Steel Ltd, Europe’s secondlargest steel producer, said on Thursday it will press ahead with cost cuts and restructuring to cope with a surge in cheap Chinese exports to Europe and India, its two key markets.

Tata, which posted a surprise 22 percent rise in second-quarter net proRit after selling some nonessential holdings, is trying to revive its struggling British operation and has cut thousands of jobs since buying Anglo-Dutch Corus in 2007.

“We have seen huge pressure on (steel) prices ongoing and the strong pound has exasperated the point,” Karl-Ulrich Koehler, CEO of

Tata Steel in Europe, told reporters.

“Our focus on cost reductions and restructuring will have to continue.”

Koehler said Tata would look at all options for its European long products business.

The crisis in Britain’s steel sector escalated last week as Tata Steel blamed its decision to cut British jobs on a Rlood of cheap imports, particularly from China, as well as

tumbling steel prices.

Net proRit at Tata Steel, a division of a hotels-to-automobiles conglomerate, rose to 15.29 billion rupees ($232.9 million) on a consolidated basis in the quarter ended Sept. 30 from 12.54 billion rupees a year earlier. Analysts had forecast a net proRit of 11.8 billion rupees, according to data compiled by Thomson Reuters.

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West Coast ports widen lead on imports NEW YORK: West Coast ports handled more than half of U.S. seaborne imports for the first time in nearly a year, the latest sign that the region has shaken off the effects of last winter’s labor problems.

In September, the Pacific ports handled 50.7% of imports into the U.S., measured by the value of goods, according to a beacon Economics analysis of U.S. Census bureau data. East Coast ports’ share of import cargo fell to 42.6%.

The numbers have reversed since February, when labor negotiations brought major West Coast ports to a virtual standstill, and many shipping lines shifted their routes to stops along the East Coast.

china’s Qingdao port enters towage JV with Svitzer Asia hina’s Qingdao Port International has entered a towage services agreement with Maersk’s towage and salvage arm Svitzer Asia.

The new joint venture, Qingdao Port Svitzer Towage Ltd, established on November 3, will operate and manage towage services in the port.

“Establishing Qingdao Port Svitzer Towage Ltd is part of Svitzer’s ambition to grow in Asia, and will be the first operation of its kind for Svitzer in China,” says Alan Bradley, Svitzer’s Regional Managing Director of Asia. Qingdao Port, one of the world’s largest comprehensive ports, provides a variety of port-related services, ranging from cargo handling and warehousing service to support and extended services such as logistics services and financial services.—CB Report

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uHD tVs 40% of full tV panel shipments in 2016 anufacturer and consumer demand for ultra-high definition (UHD) televisions remains strong, including 4K TV, wide viewing angle (WCG), high dynamic range (HDR) and other high-definition picture performance improvements. Despite overall sluggishness in liquid crystal display (LCD) TV sales, year-over-year unit shipments of UHD TV panels are forecast to double in 2015, topping 40 million units. UHD TV is now expected to account for 40 per cent of the total TV panel shipment area in 2016, according to IHS, the global source of critical information and insight. Demand for UHD panels has risen sharply, because they are suited for large screens. Consumers are also recognising that higher pixel density provides a better, more intuitive viewing experience. At the same time, TV panel prices have fallen, after the display supply capacity received a boost from expansion in Gen 8 facility lines at Chinese panel producers.—CB Report

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Ports & Shipping

Abu Dhabi ports participates in Hr tech world congress in paris

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bu Dhabi Ports―the master developer, operator and manager of ports and industrial zones in the Emirate―participated in HR Tech World Congress held recently in Paris. One of the world’s foremost annual conferences for leaders in human resources (HR) sector, the event was attended by delegates from over 80 countries. Sir Richard Branson, David Shing, Josh Bersin, and Jason Averbook were just a few of the prominent speakers in the event.

Two senior Emirati HR professionals at Abu Dhabi Ports―Maitha Al Murar, Senior HR Business Partner; and Ahmed Al Khemeiri, Talent Acquisition Specialist―spoke about “Capitalisation of local talents” in the Talent Management session on the Rirst day of the Congress on.

They were the Rirst Emirati professionals addressing the Talent Management session in the World’s Leading Conference & Expo on HR and the Future of Work.

In their presentation, Maitha Al Murrar and Ahmed Al Khemeiri discussed the challenges in Rinding and

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Livestock carrier catches fire at port of portland in Australia livestock carrier caught fire Tuesday evening while docked at the Port of Portland in Victoria, Australia, according to the local Country Fire Authority (CFA).

The livestock carrier, identified as the Panama-flagged Awassi Express, was not carrying any livestock at the time of the incident.

CFA was called to the port around 8 p.m. local time on Tuesday, after smoke was reported issuing from a silo on board the 1990-built ship. The fire was contained at around 12.30 a.m. to an 800-tonne grain hopper.

“Crews worked throughout the night on the fire. The focus for firefighters today is to extinguish the fire by this afternoon,” said CFA’s District 4 Duty Officer Henry Barton. “The hopper is the size of a three-storey building and it’s continuing to smoulder. There was fire in the early hours of this morning with steam and smoke coming from the vessel.” No injuries to the crew of the ship or the firefighters have been reported, and the cause of the fire is currently being investigated. The Awassi Express was converted from a 2,300 TEU container vessel into a livestock carrier with approximately 22,000 sqm of livestock capacity, and has been transporting livestock from Asia to Australia since June 2014. The ship is owned by Hamood Al Ali Al Khalaf Trading and Transportation Est. of Saudi Arabia, and managed by the Singapore-based Global Radiance Shipmanagement.—CB Report

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attracting the right local talent with suitable skills and experience, and in developing and nurturing new skills, upskilling and reskilling talents.

They shared the Abu Dhabi Ports’ experience of overcoming such challenges. “Developing the local talents being a global issue, we were happy to share Abu Dhabi Ports’ success story to the world at a prominent international conference. It was also a great opportunity for us to learn useful lessons and examples of in-

ternational practices that could augment our Emiratisation efforts,” said Maitha Al Murrar.

A core pillar of the Abu Dhabi Economic Vision, increasing the number of UAE Nationals in the workforce is a central business strategy for Abu Dhabi Ports. Investment in staff, through training and other development programmes, will see the company reach 47 per cent Emiratisation target by the end of this year and 55 per cent by 2017.—CB Report

govt releases rs 56m for ports, shipping projects he federal government has released Rs 56.870 million for various development projects of the ports and shipping.

The government released the said amount out of the total budget of Rs12,000 million for the division under the Public Sector Development Programme (PSDP) of for Ris-

Saturday November 7, 2015

cal year 2015-16.

Out of the funds released so far, Rs50 million have been provided for the construction of Eastbay Express Way (EPEC) for which Rs4,700 million have been approved for current Riscal year. The total cost of this project has been Rixed at Rs.14,061 million, with foreign component of

Rs.13,542, according to the ofRicial data. The data revealed that so far Rs.40 million have been spent on the project up to the beginning of the current Riscal year. The government also released Rs.2.970 million for reactivation of Hatchery Complex for production of Rish and shrimp seed in Karachi.—CB Report

Shipments of consumer notebooks likely to drop after 2015

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WASHINGTON

cuStoMS BuLLetIN report www.customsbulletin.com

espite recent rebounding shipments of consumer notebooks due to replenishing inventories, global demand is still weak and therefore shipments are likely to signiRicantly drop after the 2015 year-end holidays, especially since the Rirst quarter is the tradi-

tional slow season, according to Taiwan-based supply chain makers.

Following a strong shipment performance in September, the sources expect their October revenues to turn weak as their orders for the year-end holidays in 2015 were much weaker than those in previous years. However, compared to the consumer notebook market, the enterprise one is much more stable in the second half with Dell,

Hewlett-Packard (HP) and Lenovo all aggressively looking to maintain their shipment volumes.

For the consumer notebook market, except Apple, which is expected to continue enjoying stable shipment growth in the fourth quarter, most other vendors will perform weaker than expected. Since Microsoft is offering Windows 10 upgrades to consumers for free, but has not given brand vendors any

discounts on related licensing fees, notebook brand vendors are seeing increasing pressure as consumers are not in a hurry to replace their PC products. The sources believe smartphones and wearable devices will be the main gifts for the yearend holidays, and notebooks, lacking new innovations, are unlikely to attract much in sales except models such as the MacBook, iPad Pro and Microsoft’s Surface series.

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Gujranwala FIA forms teams to nab human traffickers SIALKOT: Federal Investigation Agency (FIA) has compiled the final lists of as many as 13 big notorious human traffickers-turned-proclaimed offenders (POs) named in FIA’s Red book and 300 other dangerous offenders, besides formulating 12 special vigilance teams to arrest the culprits. Deputy Director FIA Gujranwala Ch. Khalid Anees told that the FIA has arrested as many as 12 other big notorious human traffickerscum-proclaimed offenders, which were also named in FIA’s Red book after raiding at various places in Gujranwala.

Saturday, November 7, 2015

CUSTOMS BULLETIN

collector Sarfraz warriach seeks traders cooperation in achieving revenue target MULTAN IMrAN ALI

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he Federal Board of Revenue (FBR) set the huge collection target of almost Rs 50 billion for Model of Customs Collectorate Multan, said Collector of Customs Sarfraz Ahmed Waraich while talking to a delegation of local traders, importers, exporters and industrialists headed by President of Multan Chamber of Commerce and Industry (MCCI) Mian Fareed Mughees A Sheikh.

Collector MCC Multan asked traders to utilize the best available facilities of Multan Dry Port properly so that revenue could be generated from this zone.

Collector MCC Multan Sarfraz Ahmed Waraich stressed the need for frequent meetings in order to enhance mutual cooperation between business community and Customs.

Both Sheikh and Waraich agreed to draw plan to facilitate the exporters of agricultural produces, mango and other fruits and infra-structure be provided at Multan International Airport to attract them besides encouraging the importers and discourage menace of smuggling.

He said the cold storage and hot water treatment plant be provided at Multan airport to facilitate the exporters of fresh fruits and veg-

etables. Fareed Sheikh demanded of Chief Collector to ensure complete facilitation for the genuine exporters and importers and give

them proper time in case of any genuine importer fails to produce documents at the spot of his consignment before taking any action

from Customs. He said that Karachi like facilities be provided to the importers at Multan Dry Port so that it could survive.

Sindh High Court vacates its stay order in poppy seed smuggling case KARACHI

MuHAMMAD YouSAf www.customsbulletin.com

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he Sindh High Court has vacated its stay order that restrained Pakistan Customs from arresting a suspect in a case pertaining to the smuggling of poppy seed.

A division bench comprising Justice Sajjad Ali Shah and Junaid Ghaffar declined the petitioner’s plea to extend the stay order

against his arrest, directing him to obtain bail from the court concerned. The bench was hearing the petition Riled by Imran Khan who moved the court against the customs authorities for allegedly implicating him in the criminal case. He pleaded to the court to restrain the authorities from arresting him in the case. Opposing the petitioner’s plea, Advocate Kashif Nazir, the counsel for the customs department, requested the court to vacate its stay order as the accused was involved in the smuggling of restricted item poppy seed and his custody is required for in-

terrogation. According to the customs ofRicials, M/s Rustam Towel Private Limited, M/s Friend Export (Pvt) Ltd, M/s Nadeem Enterprises, M/s Unity Freight International and M/s Virani Traders tried to smuggle poppy to Germany in the garb of polyester, cotton and dried printed fabric. On physical examination, the authorities found that the consignment contained poppy seeds weighting 27.81 metric tons packed in 1119 bags.

Meanwhile, The Sindh High Court granted post-arrest bail to a suspect in Rive cases pertaining to the export of gold worth billions of

rupees on fake E-forms.

A single bench comprising Justice Salahuddin Panhwar directed suspect Sajid Abdul Qadir to submit surety bond of Rs 500, 000 in each case. Sajid Abdul Qadir approached the high court seeking his release on bail after the trial court dismissed his bail plea.

Wajahat Minhas, Muhammad Zubair, Kashan Iqbal, Hanif Musa, Sajid Abdul Qadir, Muhammad Shahid, and Irfan are in custody.

However, three accused, Syed Abdul Qawi, Syed Tahir Hussain and Kamran Siddiqui have been released on bail. Tahir Ali and

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Muhammad Shakeel are still at large. According to the details of the cases, the customs authorities registered Rive cases against exporters, including Saani Impex, BD Enterprises and Rubab Corporation, Makkah Enterprises, M/s Reaz Corporation for exporting gold worth billions of rupees on fake E-forms, causing huge losses to the national exchequer. Advocate Amir Mansoob, the counsel for the applicant, submitted that accused Qawi was granted bail by the high court and the rule of consistency required that the same treatment should be meted out to his client.