Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

R&D Section of MCC Appraisement-East recovers Rs15.6m

bySohail Rab
12/05/2014
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate of Appraisement-East has recovered an amount of Rs 15,590,381 in the month of April, 2014 from different importers in cases of violation of valuation rulings, mis-declaration, wrong use of concessionary SROs and in-admissibility of SROs.

According to details, the R&D Section has recovered an amount of Rs 515,965 from M/s Minhas Traders on mis-declaration of quantity of timber; Rs 248,925 has been recovered from M/s Aman Enterprises on non-application of valuation ruling on steel wire; Rs 128,259 has been recovered from M/s Al-Hamad Business on non-application of valuation ruling on grinding disc.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

The R&D Section has recovered an amount of Rs 115,364 from M/s Manghal Trading on mis-declaration of Pakistan Customs Tariff (PCT) on fabric pieces; Rs 11,729 has been recovered from M/s Arahroma Pakistan on mis-declaration of PCT on Lyocol Dor; Rs 67,403 has been recovered from M/s Kashif & Co on non-application of valuation ruling on Sawn Timber; Rs 969,909 have been recovered from M/s MBI Industries Pvt on mis-declaration of classification of washer.

The R&D Section has also recovered an amount of Rs 387,670 from M/s Zain Brothers on non-application of valuation ruling on second hand clothing; Rs 190,852 have been recovered from M/s Anis & Sons on mis-declaration of classification on miscellaneous goods; Rs 1,149,633 have been recovered from M/s Ali & Hammad Enterprises on mis-declaration of weight on miscellaneous goods.

It has recovered an amount of Rs 1,046,474 from M/s Al-Razzak Fibers Pvt Ltd on withdrawal of concessionary SRO on cotton yarn; Rs 1,116,360 has been recovered from M/s Prosperity Weaving Mills Ltd on withdrawal of concessionary SRO on cotton yarn.

The R&D Section has recovered an amount of Rs 2,800,000 from M/s Ehsan International on non-application of SRO 567 on artificial leather.

It is pertinent to mention here that the R&D Section of MCC-Appraisement (East) is to recover an amount of Rs 13,736,571 from some importers against their violations in clearance of their consignments.

The R&D Section is to recover an amount of Rs 9,803,116 from M/s Raja Abdul Hameed Sons on under valuation of plastic decorative items assorted type. Similarly, it has to recover an amount of Rs 1,329,447 from M/s Crystal Traders on non-application of Valuation Ruling No.496 on hand soap; an amount of Rs 714,046 from M/s Mairaj & Sons on mis-declaration of PCT classification on high tensile nut bolt; an amount of Rs 1,889,962 from M/s Ehsan Enterprises on mis-declaration of description/classification of artificial leather.

Tags: Customs dutyCustoms NewsCustoms TodayImportsMCC Appraisement Eastmis-declarationnewsResearch and Development (R&D) Sectiontax evasionunder-invoicingValuation Rulings

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

Boosting oil & gas sector: Cut in minimum turnover tax proposed

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.