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 Islamabad

Islamabad Customs Adjudication serves notice on M/s Chase Trading

byM. Faizan
29/08/2017
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Collector Customs Adjudication Islamabad Ihsan Ali Shah has issued a show cause notice to M/s Chase Trading and Technology, Suite No: 102, Green Trust Tower, Jinnah Avenue, Blue Area, Islamabad, under section 180 of the Customs Act-1969 calling upon the company to show cause as to why 25 imported Access Gateways seized by the Directorate General Customs Intelligence and Investigation should not be confiscated and why Rs171.90million evaded by them in duties and taxes on these 25 and previous 32 Access Gateways should not be recovered and why penal action should not be taken against them under section 156 (1) (9) (14), 14A and 178 of the Customs Act-1969.

It was reported by Deputy Director Customs Intelligence and Investigation FBR Rawalpindi Afzal Wattoo that Nadeem Aslam Khan, proprietor and CEO of M/s chase Trading Technology, imported communication switches and declared their unit’s value at $20 per unit and cleared the goods. But we found that imported goods were actually 25 Access Gateways and, according to the invoice No: HSW-SJA, carried unit value of $250 per unit. According to the evidential clearance at the AFU Islamabad, identical and similar goods were assessed and cleared vide GD No: RPAF-5489 dated 25.10.2016 at a unit value of $5943 per unit.

You might also like

FBR exempts certain POS-compliant footwear supplies from retail price tax

18/07/2026

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

18/07/2026

Related Stories

FBR exempts certain POS-compliant footwear supplies from retail price tax

byCT Report
18/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded certain supplies made through digitally integrated and point-of-sale-compliant channels from the...

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

byCT Report
18/07/2026

ISLAMABAD: Pakistan’s tax litigation backlog has climbed to around 68,000 cases despite the appointment of 24 private-sector members to the...

Bahrain pulls $30m from Pakistan bonds as Gulf war weighs on foreign investment

byCT Report
18/07/2026

ISLAMABAD: Bahrain withdrew $30 million from Pakistan’s domestic bonds during the first 10 days of FY2026-27 as the Gulf conflict...

Aurangzeb reviews digital overhaul of FBR through Faceless Centre

byCT Report
18/07/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review the implementation roadmap and operational...

Next Post

Customs Court approves judicial remand of accused involved in smuggling

  • 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.