KARACHI: The Research and Development (R&D) Section of the Model Customs Collectorate of Appraisement-East has recovered Rs 23,256,795 in the month of February by detecting 37 cases of tax evasion, mis-declaration and under-invoicing.
R&D Section of MCC-Appraisement (East) has detected cases of incorrect classification, incorrect application of valuation rulings, non-implementation of valuation guideline, non-application of Scan prices, inadmissible concession of advance income tax under Section 148 and inadmissible exemption of sales tax under SRO No 1125/2011 in order to recover the above mentioned amount.
The R&D Section has recovered an amount of Rs 658,200 from M/s Jotun Powder Coatings Pak against incorrect classification on primal. Similarly, the R&D Section has recovered an amount of Rs 372,153 from M/s Ashfaq Brothers against the non-application of Valuation Ruling No 549/13 on Met Cock.
The R&D Section has also recovered an amount of Rs 182,271 from M/s Kasel (Pvt) Ltd on the violation of Valuation Ruling Guideline on wood flooring. It has recovered an amount of Rs 9,779,606 from M/s Siddiq Sons against the non-application of Valuation Ruling No 549/13 on Met Cock.
The Section has recovered an amount of Rs 114,170 from M/s Al-Karam Packages Ltd against the non-application of Scan prices on high density polythene. Similarly, the R&D has recovered an amount of Rs 220,296 from M/s Saleh Mohammad A Kareem against the ONO No. 180493 on excess weight on European Beech Sawn Timber.
The R&D Section has recovered an amount of Rs 340,281 from M/s S B Zaki Holz against the issuance of ONO No. 180386 on excess weight on Red Merati Sawn Timber. Similarly, it has recovered an amount of Rs 540,413 from M/s Jetpurwala against the non-application of Valuation Ruling No 599/13 on Skin Milk Powder.
The Department has also recovered an amount of Rs 75,111 from M/s Golden Industries against non-application of Scan prices on low density polythene. It has also recovered an amount of Rs 117,161 from M/s I J Plastic Industries against non-application of Scan prices on low density polythene.
The R&D Section of MCC-Appraisement (East) has also recovered an amount of Rs 75,602 from M/s Aziz Traders against an issuance of ONO No. 179957 on excess weight on Red Merati Wood. It has also recovered an amount of Rs 10,334 from M/s M Ghazwan & Co against the inadmissible concession of advance income tax under section 148 on soft wood sawn timber.
The R&D Section has recovered an amount of Rs 73,211 from M/s Alpha Pipe Industries against non-application of Scan prices on high density polythene. Similarly, it has recovered an amount of Rs 65,160 from M/s Nashan (Pvt) Ltd against the non-application of valuation guideline on Phosphoric Acid.
The department has also recovered an amount of Rs 119,721 from M/s International Industries against the non-application of Scan prices on high density polythene. It has also recovered an amount of Rs 333,223 from M/s Packages Ltd against the non-application of Scan prices on low density polythene.
The R&D Section has recovered an amount of Rs 24,036 from M/s A HY Industries against the non-application of valuation guideline on low density polythene. It has recovered an amount of Rs 172,536 from J Zee Enterprises against the non-application of valuation guideline on (PMC) low density polythene.
The Section has also recovered an amount of Rs 92,784 from M/s Yousuf Packages (Pvt) Ltd against non-application of valuation guideline on low density polythene. It has also recovered an amount of Rs 141,177 from M/s J Sons Traders against the non-application of Valuation Ruling No. 623/2013 on glazed wrapping paper.
The R&D has recovered an amount of Rs 226,458 from M/s Boquial (Pvt) Ltd on examination through R&D 25 per cent loding (branded items) on assorted garments items. It has also recovered an amount of Rs 1,053,860 from M/s J F Carpets against the inadmissible exemption of sales tax under SRO No 1125/2011 on finished carpets.
The Section has also recovered an amount of Rs 1,856,964 from M/s Oriental Trading Company against the inadmissible exemption of sales tax under SRO No 1125/2011 on finished carpets. Similarly, the R&D Section has recovered an amount of Rs 1,464,178 from M/s O S Trading against the inadmissible exemption of sales tax under SRO No 1125/2011 on finished carpets.
The R&D Section has also recovered an amount of Rs 4,246,200 from M/s Mahnoor Communication against the inadmissible exemption of sales tax under SRO No 1125/2011 on finished carpets.
The R&D Section has also recovered an amount of Rs 717,805 from M/s Iqbal Impex against the inadmissible exemption of sales tax under SRO No 1125/2011 on finished carpets. Similarly, it has recovered an amount of Rs 183,884 from M/s Karachi Colour Co against the non-application of valuation ruling.
