SHC orders securing of duty taxes, 50 per cent of penalty with Nazir

KARACHI: Lucky Cement was ordered to secure the amount of duty,taxes and 50 per cent of penalty with Nazir.

The bench was hearing a constitutional petition filed by the cement manufacturer on import of a component of a cement manufacturing plant.

Khalid Rajpar Advocate appearing for the Directorate of Intelligence & Investigation (DIT) submitted a contravention / seizure report maintaining that the component attract duty and taxes. Ali Almani advocate, counsel for petitioner refuted such contention and said CGO must be looked into.

The bench termed the issue as a prime one and while adjourning hearing for 15 days ordered the petitioner company to deposit the amount of duty and taxes as per seizure report and 50 per cent of penalty if any is imposed with the Nazir of SHC.

The bench also called para wise comments before next hearing.

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