KARACHI: The Customs Adjudication-II has recovered Rs2.86million from M/s Safina Enterprises. The company was found involved in the tax evasion.
Sources told reporter that Collector Customs Adjudication-II Javed sent a show-cause notice to M/s Safina Enterprises for allegedly causing the government a loss of Rs2.86million by way of mis-declaration of classification.
M/s Safina Enterprises imported a consignment of used refrigerator Compressors and its parts which were cleared by mis-declaring the classification under Pakistan Custom Tariff (PCT) from Pakistan International Container Terminal (PICT). They allegedly availed undue and inadmissible benefit as well as exemption of Sales Tax.
It is pertinent to mention here that M/s Safina Enterprises itself has imported identical/same items under correct PCT heading 2547.5877. Apart from it, all other importers of refrigerator Compressors and its parts have either been declared by the importers or assessed by the collectorates.
It is necessary to mention here that Tahir Qureshi has been posted Collector, Collectorate of Customs (Adjudication-II)
