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 Lahore

Customs Appellate Tribunal sets aside ONO on appeal filed by M/s Shengshan Resource Pvt Ltd

bySajid Nawaz
18/12/2018
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Customs Appellate Tribunal set aside Order-in-Original issued by Customs Adjudication on an appeal filed by M/s Shengshan Resource Private Limited. The appeal was filed by Deputy Director, Post Clearance Audit (PCA).

Muhammad Sadiq, member technical bench-II, heard the arguments submitted by the appellant and respondent and decided the case with arguments that impugned order is set aside and ordered the customs department to collect duties and taxes evaded by the importer who mis-declared the goods.

You might also like

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

15/05/2026

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

15/05/2026

As per brief facts of case, Directorate Post Clearance Audit (PCA) detected that M/s Shengshan Resource Private Limited imported steel, plastic bales for packing cotton lint and steel bars for packing cotton and got cleared these goods, availing the benefits of SRO and getting exempted duties and taxes.

During the scrutiny, it was observed that imported goods attracted customs duty @ 20 percent, sales tax @ 17 percent and income tax @ 5 percent and also charged Rs1,564,408 in customs duty Rs5,267,697 in sales tax and Rs1,812,707 under the head of income tax.

The adjudication proceeding culminated and order-in-original passed with remarks that after reading all the evidence produced by the importer it is concluded that charge levelled by the customs department was not established and show-cause notice being devoid of merit towards establishing the alleged mis-declaration and the consequent loss of government revenues.

Being aggrieved with the order, an appeal was filed before the Customs Appellate Tribunal on the grounds that order-in-original issued against the laws. Customs tribunal heard the case in detail and passed the fresh speaking order but the respondent denied allegations.

After hearing arguments Customs Appellate Tribunal set aside the ONO and ordered to recover all taxes and duties from the importer.

Related Stories

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

byCT Report
15/05/2026

ISLAMABAD: Cotton and lint prices surged as Pakistan’s ginning cycle began in the second week of May for the first...

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

byCT Report
15/05/2026

RAWALPINDI:The Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday urged the government to withdraw the ongoing smart lockdown restrictions...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

byCT Report
15/05/2026

ISLAMABAD: The government has decided to make the assets of top government officials public by December 2026 as part of...

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

byCT Report
15/05/2026

KARACHI: Investment in premium prize bonds in Pakistan increased by 24.30% in the year ended March 31, 2026, according to...

Next Post

Customs generates Rs13m through auction of 10 PM House vehicles

  • 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.