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

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

ICCI hopes for business-friendly, export-oriented federal budget

22/05/2026

KP Food Authority holds training session on TFA

22/05/2026

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

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

ICCI hopes for business-friendly, export-oriented federal budget

byCT Report
22/05/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, has expressed the hope that the forthcoming...

KP Food Authority holds training session on TFA

byCT Report
22/05/2026

PESHAWAR: A training session on salt iodization, control of industrially produced Trans Fatty Acids (TFA), and loose edible oil was...

FBR proposes NTN, FTN & CNIC details in import cargo declarations

byCT Report
22/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed amendments to the Customs Rules, 2001 requiring importers to provide additional...

FBR revises customs values for imported artificial imitation jewelry vide VR No.2081/2026

byCT Report
22/05/2026

KARACHI: The Directorate General of Customs Valuation, Karachi, issued Valuation Ruling No. 2081/2026, replacing the earlier ruling No. 1871/2024 issued...

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.