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Tax evasion: Adjudication-II serves final notice to M/s Arsalan Glass Works

Tax evasion: Adjudication-II serves final notice to M/s Arsalan Glass Works

KARACHI: Customs Adjudication-II served a final notice to a defaulter company M/s Arsalan Glass Works, Karachi and recovered Rs 4.29 million from M/s Saba Iron & Steel Manufacturers.

Sources told Customs Today that M/s Arsalan Glass Works, Karachi was allegedly involved in tax evasion. The company imported various types of white crystal chemical which include imported plastic dana and other items on December 29, 2017 by using wrong PCT heading. The consignment was cleared by Examiner Amir Siraj.

Sources told that Collector Adjudication-II Tahir Qureshi issued a final notice to the company on 20th June asking the company to clear the outstanding amount of Rs3.82 million within 14 days.

Source said another company M/s Saba Iron & Steel Manufacturer got cleared a consignment of iron scrap, included out of order cars and other scrap on January 16,, 2018 and evaded a tax amount of Rs 4.29 million.

Customs Adjudication-II served a show cause notice to the company on May 18, 2018. After receiving the notice, the company deposited Rs4.29 million in favor of customs department on 20th June, 2018.