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Home Breaking News

$34,600 fraud: FIR registered against exporter, clearing agents

byM Hayat
23/08/2014
in Breaking News, Customs Agents, Lahore, Latest News, Slider News
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LAHORE: The Customs Intelligence and Prosecution Dry Port Mughalpur has lodged an FIR against an exporter and clearing agents in a fraud of $34600 foreign exchange.,

According to the Customs authorities, exporter M/s Shehanshah Traders exported goods and articles by using fake ‘E’ form in connivance with the customs clearing agents and did not bring in valuable foreign exchange worth $34,600.

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The exporters exported hand belts worth $1,500, garments $1,500, religious books $1,000, salt $1,000, Islamic books $1,000, printing press blades $3,000 and furniture worth $1,000, the customs officials explained.

The deputy collector of customs adjudication had asked the customs authorities to register a criminal case against the accused. The deputy collector also imposed a penalty equal to ten times of the customs duty on all goods, they added.

The customs authorities alleged that M/s Shehanshah Traders, M/s New Sea Line International Customs Clearing Agent, M/s Pak Ports Customs Clearing Agents, and M/s Danish Traders Clearing Agency deliberately inflicted a loss of $34600 on the national exchequer.

They added that a case under Customs Act and Foreign Exchange Regulation Act has been registered against the exporter and the clearing agents.

The customs authorities said that further investigations were under process and raids were being conducted in order to arrest the accused.

Tags: brecorderCustoms Intelligence and Prosecution Dry Port MughalpurFBRM/s Danish Traders Clearing AgencyM/s New Sea Line International Customs Clearing AgentM/s Pak Ports Customs Clearing AgentsM/s Shehanshah Traders

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