KARACHI: The Model Customs Collectorate (MCC) of Export has halted issuance of rebate claims to Atlas Honda Company, Indus Motors Limited and others automotive companies, it is learnt.
Sources informed Customs Today that the issuance of rebate claims to those automotive companies have been stopped on the directives of the FBR, as they have enjoyed double benefits under SRO-565(I)/2006 and SRO-209(I)/2007.
Sources revealed that MCC Export Collector Manzoor Memon has asked the authorities concerned to scrutinise the import and export data of those automotive companies including Atlas Honda Motors, Indus Motors before issuance of rebate claims.
“The automotive parties, particularly Indus Motors and Atlas Honda, are enjoying double benefit in rebate claims and this is why the Pakistan Customs authorities have decided to check the import and export data of those parties and then to issue the rebate claims,” they added.
The sources further disclosed that the MCC-Export has faced pressure as the companies are using their influence to get the rebate claims issued.
The exporters have already demanded to decrease the rate of duty drawback on the basis of the fluctuation in dollar rates in previous and present years.
