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Customs Adjudication-II demonstrates brilliance by taking actions against tax defaulters

Customs Adjudication-II demonstrates brilliance by taking actions against tax defaulters

KARACHI: The Customs Adjudication-II showed excellent performance by taking actions against tax defaulters and issuing notices during the month of December.

A source told our reporter that the Customs Adjudication-II served a final notice on a defaulter company named M/s Nagina Textile and Export Karachi and recovered Rs12.58million from M/s Muneezah Plastic accessories.

M/s Nagina Textile and Export Karachi was involved in the tax evasion. The company imported two commercial generators and fabric folding machines on September 24, 2017 and used the wrong Pakistan Custom Tariff heading.

After a careful investigation, the Customs Adjudication-II issued a final notice to the company and got cleared the outstanding amount of Rs5.65million.

Source said that another company M/s Muneezah Plastic accessories got cleared a consignment of imported white, black and multi-color plastic powder on October 9 and evaded tax amount of Rs12.58million.

After the investigation, Customs Adjudication-II served a show cause notice on the company on October 27 but it failed to get clear the outstanding tax amount.

Collector Customs Adjudication-II Tahir Qureshi issued a final notice to the company on November 13, 2017. After receiving the notice, the company deposited Rs12.58million in favor of the Customs Department.