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Home Breaking News

Appraisement East submits FIR against M/s Younus Sons & M/s Shafi Dyeing in mis-declaration scam

byM.B. Rana
30/09/2020
in Breaking News, Karachi, Latest News
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KARACHI: The Customs Court approved physical remand of suspect namely Muhammad Fazal Noorani, proprietor of M/s Younus Sons, who was nominated in FIR for submission of fabricated invoice to evade legitimate government revenue.

On 28 September 2020, investigation officer submitted first information report (FIR) against the above mentioned suspect and Shaukat Ali, proprietor Shafi Dyeing and informed that during the course of audit/driver to nab the tax evaders, it has been found that M/s Shafi Dyeing imported a consignment said to contain reactive ink, assorted colors for textile printing with declared net weight 10,000 kg and declared value US$ 30,000 from Hong Kong and filed goods declaration though their authorized clearing agent M/s Younus Sons and paid the duties and taxes as per self-assessment made under HS Code 32-4.1600.

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He further informed the court that however, during the scrutiny of matte reveals that rate of duties and taxes are on higher side as compared with the paid duties and taxes under PCT 32.0.1990, it has been proved that above mentioned importer with the connivance of their clearing agent has mis-declared PCT heading of the goods while filing impugned GD by submitting fabricated documents and has committed an offence of deliberate evasion of revenue as defend under section 32 of the customs act, 1969, the evasion of duties and taxes in the subject case are amounting to Rs2,617,557.

He stated that FIR is lodged accordingly for in-depth investigation into the matter and to unearth the actual culprits involved in clearance of the consignment by submitting manipulated/ fabricated documents with deliberate mis-declared to evade legitimate revenue.

After the hearing, the court approved the above mentioned suspect and directed the investigation officer to produce him on the next date of hearing along with a progress report.

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