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Home Breaking News

Mis-declaration: Customs Court approves charge sheet against M/s Amir & Co and others

byM.B. Rana
27/02/2021
in Breaking News, Karachi, Latest News
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KARACHI: The Customs Court submitted charge sheet against owner/ partners of M/s Amir & Co and others, who were nominated in a case for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value.

On 26 February 2021, during the hearing, investigation officer of Customs Appraisement & Facilitation Port Muhammad Bin Qasim Karachi appeared before the court and submitted charge sheet and informed that on an actionable information, customs goods declaration was selected of above-mentioned importer through system from examination and on examination, the declare description and part number were verified and spark plugs for four wheelers and motorcycle were assessed on available valuation ruling which was meant for non-iridium carbon tips spark plugs.

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Investigation officer further submitted that during the investigation, it was established that the above-mentioned importer with active connivance of his clearing agent has mis-declared the description by not declaring the correct information regarding constituent material of spark plugs tip aiming to defraud the national exchequer of its legitimate revenue to the tune of Rs. 44, 435, 621 willfully and with malafide intention on account of customs duty and other taxes.

After the hearing, the court approved an interim charge sheet and adjourned the matter for the next date of hearing.

According to the prosecution, case was registered against above-mentioned for violation of under section 32 (1) & (2), 32A, 79, 192 & 209 of the customs act, 1969, read with sections 3. Of the sales tax act, 1990 and section 148(I) of the income tax ordinance, 2001 punishable under clauses 14, 14A 45 & 86 of section 156 (I) of the customs act, 1969 and allied laws.

Tags: Amir & CoCustmCustoms Court

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