Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
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
Share on FacebookShare on Twitter

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.

You might also like

Pakistani olive oil brand wins gold medal at London competition

03/07/2026

Abbasi meets Gujrat Chamber delegation

03/07/2026

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.

Related Stories

Pakistani olive oil brand wins gold medal at London competition

byCT Report
03/07/2026

LONDON: A Pakistani premium olive oil brand has brought international recognition to the country after winning a gold medal at...

Abbasi meets Gujrat Chamber delegation

byCT Report
03/07/2026

ISLAMABAD: Federal Minister for Railways Muhammad Hanif Abbasi on Friday met with a delegation of the Gujrat Chamber of Commerce...

FBR tightens monitoring of bonded POL warehouses to prevent unauthorised fuel movement

byCT Report
03/07/2026

LAHORE: The Federal Board of Revenue (FBR) has tightened monitoring of public bonded warehouses handling petroleum, oil and lubricants (POL)...

PM Shehbaz hails FBR for surpassing historic revenue target

byCT Report
03/07/2026

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday lauded senior officers of the Federal Board of Revenue (FBR) for surpassing...

Next Post

RTO sales tax collection up 75pc  in 7 months

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.