KARACHI: In the month of present February, Customs Adjudication-II has sent five final notices to the defaulter companies.
Source told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s M.M Enterprises and recovered Rs4.25million from M/s Nasir Hosiery Karachi on Monday.
M/s M.M Enterprises was allegedly involved in tax evasion. The company imported hard plastic dinner sets and different kitchen accessories on December 12, 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 Rs6.50million.
Source said that another company M/s Nasir Hosiery Karachi got cleared a consignment of T-Shirt cloths in jersey on December 18 and evaded tax amount of Rs4.25million.
After the investigation, Customs Adjudication-II served a show cause notice on the company on December 28, but it failed to clear the arrears.
The Collector Customs Adjudication-II issued a final notice to the company on January 22, 2018. After receiving the notice, the company deposited Rs4.25million in favor of the Customs Department on Monday.
