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Home Breaking News

Mumtaz Khoso’s Customs Port Qasim surpasses revenue collection target for Feb

byCT Report
03/03/2020
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: Collectorate of Customs Port Qasim has successfully surpassed monthly revenue collection target for February 2020. The Collectorate collected Rs56.825 billion as against the target of Rs49.184 billion, which is 15 percent of the assigned target and 27.27 higher than last year collection of February 2019.

Collector Customs Mumtaz Ali Khoso has attributed this outstanding revenue collection performance of the Collectorate to the leadership of Chairperson FBR Nausheen Javaid Amjad,, Member Customs Operations  Muhammad Javed Ghani, and Ms. Suraiya Ahmed Butt, Chief Collector (Appraisement-South), Karachi.

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The Collector has also advised the staff to keep strict vigilance on mis-declaration and under-invoicing to secure government’s legitimate revenue.

It is pertinent to mention here that Collectorate of Customs Port Qasim has lodged an FIR against M/s Deezina Textile and M/s Ocean World Cargo due to their involvement in clearance of Polyester Knitted Coral Fleece Fabric by misusing benefit of concessionary SRO 492(I)/2009.

M/s. Deezina Textile, Karachi imported a consignment and filed Goods Declaration through their clearing agent M/s. Ocean World Cargo declaring the goods Interlining Material (Polyester Knitted Coral Fabric in Roll) weighing 29100 Kg. Importer claimed the benefit of SRO 492(I)/2009. The GD was examined, assessed and released accordingly.

During post release checking by the Collectorate of GD filed by M/s. Deezina Textile Pvt Ltd, it was transpired that importer has claimed undue benefit of concessionary SRO 492 for the import of “Polyester Knitted Coral Fleece Fabric”, against a post dated cheque/ indemnity bond of all leviable duties and taxes for the imported consignment.

Examination confirmed that goods are “polyester knitted coral fleece fabric in rolls” which is not entitled for exemption under SRO 492(I)/2009 as the fabrics are clearly excluded in Table-1, Serial-1 of said SRO. Thus, benefit availed by importer was not admissible.

A physical visit was also conducted by the Collectorate Staff and confirmed the importer did not have the manufacturing capacity. It was further observed that the imported goods were not lying or warehoused on the importer’s premises, which further strengthened the fact that the importer has imported Fleece Fabric for commercial purposes in the grab of Interlining material for exports.

Further probe in this case is still underway.

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