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Customs department

Airports, dry ports: FBR intensifies enforcement steps

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified enforcement operations at airports and dry ports and...

Published 03 Jul, 2025 02:51am

Pakistan

Customs refuse to release bus used for smuggling

LAHORE: The customs department has declined to redeem the vehicle being operated and driven by the owner himself for...

Published 03 Jun, 2025 07:08am

Business & Finance

Customs dept failed to prove allegation

LAHORE: Customs department has failed to prove allegation of smuggling against seizure of a vehicle due to...

Published 10 Apr, 2025 03:14am

Disputes with importers: FBR establishes ‘Classification Centre’

ISLAMABAD: The Federal Board of Revenue (FBR) has established a “Classification Centre” to resolve all pending...

Updated 26 Mar, 2025 08:50am

Pakistan

Customs dept fails to establish use of oil tanker in diesel smuggling

LAHORE: the Customs department has failed to establish use of an oil tanker in smuggling of diesel, as the relevant...

Published 22 Jan, 2025 07:44am

Pakistan

Customs dept secures ruling of upholding confiscation of smuggled goods

LAHORE: In a significant ruling, the Customs department has secured a decision in its favour regarding upholding the...

Published 08 Jan, 2025 07:51am

Business & Finance

Goods released without redemption fee payment: Customs department challenges adjudicating authority’s decision

LAHORE: The Customs department challenged its own adjudicating authority for releasing consignment without payment ...

Published 26 Sep, 2024 09:21am

Business & Finance

Customs reforms: FBR sets up four working groups

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted four working groups for reforms in the Pakistan ...

Updated 21 Sep, 2024 07:39am

Pakistan

Customs dept has failed to prove digits of chassis of crane were tampered with

LAHORE: The Customs department has failed to prove tampering with the digits of the chassis of a crane confiscated ...

Published 23 Aug, 2024 03:24am

Business & Finance

3,451 lots awaiting disposal in Customs dept: FTO

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has observed that a total of 3451 lots are awaiting disposal...

Published 30 Jul, 2024 03:10am

Business & Finance

FTO voices concern over delay in release of imported vehicle

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over delay in the release of an imported...

Published 25 Jul, 2024 06:24am

Pakistan

Customs fails to prove smuggling of local currency

LAHORE: The customs department has failed to establish smuggling of local currency to Afghanistan from a passenger ...

Published 23 Jul, 2024 08:29am

Pakistan

Customs dept fails to prove vehicle as smuggled item

LAHORE: The customs department has failed to prove smuggling of a vehicle into Pakistan despite claiming that the...

Published 14 Mar, 2024 03:00am

Business & Finance

Non-duty paid foreign origin goods: Customs confiscates locally- manufactured clothing

LAHORE: The customs department reportedly confiscated locally manufactured cloth on the pretext of non-duty paid...

Published 07 Feb, 2024 05:30am

Business & Finance

‘Benefit of doubt’: Jewellery importer defeats confiscation of goods

LAHORE: An importer of artificial jewellery has defeated confiscation of the imported goods by the customs ...

Published 13 Jan, 2024 05:38am

Pakistan

Officer’s failure to understand matter properly causes Customs revenue loss

LAHORE: Misunderstanding on the part of appropriate officer leads to loss of revenue to the customs department, said...

Published 04 Jan, 2024 05:41am

Pakistan

Importer assails customs dept for not releasing goods

LAHORE: An importer of polymer polyvinyl chloride has proved prejudice behavior of Customs department for not...

Published 28 Dec, 2023 04:52am

Business & Finance

Customs department: FBR announces major reforms

ISLAMABAD: The Federal Board of Revenue (FBR) has announced major reforms in the customs department to upgrade and...

Published 28 Dec, 2023 04:52am

Field formations: FBR announces extended workhours

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the field formations (customs department) will...

Updated 25 Dec, 2023 08:43am

Business & Finance

Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty

LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ...

Published 09 Dec, 2023 05:46am

Pakistan

Smuggled, illegally imported goods worth Rs10.5bn seized

KARACHI: The Directorate of Intelligence and Investigation-Customs Karachi has seized smuggled and illegally ...

Published 05 Dec, 2023 03:01am

BR Research

50 shades of ‘grey trade’

The crackdown on smuggling is yielding results. However, the food items smuggled through grey channels are still...

Published 03 Nov, 2023 08:45am

Business & Finance

Customs accused of issuing detection notices under the garb of tax evasion

LAHORE: The Customs department is issuing reassessment and recovery notices under the garb of detection of tax...

Published 20 Jul, 2023 03:12am

Pakistan

Mishandling three imported vehicles: President directs FBR to apologise, make payment to citizen

ISLAMABAD: President Dr Arif Alvi has directed the Federal Board of Revenue (FBR) to apologise and make payment to a...

Published 30 May, 2023 03:37am

Business & Finance

Mishandling of refund claims worries importers

LAHORE: Importers have expressed concerns over not attending their refund claims in correct factual and legal...

Published 21 Apr, 2023 05:56am

Pakistan

SOP issued to intercept suspected smuggled vehicles

ISLAMABAD: The Directorate General of Intelligence and Investigations (Customs) Tuesday issued a standard operating...

Published 19 Apr, 2023 06:36am

Pakistan

Bid to smuggle ammunition foiled

PESHAWAR: Customs authorities have foiled a bid to smuggle foreign-origin ammunition, having a total value of ...

Published 13 Apr, 2023 06:37am

Money laundering, terrorism financing: Customs dept directed to refer cases to CTD

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Customs department to refer big cases of currency...

Updated 23 Mar, 2023 09:30am

Business & Finance

Despite orders, failure to impose penalties on officials irks FBR chief

ISLAMABAD: The Federal Board of Revenue (FBR) chairman has taken serious notice of the instances where heads of ...

Published 01 Mar, 2023 06:21am

Business & Finance

Officials facing disciplinary proceedings: FBR chief seeks forensic analyses of audio/video clips

ISLAMABAD: Federal Board of Revenue’s (FBR) Chairman Asim Ahmad on Wednesday directed heads of all field ...

Published 15 Dec, 2022 06:00am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	285.03
USD PKR Interbank Buying / Jul 17	284.83
USD to Japanese Yen / Jul 18	148.81
USD to Swiss Franc / Jul 18	0.80
Pound Sterling to USD / Jul 18	1.34
Euro to USD / Jul 18	1.16
UK LIBOR % / Jul 18	4.96

Stock	Volume
S&P 500 / Jul 18	6,296.79
India Sensex / Jul 18	81,757.73
Tokyo Nikkei / Jul 18	39,819.11
Nasdaq / Jul 18	20,895.66
Hang Seng / Jul 18	24,825.66
FTSE 100 / Jul 18	8,992.12
Dow Jones / Jul 18	44,342.19
Germany DAX 30 / Jul 18	24,289.51
France CAC40 / Jul 18	7,822.67

Item	Value
Crude Oil USD/Barrel / Jul 18	67.34
Karachi Cotton PKR/37.32 KG / Jul 18	16,585
Gold 10 Grams PKR / Jul 18	306,584
Gold Spot USD/Ounce / Jul 18	3,349.94
Cotton US¢/pound / Jul 18	68.68
Petrol/Litre / Jul 20	272.15
Diesel/Litre / Jul 20	284.35

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Jul 18 Kohinoor Power Company Limited(KOHP)	8.22 ▲ 1 (13.85%)
Abdullah Shah / Jul 18 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	9.41 ▲ 1 (11.89%)
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	9.64 ▲ 0.99 (11.45%)
Chenab Ltd (Pref) / Jul 18 Chenab Limited (Pref)(CLCPS)	3.67 ▲ 0.36 (10.88%)
Askari Life Assur. / Jul 18 Askari Life Assurance Company Limited(ALAC)	10.47 ▲ 1 (10.56%)
Trust Mod. / Jul 18 Trust Modaraba(TRSM)	10.72 ▲ 1 (10.29%)
Sitara Peroxide / Jul 18 Sitara Peroxide Limited(SPL)	19.46 ▲ 1.77 (10.01%)
Fateh Ind. / Jul 18 Fateh Industries Limited(FIL)	167.65 ▲ 15.24 (10%)
Bunnys Limited / Jul 18 Bunnys Limited(BNL)	120.54 ▲ 10.96 (10%)
Pakistan Services / Jul 18 Pakistan Services Limited(PSEL)	1,216.22 ▲ 110.57 (10%)

Stock	Price
B. F. Modaraba / Jul 18 B.F. Modaraba(BFMOD)	11.32 ▼ -1.26 (-10.02%)
Apna Microfin. / Jul 18 Apna Microfinance Bank Limited(AMBL)	12.49 ▼ -1.39 (-10.01%)
PIA Holding Co.B / Jul 18 PIA Holding Company Limited B(PIAHCLB)	34,461.47 ▼ -3829.05 (-10%)
Premier Insurance / Jul 18 Premier Insurance Limited(PINL)	9.88 ▼ -1.06 (-9.69%)
Pak Datacom / Jul 18 Pak Datacom Limited(PAKD)	243.21 ▼ -25.46 (-9.48%)
ICC Industries / Jul 18 ICC Industries Limited(ICCI)	13.15 ▼ -1.37 (-9.44%)
Kohat Textile / Jul 18 Kohat Textile Mills Limited(KOHTM)	63.20 ▼ -6.54 (-9.38%)
Tri-Star Mutual / Jul 18 Tri-Star Mutual Fund Limited(TSMF)	10 ▼ -1 (-9.09%)
D.M. Corporation / Jul 18 D.M. Corporation Limited(DMC)	41.01 ▼ -4.08 (-9.05%)
Suhail Jute / Jul 18 Suhail Jute Mills Limited(SUHJ)	102.70 ▼ -9.58 (-8.53%)

Stock	Volume
Pak Int.Bulk / Jul 18 Pakistan International Bulk Terminal(PIBTL)	53,113,672 ▲ 0.05
First Dawood Prop. / Jul 18 First Dawood Properties Limited(FDPL)	42,000,846 ▼ -0.07
Ghani Chemworld / Jul 18 Ghani Chemworld Limited(GCWL)	31,782,721 ▲ 0.2
K-Electric Ltd. / Jul 18 K-Electric Limited(KEL)	30,837,994 ▲ 0.04
WorldCall Telecom / Jul 18 Worldcall Telecom Limited(WTL)	20,860,330 ▼ -0.03
Askari Bank / Jul 18 Askari Bank Limited(AKBL)	19,960,215 ▲ 1.22
B.O.Punjab / Jul 18 The Bank of Punjab(BOP)	18,705,405 ▼ -0.32
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	12,945,948 ▲ 0.99
DH Partners / Jul 18 DH Partners Limited(DHPL)	11,461,194 ▲ 2.41
Cnergyico PK / Jul 18 Cnergyico PK Limited(CNERGY)	11,055,462 ▼ -0.11

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Customs department

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