Customs Adjudication penalizes M/s Fatima Fertilizer Company

KARACHI: Collector Customs Adjudication Chaudry Mohammad Javaid has ordered M/s Fatima Fertilizer Company to deposit a sum of Rs15.131 million into the government treasury as the amount was evaded/short paid through claiming inadmissible benefit of SRO 575(I)/2006.

Collector Adjudication has also imposed a penalty of Rs0.8 million on the fertilizer company.

According to the details of the case as reported by Post Clearance Audit (PCA), M/s Fatima Fertilizer 08 consignments and sought the benefit of SRO 575(I)/2006. However, the importing company provided Annex-I for only two consignments. According to the provisions of said SRO, the importer is responsible to provide Annex-I, which is a mandatory requirement for entitlement of the exemption available under the said SRO.

Collector Adjudication observed that the charges framed by PCA stand partially established as Annex-I for only two GDs have been provided and 06 are absent.

Collector Adjudication established that the mandatory condition has not been fulfilled, therefore the leviable duty/taxes of Rs15.131 million are recoverable from the importer after re-confirmation from the relevant record.

M/s Fatima Fertilizer Company was represented by Akhtar Ali Naeem Advocate while Customs was represented by Appraiser M.D Vohra and Habib-ur-Rehman.

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