ISLAMABAD: The Special Customs and Taxation Court has indicted a sole marketing company for Korean Samsung brand namely Smart Zone and a courier company, TCS following the charges of tax evasion and smuggling.
Chief Executive Smart Zone, Shakirullah, Directors of Smart Zone, Latifullah and Muhammad Asghar, while CEO TCS, Saqib Hamdani and Regional Manager Logistic Rawalpindi, Ghazanfar Gull were officially accused by the court. However, all the accused denied the authenticity of the allegation.
Therefore, Special Customs Judge Rana Aftab has directed the officials of the Customs Investigation and Intelligence to present the evidence against the suspects in next hearing.
It is important to mention here that both companies are facing the allegation regarding the smuggling of non-duty paid electronic items into the country.
Moreover, Customs Intelligence Rawalpindi had recovered smuggled items with Afghan Transit Trade stickers pasted on these items worth Rs 500 million from the godown the TCS located in the Rawalpindi in a raid.
Customs Intelligence had registered FIRs against the CEOs and other officers of the both companies as they could not produce any prove pertaining to the legal import of the recovered items.
Meanwhile, Customs Adjudication Islamabad had decided this case against the companies by imposing a penalty to the tune of Rs 110 million but the accused persons have appealed against the decision in the Customs Appellate Tribunal.
