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M/s Samna Associates deposits outstanding dues of Rs 555,000

byWaqar Ahmed Ansari
17/10/2016
in Uncategorized
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KARACHI: In response to a tax notice issued by the Collector Saifuddin Junejo’s Customs Exports to the management of M/s Samna Associates, the company has deposited an amount of Rs 555,0000.

Sources told Customs Today that during scrutiny of import data it was revealed by auditors that M/s Samna Associates imported three consignments of waste material used for manufacturing of plastic items. The company also used wrong statutory regulatory order (

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SRO) to avail undue benefits and concessions and caused a loss of Rs 555,000 to the national kitty.

Separately, the Customs Exports authorities also issued a tax notice to the management of M/s Farooq Garments and Exports and directed them to clear a pending amount of Rs 400,000. M/s Farooq Garments imported five consignments of baby ready-made garments by using wrong PCT heading. The Customs Export directed the company to deposit the outstanding amount at the earliest. otherwise stern action will be taken against the company.

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