KARACHI: The Customs Collectorate Appraisement East has unearthed tax evasion of Rs 5.58 million in the clearance of different types of motor pumps imported by M/s Wahid Pumping Motors Karachi.
Sources told Customs Today that Collector Appraisement East Saeed Akram directed the R&D Section to verify the post-clearance consignment of the importer M/s Wahid Pumping Motors.
During the scrutiny of import data, it was revealed that the importer willfully used the Green Channel in the clearance of the consignment of different types of water pump, sucking motors and caused the national exchequer a loss of Rs 5.58 million in terms of duties and taxes.
The sources further told that a recovery notice has been sent to the importer before fourteen days. The R&D sources said the importer has also assured the Customs Appraisement of depositing the evaded amount of Rs5.58 million within fourteen days.
Earlier, the Customs Collectorate of Appraisement East uncovered a tax evasion of Rs6.98 million in the clearance of a aluminum scrape imported by M/s Naseer Vertiles.
