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Customs Adjudication-I retrieves Rs3.57m from M/s Amjad Ansar Traders

Customs Adjudication-I retrieves Rs3.57m from M/s Amjad Ansar Traders

KARACHI: The Customs Adjudication-I recovered Rs3.57million from M/s Amjad Ansar Traders Hyderabad. The same adjudication also serves a final notice on M/s Nasir Auto Parts Karachi (Shershah).

M/s Nasir Auto Parts Karachi was allegedly involved in a tax evasion. The company imported different types of 1200 CC-Engine parts on August 16, 2017 by Examiner Sajjid Murad Khanani and used the wrong PCT heading.

After a careful investigation, the Customs Adjudication-I issued a final notice to the company on April 16. According to the final notice, the defaulter company will pay an amount of Rs4.82million within 14 days.

Source said another company M/s Amjad Ansar Traders Hyderabad got cleared a consignment of window frames, aluminum sheets and rolls, aluminum scrap, door scrap and some steel scrap on October 22, 2017 and evaded a tax amount of Rs3.57million.

After the investigation, the Customs Adjudication-I served a show cause notice on the company on March 5, 2018, but it failed to clear the tax amount.

The Collector Customs Adjudication-I issued a final notice to the company on March 21, 2018. After receiving the notice, the company deposited Rs3.57million in favor of the Customs Department on April 16.