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Home Breaking News

Mis-declaration: Customs PMBQ submits FIR against M/s Ali & Company & others

byM.B. Rana
13/01/2021
in Breaking News, Karachi, Latest News
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KARACHI: Investigation officer of Customs Appraisement & Facilitation Port Muhammad Bin Qasim (PMBQ) has submitted first information report (FIR) against owner/ partners of M/s Ali & Company 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 13 January 2021, investigation officer informed the court that M/s Ali & Company electronically filed goods declaration through their clearing agent M/s Jazee International for the import of consignment declared to contain NGK brand spark plugs for 4 wheelers of Japan Origin, beside other items, at a declared invoices value US$ 102, 881.63.

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He submitted that the importer determined his liability of payment of applicable duties & taxes and sought clearance under section 79(I) of the customs act, 1969. The goods declaration was selected through the system for examination, on examination the declared description and part number were verified and spark plugs for four wheelers were assessed on available evaluation ruling which was meant for non-iridium carbon tips spark plugs for Japan Origin.

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 Rs15, 260, 014 willfully and with malafide intention on account of customs duty and other taxes.

 

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