KARACHI: The Customs Exports has served three show cause notices on tax defaulters and tax evaders for recovery of dues during the six days of October.
Sources told Customs Today that Custom Exports issued notices to three companies, including M/s Nasir Traders, M/s Sabir and Sons and others.
Source said that M/s Nasir Traders used wrong Pakistan Customs Tariff (PCT) headings to get a consignment of plastic items include fancy board, electric buttons and fan regulators cleared on September 2 and caused a loss of Rs 1.3 million to national kitty.
During the scrutiny of the import data, the Customs Exports detected the misuse of PCT heading for which it was issued with a show-cause notice no: 220/2017 for paying the evaded amounts of tax and duty.
Meanwhile, the Customs Exports unearthed another tax evasion committed by M/s Sabir and Sons who got cleared a consignment of different kinds of fabrics, latha, loan and others. The customs authorities, after a careful investigation, served a show cause notice on the company and asked it to deposit the evaded tax amounts within fortnight.
Another factory M/s A W Leathers ( Abdul Wahid Leathers) cleared a consignment of leathers items like Wallets, jackets and others and used wrong Pakistan Customs Tariff. The custom authorities issued a show cause notice and mentioned to submit all the documents for consignment soon.
It is necessary to mention here that Customs Exports has served 14 show cause notices on tax defaulters and tax evaders for recovery of dues during the 30 days of September.
