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Business Recorder
2 days ago
- Business
- Business Recorder
Values on import of 22 types of power tools revised
ISLAMABAD: The Directorate General of Customs Valuation, Karachi has revised customs values on the import of 22 different types of power tools from all origins. The Directorate has issued a valuation ruling (2021 of 2025) on Wednesday. The Directorate had issued Valuation Ruling No 1908/2024 dated 03.10.2024 for power tools which was subsequently challenged by the stakeholders before the Director General, Valuation, Karachi under Section 25-D of the Customs Act, 1969. The Director General, Valuation vide Order-in-Revision 6412024 dated 03.12.2024 rescinded valuation ruling under Section 25-D of the Customs Act, 1969. The Director, Customs Valuation, Karachi, was directed to undertake a fresh exercise under Section 25A, ensuring proper stakeholder consultation and application of valuation methodologies in sequence. Accordingly, in pursuance of analysis of import data, current market trends, the difference in market prices and customs values, an exercise for the re-determination of customs values of subject goods was initiated under Section 25 and 25A of the Customs Act, 1969. During the meeting, M/s MA Tools proposed that, as per CGO 05/2022, the unit of measurement be 'piece' and voltage/wattage be included as a classification criterion. Other importers recommended removing branding and categorisation of power tools except for 'A' category Japanese brands. They noted that the previous VR was based on Category B (C: B x 0.6, A: B ' 3) and raised concerns over the non-disclosure of QY Research, stressing that if it is used, lower values from the same source should also be accepted. They added that over 600 items fall under this category and highlighted the possibility of concealment if assessed on a per-unit basis. To determine the transaction values of the subject goods, the valuation methods prescribed under Section 25 of the Customs Act, 1969 were applied sequentially. The Transaction Value Method, as provided under subsection (l) of Section 25 was found inapplicable since the declared values did not align with prevailing market prices. Similarly, the methods based on the values of identical and similar goods under sub-sections (5) and (6) could not be exclusively relied upon due to the lack of evidence regarding the commercial level, quality, and quantity of the goods. Consequently, the Deductive Value Method, as outlined in sub-section (7) of Section 25, was employed to determine the customs values. In accordance with the procedure specified in Office Order No 1712014 dated 19.03.2014, a market inquiry was conducted. However, it could only yield results to some extent because of variations in market prices. In line with statutory sequential order of Section 25, computed value method, as provided in Section 25(8) of the Customs Act, 1969 was examined, but the same also could not be applied as the conversion cost from the constituent materials and allied expenses, in the country of export, were not available. Finally, the Customs values of the subject goods have been determined under Section 25(9), read with Section 25(7), of the Customs Act, 1969 and rule l2l of Customs Rules, 2001. In light of above, the customs values of power tools are determined and hereinafter specified shall be the customs value for assessment of duty/taxes given against therein, the FBR added. Copyright Business Recorder, 2025
Business Recorder
14-07-2025
- Business
- Business Recorder
FBR to suspend terminals, dry ports lacking infrastructure, IT compliance
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to suspend/cancel registration of terminal operators of sea port/off-dock terminal/dry port or land border station, which fails to fulfil minimum requirements of infrastructure, information technology and documentation etc. The FBR has issued customs general order (CGO) 7 of 2025 to tighten monitoring and supervision of terminal operators. The FBR's procedure revealed that according to rule 548 of the Customs Rules, 2001, every terminal operator conducting terminal operations under the Customs Computerized System (CCS) is required to fulfil the minimum requirements specified under rule 554 relating to building and infrastructure, examination facilities, secure environment. information technology and documentation. 'Pakistan needs integrated dry port strategy to decentralise economic activity' The provisions of rules 548 to 554 are mutatis mutandis applicable on off-dock terminal operators in terms of rule 554A. The off-dock terminal operators are further obliged to fulfil the requirements mentioned in pare 3 of the guidelines issued by the Federal Board of Revenue in July 2024. Moreover, the aforesaid provisions are equally applicable on dry ports and land border stations registered as terminal operators in the CCS. To ensure regular and periodic verification of the minimum requirements provided under Customs Rules, the following instructions are being issued for strict compliance by all concerned: i); Inspection of the minimum requirements or conditions at sea terminal, off-dock terminal, dry port or land border station as the case may be, will be carried out every six months by the concerned regulatory collectorate. The inspection report will categorically state the level of availability of each specific requirement as envisaged in rule 554 or 554A. as the case may be. ii); In case, any shortcomings or deficiencies are pointed out in the inspection report, the respective terminal operator of sea port/ off-dock terminal/ dry port or land border station, will be intimated in writing to fulfil the same within fifteen days and submit compliance report to the Collectorate. iii); Where the terminal operator of sea port / off-dock terminal/ dry poet or land border station fails to comply with requirement or does not respond to the inspection report, the Regulatory Collector shall initiate proceedings for suspension/ cancellation of registration of the terminal operator in terms of the provisions of rule 553 of the Customs Rules, 2001 read with Section 155F of the Customs Act, 1969. iv); Where the registration of terminal operator of sea port / off-dock terminal/ dry port or land border station, is suspended or cancelled in terms of rule 553 for the reasons mentioned above, the same will be restored if the Regulatory Collector is satisfied that they have complied with the requirements envisaged under the rules. The Regulatory Collectorate shall forward compliance report to the Board in respect of each terminal operator after every six months, FBR added. Copyright Business Recorder, 2025
Time of India
24-05-2025
- Business
- Time of India
Garbage piles up on Salt Lake roads as BMC waits for hydraulic dumpers for direct disposal at Dhapa
1 2 Kolkata: Heaps of household and market-generated garbage are piling up in different parts of Salt Lake, raising a stink and turning localities into an eyesore. Recently, the road leading from Tank 13 towards Anindita bus stop could not be used for almost a day, and vehicles had to be diverted to the other flank as a pile of trash almost blocked the road. Residents complained that waste collection in the municipality was irregular. There is a waste dumping-and-collection site near the CGO complex, from where the waste is transported to the Dhapa dumping site. "A heap of waste is often seen lying around the spot till late afternoon. The civic authorities say they face an uphill task to clear the daily piled-up waste due to a scarcity of waste collecting trucks. The area often stinks," said a roadside tea stall vendor. The Kestopur canal side road, which runs parallel to First Avenue, often has garbage dumped along both sides. "The waste piles up for several days before it is cleared. The sides of the AE Block green verge also often stay a mess due to scattered garbage," said Aparna Biswas, a local. Officials of the Bidhannagar Municipal Corporation (BMC) said that they are planning to introduce 12 hydraulic dumpers on the streets in a few weeks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo These dumpers will collect and transport the daily generated waste to the Dhapa dumping site. "Six hydraulic dumpers have already been procured, and the other six are on the way. The vehicles will then be sent for registration. We expect the vehicles to be introduced on the roads by June 15," said BMC MMiC (waste management) Debraj Chakraborty. Officials said that the tender process is underway to procure four more waste collecting trucks. "Soon, a total of 16 vehicles will be on the roads to collect and dispose of the daily generated waste across 41 wards," said an official. The BMC area of Salt Lake and Rajarhat Gopalpur generates around 400 tonnes of waste daily. Civic officials said that the plan is to have two clusters in each of the 41 BMC wards where the dumpers will be placed at strategic points. "Apart from the hydraulic dumpers, there will be movable dumpers which will be stationed in different places. The household waste that will be collected will be put on these dumpers instead of leaving it in the vats for secondary collection. The dumpers will directly transport the waste to the dumping ground," said a civic official. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Business Recorder
23-05-2025
- Business Recorder
Legal custody of 14,000 kg of donkey hides: Customs enforcement-export collectorate tug of war intensifies
KARACHI: A tug of war between Customs enforcement and the export collectorate for taking the legal custody of 14,000 kilograms of donkey hides has intensified with the export collectorate filing a formal complaint against enforcement officials for alleged misconduct and violation of established procedures. A bitter jurisdictional dispute began on April 29, 2025, when Customs officials discovered the massive consignment of donkey hides during examination of a container at SAPT. The shipment, declared as 'leather goods' by a trading company through their clearing agent, was being exported to China when it was flagged for inspection despite initially passing through the green channel clearance process. According to a formal complaint, the consignment was first put on hold by the Anti-Narcotics Force on April 29, following routine examination procedures. However, the situation became complicated when the Port Control Unit of the Collectorate of Customs Enforcement applied an additional hold on the container, creating a conflict over which department had legal authority to handle the case. The export collectorate has accused the deputy collector of the PCU Enforcement of overstepping the jurisdiction and violating established Customs procedures outlined in CGO number 3 of 2018. The complaint alleged that the deputy collector insisted on taking custody of the container and removing it from the port area without following the proper joint examination procedures required under the regulations. The banned donkey hides were identified as prohibited exports under an Economic Coordination Committee order from September 2015, which classified such shipments as restricted items. The discovery has highlighted ongoing concerns about illegal wildlife trade and the enforcement of export regulations at Pakistani ports. It further claimed that the enforcement collectorate acted unilaterally in removing the container from port premises, bypassing mandatory joint examination procedures that require cooperation between both departments, arguing that donkey hides did not fall under the specific mandate of the PCU, which is primarily designed to target narcotics, psychotropic substances, explosives, and other security-related contraband. The complaint alleged that this incident represents a pattern of jurisdictional overreach by enforcement officials, with the export collectorate providing a list of similar cases where holds were improperly applied to their operations. 'Such actions could create serious operational anomalies and increase friction between different customs departments, it added. Earlier, the enforcement collectorate in an official media statement claimed they successfully intercepted the said banned shipment that had been cleared through the green channel and was being prepared for loading onto a China-bound vessel after getting a permit from the export collectorate. They maintained that their intervention prevented the illegal export of prohibited materials. The complaint has asked the Federal Board of Revenue to investigate the matter and take action against what the export collectorate describes as misconduct and misuse of authority. Copyright Business Recorder, 2025
Indian Express
07-05-2025
- Politics
- Indian Express
Delhi Police on high alert after Operation Sindoor: paramilitary, local police, SWAT commandos deployed at strategic locations
The Delhi Police Wednesday issued a high alert across the city following India's strike at terror infrastructures in Pakistan and Pakistan-Occupied Kashmir (PoK) under Operation Sindoor, with security around the headquarters of all three defence forces, paramilitary installations, and other government offices stepped up. Security personnel, including paramilitary and local police, along with the SWAT commandos, have been deployed at strategic locations in the New Delhi district. The local police and the paramilitary personnel have also been deployed at the CGO complex in South Delhi. All the deputy commissioners of police have been asked to be on alert and also hold the mock drill exercise with the full cooperation of the Civil Defence, Delhi Fire Services (DFS), and other government authorities. Officials said vigil has been increased at the borders of Delhi, and the local police have been asked to increase the patrolling. The directions from the Delhi Police Headquarters have been issued amidst the scheduled mock drill exercises at 55 locations in all 11 districts of the Capital Wednesday at 4 pm. Officials said drills will be held across all 11 districts — five locations in each of them — covering 660 schools and 40 markets. In the evening, the drills, 'Operation Abhyas', will be held across the country following a May 5 directive from the Union Ministry of Home Affairs (MHA) amid India-Pakistan tensions after the Pahalgam terror attack. It will simulate multiple hostile scenarios — incoming air raids with siren activation and blackout procedures, urban fire emergencies, search and rescue operations, casualty evacuation, temporary hospital setups, and evacuation of civilians to demilitarised zones or bunkers. Operation Sindoor came two weeks after the Pahalgam terror attack, in which 26 people were killed.
