KARACHI: The Collectorate of Customs Adjudication-I is likely to issue show-cause notices Against the fabric/yarn importers, next week till Tuesday in their alleged involvement in tax evasion of Rs775 million by taking undue advantage of SRO1125/2011 in clearance of the fabric consignments.
The sources in Collectorate of Customs Adjudication-I informed Customs Today that the Collectorate in first phase is going to issue show-cause notices against five fabric importers including M/s Pioneer Textile, M/s Nawaz Enterprises, M/s Asif Textile, M/s Falak Weaving and M/s Arbaz Garments, who are allegedly involved in violating SRO1125/2011 in clearance of their fabric consignments.
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It may be mentioned here that the Directorate of Customs Intelligence and Investigation-FBR, Karachi Region in contravention reports against those importers stated that the fabric/yarn importers committed an offence of mis-declaration in term of Section 32(1)(2), 32-A, 79(1)(b) and 80 of the Customs Act, 1969.
In the contravention reports, the Directorate of Customs Intelligence and Investigation-FBR, Karachi found that the M/s Pioneer Textile was involved in tax evasion of Rs36.8 million; M/s Nawaz Enterprises was involved in tax evasion of Rs 46.6 million; M/s Asif Textile was involved in 67.1 million; M/s Falak Weaving was involved in tax evasion of Rs 71.80 million and Arbaz Garments was involved in tax evasion of Rs 118.10 million, which makes the total amount of tax evasion tune to Rs 340.40 million.
The Directorate of Customs Intelligence and Investigation-FBR Karachi recently detected tax evasion amounting to Rs775 million in mis-using of SRO1125/2011.
The Model Customs Collectorate-MCC of Appraisement (West) has already forwarded 12 contravention reports to the Collectorate of Customs Adjudication-I for further legal proceedings in tax evasion cases. The MCC-Appraisement (West) in September forwarded 12 contravention reports against the importers M/s Al-Mawadah Textile, M/s A I Enterprises, M/s Ahsan Enterprises, M/s Al-Harmain Textile, M/s G M Exports, M/s Hira Exports, M/s Pioneer Textile, M/s Anwar & sons, M/s Nawaz Enterprises, M/s Sara Corporation, M/s B A Impex and M/s WJK Enterprises in tax evasion amounting to Rs248.80 million in their alleged involvement of taking undue benefit of SRO1125/2011. However; not even a single hearing yet to be conducted into the following cases.
