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Home Karachi

Appraisement East submits challan against M/s M.I. Traders

byM.B. Rana
07/09/2018
in Karachi, Latest News
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KARACHI: Investigation Officer of Customs Collectorate of Appraisement East submitted interim charge-sheet to Customs Court against importers namely Muhammad Saleem son of Muhammad Hussain, Noor Ahmed son of Muhammad Hussain, Muhammad Ayaz Khan son of Sher Afzal, who were booked in a mega tax evasion case.

On September 6, 2018, Investigation Officer Ashfaq-ur-Rehman submitted interim challan and informed the court that M/s M.I Traders imported a consignment of Hazelnut Spread (Nutella) from Turkey and filed goods for clearance.

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He said that a credible information was received in R&D section (Intelligence & Investigation Unit) that M/s M.I. Traders has grossly mis-declared C&F value of the impugned goods submitting fake and fabricated import invoice & packing list and has succeeded in getting clearance thereof evading precious government revenue.

He submitted that during the investigation, it was revealed that actual transaction C&F value of the impugned goods is US$ 39,707.66 as against $17,236.80 mis-declared by the importers in their under reference import goods declaration and supported with a fake import invoice.

He further informed that accused namely Muhammad Ilyas, partner of M/s M.I Traders and Muhammad Hanif son of Muhammad Hussain, importer/partner of firm, are still absconders in this case and prosecution is trying its best to arrest them.

According to the prosecution, a case was registered for evasion of duties and taxes through submission of fake and forged documents showing under invoiced/suppressed transaction value of the goods and violation of Section 32-A, 79, & 192 of the Customs Act, 1969 punishable under Clause 14A, 46 & 86 of Section 156 (1) of the Customs Act, 1969 read with allied laws.

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