KARACHI: The Collectorate of Customs Adjudication-I has decided to issue show-cause notices to fabric yarn importers for their alleged involvement in violation of SRO-1125/2013, it is learnt.
The sources informed Customs Today that around 14 notices have been finalised by the authorities concerned and would be issued to the importers in the next week.
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The Model Customs Collectorate Appraisement-West had registered 50 cases and made contravention reports against the importers guilty of violating SRO-1125/2013 in importing fabric yarn on manufacturing licences.
Although, the Directorate of Customs Intelligence and Investigation-FBR, Karachi has lodged seven first information reports against the fabric importers and made around 10 contravention reports in this regard.
The Collectorate of Customs Adjudication-I has already issued around 35 show-cause notices against the importers for their involvement in violation of SRO-1125/2013 while more show-cause notices are likely to be issued.
Reportedly, several fabric yarn importers evaded million of rupees taxes by misusing SRO-1125/2013.
The Customs Adjudication-I has so far not issued any Order-in-Original (ONO) against these importers.
