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Home Breaking News

Mis-declaration: Customs court calls progress report against M/s Electromed Corp on & M/s Rempex Trading

byM.B. Rana
16/10/2020
in Breaking News, Karachi, Latest News
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KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress reports against directors, partners of M/s Electromed Corporation, M/s Rempex Trading and others, who were nominated in mega mis-declaration scam.

On 14 October 2020, investigation officer of Customs Collectorate Appraisement and Facilitation West submitted first information report (FIR) against the above mentioned importers and informed the court that M/s Electromed Corporation imported a consignment from USA and field WeBOC goods declaration amounting to US$ 12, 250 without mentioning part/serial number issued by M/s YAM Global FZE LLC, UAE in favour of importer.

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He submitted that importer filed goods declaration though its clearing agent namely M/s Rempex Trading, however, during re-examination of goods, in result, description, part numbers, origin mentioned in the found invoice matched with the imported goods, it is pointed out that the document filed with the Collectorate indicates address of the importer and the found invoice also indicates the same address, hence, invoice furnished/ scanned with the goods declaration has been proved to be false and fabricated one, deliberately filed by importers causing under-invoicing of the goods by 1852.10 percent.

He argued that the above mentioned importers in connivance with their customs agent have grossly mis-declared the goods for evading government’s legitimate revenue amounting of Rs14.2 million, therefore, first information report has been lodged against them and investigation is underway.

After the hearing, the court took FIR into court record and directed the investigation officer to complete the investigation and submit progress report against them on the next date of hearing.

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