ISLAMABAD: The Directorate General, Customs Intelligence and Investigation, FBR Peshawar, has detected a case of duty and tax evasion through mis-declaration of Rs3.2million by the M/s Meezan Trading Company, Gharibabad Peshawar. The Peshawar Directorate received a tip-off through Directorate General, Intelligence and Investigation, FBR Islamabad, that an attempt would be made to evade duties and taxes by mis-declaring quantity, value and claiming inadmissible benefit of the Fourth Schedule of the Customs Act-1969 and Sixth Schedule of the Sales Tax Act-1990 in the clearance of a consignment carrying mobile accessories and other miscellaneous goods.
Accordingly, a GD No.PPAF-HC-1125 dated 11-04-2017 filed by M/s Meezan Trading Company for clearance of mobile accessories and other miscellaneous items from Air Freight Unit Peshawar was kept on electronic monitoring through WeBOC. Later, after the clearance from customs, the aforesaid GD was blocked for further scrutiny. The confiscated goods were re-examined in the presence of the importer. Through examination, quantity of mobile accessories and other miscellaneous items were found in excess vis-a-vis declared assessed quantity.
From scrutiny of documents submitted to GD, it also transpired that the amount of actual freight mentioned on the master bill Airway Bill, which was required to be taken in the assessed value under section 25 (2) of Customs Act 1969, was not added and included therein. Further, exemptions from payment of customs duty under Fifth Schedule to the customs Act 1969 and other import related levies like sales tax have been availed.
The aforesaid mis-declaration in terms of value and availing inadmissible exemption of the Fifth Schedule and other import levies have resulted in evasion of payment of Rs3.25million on account of leviable duty and tax.
