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

Adjudication-II recovers Rs 6m from M/s Rana & Sons Karachi

byWaqar Ahmed Ansari
12/02/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Collector Customs Adjudication-II Tahir Qureshi has shown outstanding performance by taking actions against tax defaulters during the month of January and this procedure is still on during the month of February.

Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s JSM Enterprises and recovered Rs 6 million from M/s Rana and Sons Karachi.

You might also like

“Young entrepreneurs can reshape Pakistan’s economic future”

17/10/2026

NBP inks MoU with PowerChina arm for green financing collaboration

17/10/2026

M/s JSM Enterprises was involved in tax evasion. The company imported different types of roll of black rexine  on November 14, 2017 and used the wrong PCT heading. After a careful investigation, the Customs Adjudication-II issued a final notice to the company and cleared the outstanding amount of Rs 8.14 million.

Source said that another company M/s Rana and Sons got cleared a consignment of imported instant powder milk on October 16 and evaded tax amount of Rs 6 million.

After the investigation, Customs Adjudication-II served a show cause notice on the company on November 17, but it failed to clear the outstanding tax amount. Collector Customs Adjudication-II issued a final notice to the company on December 28, 2017. But company took time to submit amount. After receiving the notice, the company deposited Rs 6 million in favor of the Customs department on 7th  February, 2017.

 

Related Stories

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

NBP inks MoU with PowerChina arm for green financing collaboration

byCT Report
17/10/2026

LAHORE: National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co....

FBR implements faceless tax audit and assessment system from October 15

byCT Report
17/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new framework for conducting tax audits, assessments and related proceedings...

Pakistan explores new funding options with three UAE Banks to ease debt pressure

byCT Report
17/10/2026

ISLAMABAD: Finance Minister Muhammad Aurangzeb held separate meetings with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank and Ajman...

Next Post

Customs Appellate Tribunal summons parties on cases filed by Klaguardia Logistics, Trade Masters

  • 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.