KARACHI: Collectorate of Customs Adjudication-II has issued a show-cause notice against M/s Taloot Traders for allegedly causing a loss of Rs 1.89 million to the national exchequer by way of mis-declaration of classification, it is learnt.
Sources told Customs Today that the PCA Directorate found that M/s Taloot Traders imported a consignment of raw material of different leather chemicals cleared by mis-declaring the classification under Pakistan Custom Tariff 2170.7654 from Customs Port Qasim through their clearing agent namely M/s M M Shipping to avail undue/ inadmissible benefit/ exemption of sales tax vide S. No. 36, whereas the imported goods are correctly classifiable under PCT 2176.7657.
It is pertinent to mention here that, M/s. Taloot Traders itself has imported identical/same import under correct PCT heading 2170.7654. Apart from it all other importers of different kind of sheets have either been declared by the imports or assessed by the Collectorate under correct PCT.
Accordingly, an audit observation was issued to the said importer. The importer was requested to submit the reply by 3rd October 2017. Instead, the importer requested for extension of 15 days in submitting the reply.
However, the importer has failed to come up with any tangible evidence and explanation and is also unable to refute the charges leveled by the department.
It is necessary to mention here that Collectorate of Customs Adjudication-II has issued 16 show cause notices to defaulters companies in 27 days of current month, source said 20 or more cases are pending the Collectorate of Customs Adjudication-II are conducting investigations about these cases.
