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Customs Court approves challan against M/s Lucky Star Steel Industries & M/s Steel Co

byM.B. Rana
11/06/2019
in Karachi, Latest News
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KARACHI: The Customs Court approved interim charge sheet against Umer Farooq, owner of M/s Lucky Star Steel Industries, Muhammad Ibrahim, owner of M/s Steel Co and others, who are booked for illegal removal of in-bonded plastic moulding (compound) & secondary galvanized steel coils and evaded duties and taxes.

On June 03, 2019, investigation officer of Appraisement East submitted interim charge sheet before the court and informed that the consignments of iron steel sheets/coils imported and in-bonded warehouse of M/s General Services have been illegally removed by the above mentioned importer in connivance with the warehouse keeper and their accomplices without payment of leivable duties and taxes and without filing ex-bond goods declaration.

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He further submitted that on information, a team of customs department raided the said warehouse location and during the raid, it was revealed that two consignments weighing 1002310 kg iron steel coils/sheets from M/s Lucky Star Steel Industries and 495000 kg plastic moulding from M/s Steel Co have been removed from the warehouse illegally without payment of leviable customs duties and other taxes.

He revealed that after the formalities, two separate cases were registered against owner of M/s Lucky Star Steel Industries, Muhammad Idress and Muhammad Arif, warehouse keepers and others for illegal removal of in-bonded goods without filing of ex-bond GD, thus evading legitimate government revenue.

After the hearing, court approved interim charge sheet and fixed case for regular hearing.

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