KARACHI: The Collectorate of Customs Adjudication-II has issued an Order-in-Original against M/s Rubina Asif for evading taxes/duties to the tune of Rs 832,315 by taking undue benefits under SRO 638(I)/2006 dated 29..2007.
According to details, the Directorate of Post Clearance Audit, Customs Karachi while scrutinizing data of importers relating of claiming of admissible/inadmissible concessions in taxes found that the importer illegally availed the benefits of concessionary rates under aforesaid SRO.
In the ONO, the Deputy Collector Customs Adjudication-II Muhammad Aftab, stated that the importer M/s Rubina Asif intentionally and willfully caused loss to the government exchequer by availing benefits of SRO 638(I)/2006 dated 29.6.2007 which was evidently not admissible to them at the time of imports in which the importer imported consignment of Titanium Dioxide Koronos 2190.
Accordingly show cause notice was issued to the importer and hearing in this case was fixed for 3.6.2015. However, the show cause notice to the importer as well as clearing agent returned whereby the courier reported regarding importers that office is permanent closed. The address of the importer was again confirmed as per details provided on the FBR website online inquiry and hearing notices were issued to the importer on 11.6.2015 and 18.6.2015.
In the ONO, the Deputy Collector-Adjudication-II directed the importer to pay the evaded revenue of Rs 832,315.
However, in addition, a penalty of Rs 100,000 is also imposed for violation of Provision of Section 32(1)(2) and (3-A) of the Customs Act, 1969, Section 3(1), section 3,6,&7 read with section 34 of Sales Tax Act 1990 and Income Tax Ordinance 2001 punishable under Section 33 (5) and section 7A of the Sales Tax Act 1990 read with chapter X of the Sales Tax Act Special Procedure Rules 2007 (Special procedures for payment of sales tax by the importer) and punishable under relevant provision of Income Tax Ordinance 2001 under clauses (14) and (14A) of Section 156(1) of Customs Act, 1969 on the exporter.
