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 Breaking News
Symbol of law and justice in the empty courtroom, law and justice concept.

Symbol of law and justice in the empty courtroom, law and justice concept.

Customs court approves progress report against directors of M/s Ali & Company in mis-declaration scam

byM.B. Rana
31/03/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court approved progress report against suspect namely Muhammad Saqib Butt son of Amanullah Butt and Ali Aslam son of M Aslan, directors of M/s Ali & Company for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value.

On 29 March 2021, during the hearing, investigation officer of Model Customs Collectorate Appraisement & Facilitation Port Muhammad Bin Qasim Karachi submitted progress report and informed that M/s Ali & Company electronically filed goods declaration through their clearing agent M/s Jazee International for the import of consignment declared to contain NGK brand spark plugs for 4 wheelers of Japan Origin, beside other items, at a declared invoices value US$ 102, 881.63.

You might also like

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

15/08/2026

Rs563m bank cheques dishonored during FY 2020-21, says report

15/08/2026

He further submitted that the importer determined his liability of payment of applicable duties & taxes and sought clearance under section 79(I) of the customs act, 1969. The goods declaration was selected through the system for examination, on examination the declared description and part number were verified and spark plugs for four wheelers were assessed on available evaluation ruling which was meant for non-iridium carbon tips spark plugs for Japan Origin.

Investigation officer further submitted that during the investigation, it was established that the above-mentioned importer with active connivance of his clearing agent has mis-declared the description by not declaring the correct information regarding constituent material of spark plugs tip aiming to defraud the national exchequer of its legitimate revenue to the tune of Rs. 15, 260, 014 willfully and with mala fide intention on account of customs duty and other taxes.

After the hearing, court took progress report on court record and adjourned the hearing for regular proceedings.

Tags: Customs CourtM/s Ali & Co

Related Stories

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

byCT Report
15/08/2026

ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...

Rs563m bank cheques dishonored during FY 2020-21, says report

byCT Report
15/08/2026

LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...

FBR slaps new daily fines on delayed customs clearance starting Oct 1

byCT Report
15/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new graded penalties for delays in filing goods declarations and clearing...

Pakistan’s foreign exchange reserves rise by $14m to $22.5b

byCT Report
15/08/2026

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $14 million during the week ended August 7, 2026, reaching $22.498...

Next Post

Pakistan sells $2.5 billion in three-tranche bonds

  • 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.