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 Breaking News
Symbol of law and justice in the empty courtroom, law and justice concept.

Symbol of law and justice in the empty courtroom, law and justice concept.

Customs court approves progress report against directors of M/s Ali & Company in mis-declaration scam

byM.B. Rana
31/03/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court approved progress report against suspect namely Muhammad Saqib Butt son of Amanullah Butt and Ali Aslam son of M Aslan, directors of M/s Ali & Company for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value.

On 29 March 2021, during the hearing, investigation officer of Model Customs Collectorate Appraisement & Facilitation Port Muhammad Bin Qasim Karachi submitted progress report and informed that M/s Ali & Company electronically filed goods declaration through their clearing agent M/s Jazee International for the import of consignment declared to contain NGK brand spark plugs for 4 wheelers of Japan Origin, beside other items, at a declared invoices value US$ 102, 881.63.

You might also like

ICCI President warns of economic slowdown due to restrictive policies

16/04/2026

KP govt database allegedly leaked on dark web

16/04/2026

He further submitted that the importer 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.

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 Rs. 15, 260, 014 willfully and with mala fide intention on account of customs duty and other taxes.

After the hearing, court took progress report on court record and adjourned the hearing for regular proceedings.

Tags: Customs CourtM/s Ali & Co

Related Stories

ICCI President warns of economic slowdown due to restrictive policies

byCT Report
16/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood has expressed grave concern over the escalating challenges faced...

KP govt database allegedly leaked on dark web

byCT Report
16/04/2026

PESHAWAR: A database allegedly linked to a Khyber Pakhtunkhwa government website has been shared on the dark web, raising concerns...

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

PRA collects over Rs250 billion in nine months of FY-2026

byCT Report
16/04/2026

LAHORE: The Punjab Revenue Authority has released data for tax collection during the first three quarters of the current fiscal...

Next Post

Pakistan sells $2.5 billion in three-tranche bonds

  • 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.