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Home Karachi

Adjudication-II recovers Rs 6.48m from M/s Usman Textile & Exports

byWaqar Ahmed Ansari
27/01/2018
in Karachi, Latest News
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KARACHI: The Customs Adjudication-II showed excellent performance by taking actions against tax defaulters and issuing notices during the 25 days of January.

Sources told Customs Today that the Customs Adjudication-II served a final notice on a defaulter company named M/s Usman Textile and Export Karachi and recovered Rs 6.48 million from M/s Sarfaraz Handicrafts Hyderabad.

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M/s Usman Textile and Export Karachi was involved in the tax evasion. The company imported a consignment of used and new digital cameras on November 14, 2017 and used the wrong Pakistan Custom Tariff heading.

After a careful investigation, the Customs Adjudication-II issued a final notice to the company and got cleared the outstanding amount of Rs 7.25 million.

Source said that another company M/s Sarfaraz Handicrafts got cleared a consignment of brass pipes and brass nuts bolts on November 8 and evaded tax amount of Rs 6.48 million.

After the investigation, Customs Adjudication-II served a show cause notice on the company on November 27 but it failed to get clear the outstanding tax amount.

Collector Customs Adjudication-II Tahir Qureshi issued a final notice to the company on January 2, 2018. After receiving the notice, the company deposited Rs 6.48 million in favor of the Customs Department.

 

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