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

Customs Adjudication to issue notice to M/s Sufiyan Chemicals for mis-declaration of Rs 1.62m

byWaqar Ahmed Ansari
16/09/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Collector, Collectorate of Customs Adjudication, has prepared a show-cause notice against M/s Sufiyan Chemicals for allegedly causing the national exchequer a loss of Rs1.62million by way of mis-declaration of classification, it is learnt.

According to sources, the PCA Directorate had found that M/s Sufiyan Chemicals imported three consignments of different chemicals and got them cleared by mis-declaring classification of the imported goods under the PCT 2009.8600 from Customs Port Bin Qasim Karachi through its clearing agent named M/s Danish Traders to avail the Sixth Schedule of the Sales Tax 1990 whereas the imported goods were correctly classifiable under the PCT 2007.9900.

You might also like

ICCI President visits GICC, explores avenues for Pakistan-China business collaboration

30/04/2026

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

It is pertinent to mention here that M/s. Sufiyan Chemicals itself has imported identical/same import under the correct PCT heading 2017.9910. Apart from it, all other importers of different chemicals have either been declared by the imports or assessed by the Collectorates under PCT 2017.9910.

M/s Sufiyan Chemicals are held to have intentionally and willfully caused the national treasury a loss of Rs1.62million. Now the show-cause notice has been prepared that would be dispatched to the importer asking it as to how and on what basis it did tax evasion. It is mentioned here that it was the 4th show-cause notice issued by Adjudication-I to defaulters companies.

Related Stories

ICCI President visits GICC, explores avenues for Pakistan-China business collaboration

byCT Report
30/04/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, visited the Guangzhou International Cooperation Center (GICC)...

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

Federal Tax Ombudsman detects major tax system hack involving fake GST claims

byCT Report
30/04/2026

LAHORE: The Federal Tax Ombudsman (FTO) has exposed a significant cyber intrusion into Pakistan’s tax system, resulting in the unauthorized...

Challenges turned into opportunities by building shipping resilience: Junaid

byCT Report
30/04/2026

KARACHI: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry says Pakistan can emerge as a rising regional economic power through...

Next Post

Islamabad AFU generates more CD during 14 days than yesteryear's

  • 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.