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Faisalabad Customs retrieves Rs13.248m from defaulter companies

byNaeem Sheikh
27/01/2018
in Latest News, National
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FAISALABAD: The Customs Collectorate recovery branch recovered Rs13.248 million in the wake of differential amount from different Faisalabad based companies during first four months (July-December) of Fiscal Year 2017 which were issued with notices to pay the outstanding dues.

Customs recovery branch recovered Rs0.020 million in July, Rs0.283 million in August, in September Rs1.747 million, Rs0.043 million in October, Rs11.115 million in November, while Rs0.040 million collected December in wake of differential amount from Faisalabad based companies during the above said period.

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Sources told 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 Ahmed which also included Inspector Muhammad Ramzan Shahid and UDC Abdul Sattar and others.

Sources told that companies imported different items from abroad through ex bond GDs in the previous years. The goods were cleared 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 recover 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.

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