FAISALABAD: Collectorate of Customs Adjudication Deputy Collector Asma Hameed ordered M/s Hascol Petroleum Ltd, Faisalabad to deposit the short paid duty and taxes amounting to Rs 440,380 in national exchequer.
The deputy collector heard a case against the company registered by Faisalabad Customs Intelligence and Investigation on allegedly evading duty/taxes on high speed diesel. She also issued Order-in-Original (ONO) in favour of the customs department and directed the respondent to deposit outstanding amount.
As per details, an audit officer found some discrepancies in import data of the company and M/s Parco as it filed Goods Declaration No EB-19, declaring 128,365 litres of HSD and paid duty and taxes accordingly.
However, the record of M/s PARCO showed that the company had obtained delivery of 144,534 litres of HSD resultantly duty and taxes for 16,169 litres HSD were not made. The company allegedly evaded Rs 91,914 customs duty, Rs 223,965 sales tax, Rs 124,501 as PDL on remaining 16,169 litres of diesel. The total duty/taxes amounting to Rs 440,380 were evaded.
Later, the case was sent to the Customs Adjudication submitting that M/s Hascol Petroleum has deposited less duty and taxes at Port Qasim Karachi on the import of diesel.
The respondent contended that it was due to mistyping of quantity. It further requested that the duty and taxes already paid at Port Qasim Karachi in advance and accordingly requested to adjust this excess payment against the short payment of the duty and taxes in the subject case at Faisalabad Dry Port.
The adjudication authority rejected the request stating, “The request of licensee is not acceptable because the licensee is legally bound to make payments at the Ex-bonding stations under relevant rules notified vide SRO 450(1). So the licensee is directed to deposit the short paid duty and taxes amounting to Rs 440,380 in the national exchequer”.
