KARACHI: The Customs Court directed Collectorate of Appraisement East to complete investigation against Mehmood Iqbal, owner of M/s M.M Trading Co and others who are booked in a case of attempting to evade duties and taxes on the tune of Rs40,097,627.
On August 10, 2019, investigation officer submitted that credible information was received that the above mentioned importer and others have imported a consignment declared to contain second hand clothing (men’s wear ladies wear child wear HHR blankets) weighing 23400 kilogram declared to have been shipped from United Kingdom for clearance thereof through their authorized customs clearing agents M/s Ali Co.
He submitted that on that information, customs officials examined such consignment and found 100% polyester gents suiting fabric, cylinder liner for diesel engine different parts, cylinder liner for diesel engine parts, Honda genuine parts, brake shoe, rubber v-belt, men shoes, ladies heel sandals, Mitsubishi genuine vehicles body parts, packing material, mobile phones of different models and design/ origins, platinum chromium coronary stent system, LG DVD player, MQB Matsuno plastic beads and other goods.
He further informed the court that importers declared value of goods supported with a fake import invoice and fake documents, consignment’ value ascertained as $720,699 contrary to as declared by the importer $8,424 and total taxes are worked out as Rs40,097,627. The magnitude of mis-declaration of value comes to 8455 percent, the importer and his clearing agent attempted clearance of the impugned goods by mis-declaring the descriptions of the goods, quantities and value by submitting/ filing fake import documents with intention to defraud the government/ legitimate revenue.
Case was registered against Qaiser Abbas, clearing agent of M/s Ali Co and others for violation of section 2 (s) 16, 32, 32 A, 32C, 79(1) of the Customs Act, 1969 and other related laws.
