FAISALABAD: The Customs Collectorate recovery branch recovered Rs 2.808 million in the wake of differential amount from different Faisalabad based companies during four month (July-October) of fiscal year 2017.
Sources told Customs Today, that Assistant Collector recovery branch Ameer Ahmed started a survey for the recovery of outstanding taxes. He formed a special team under the supervision of Superintendent Rana Mukhtar, which also included Inspector Muhammad Ramzan and UDC Abdul Sattar and others.
Customs recovery branch team collects Rs 0.715 million, M/s Farooq Impex Rs0.051 million, Beijing Print Rs0.016 million, M/s Star International Rs0.283 million, M/s Milk Ways Dairies Rs1.661 million, Najam Ur Rehman Rs0.068 million, Muhammad Imran Zafar Rs0.014 million.
Sources said that companies imported different items from abroad through ex bond GDs in the previous years. The goods were clear against exemption under SRO-560(1)90 read with CBRs certificate for deletion program. Subsequently, the outstanding amount was adjusted against the importer on the ground that specification of imported goods did not confirm with that approved by Federal Board of Revenue FBR).
It is necessary to mention here that Customs Collectorate expedited its efforts to recovery outstanding amount from defaulters. The department is taking stern action against the defaulters without any discrimination in the Faisalabad City for the collection of taxes.
According to the department the defaulters were given full opportunity to pay their outstanding taxes but continuous ignorance all the tax notices left no other way than registered case against him.
