The Model Collectorate of Customs (MCC) has recovered Rs 70.78 million as evaded duty from a leading manufacturer, which was involved in the business and imported goods through MCC. According to a press release issued on Tuesday, the record of other local assemblers is being scrutinised to arrive at correct position.
Since it has been now proved that the local assemblers and vendors have not been paying additional duty as per SRO-055 (1) 2000. Similarly, the Customs Preventive Collectorate, Karachi, has also recovered an amount of Rs 3.35 million as additional customs duty in cases pointed out by the Directorate.
In rest of the cases, orders-in-original for recovery of balance amount have been issued by the Collectorate, which are presently pending before the Appellate forum for final decision and it is expected that an amount of Rs 60.85 millions will be recovered from the importers by the concerned Collectorates.
Moreover, this detection and subsequent inquiry into the matter has revealed that the relevant SRO was not uploaded in the system by PRAL, which facilitated this evasion. Necessary correction has now been made in the PRAL system, which will now result in ensuring payment of due duty and taxes in future imports of auto parts.-PR
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