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 Karachi

M/s Colgate-Palmolive served show-cause notice for tax evasion of Rs 99m

byAftab Channa
05/08/2017
in Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Collector of the Collectorate of Customs Adjudication-I has issued a show-cause notice to M/s Colgate-Palmolive (Pakistan) Limited for allegedly evading duty and taxes worth Rs 99 million.

According to the show-cause notice, during the scrutiny of import data related to the imports of branded tooth brushes, it was found that M/s Colgate-Palmolive, with active connivance of their clearing agents M/s Qazi Anwar Ul Islam and Company, agent license TT Traders, imported various consignment of “Colgate brand toothbrushes” under PCT Heading 9603.2100 and cleared the subject goods at lower values than the values determined vide valuation database letter no 32 issued by Directorate General Customs Valuation dated 19-08-2016(0.33/pc).

You might also like

PM directs petroleum minister to negotiate with refineries for diesel price relief

19/08/2026

Google introduces Digital Pasban to tackle online risks for children

19/08/2026

It was observed that the importer intentionally and deliberately got cleared subject goods at lower values with mala-fide intention to deprive the government exchequer from its legitimate revenue.

It was evident that M/s Colgate-Palmolive (Pakistan) Limited, willfully and intentionally got their consignments cleared at lower values and evaded duty / taxes to the tune of Rs 99 million.

Therefore, M/s Colgate-Palmolive (Pakistan) Limited has been served a notice to either appear personally or depute its consul to contest the allegations levelled in the show-cause notice.

Related Stories

PM directs petroleum minister to negotiate with refineries for diesel price relief

byCT Report
19/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed Petroleum Minister Ali Pervaiz Malik to immediately reach Karachi and hold negotiations...

Google introduces Digital Pasban to tackle online risks for children

byCT Report
19/08/2026

KARACHI: Google is set to unveil “Digital Pasban” on Thursday, a new initiative aimed at equipping Pakistani families with tools...

LCCI helps reopen sealed factory in Saggian industrial area

byCT Report
19/08/2026

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Faheem Ur Rehman Saigol visited the Saggian Industrial Area and met...

FBR, ICAP jointly organise seminar on filing tax return for TY 2026

byCT Report
19/08/2026

PESHAWAR: The Federal Board of Revenue (FBR) and the Institute of Chartered Accountants of Pakistan (ICAP), Peshawar Office, jointly organised...

Next Post

ASO seizes huge quantity of NDP goods in last week 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.