KARACHI: Collectorate of Customs Exports Port Muhammad Bin Qasim (PMBQ) has registered an FIR against M/s Y.G Textile Industries.
Sources told that Collector Customs Exports Port Mohammad Bin Qasim Collector Saadia Sheeraz directed Additional Collector Ghulam Hyder Mahesar to conduct audit of M/s Y.G. Textile Industries.
During the post exportation audit of M/s. Y.G Textile Industries (Pvt.) Ltd. (Manufacturing of bed sheets & comforters and textile made-up all kind of garments & textile made up products and allied products), it was detected that over 130 MT plastic material was procured by the unit but the same was neither exported nor sold internally till date.
This quantity of 130 MT was not informed by the unit to Customs as required under Section 192 of the Customs Act. Accordingly, the unit was issued a demand notice on 29.05.2024 issued followed by a reminder/demand-cum-hearing notice dated 24.07.2024 with a final timeline to deposit duties/taxes by 31.07.2024.
The unit was provided full opportunity to explain their position and pay the evaded amount of duty/taxes and was also provided an opportunity of personal hearing on 26.07.2024 but no one appeared till 31.07.2024.
Consequently, upon non-response and passing of time, Customs team was assigned task to visit the unit to verify whether the 130 MT of plastic material was physically available at unit or otherwise.
A team comprising Moosa Solangi, Principal Appraiser KEPZ and Adnan Younas, Appraising Officer visited the unit and reported that no plastic material was found at the premises.
Therefore, FIR was registered against the unit. Total value of offending goods is estimated at Rs46,694,529/- whereas duties & taxes worked out to be Rs28,767,491/-. Following the FIR, entire recovery of government duties & taxes has been made whereas the criminal proceedings are currently underway before the Special Judge Customs & Taxation.
