KARACHI: The Special Court of Customs Taxation and Anti-Smuggling has imposed a penalty of Rs 200,000 on a suspect after he pleaded guilty in duty and tax evasion of Rs 5.62 million through mis-declaration of the origin of imported goods. Judge Syed Faiz Rasool Rashdi announced the verdict on the plea of suspect Muhammad Shahid.
According to the prosecution, M/s Mass International imported a consignment, containing used trousers, blankets and zipper jackets, and sought its release vide GD KAPE-HC-155897 on June 6.
The importer paid the upfront taxes of the entire consignment amounting to Rs 96,568. The deputy collector became suspicious about the origin of the goods and ordered its examination.
On physical examination the goods consisting of baby frocks, polyester vest for girls/ladies, viscose, printed shirts, trousers and shorts of Indian origin were found. The importer M/s Mass International attempted to import restricted/dutiable goods of Indian origin under the guise of used cloths. This deliberate attempt of mis-declaration deprived national exchequer of its legitimate revenue to the tune of Rs 5.62 millions. An FIR was registered against importer Muhammad Shahid, and his accomplices Muhammad Ali and Naveed.
