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Home Karachi

SHC moved against Customs Tribunal’s verdict in tax evasion case of Rs 441.65 million

byM.B. Rana
10/05/2016
in Karachi, Latest News
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KARACHI: The Directorate General of Customs Intelligence and Investigation (Enforcement) has approached the Sindh High Court (SHC), challenging the verdict of the Customs Appellate Tribunal in a mis-declaration and evading of duty/taxes amounting to Rs 441.65 million case.

The applicant stated that M/S PTCL, Islamabad having a “Turn Key ” project contract with foreign manufacturers/suppliers M/s Huawei International (Private) Limited, Singapore and M/s Huawei Technologies Pakistan (Private) Limited, imported consignments of telecom equipment on grossly mis-declaration values to dodge the liable customs duty and taxes in collusion with the contractors.

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The counsel for the applicant submitted that M/s Huawei Technologies Pakistan attempted to clear the consignments, suppressed the actual value, which is Rs 1.076 billion, evading thereby duty/taxes to tune of Rs 441.65 million and thus committed the offense of mis-declaration and fiscal frauds under Section 32 and 32A (1) and (2) read with 5, 79 and 80 of the Customs Act, 1969.  “Such action is punishable under clauses (14) and (14-A) of sub section of Section 156 of the Customs Act, 1969,” the applicant added.

The applicant submitted that, tax authorities issued a notice to the respondent and demanded same evaded amount but respondent had filed an appeal before the Appellate Tribunal which was accepted.

Citing M/S Huawei Technologies Pakistan and the Customs Appellate Tribunal as respondents, the applicant pleaded the SHC to set aside impugned order of the tribunal.

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