KARACHI: The Special Recovery Cell (SRC) of Model Customs Collectorate-MCC of Exports in its continued recovery campaign in recent days has issued yet another recovery notice against Nema Knits-Karachi.
Assistant Collector of Special Recovery Cell (Exports) Dr Jam Muhammad Imran on the directives of Collector-MCC Exports Manzoor Memon has issued recovery notice against Nema Knits-Karachi in order to recover government dues amounting to Rs1.1million approximately against the defaulter.
In the notice, it was stated by the authorities concerned that an amount of government dues amounting to Rs1,175,547 has been stand established against the importer Nema Knits-Karachi in the recovery proceedings under Section 202 (3) (A) of the Customs Act, 1969 read with the Recovery Rules, 2001.
The notice further stated that the authorities concerned of MCC-Exports have finally directed to pay the aforesaid defaulting amount within three days from the receipt of this notice positively to avoid further proceedings against the importer.
In order to recover the defaulting government dues, the authorities concerned of the MCC-Export Collectorate has stated that in exercise of power conferred under Section 48 (I) (f) of the Sales Tax Act, 1990, the authorities concerned of Pakistan Customs have authority for transferring of the aforesaid amounts to the Collector-MCC Exports in shape of pay order forthwith so that the same may be deposited in the government treasury.
It is pertinent to mention here that the recent strategy of the authorities concerned of the MCC-Exports, particularly the Collector Manzoor Hussain Memon has pleased the high-ups of Federal Board of Revenue (FBR).
The sources informed this scribe that the FBR authorities concerned are determined to continue the crackdown against the defaulters in order to recover the evaded revenue and the issuance of more recovery notices by the authorities concerned of MCC-Exports against the defaulters is likely in upcoming days.
