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 Karachi

Customs fines to LED lights importer on tax evasion

byCT Report
13/04/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: Customs Adjudication Collector Asif Marghoob Siddiqui has penalized LED lights and SMD lights importer for claiming inadmissible concessions with an intention to evade government legitimate revenue.

According to the facts of the case as reported by Directorate of Post Clearance Audit, M/s Electric Lighting Agencies imported a consignment declared to be assorted LED panel lights with fittings and parts, LED strip light and declared PCT 9405.1090 through MCC Appraisement West.

You might also like

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

25/04/2026

FBR revises import customs values for pharmaceutical glass vide VR No2067/2026

25/04/2026

They claimed the exemptions only available to SMD, LEDs with or without ballast with fittings and fixtures for promotion of the renewable energy technologies. The examination staff in their examination report did not confirm that the imported LED lights are for solar or wind energy use.

It appears from the examination report that the imported items are for general use as these are operative under alternating current (AC), which is the normal power source produced and used in Pakistan’s national grid.

It was established beyond doubt that the imported goods are not meant to work with the renewable energy sources like wind and solar. Therefore, the claimed concessions are not available to the subject imports.

An amount of Rs3.018 million was evaded by M/s electric Lighting Agencies on account of customs duty, regulatory duty, sales tax, additional sales tax and withholding income tax.

After detailed deliberation, Collector Adjudication Asif Marghoob Siddiqui held the allegations established and noted the imports of LED lights and SMD lights without fittings and fixtures are not entitled to the claimed exemptions of duty and taxes.

Collector Adjudication ordered recovery of evaded amount of Rs3.018 million along with default surcharge to be determined by the department at the time of payment. A penalty of Rs0.3 million is also imposed on the importer M/s Electric Lighting Agencies.

Related Stories

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

byCT Report
25/04/2026

KARACHI: Around 3,000 containers destined for Iran remain stranded at Karachi port as vessels scheduled to collect them have failed...

FBR revises import customs values for pharmaceutical glass vide VR No2067/2026

byCT Report
25/04/2026

KARACHI: The Directorate General of Customs Valuation in Karachi announced the revision covering pharmaceutical-grade glass imports from China and Europe....

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post
?????????????????????????????????????????????????????????

ANF recovers 156.42kg narcotic in 22 countrywide operations

  • 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.