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

Customs court takes FIR into record against M/s Premiun Enterprises in mis-declaration case

byM.B. Rana
04/09/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court has directed investigation officer to complete investigation and submit progress report against suspect namely Muhammad Yousaf, proprietor of M/s Premiun Enterprises, Irfan Baig, Jahanzeb Yamin and Muhammad Nihal, who were booked in a case evasion of duty and taxes amounting to Rs46,434, 809 by mis-declaration.

On 4 September 2020, investigation officer submitted that the above mentioned importer and others suspects imported consignment declared as tyre and tube with flaps 1100R20-18PR 520 sets value of US$ 147 set (Rs12, 389, 638), however, during the course of checking, customs officials found 53,930 kgs betel nuts in jute bags.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

He submitted that during the investigation, in was established that above the mentioned suspects are involved in mis-declaration of description of goods, classification, import of restricted goods, therefore, they are found guilty of offence as defined under the provisions 2 (s), 16 32(1), 32A, 79 (1) and 178 of the customs act, 1969 and section 1 (3) of the imports and export control act, 1956 read with appendix-B of import policy order in-vogue and section 148 of the income tax ordinance 2001, punishable under clauses 1, 9, 14, 14A, 43, 45 & 89 of section 156 (1) of the ibid.

After the hearing, court has taken first information report on court record and directed investigation officer to complete investigation and submit progress report on next date of hearing.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Asian stocks slip after Wall Street selloff dents tech rally

  • 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.