Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Uncategorized

Karachi Customs uncovers Rs67.7m tax evasion on import of polyester suiting

byWaqar Ahmed Ansari
13/07/2017
in Uncategorized
Share on FacebookShare on Twitter

KARACHI: The Model Custom Collectorate Karachi detected evasion of duty/taxes amounting to Rs67.7million on import of ladies/gents polyester suiting. Shirting fabric and polyester dyed fabric were confiscated on account of misuse of SRO 659(I)/2007. Sources said the appraising officer processed the Goods Declarations (GDs) without taking cognizance of mis-declared PCT by the importer that the declared description and found description of the goods was polyester fabric attracting PCT 5407.5200 rather incorrect PCT applied by importer of nylon fabric 5407.4200 thereby availing otherwise inadmissible benefit of SRO 659(I)/2007 is by 4.0 percent. Sources further said the first GD processed became the part of past 90-day data and officers were then bound to accord the same treatment to other GDs. Appraising Officer (AO) Qaisar Nadeem Chatha processed 45 GDs, AOs Akram Basra and Mohammad Bilal processed 27 GDs each, Khurram Rafique did 18 GDs, Principal Appraiser (PA) Tariq Aziz processed 06 GDs, AO Abdul Hameed did five consignments. PA Abdur Rasheed Shaikah, AO Aziz Sarwar, AO Ehtesham-ul-Haq Paracha and AO Khalid Pervez processed 04 GDs each.

Moreover, AOs Hafiz Jokhio and Khalid Hasan Awan processed 03 GDs, AOs Imtiaz Hussain Khan, Sarfaraz Bangalzai, Syed Kamaluddin, Roshan Ali Khan and PA Ghulam Murtaza processed 02 GDs. AOs Amjad Iqbal, Imdad Ali Bozdar, Naeem Butt, Zulfikar Ali Shaikh, Mohammad Idrees, Rauf Khan, Shahid Murad, Noor Mohamad Kalwar and PAs Khalid Umar, Ahmed Nawaz and Sultan Aurungzeb one GD each on which inadmissible benefit of SRO 659(I)/2007 was availed.

You might also like

Pakistan to get $3b loan from Islamic Trade Financing Corporation

20/10/2024

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

10/09/2024

Sources added that the appraising staff, including PAs and AOs, connived with the importers and clearing agents for their own benefit at the cost of the national exchequer.

Related Stories

Pakistan to get $3b loan from Islamic Trade Financing Corporation

byCT Report
20/10/2024

ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

byCT Report
10/09/2024

LAHORE:  Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...

ICCI and CDA to join hands for tree plantation drive in Capital

byQaisar Mansoor
09/08/2023

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...

Customs Officials Yawar Abbas & Tariq Mehmood kidnapped in Karachi

byCT Report
08/07/2023

KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...

Next Post

Hyderabad Customs collects Rs471.774m customs duty & taxes during 10 days of July

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.