MULTAN: Collectorate of Customs Enforcement recovery branch has attached the bank accounts of M/s Zain Industries for recovery of outstanding dues of Rs7.773 million.
According to the details, M/s Zain Industries having NTN 6392581-7 has imported raw material for manufacturing of goods and deposited less sales tax amount of Rs7.773 million during the clearance of import consignments from Multan Dry Port. The Collectorate has asked several times to said importer for the payment of remaining duty taxes.
But the said importer has not paid any remaining tax amount to Multan Customs. Now recovery branch of Multan Customs has attached their bank accounts and immoveable properties to recover outstanding taxes. Multan Customs has started action for recovery of outstanding amount after serving final notice but accused has taken stay order against them from Lahore High Court Multan bench against the decision of Multan Customs.
Multan Customs have reinstated their recovery notice once again for the collection of outstanding taxes from M/s Zain Industries. Said importer is using delaying tactics for depositing of them owe duty taxes from last few months. Therefore, Multan Customs has initiated stern action against the company to recover the outstanding dues from said company.
Superintendent Rana Mujtaba Noon has been appointed attachment officer for recovery of outstanding amount under Customs Rules,2001. The Multan Customs Enforcement & Compliance will also attach bank accounts of defaulter for recovery under Section 202 of Customs Act, 1969.