KARACHI: Collector Collectorate of Customs Adjudication one has prepared a show-cause notice against M/s BM Enterprises for allegedly causing a loss of Rs 1.62 million to the national exchequer by way of mis-declaration of classification.
According to sources, M/s BM Enterprises imported a consignment of plastic show piece cleared by mis-declaring the classification of the imported goods under Pakistan Custom Tariff (PICT) from Pakistan International Container Terminal (PICT) through their clearing agent namely M/s Furqan Shipping by availing undue/ inadmissible benefit/ exemption of sales tax vide S. No. 42 of Table.
It is pertinent to mention here that M/s BM Enterprises itself has imported identical/same import under correct PCT heading 2365.9530. Apart from it, all other importers of different kind of sheets have either been declared by the importers or assessed by the Collectorates.
Accordingly, an audit observation was issued to the said importer. The importer was requested to submit the reply by 29 September. Instead the importer vide their letter requested for extension of 15 days in submitting the reply.
