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Home Karachi

Collector Basit issues show-cause notice to M/s Abdullah Impex for tax evasion

byAftab Channa
18/03/2016
in Karachi, Latest News
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KARACHI: Collector, Collectorate of Customs Adjudication-I Abdul Basit Chaudhary has issued a show-cause notice to M/s Abdullah Impex for evading taxes/duties to the tune of some Rs 849,099 by availing undue benefits of SRO 659(I)/2007 on import of uncoated polyester film (milky white).

According to details, during the audit of import clearances made under different concessionary SROs, it has been found that M/s Abdullah Impex, imported consignment of uncoated polyester film (milky white) and availed 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.

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In identical imports made by the other importers, assessing group has categorically rejected the declared PCT heading i.e. (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 (milky white) 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. Abdullah Impex, Karachi with active involvement of their Clearing agent M/s Junaid Enterprises has willfully and knowingly misdeclared the imported goods under PCT heading 3920.6310 in order to avail the concessionary rate of duty duties/taxes.

In this regard, the Collector, Adjudication-I has called upon the importer to justify their point of view in availing the said benefits.

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