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Recovery of Rs49.524m: Multan Customs issues attachment warrant against M/s Mushtaq Leathers Industries

Recovery of Rs49.524m: Multan Customs issues attachment warrant against M/s Mushtaq Leathers Industries

MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) issued attachment warrant against M/s Mushtaq Leathers Industries for the recovery of outstanding amount Rs.49.524 million.

According to details, Mushtaq Leather Industry Ltd has imported raw material for manufacturing of goods and evaded tax amount of Rs49.524 million by paying less duty taxes during clearance of imported consignments from Multan Dry Port. The Collectorate has asked several times to said importer to clear payment of remaining duty taxes.

But the said importer failed to clear remaining tax amount to Multan Customs Collectorate and Recovery branch of Multan has attached their bank accounts and immoveable properties to recover outstanding taxes.

Multan Customs has detained one vehicle and considering auction of two commercial shops located near Clock tower Ghanta Ghar Multan for recovery of their outstanding amount from defaulter after serving final notice but the importer accused has taken stay order against them from Lahore High Court Multan bench against the decision of Multan Customs.

Multan Customs have reinstated their recovery notice once again for collection of outstanding taxes from M/s Mushtaq Leather Pvt Industries. Said importer is using delaying tactics for depositing of them owe duty taxes from last few months. Therefore, Multan Customs has initiated stern action against the company to recover the outstanding dues from said company.

Superintendent Habib-ur-Rehman has been appointed attachment officer for recovery of outstanding amount under Customs Rules,2001.The Multan Customs Enforcement & Compliance will also attach bank accounts of defaulter for recovery under Section 202 of Customs Act, 1969.