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Home Breaking News

Customs Adjudication to hear Commander Agro tax evasion case of Rs 7m on Feb 25

byImran Ali
24/02/2015
in Breaking News, Latest News, National
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MULTAN: Customs Adjudication will hear tax evasion case of Rs 7 million by Commander Agro Private Limited on February, 25.

The Commander Agro is a renowned company for agricultural services and their by-products and is one of the largest agricultural companies in southern Punjab which provides agro chemicals, feed and agricultural commodities. The company had imported zinc sulphate worth Rs 25 million a few months ago.

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The company imported several consignments of zinc sulphate monohydrate for manufacturing of feed grade. The price of lambda-cyhalothrin was US $36 per kg while the price of zinc sulphate monohydrate was US $23 per kg. The company tried to evade Customs duty tax of Rs 7 million through miss declaration.

During the chemical examination it was found that the accused company Commander Agro has miss declared the import. It declared chemical zinc sulphate monohydrate instead of lambda-cyhalothrin. Dry Port Multan detected miss declaration of chemical in import during laboratory examination after confirmation of miss declaration Customs Collectorate Multan has sent contravention report to the Customs Adjudication.

Tags: Commander Agro

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