MULTAN: The Customs Adjudication has adjourned until February 2 the hearing into Rs 4.7 million misdeclaration case of SM Food Makers.
The Customs Adjudication had taken permission from the collector for extension of period to decide the case as it spanned almost 120 days.
The SM Food Makers is adopting delaying tactics by filing various applications in the case and has also filed a writ petition against the Customs Intelligence and Investigation.
SM Foods Maker Company owner Chaudhry Zulfiqar Anjum and Manager Waseem Shehzad are facing misdeclaration charges for the import of Austrian-origin carbon steel sheets (parts of industrial oven) through gross under-invoicing with the connivance of clearing agent.
The Customs Intelligence and Investigation has registered the case against the company for alleged evasion of Rs 4.7 million customs duty by presenting invoice of 12,700 euro instead of 127,000 euro.
The Lahore Special Customs judge had granted bail to Zulfiqar Anjum and Waseem Shehzad against the principal amount of tax evaded in the transaction.
