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Collector Adjudication issues show cause notice to M/s Itifaq Traders

Collector Adjudication issues show cause notice to M/s Itifaq Traders

LAHORE: Collector of Customs Adjudication Ambreen Ahmed Tarar has issued a show cause notice to owner of M/s Itifaq Traders.

According to the details, M/s Itifaq Traders )NTN 4181891) imported 62 consignments of potatoes.  During scrutiny of import data it was revealed that the importer had deliberately claimed the benefits of SRO 549 (I)/2008 dated 11.6.2008 read with SRO 338 (I)/2014 dated 2.5.2014 which was in fact rescined vide SRO 573 (I)/2014 dated 26.6.2014 and the said goods were chargeable for sales tax @ 17%.

It was also reported that the importer with the connivance of clearing agent deliberately deprived the government of its legitimate revenue ofRs10,836,400/-.

After detecting the tax evasion Collector Customs Adjudication Ambreen Ahmed Tarar issued show cause notice to the owner of the above said company asking him to appear in person on 30th of August to explain his point of view failing which ex-parte proceedings will take place.