ISLAMABAD: Directorate General Customs Intelligence and Investigation, Federal Board of Revenue has detected another case of duty and tax evasion amounting to more than Rs 10 million at the Air Freight Unit of Benazir Bhutto International Airport, Islamabad, allegedly by the importer firm M/s Mayo Enterprises Ferozepur Road Lahore.
According to the sources, the Directorate General received information that M/s Mayo Enterprises, Usama Block Nishter Colony Ferozpur Road, Lahore are involved in evasion of duty and taxes by means of mis declaration of value on account of suppression of the actual freight charges.
The Directorate General Customs Intelligence has started the investigation against importer Muhammad Nawaz under the section 25, 32 (1) & (2) read with Section 79 and 80 of the Customs Act read with the rule 108 of the Customs rules, 2001 notified S.R.O. No. 450 (1) 2001 punishable under clause (14) of section 156 (1) of the Customs Act 1969 further read with SRO 499 (1) 2009.
The staff of Directorate General has detained the consignment comprise miscellaneous goods shoe accessories, CCTV cameras, imitation jewellery and P.U. Coated Cloth to ascertain veracity of the information and to take necessary action as warranted under the law and for the scrutiny of relevant import documents and reexamination of the consignment.
