Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Customs prepares contravention case against Sami Pharmaceuticals for tax evasion of Rs 34.11m

byAbul Hassan Usmani
16/07/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Directorate General of Customs Intelligence and Investigation FBR-Karachi region has prepared a Contravention Report against Sami Pharmaceuticals (Pvt) Limited, Karachi, for evading customs duties/ taxes of Rs 34.11 million by misusing SRO. 567(I) 2007 on aluminum caps which is fixed on the neck of the bottles.

The officers who processed the case include Director Customs I&I, Karachi region, Asif Marghoob Siddiqui and Additional Director Farrukh Sajjad.

You might also like

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

21/04/2026

OICCI proposes 5pc cap on withholding tax, calls for reforms

21/04/2026

According to the details, a credible information was received in the Directorate General of Customs I&I Karachi region, that various pharmaceutical companies are indulged in importing huge quantity of Aluminum Caps of bottles which are fixed on the neck of the bottles under PCT 8309.9000 and 7612.9090 under the garb of Closing Lids by misusing serial 31 and 32 of category-D of SRO 567(I) 2006 dated 05-06-2006.

According to the Contravention report which along with other relevant documents has been submitted for initiation of adjudication proceedings stated that M/s. Sami Pharmaceutical (Pvt) Ltd (NTN-0711973), Karachi, in collusion with clearing agent Ocean Aids International Karachi managed to clear under-reference consignments deliberately by mis-using of SRO. 567(I)2006 attracting 5% customs duty evading thereby customs duty and taxes to the tune of Rs 34,110,330/= have committed offence of mis-declaration in terms of above mentioned sections violated.

 

 

Related Stories

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

byCT Report
21/04/2026

KARACHI: The Directorate General of Customs Valuation, a division of the FBR, issued Valuation Ruling No. 2069/2026 on April 16,...

OICCI proposes 5pc cap on withholding tax, calls for reforms

byCT Report
21/04/2026

KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) has proposed capping withholding tax rates at 5%, urging the...

Zong launches Pakistan’s first 5G facilitation Kiosk at Islamabad Airport

byCT Report
21/04/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has set a new industry benchmark by launching the country’s first dedicated 5G...

LHC allows Rs11.2b cost equalisation adjustment deduction for SNGPL in tax dispute

byCT Report
21/04/2026

LAHORE: The Lahore High Court has ruled that the Cost Equalisation Adjustment claimed by Sui Northern Gas Pipelines Limited qualifies...

Next Post

DG Customs Valuation Samaira Nazir rejects review petition against amendment to VR No.698/2014

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.