Circular, Events & Promotion from KCCI |
Printing of NTN of the importer on front side of Pay Order along with the name of Importer |
We have been received a Letter No. MCC/Misc/61/2017/R&D(East) of Dated May 3, 2017, from Model Customs Collectorate of Appraisement (East), Custom House Karachi for the following instruction as under : It has been observed that on the front of Pay orders only “on account of collector customs, Karachi A/C party XYZ” is typed whereas NTN of the importer is not mentioned, and the same is hand written on the back of PO. This non mentioning of NTN of the importers on front of Pay Order by the issuing banks, leaves room for fraudulent deposit of Pay order of one importer into the PD Account of another importer. In view of the above, the competent authority has directed that w.e.f. May 15, 2017, the security section will receive only those Pay Order as Security where NTN of the importer is printed on its front side along with its name. |