KARACHI: The Sindh high court (SHC) has postponed the hearing of an appeal filed by customs collector through the additional collector, challenging the Appellate Tribunal’s order over alleged mis-declaration/ attempted of tax evasion by M/s Gum Corporation (Private) Limited.
The wase was fixed for hearing before a two-member bench headed by Justice Aqeel Ahmed Abbasi. However, the court adjourned the hearing due to shortage of time for the date which would be announced by the SHC office.
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Earlier, the counsel for the applicant stated that M/s Gum Corporation had imported a consignment of Glycerine & Triactin and filed two goods declarations for clearance of the goods $1.2525/kg and $1.1523/kg respectively, the value of the subject goods was determined under sub-section (9) of section 25 of the act $1, 55/kg (Glycerin) and $1.60/kg (Triacertin) respectively.
However, during the examination it was revealed that the importer committed gross mis-declaration on account of value of the goods whereas the actual value was determined under sub-section (9) of section (25) of the act. Show cause notice to the importer, however, importer filed appeal before the Appellate Tribunal which set aside the proceedings of the applicant.
M/s Citing Gum Corporation (Pvt) Ltd as respondent, applicant pleaded the SHC may declare that the Appellate Tribunal’s order is paternity illegal & definitely will encourage the unscrupulous importers for importing the goods with mis-declarations/ attempt of evasions of revenue.
