KARACHI: The Model Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 3.28 million in the clearance of surgical items imported by M/s GM Traders.
Source told Customs Today that the Collector Appraisement East Ashadd Jawad directed the R&D section to verify the post clearance consignments of the importer M/s GM Traders.
During the scrutiny, it was found that the said importer willfully used Green Channel in the clearance of a consignments of Surgical items and caused a loss of Rs 3.28 million to the national exchequer in terms of duty and taxes.
The sources further informed that a recovery notice has been sent to the importer. The R&D sources said that the importer has also assured that it will deposit the evaded amount of Rs 3.28 million during within seven days.
It is necessary to mention here that Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 12.56 million in the clearance of electronics items imported by M/s Farooq Traders before seven days.
