LAHORE: The Collectorate of Customs Adjudication-I has issued a show cause notice to M/s MT Forwarding Agency for importing vacuum warmer food consignments through mis-declaration and availed unlawful concessions under SRO 659 and evaded taxes/duties amounting to Rs 1.6 million.
Sources informed Customs Today that Directorate of Post Clearance Audit scrutinized all the record of the consignments during which they found that M/s MT Forwarding Agency availed unlawful concessions and benefits by availing SRO 659 and caused a loss of Rs 1.6 million to the national kitty.
After detecting tax evasion Post Clearance Audit authorities forwarded the case to Customs Adjudication who summoned the management of MT Forwarding Agency on May 31st to explain their position on the above said issue.
