FAISALABAD: The Customs Collectorate recovery branch recovered Rs5.12 million in wake of differential amounts from five Faisalabad base companies during month of January 2018.
Recovery branch Superintendent Rana Mukhtar Ahmed said that the Faisalabad Customs has also started a survey for the recovery of taxes from tax defaulters companies.
He added that under the supervision of Collector Asif Mehmood Jah a team comprising Inspector Muhammad Ramzan Shahid, Rana Abdul Nasir, Khalid Ashraf Noor, Muhammad Asif, Mehmood Ahmed Dogar, Muhammad Afzal Awan, Tanveerul Haq, and Abdul Jabbar, also clerk Abdul Sattar has been formed. The recovery branch Superintendent Mukhtar and said that operation has been initiated against the tax defaulters.
Customs authorities issued many notices to different companies asking them to clear outstanding tax amount to avoid stern action. After receiving the final tax notice the management of M/s Cresent Textile Mills, M/s Ali and Sameer International, M/s Al Aziz Packages, M/s A.M Knitwear and M/s Kalash Textile Mills Faisalabad a deposited the evaded amount of taxes and duties.
It is necessary to mention here that as the current fiscal year is going to expire soon Customs Recovery authorities are using all available resources to recover outstanding amount from defaulters.
As per details, the department recovered Rs 38,65,666 from M/s Crecent Textile, 336118 from M/s Ali and Sameer, M/s Kalash Textile Mills deposited Rs493500 while Rs128823 were deposited by Al Aziz Packages and A.M Knitwear deposited Rs3,00,000 evaded taxes in governments accounts. Customs Recovery Branch expedited their efforts to recover outstanding tax amount from defaulter companies.
