MULTAN: Customs Adjudication has issued Order-in-Original against Fazal Cloth Mills due to violation of Duty Tax Remission on Export (DTRE).
According to details, Deputy Collector Customs DTRE referred a case to Customs Adjudication after detecting misappropriation during the course of audit. Fazal Cloth Mills has approved a quantity of 1,000,000 kilograms of viscose staple fibre and export of furnished goods of viscose yarn under rule 298 of SRO 450 (I)/2001.
During scrutiny of the export and record of Fazal Cloth Mills, it was revealed that the company misused a quantity of 205 kilograms, excluding availed waste of goods during manufacturing process.
In this way, DTRE user contravened sub-section of section 3A of Section 32 customs act 1969 punishable under 156(1). Audit department have formed contravention on the misuse of said goods.
Fazal Cloth Mills justification was not accepted by Customs Adjudication during hearing and directed them to deposit duty taxes of misuse raw materials according to instructions of Customs
