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MCC Appraisement-East initiates survey for detecting SRO violation

bySohail Rab
16/06/2014
in Karachi, Latest News, Slider News
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KARACHI: Research and Development (R&D) Section of the Model Customs Collectorate of Appraisement-East has initiated a survey of the industrial and manufacturing units by following the directives of MCC Appraisement-East Collector Najeeb-ur-Rehman Abbasi.

Collector Najeeb-ur-Rehman Abbasi has issued clear directives to the R&D Section officers in order to conduct a thorough survey of the industrial and manufacturing units to detect the violation of Statutory Regularity Orders (SROs) 670 and 811.

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FBR sources informed Customs Today that the decision was taken by the authorities concerned after the detection of millions of rupees tax evasion by M/s Royal Enterprises in its consignments during the period of last three years.

They further told this scribe that the survey would continue until the end of June and demand notices will be subsequently issued to the importers to recover the outstanding amount.

Sources said that the ongoing survey of the units is linked with covering the revenue shortfall which has been continuously reported throughout the first three quarters of the fiscal year 2013-14.

It may be mentioned here that the MCC Appraisement-West has also initiated revenue recovery by blocking the NTNs of those importers who were involved in tax evasion and mis-declaration.

Tags: Customs dutyCustoms NewsCustoms TodayFBRMCC Appraisement EastnewsPakistan CustomsResearch and Development (R&D) SectionRevenueSROstax evasionTaxation

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