KARACHI: The Custom Adjudication-II has served a final notice on a defaulter named M/s Nabeel and Company and recovered Rs 4.29 million from M/s Golo Woolen Textile Karachi.
M/s Nabeel and Company was allegedly involved in tax evasion. The company imported refrigerator parts, including condensers on September 14, 2017 and used the wrong PCT heading. The consignment was cleared by Examiner Shahid Ali Soomro.
After a careful investigation, the Customs Adjudication-II issued a final notice to the company to clear the outstanding amount of Rs 5.20 million.
Source told Customs Today that another company M/s Golo Woolen Textile Karachi got cleared a consignment of cotton and plain silk fabric on September 2 and evaded tax amount of Rs 4.29 million.
After the investigation, Customs Adjudication-II served a show cause notice on the company on September 18, but it failed to clear the outstanding tax amount.
Collector Customs Adjudication-II Tahir Qureshi issued a final notice to the company on October 6, 2017. After receiving the notice, the company deposited Rs 4.29 million in favor of the Customs Department.
Source said Collector Customs Adjudication-II Tahir Qureshi is investigating 12 more cases during the current month.
