Quantcast
Friday , September 22 2017
Breaking News
Home / Islamabad / Islamabad Customs Adjudication serves notice on M/s Chase Trading
Islamabad Customs Adjudication serves notice on M/s Chase Trading

Islamabad Customs Adjudication serves notice on M/s Chase Trading

ISLAMABAD: Collector Customs Adjudication Islamabad Ihsan Ali Shah has issued a show cause notice to M/s Chase Trading and Technology, Suite No: 102, Green Trust Tower, Jinnah Avenue, Blue Area, Islamabad, under section 180 of the Customs Act-1969 calling upon the company to show cause as to why 25 imported Access Gateways seized by the Directorate General Customs Intelligence and Investigation should not be confiscated and why Rs171.90million evaded by them in duties and taxes on these 25 and previous 32 Access Gateways should not be recovered and why penal action should not be taken against them under section 156 (1) (9) (14), 14A and 178 of the Customs Act-1969.

It was reported by Deputy Director Customs Intelligence and Investigation FBR Rawalpindi Afzal Wattoo that Nadeem Aslam Khan, proprietor and CEO of M/s chase Trading Technology, imported communication switches and declared their unit’s value at $20 per unit and cleared the goods. But we found that imported goods were actually 25 Access Gateways and, according to the invoice No: HSW-SJA, carried unit value of $250 per unit. According to the evidential clearance at the AFU Islamabad, identical and similar goods were assessed and cleared vide GD No: RPAF-5489 dated 25.10.2016 at a unit value of $5943 per unit.