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 Karachi

Show-cause notice served on Sui Northern Gas Pipelines in Rs 388.786m tax evasion case

byAftab Channa
07/11/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Collectorate of Customs Adjudication-I has issued a show cause notice to M/s Sui Northern Gas Pipelines Limited for evasion of taxes/duties to the tune of Rs 388.786 million on import of domestic gas meters by availing inadmissible exemption/concession under Clause (2) and Clause (3) of SRO 678(I)/2004 dated 7.08.2004.

According to details, the PCA-Karachi Directorate, during scrutiny of import data of Sui Northern Gas Pipelines Limited, Gas House 21-Kashmir Road, Lahore, observed that they imported various consignments for domestic gas meters and got them cleared from MCC Appraisement (West), MCC Appraisement (East) and MCC (PMBQ) Karachi, through their clearing  agents namely M/s. Muhammad Amin Muhammad Moqeem, Clearing and Forwarding  Agents, and M/S Urooj.

You might also like

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

15/10/2026

SECP proposes national digital market to secure better prices for farmers

15/10/2026

The importer availed inadmissible exemption/concession under Clause (2) and Clause (3) of S.R.O. 678(I)/2004 dated 07.08.2004. Whereas conditions with reference to aforesaid clauses of the S.R.O clearly stipulate that only such goods shall be entitled to the exemption by a company other than an E&P company, for its own use or its contractors, sub-contractors and service companies for its projects of oil and gas exploration and production, refinery, oil and gas pipeline, liquefied petroleum gas (LPG), compressed natural gas (CNG), Liquefied Natural Gas (LNG) petroleum terminals, energy conservation, environment and safety controls.

Further, without prejudice to above, the imported goods also fall within the ambit of C.G.O No. 11/2007 dated 28.08.2007, being locally manufactured.

In view of above, Sui Northern Gas Pipelines Limited by availing inadmissible exemption/concession under S.R.O. 678(I)/2004 dated 07.08.2004, have evaded/short paid custom duty Rs  306,505,803/-, sales tax Rs 52,163,342/-, additional sales tax Rs 9,195,174/- and income tax Rs 20,922,277/- totaling Rs 388,786,596/-.

According to sources, the customs adjudication has issued a show cause notice to the importer and summoned the company’s representatives for contesting the arguments to decide the issue.

 

 

Related Stories

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

byCT Report
15/10/2026

WUHAN: Sindh Chief Minister Syed Murad Ali Shah met with senior officials of China’s Hubei province to expand cooperation in...

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Pakistan falls short of Sukuk target despite receiving Rs796b in bids

byCT Report
15/10/2026

KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the...

Textile mills seek 50 MW of cheap electricity from Punjab govt

byCT Report
15/10/2026

KARACHI: The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity...

Next Post

Customs Court hears 19 cases on Friday including smuggling, narcotics

  • 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.