Tuesday , February 20 2018
Breaking News
Home / Karachi / Adjudication-II recovers Rs 6m from M/s Rana & Sons Karachi
Adjudication-II recovers Rs 6m from M/s Rana & Sons Karachi

Adjudication-II recovers Rs 6m from M/s Rana & Sons Karachi

KARACHI: Collector Customs Adjudication-II Tahir Qureshi has shown outstanding performance by taking actions against tax defaulters during the month of January and this procedure is still on during the month of February.

Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s JSM Enterprises and recovered Rs 6 million from M/s Rana and Sons Karachi.

M/s JSM Enterprises was involved in tax evasion. The company imported different types of roll of black rexine  on November 14, 2017 and used the wrong PCT heading. After a careful investigation, the Customs Adjudication-II issued a final notice to the company and cleared the outstanding amount of Rs 8.14 million.

Source said that another company M/s Rana and Sons got cleared a consignment of imported instant powder milk on October 16 and evaded tax amount of Rs 6 million.

After the investigation, Customs Adjudication-II served a show cause notice on the company on November 17, but it failed to clear the outstanding tax amount. Collector Customs Adjudication-II issued a final notice to the company on December 28, 2017. But company took time to submit amount. After receiving the notice, the company deposited Rs 6 million in favor of the Customs department on 7th  February, 2017.