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Collector Ranjha adjourns tax evasion case of SM Food Company  

byImran Ali
12/11/2014
in Latest News, National
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MULTAN: Collector Adjudication Saleem Ahmad Ranjha adjourned for an indefinite period the misdeclaration of customs duty evasion case of Rs 4.7 million by Saim Mobeen Food Maker Company.

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The food company was allegedly involved in the misdeclaration of imported steel iron rods used in baking of biscuits.

The company has moved an application for the verification of invoices with original invoices from the Karachi Port Qasim provided by the Customs Intelligence and Investigation.

The invoices recovered by the Customs Intelligence and Investigation will be matched with the invoices presented at the Karachi Port Qasim for clearance of their goods declaration.

On the hearing, the food company’s lawyer gave arguments about the import invoices and asked for their verification.

Food company owner Zulfiqar Anjum and manager Waseem Shehzad are implicated in the case.

The food company has evaded customs duty worth Rs 4.7 million through misdeclaration of imported goods by presenting an invoice of 12700 euros instead of 127,000 euros.

Both Zulfiqar Anjum and Waseem Shehzad got bail on the submission of principal amount worth Rs 4.7 million in the Special Court Customs Lahore.

Collector Adjudication Saleem Ahmad Ranjha will decide the case after the verification of the invoices. If the invoices are failed to prove them innocent the imported steel iron rods will be confiscated.

 

 

 

Tags: AdjudicationCollector Adjudication Saleem Ahmad RanjhaKarachi Port QasimSaim Mobeen Food CompanySpecial Court Customs Lahore

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