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Redemption fine: Imtiaz Super Store deposits Rs 1.19 million

byAbul Hassan Usmani
06/08/2015
in Karachi, Latest News
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KARACHI: Following the completion of the adjudication proceedings and issuance of OnO, M/s Imtiaz Super Store deposited Rs 1.19 million to the government exchequers.

According to details, foreign-origin items of different nature were earlier seized following a raid conducted by then Anti-Smuggling Organisation of the Directorate of Customs Intelligence and Investigation, Karachi Region (now the Directorate General of Intelligence and Investigation-FBR Customs Anti-Smuggling).

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The deposited amount consisted of Rs 9.3 million as duty and taxes, while the rest of the amount was redemption fine. It may be mentioned here that the ASO during its raid seized a huge quantity of foreign-origin items like crockery, soaps, toys, confectionery, etc.

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