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Home Breaking News

Customs Exports issues notice to Virani Traders for not paying Rs 10m dues

bySohail Rab
13/01/2015
in Breaking News, Karachi, Latest News
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KARACHI: The Special Recovery Cell (SRC) of Model Customs Collectorate-MCC Exports, while following the directives of Collector Manzoor Hussain Memon, has issued notice under Section 202(3)(a) of the Customs Act 1969 for attachment of bank account of Sarfaraz Virani, proprietor of Virani Traders for not paying around Rs 10 million dues.

According to details, Assistant Collector Dr Jam Muhammad Imran of Special Recovery Cell (Exports) on the directives of MCC Exports Collector Manzoor Memon has issued the bank account attachment notices to recover the non-paid dues to the bank branches, including Meezan Bank, MT Khan Road; Royal Bank of Scotland, North Nazimabad; Muslim Commercial Bank, MT Khan Road; NDLC-IFIC Bank Limited, II Chandigarh Road; Royal Bank of Scotland, Abdullah Haroon Road; Soneri Bank Limited, II Chandigarh Road; Standard Chartered Bank, II Chandigarh Road; Bank Al Falah Limited, II Chandigarh Road; and Crescent Commercial Bank, Maulana Deen Muhammad Wafai Road in which the accounts of Virani Traders exist.

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As per details, the SRC found that the Virani Traders were involved in non-payment of duty/taxes and surcharge worth Rs 10 million and subsequently, it issued the bank account attachment notice to the various branches of banks.

In the notice, it was stated that the exercise of powers conferred under Section 202(3) (a) of the Customs Act 1969, the authorities concerned were going to serve notice for attachment of bank account against Virani Traders with immediate effect until the amount of tax paid or recovered in full.

Furthermore, the available amount in the above mentioned accounts may also be transferred to the collector in the form of pay order forthwith so that the same may be deposited in government treasury.

The SRC of MCC-Exports under the supervision of collector has already attached millions of rupees properties and bank accounts for the recovery of government dues during the recovery operation.

 

Tags: Customs Act 1969 for attachment of bank account of Sarfaraz ViraniMCC-Exports issues notice to Virani Traders for not paying Rs 10m duesproprietor of Virani Traders for not paying around Rs 10 million dues.Special Recovery Cell (SRC) of Model Customs Collectorate-MCC

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