KARACHI: The Appraising Intelligence Branch (AIB) of Model Customs Collectorate of Appraisement-West has been continuing its recovery process from the importers in connection with the misusing of SRO551(I)/2008.
In its untiring efforts, the officials of the AIB MCC Appraisement-West have recovered an amount to the tune of Rs0.35 million from different importers for misusing the SRO551(I)/2008 in clearance of Pharma raw material under declared PCT heading 2933.5940 and 2933.5990.
The AIB/R&D of MCC-Appraisement West through demand notices has recovered Rs 0.12 million from the importer M/s Prix Pharmaceutical in misdeclaration of duty/taxes in Goods Declaration No: KAPW-HC-165763.
The AIB also recovered the legitimate duty/taxes of Rs 0.118 million from the importer Epharm in the alleged involvement of misdeclaration in clearance of the pharmaceutical raw material under SRO551(I)/2008 through GD No: KAPW-HC-147379.
The AIB has also recovered an amount of Rs 0.115 million from the same importer i.e. M/s Epharm in its alleged involvement in clearance of Pharma raw material through GD No: KAPW-HC-82241.
The AIB/R&D of MCC Appraisement-West has already recovered an amount of Rs 2.3million from the importer Standpharm in clearance of Ibuprofen through misusing of SRO551(I)/2008.
It is pertinent to mention here that the AIB/R&D on the directives of Collector-MCC Appraisement Muhammad Saleem has started a crackdown operation against the importers of pharmaceuticals raw material, who was misusing the SRO551 in clearance of Pharma raw material under PCT Headings 2933.5940 and 2933.5990.
Sources informed Customs Today that the scrutiny of the import data of the clearance of pharmaceutical raw material is underway and more recoveries were likely to be expected from importers who have misused the SRO551(I)/2008.
