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Home Breaking News

Customs Exports issues bank account attachment notice to recover govt dues

bySohail Rab
14/01/2015
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Special Recovery Cell of Model Customs Collectorate-MCC (Exports) in its continuous efforts towards recovering the government dues has also issued bank account attachment notice against an individual namely Muhammad Taufiq in his alleged involvement in evading an amount of Rs0.5million (Rs500,000).

According to details, the Assistant Collector Dr Jam Muhammad Imran while following the directives of Collector-MCC Exports Manzoor Memon has issued notice under Section 48(I) (CA) of Sales Tax Act, 1990 for attachment of bank account of an individual namely Muhammad Taufiq to the following branches namely Faysal Bank Limited located at New Neham Road; Faysal Bank Limited Branch situated at 106 Walton Sales office, Lahore; Royal Bank of Scotland branch of 16-Abdullah Haroon Road and Standard Chartered Bank Main Branch located at I I Chandigarh Road.

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It is pertinent to mention here that the attachment notice has been issued under the Recovery Rules to the aforesaid mentioned bank branches in which the accounts of an individual namely Muhammad Taufiq existed.

In the notice, it was stated that the powers have been conferred to the MCC-Exports under Section 48 (I) (CA) Sales Tax Act, 1990 for attachment of bank account of above mentioned named registered firm maintained with the above bank branches, if any, with immediate effect till the amount of duty/taxes is paid or recovered in full.

The Special Recovery Cell (SRC) of MCC-Exports was also requested to the relevant bank branches to which the notices against Muhammad Taufiq being issued to attach the bank account of an individual namely Muhammad Taufiq with immediate effect under intimation to this office for further action.

Furthermore, the available amount in the above mentioned account may also be transferred to the Collector, MCC-Exports in the shape of pay order forthwith so that the same may be deposited in government treasury.

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