FAISALABAD: The Model Customs Collectorate has detected tax evasion of Rs 1.163 million allegedly by M/s Prime Electric Cable through mis-declaration of quantity and description of goods imported under Consignment No SEGU-428883-0.
Following information received through Faisalabad Customs Collector Dr Zulfiqar Ali Chaudhary, a team of Anti-Smuggling Organisation (ASO), under the supervision of Deputy Collector Pirzada Omar Qasmi, raided the Faisalabad Dry Port.
The team comprising Superintendent Saeed Akhtar Joiya, Inspector Masood Saeed Chohan, Rai Waqar Ahmed, Rai Khalid Javed, Khalid Ashraf Noor, Ali Zahid and others intercepted five Mazda Truck carrying consignment of M/s Prime Electric Cable. The consignment was consisting of drilling machines, compactor, deep fryer, bakery oven, hopper dryer, AC motors, milk chiller, blower, rubber pipe hose, wheel caster, electric circuit, aluminum foil paper, vacuum pumps and others.
After intercepting the trucks, Superintendent Saeed Akhtar Joiya conducted physical re-examination of the consignment and found mis-declaration in weight and description of the drilling machines, bakery oven, hoper dryer, gas burner, ARC welder, bakery mixing machine and in other items.
The importer cleared the consignment on the payment of Rs 2.418 million, while actual amount of taxes was assessed at Rs 3.582 million. So, the officials found a difference of Rs 1.163 million in wake of duty/taxes.
It may mention here that Deputy Superintendent Anwar Pervaiz, Appraisers Irfan Idrees and Babar Hussain conducted examination of the consignment at the time of clearance.
The customs contravention reports states, “This act of the importer constitutes an offence within the meaning of Section 16, 18, 32(1) & (2) of the Customs Act, 1969 read with the Section 3 of Sales Tax, 1990 section 148 of Income Tax Ordinance, 2001 read with 3(1)3 of the Import and Export Control Act 1950 punishable under clause 9,14,43 and 45 of section 156(1), read with section 178 of the Custom Act 1969 further read with Clause (g) of the preamble of SRO 499(1)/2009 and Section 3 of the Punjab infrastructure Development Cess Act, 2015”.
The report has been sent to the Customs Adjudication and the collectorate has also issued show-cause notice to the importer in this regard.
