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Home Breaking News

Appellate tribunal orders MLM industries to pay evaded tax Rs 3.2 million with penalty

bySajid Nawaz
02/06/2015
in Breaking News, Lahore, Latest News, Slider News
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LAHORE: Customs Appellate Tribunal decided a case of MLM industries and ordered it to pay Rs 3.2 million as duty/taxes and Rs 500,000 penalty.

As per details, the deputy director of Custom Investigation and Intelligence Lahore found that MLM industries exporting their finish goods to Afghanistan and claiming zero rating sales tax that was violation of provision of Sales Tax Act, 1990.

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As per PRAL data, the polypropylene woven bags were exported to neighbouring country form September 2008 to March 2010 without paying duties.

The polypropylene woven bags worth Rs.20.2 million were exported and the sales tax amounting to Rs.3.2 million at the rate 16 percent was payable but no payment was made in this regard by violation of Sale Tax Act, 1990.

On the above details, the accused company was charged under section (19) (20) (215) of Customs Act, 1969 by customs appeals.

The MLM industries challenged decision and lodged appeal against deputy director of Investigation and Intelligence Lahore and collector of customs, customs adjudication Lahore in customs appellate tribunal.

Customs appellate tribunal double bench comprising Member Technical Khawaja Omer Mehdi and Member Judicial Ghulam Murtaza Bhatti BhattiI heard the case.

The CEO of MLM had no information about SRO 190(I) 2002 and not defends himself in front of double bench.

The appellant failed to point out illegality in the impugned order and customs appellate tribunal double bench order to MLM industries to pay Rs.3.2 as sales tax duty and Rs 500,000 as penalty under section 156(1) 10A,and 62 of customs act 1969.

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