Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News
Stamp with word notice inside, vector illustration

Stamp with word notice inside, vector illustration

Customs Adjudication-I serves notice on M/s Zaghum Enterprises for evading taxes

bymahmood idrees
16/03/2016
in Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Adjudication-I Collector Abdul Basit Chaudhary has issued a show-cause notice to M/s Zaghum Enterprises on allegedly evading around Rs 200,000 by availing undue benefits of SRO 659(I)/2007 on import of uncoated polyester film.

The notice stated that during the audit of import clearances made under different concessionary SROs, it has been found that M/s Zaghum Enterprises imported consignment of uncoated polyester film and availed benefit of SRO 659(I)/2007 dated August 30, 2007, whereas the goods are correctly classifiable under PCT Heading 3920.6200 on which concessionary rate of duty/taxes is not available.

You might also like

PBC chairman links sustainable growth to equal opportunities for women

04/09/2026

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

04/09/2026

The notice further stated that in identical imports made by the other importers, assessing group has categorically rejected the declared classification of goods under PCT heading 3920.6310 as well as claim of concessionary rate of customs duty at 5 percent under SRO 659(I)/2007. On the ground that the imported item (uncoated polyester film) is correctly classifiable under PCT 3920.6200 chargeable to customs duty at the rate of 20 percent, sales tax at 17 percent and withholding tax at 6 percent.

The show cause notice added that “It is, therefore, clear that M/s. Zaghum Enterprises, Karachi with active involvement of their clearing agent M/s Haji Muhammad Enterprises willfully and knowingly mis-declared the imported goods under PCT heading 3920.6310 in order to avail the concessionary rates.

Hence, the collector has issued a show-cause notice to the importer asking for justification as to why the duties/taxes were short paid.

Related Stories

PBC chairman links sustainable growth to equal opportunities for women

byCT Report
04/09/2026

KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

byCT Report
04/09/2026

LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...

PAKISTAN-AFGHANISTAN-UNREST-BORDER

$2.5bn losses suffered due to closure of Pak-Afghan borders

byCT Report
04/09/2026

PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...

Cotton mills face daily losses of over Rs10m amid fumigation dispute

byCT Report
04/09/2026

ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...

Next Post

Punjab Excise decides to increase amount of prizes

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.