KARACHI: The Customs Adjudication-I showed an excellent performance in the month of December. According to source, the adjudication has issued eight show cause and four final notices to defaulter companies in the current month.
The Customs Adjudication-I has retrieved Rs4.20million from M/s Rajjab and Sons Karachi. The company was allegedly involved in tax evasion. Sources told our reporter that Collector Customs Adjudication-I M Javed has issued a show-cause notice to said company for allegedly causing the treasury a loss of Rs4.20million by way of mis-declaration of classification.
M/s Rajjab and Sons imported a consignment of imported ladies silk fabrics and imported kids’ jeans, men’s wear jeans, and imported tee shirts from Malaysia & got them cleared by mis-declaring the classification under the Pakistan Custom Tariff (PCT) from the Pakistan International Container Terminal (PICT) through Examiner Mojeed-ur-Rehman.
The company allegedly availed undue and inadmissible benefit as well as exemption of sales tax. It is pertinent to mention here that M/s Rajjab and Sons itself has imported identical/same goods under the correct PCT heading 2409.2705. Apart from it, all other importers of different kinds of
Ladies’ silk fabric and imported kids’ jeans, men’s wears jeans and imported T-Shirts
have either been declared by the importers or assessed by the collectorates.
Earlier, the Customs Adjudication-I has recovered Rs5.98million from M/s Balti & Sons Karachi. The company was allegedly involved in tax evasion.
Source said the Customs Adjudication-I investigated seven more cases of defaulter companies and, after investigation, adjudication concerned will issue show cause and final notices to these defaulter companies.
