MULTAN: Model of Customs Collectorate recovered outstanding amount of Rs 6.862 million from Fatima Fertilizer Limited.
As per details, Customs Appellate Tribunal has issued the Order-in-Original No.216 /2015 against Fatima Fertilizer Company in a case regarding the import of machinery. The said defaulter had short-paid duty tax at the time of clearance by claiming incorrect customs tariff.
It may mention here that Customs Adjudication and collector Appeal have also announced the verdict against Fatima Fertilizer Company on their outstanding amount.
The company had imported consignment of abatement system with net value at 2.98 million Euros falling under HS Code 8416.2000 from Germany on May 17, 2009 and got cleared the consignment form Multan Dry Port with assistance of their clearing agent Auto Track.
After hearing the case, the court directed the company to pay Rs 11 million. However, the company has paid Rs 6.862 million tax and will pay the remaining amount soon.
