KARACHI: The Collectorate of Customs Adjudication-I has decided to issue show-cause notices to fabric yarn importers for their alleged involvement in violation of SRO-1125/2013, it is learnt.
The sources informed Customs Today that around 14 notices have been finalised by the authorities concerned and would be issued to the importers in the next week.
The Model Customs Collectorate Appraisement-West had registered 50 cases and made contravention reports against the importers guilty of violating SRO-1125/2013 in importing fabric yarn on manufacturing licences.
Although, the Directorate of Customs Intelligence and Investigation-FBR, Karachi has lodged seven first information reports against the fabric importers and made around 10 contravention reports in this regard.
The Collectorate of Customs Adjudication-I has already issued around 35 show-cause notices against the importers for their involvement in violation of SRO-1125/2013 while more show-cause notices are likely to be issued.
Reportedly, several fabric yarn importers evaded million of rupees taxes by misusing SRO-1125/2013.
The Customs Adjudication-I has so far not issued any Order-in-Original (ONO) against these importers.