Chattogram Bureau :
Customs officials detected Portland cement in 30 containers imported from UAE with false declaration of plastic raw materials meant for a industrial unit . After physical inventory of these containers on Tuesday , customs detected cement instead of plastic aimed at evading govt duty on import.
Customs sources said Portland cement imported in the nameof PranBeverages Ltd instead of plastic raw materials aimed at evading govt tax. Joint commissioner of Customs Sadhan Kumar Kundu told that the consignment came at port on May 26 last with declaration of 510 tons of plastic raw materials.
On suspicion, customs opened the containers on June 6 last where 350 bags cement found in each container. He also apprised that the import duty on plastic rawmaterials is 32 percent whereas duty on cement is 91 percent . Customs sources further said the total duty on declared plastic raw materials came Tk.1.42 crores but dutyon imported cement came Tk.4 crores .
So the importer tried to evade govt duty with false declaration and suspecting whether it is a tactics of money laundering .
Customs officials detected Portland cement in 30 containers imported from UAE with false declaration of plastic raw materials meant for a industrial unit . After physical inventory of these containers on Tuesday , customs detected cement instead of plastic aimed at evading govt duty on import.
Customs sources said Portland cement imported in the nameof PranBeverages Ltd instead of plastic raw materials aimed at evading govt tax. Joint commissioner of Customs Sadhan Kumar Kundu told that the consignment came at port on May 26 last with declaration of 510 tons of plastic raw materials.
On suspicion, customs opened the containers on June 6 last where 350 bags cement found in each container. He also apprised that the import duty on plastic rawmaterials is 32 percent whereas duty on cement is 91 percent . Customs sources further said the total duty on declared plastic raw materials came Tk.1.42 crores but dutyon imported cement came Tk.4 crores .
So the importer tried to evade govt duty with false declaration and suspecting whether it is a tactics of money laundering .