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Home Karachi

Appraisement-West AIB team to visit Islamabad to probe solar panels’ case

bySohail Rab
11/04/2015
in Karachi, Latest News, Slider News
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KARACHI: A two-member team of Appraisement-West’s Appraising Intelligence Branch (AIB) comprising Sher Khan and Anwar Zaib will leave for Islamabad next week to investigate the solar panels’ case pertaining to the importer M/s Right Way Trading Company.

According to details, the Special Courts of Customs and Taxation has ordered the customs authorities to investigate the matter pertaining to the mis-declaration committed by the importer M/s Right Way Trading Company in importation of solar panels by quoting inappropriate PCT heading in clearance of the consignments.

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The AIB had booked the importer M/s Right Way Trading Company in the tax evasion case a few months ago. According to customs authorities, the accused importer through mis-declaration imported solar panels and evaded millions of rupees worth of revenue in terms of sales tax and income tax.

Later, the importer M/s Right Way Trading Company moved the court for defending the allegations and stated that the consignments containing solar panels had an authority letter of the Alternative Energy Development Board (AEDB).

Following the court’s orders, the AIB officials will leave for Islamabad next week in order to check the veracity of the imported consignment by the Alternative Energy Development Board (AEDB).

The authorities concerned disclosed that the AIB will investigate the matter thoroughly and then submit a cohesive report before the honourable court.

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