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Home Latest News

Multan Customs issues attachment warrant for retrieval of Rs50m of arrears

byImran Ali
22/03/2018
in Latest News, National
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MULTAN: The Model Customs Collectorate Multan, Recovery Branch, has issued an attachment warrant for M/s Mushtaq Leathers Industries for the recovery of outstanding amount of Rs49.524million.

The Mushtaq Leather Industry Ltd has imported raw material for the manufacturing of goods and evaded tax amount of almost Rs49.524million by paying less duties and taxes during the clearance of their import consignments from Multan Dry Port. The collectorate Multan has asked the importer several times for the payment of remaining duties and taxes but he failed to do so.

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The Recovery Branch has attached their bank accounts and immoveable properties to recover the arrears in this regard. The Multan Customs has also impounded a vehicle and is auctioning two commercial shops located near Clock Tower, Ghanta Ghar Multan, for the recovery of outstanding amount after serving a final notice. The accused has taken stay order from the Lahore High Court Multan Bench against the decision of the Multan Customs.

The Multan Customs has revived their recovery notice. Said importer has been using delaying tactics for depositing of their duties and taxes for the past few months.

Now Superintendent Muhammad Yousaf Baloch has been appointed as an attachment officer for recovery under the Customs Rules-2001.The Multan Customs will also attach the bank accounts of defaulter for recovery under Section 202 of the Customs Act-1969.

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