Wednesday , February 21 2018
Breaking News
Home / Karachi / Customs Adjudication performs well by serving nine notices on defaulter companies
Customs Adjudication performs well by serving nine notices on defaulter companies

Customs Adjudication performs well by serving nine notices on defaulter companies

KARACHI: The Customs Adjudication-I showed good performance in the first 15 days of January. The adjudication has issued five show cause and four final notices to the defaulter companies.

Today the Customs Adjudication-I has retrieved Rs6.54million from M/s Raheem and Sons Karachi. The company was allegedly involved in tax evasion. Sources told our reporter that Collector Customs Adjudication-I has served a show-cause notice on the said company for allegedly causing the treasury a loss of Rs6.54million by way of mis-declaration of classification.

M/s Raheem and Sons imported a consignment of different types of laptop and computer accessories including mother boards, TV tuner cards, processors and more items from UK & got them cleared by mis-declaring the classification under the Pakistan Custom Tariff (PCT) from the Pakistan International Container Terminal (PICT) by the hand of examiner Salahuddin on October 16, 2017.

The company allegedly availed undue and inadmissible benefit as well as exemption of sales tax. It is pertinent to mention here that processor itself has imported identical/same goods under the correct PCT heading 2306.3306. Apart from it, all other importers of different kinds of used laptop and different kinds of computer accessories including mother boards have either been declared by the importers or assessed by the collectorates.

Source said the Customs Adjudication-I investigated 12 more cases of defaulter companies and, after investigation, adjudication concerned will issue a show cause and final notices to these defaulter companies in the current month.