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Home Breaking News

Collector Javaid asks M/s ICI Pakistan to deposit Rs 21.1m evaded duties/taxes

byAftab Channa
15/01/2016
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: Collector, Collectorate of Customs Adjudication-II, Chaudhary Muhammad Javaid has issued an Order-in-Original No 138/2015-16 against M/s ICI Pakistan Limited for evading Rs 21.1 million on import of titanium dioxide by mis-declaration. A penalty of Rs 500,000 has also been imposed on the importer in this regard.

According to details, the Directorate of Post Clearance Audit, Customs Karachi, found that M/s ICI Pakistan Limited imported consignments of titanium dioxide by mis-declaring HS Code.

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In the ONO, Collector Chaudhary Muhammad Javaid stated that chemical analysis report produced by the respondent clearly indicates that the goods are not amorphous and there is crystal growth as a definite particle size exists.

Further the classification opinion of the World Customs Organization clearly states that titanium dioxide of anatase type, not surface treated, falls under HS Code 3206.11. In the light of afore-stated facts the goods are correctly classifiable under HS Code 3206.1100.

“It is established that the respondent mis-declared the classification of the titanium dioxide to get the undue benefits and therefore, the charges leveled in the show cause notice stand established”, the ONO added.

“Therefore, in exercise of powers conferred upon me under section 32(I) and 32(3)(A) of the Customs Act, 1969 the respondent namely M/s ICI Pakistan Limited ICI House West Wharf Road Karachi are directed to deposit the duty and taxes amounting to Rs 21.1 million into the government treasury. A penalty of Rs 500,000 is also imposed on the respondent namely ICI Pakistan Limited  in terms of Clause 14 of Section 156(I) of the Customs Act, 1969”, it concluded.

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