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Home Breaking News

MCC-Appraisement (West) detects 16 cases of tax evasion in Dec

byCustoms Today Report
11/01/2014
in Breaking News, Karachi, Latest News
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KARACHI: The Research and Development (R&D) section of Model Customs Collectorate (MCC) Appraisement (West) has detected 16 cases of mis-declaration, inadmissible claim of FTA and benefit of sales tax SRO, incorrect application of valuation rulings and inadmissible claim of customs duty in the month of December 2013 and recovered an amount of Rs 3,032,822.

According to details, R&D Section of MCC-Appraisement (West) has found that some importers including M/s Mian Corporation, M/s ICI Pakistan, M/s Zia &Co, M/s Haider &Co, M/s Saleem & M/s Fabric Textile Industries, M/s Shoaib Enterprises, M/s MH Enterprises, M/s Syed Enterprises, M/s Hanaska International, M/s Sattar Electronic, M/s Gilani Trading Co, M/s Tandi Trading Co and M/s Sandal Dyestuff Industries are involved in mis-declaration and tax evasion while filing Goods Declaration for their consignments.

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Subsequently, R&D section of MCC-Appraisement (West) has recovered an amount of over Rs 3 million against the total amount of Rs 13,532,662 while Rs 10,499,840 are yet to be recovered.

Those importers and companies who fulfilled the demands raised by R&D Section of MCC-Appraisement (West) include M/s Mian Corporation which paid an amount of Rs 198,349; M/s ICI Pakistan paid an amount of Rs 520,459; M/s Zia & Co paid an amount of Rs 45,968; M/s Haider paid an amount of Rs 552,446; M/s Hanaska International has paid an amount of Rs 2,774,350; M/s Sattar Electronic paid an amount of Rs 915,334; Gilani Trade Co paid an amount of Rs 248,566; and M/s Tandi Trading Co paid an amount of Rs 274,247.

The high officials in MCC-Appraisement (West) were of the view that Pakistan Customs will soon complete the recovery of remaining amount, as R&D Section has already approached the importers for this purpose.

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