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

Show-cause notice served on Sui Northern Gas Pipelines in Rs 388.786m tax evasion case

byAftab Channa
07/11/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Collectorate of Customs Adjudication-I has issued a show cause notice to M/s Sui Northern Gas Pipelines Limited for evasion of taxes/duties to the tune of Rs 388.786 million on import of domestic gas meters by availing inadmissible exemption/concession under Clause (2) and Clause (3) of SRO 678(I)/2004 dated 7.08.2004.

According to details, the PCA-Karachi Directorate, during scrutiny of import data of Sui Northern Gas Pipelines Limited, Gas House 21-Kashmir Road, Lahore, observed that they imported various consignments for domestic gas meters and got them cleared from MCC Appraisement (West), MCC Appraisement (East) and MCC (PMBQ) Karachi, through their clearing  agents namely M/s. Muhammad Amin Muhammad Moqeem, Clearing and Forwarding  Agents, and M/S Urooj.

You might also like

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

09/06/2026

FBR revises customs values for imported ammunition vide VR No2087/2026

09/06/2026

The importer availed inadmissible exemption/concession under Clause (2) and Clause (3) of S.R.O. 678(I)/2004 dated 07.08.2004. Whereas conditions with reference to aforesaid clauses of the S.R.O clearly stipulate that only such goods shall be entitled to the exemption by a company other than an E&P company, for its own use or its contractors, sub-contractors and service companies for its projects of oil and gas exploration and production, refinery, oil and gas pipeline, liquefied petroleum gas (LPG), compressed natural gas (CNG), Liquefied Natural Gas (LNG) petroleum terminals, energy conservation, environment and safety controls.

Further, without prejudice to above, the imported goods also fall within the ambit of C.G.O No. 11/2007 dated 28.08.2007, being locally manufactured.

In view of above, Sui Northern Gas Pipelines Limited by availing inadmissible exemption/concession under S.R.O. 678(I)/2004 dated 07.08.2004, have evaded/short paid custom duty Rs  306,505,803/-, sales tax Rs 52,163,342/-, additional sales tax Rs 9,195,174/- and income tax Rs 20,922,277/- totaling Rs 388,786,596/-.

According to sources, the customs adjudication has issued a show cause notice to the importer and summoned the company’s representatives for contesting the arguments to decide the issue.

 

 

Related Stories

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

byCT Report
09/06/2026

GWADAR: Cross-border trade between Pakistan and Iran through the Gabd-Rimdan crossing has stopped, leaving hundreds of LPG vehicles stranded and...

FBR revises customs values for imported ammunition vide VR No2087/2026

byCT Report
09/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

byCT Report
09/06/2026

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Punjab sets outline of Rs5.13 trillion budget for FY 2026-27

byCT Report
09/06/2026

LAHORE: The Punjab government has finalized the broad contours of its budget for the fiscal year 2026–27, with the total...

Next Post

Customs Court hears 19 cases on Friday including smuggling, narcotics

  • 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.