KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs9.49million from defaulter companies in Karachi and Mirpur which were issued with notices to pay the arrears.
Sources told Customs Today that, during scrutiny of the import data, it was revealed that M/s Yonus Embroidery Karachi availed undue benefits and concessions after importing different consignments by misusing the SRO 561 through Examiner Nasir Ali on December 13, 2017.
Sources further told Customs Today that the company was allegedly involved in the tax evasion of Rs4.25million.
After detecting the tax evasion, the Customs Export served on it a final notice on January 17, 2018 to deposit the evaded amount within 14 days.
After receiving the notice, the management of M/s Yonus Embroidery Karachi deposited the evaded amount in the official account of the Customs Export on 7th of February.
On the other hand, the management of M/s Union Traders and Export (Mirpur) also cleared Rs5.24million of taxes and duties on 5th of February. Sources told the correspondent that M/s Union Traders and Export also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued to it a final notice on January 22, 2018. After receiving the notice, the management of the M/s Union Traders and Export (Mirpur) deposited the evaded amount of taxes into the official account.
