KARACHI: The Customs Adjudication-I has recovered Rs 2.12 million from M/s Hudiaba Enterprises. The company was found involved in tax evasion.
Sources told Customs Today that Collector Customs Adjudication-I Mohammad Javed sent a show-cause notice to M/s Hudaiba Enterprises for allegedly causing a loss of Rs 2.12 million to the national kitty by way of mis-declaration of classification on September 28, 2017.
According to sources, M/s Hudaiba Enterprises imported a consignment of computer accessories (branded CPU Pantium D, hard drive and more things) and got them cleared by mis-declaring the classification under Pakistan Custom Tariff (PCT) from Pakistan International Container Terminal (PICT). They allegedly availed undue and inadmissible benefits as well as exemption of sales tax.
It is pertinent to mention here, that M/s Hudaiba Enterprises itself has imported identical/same import under correct PCT heading 2921.3421. Apart from it, all other importers of computer accessories have either been declared by the importers or assessed by the Collectorates.