KARACHI: Collector Customs Adjudication-II Abdul Basit Chaudhary has issued a show-cause notice to M/s Flash Communication for evasion of over Rs 0.130 million tax by availing undue benefits of SRO 659(I)/2007 on import of uncoated polyester.
According to details, during the audit of import clearances made under different concessionary SROs, it has been found that M/s. Flash Communication imported four consignment of uncoated polyester film by mis-declaring the goods under PCT Heading 3920.6310, in order to avail the benefit of SRO 659(I)/2007 dated 30.08.2007, whereas the goods are correctly classifiable under PCT Heading 3920.6200 on which concessionary rate of duty/taxes is not available.
In identical imports made by the other importers, assessing group has categorically rejected the declared Classification of there goods under PCT heading 3920.6310 as well as claim of concessionary rate of Customs Duty @ 5% under SRO 659(I)/2007 dated 30.08.2007 on the ground that the imported items i.e. Uncoated Polyester film is correctly classifiable under PCT 3920.6200 chargeable to Customs Duty @ 20% Sales Tax @ 17% and WHT @ 6 %.
It is, therefore, clear that M/s. Flash Communication, Karachi with active involvement of their Clearing agent M/s Agility Logistic Pvt Ltd has willfully and knowingly misdeclared the imported goods under PCT heading 3920.6310.
The importer has called upon to contest the case.
