ISLAMABAD: The Directorate of Intelligence &Investigation Islamabad unearthed a case of tax evasion of Rs12.985million against the M/s Farm International, Model Town Lahore, and clearing agent M/s RIL Logistics Pvt Ltd Lahore by import of laser land level equipment in the name of necessary equipments for agriculture use by seven GDs cleared by the AFU Islamabad.
According to details given by the Directorate of Intelligence and Investigation (I&I) Rawalpindi that M/s Farm International imported the laser land level equipment/instruments and got the same cleared through M/s RIL logistics Pvt Ltd Lahore by mis-declaring of description and misclassification of the PCT heading (8432-8090) and availed an inadmissible exemption of Customs Duty and Sales Tax through Fifth and Sixth Schedule respectively. A seizure case No: 54/2017 dated 27.02.2017 was lodged against the importer and forwarded to the Collector of Customs Adjudication Islamabad for proceeding.
During an adjudication processing on a reference, the Customs House Karachi vide public notice found that the impounded goods are correctly classifiable under the PCT Code 9032-8990 and the relevant part of the finding is reproduced as whether the subject goods are appropriately classifiable under the HS Code 84.32 as claimed by the importer and assessed by the Collector or HS Code 90.15 as ascertained by the Directorate of I&I or any other relevant headings of first schedule of the Customs Act-1969.
The importers import the soil leveling instruments showing irrigation (tax exempted) instruments in their seven numbers of Good Declaration (GDs) as GD NO: 537,3874,4167, 4817, 6139 and 8914. It was added that, after an immense examination, the relevant agencies found a total difference of Rs107.456million’s value of goods.
It narrated that the actual duty taxes payable on seven GDs were Rs33.328million under all the heads while the importer paid Rs20.343million under all the heads whereas the differential amount of duty taxes to be paid is Rs12.985. It was told that the detecting staff comprised Shahid Jan, Deputy Director I&I, Zahoor Ahmad Mughal, Superintendent and Muhammad Anwar SIO.
