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Home / Breaking News / Customs Exports attaches properties of Spectrum Int’l for non-payment of Rs1,050,426 taxes
Customs Exports attaches properties of Spectrum Int’l for non-payment of Rs1,050,426 taxes

Customs Exports attaches properties of Spectrum Int’l for non-payment of Rs1,050,426 taxes

KARACHI: The Special Recovery Cell (SRC) of the Model Customs Collectorate-MCC of Exports while continuing its crackdown on the defaulters and also attached the immovable properties of M/s Spectrum International for the recovery of outstanding government dues amounting to Rs1,050,426.

The authorities concerned of the MCC-Exports in its “warrant of attachment” against the importer has appointed Sardar Amin Farooqui as an attachment officer and directed him to attach the properties located at C-8, Block No18 Gulberg FB Area-Karachi and L-25, Block-21 in FB Area of the M/s Spectrum International against the non-payment of dues amounting to Rs1,050,426.

The attachment officer Amin Farooqui while following the directives of the authorities concerned of the MCC-Exports, has seized the immovable properties belonging to the defaulter in terms of Customs Rules, 2001 with some exceptions as provided under the above said Rules.

It is pertinent to mention here that the Collector-MCC Exports Manzoor Memon has already informed Customs Today that the Collectorate has started crackdown against the defaulters who were taking undue advantages of DTRE and other facilities and not paying legitimate government revenue. The sources informed this scribe that most of the exporters after the advent of the said crackdown initiated by the MCC-Exports in order to attach the property against the non-payment have voluntarily submitted/paid outstanding duty/taxes into the national exchequer.