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

Director Yaqoob for not taking action against M/S Symbol as taxes recovered

byBari Hamza
08/04/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Intelligence and Investigation-Enforcement Director Muhammad Yaqoob Mako has advised the Appraisement-West to not take action against M/S Symbol Industries Private Limited, as differential amount of duty/taxes has been collected.

The director further asked to implement the Order-in-Appeal passed by the Customs Appeals collector in an appeal filed by the importer M/S Symbol Industries, Karachi against the Order-in-Original (ONO) No 487/2015 dated February 23, 2016 passed by Customs Adjudication deputy collector.

You might also like

Finance Minister reviews proposed roadmap for gas sector restructuring, deregulation

19/10/2026

Portuguese ambassador calls for stronger economic partnership with Pakistan

19/10/2026

The Customs Appeals collector vide in Appeal Order 786/2016 has set aside the redemption fine and penalty imposed on the importers and clearing agents vide the impugned ONO on the grounds that there has been no mis-declaration in the instant impact and the goods are found, as importer has submitted pay orders for the principal amount, which was short levied.

Therefore, Customs Intelligence-Enforcement Director Muhammad Yaqoob Mako has advised the Appraisement-West to not to pursue the matter further in view of the fact that no mis-declaration of description i.e tale master batch was observed during the course of physical examination and that the importers voluntarily deposited principal amount. This directorate is of the opinion that no further appeal against the impugned order of the Customs Appeals is necessitated.

Director Yaqoob Mako has also enclosed the pay order in original for Rs 954,570 and Rs 20,322 respectively for deposit in government treasury after re-assessment of GD no KAPW-HC 132586 Meanwhile the GD has been de-blocked for re-assessment by the collectorate, added Maku.

Related Stories

Finance Minister reviews proposed roadmap for gas sector restructuring, deregulation

byCT Report
19/10/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday chaired a high-level meeting to review the proposed...

Portuguese ambassador calls for stronger economic partnership with Pakistan

byCT Report
19/10/2026

KARACHI: Ambassador of the Republic of Portugal to Pakistan, Mr. Paulo Domingues, has called for a major transformation in Portugal-Pakistan...

Hyderabad Customs detains three oil tankers carrying 20,000 litres of fuel over tracking discrepancies

byCT Report
19/10/2026

HYDERABAD: Collectorate of Customs team has detained three oil tankers carrying approximately 20,000 litres of petrol and high-speed diesel (HSD),...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

Next Post

RTO-II recovers Rs 5.5m from two companies

  • 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.