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Mis-declaration: Customs court takes FIR on record against M/s Arsalan Company

byM.B. Rana
19/01/2021
in Karachi, Latest News
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KARACHI: Investigation officer of Model Customs Collectorate Appraisement & Facilitation Port Muhammad Bin Qasim Karachi has submitted first information report against owner/ partners of M/s Arsalan Company and others for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value.

On 18 January 2021, investigation officer submitted FIR and informed the court that M/s Arsalan Company electronically filed goods declarations through their clearing agent M/s Jazee International for the imports of consignments declared to contain NGK brand spark plugs for 4 wheelers of Japan Origin, beside other items, at a declared invoices value US$ 110,903.03, 187, 904. 64 and 53, 890.30 total value of US$ 352, 697.98 and determined his liability of payment of applicable duties & taxes and sought clearance under section 79(I) of the customs act, 1969. The goods declaration was selected through the system for examination, on examination the declared description and part number were verified and spark plugs for four wheelers were assessed on available evaluation ruling which was meant for non-iridium carbon tips spark plugs for Japan Origin.

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Investigation officer further submitted that during the investigation, it was established that the above-mentioned importer with active connivance of his clearing agent has mis-declared the description by not declaring the correct information regarding constituent material of spark plugs tip aiming to defraud the national exchequer of its legitimate revenue to the tune of Rs63,039,664 willfully and with mala fide intention on account of customs duty and other taxes.

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

 

 

 

 

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