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Adjudication-II recovers Rs 3.64m from M/s Bela G & Company

Adjudication-II recovers Rs 3.64m from M/s Bela G & Company

KARACHI: Collector Customs Adjudication-II Tahir Qureshi has said that cases of more than 13 defaulters companies are under observation.

Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s Shahmeer Handicrafts and recovered Rs 3.64 million from M/s Bela G & Company Karachi.

M/s Shameer Handicrafts was involved in the tax evasion. The company imported wooden pieces on August 17, 2017 and used the wrong PCT heading.

After a careful investigation, the Customs Adjudication-II issued a final notice to the company to clear the outstanding amount of Rs 4 million.

Source said that another company M/s Bela G & company Karachi got cleared a consignment of  some brass show piece on November 17 and evaded tax amount of Rs 3.64 million.

After the investigation, Customs Adjudication-II served a show cause notice on the company on December 11, but it failed to clear the outstanding tax amount. Collector Customs Adjudication-II issued a final notice to the company on December 24, 2017. After receiving the notice, the company deposited Rs 3.64 million in favor of the Customs department.