KARACHI: The Customs Export has recovered evaded taxes and duties of Rs 10.25 million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Mougheera & Company availed undue benefits and concessions after importing different consignments by misusing the SRO 568 through Examiner Usman Ali on August 2017. Sources further said that the company was allegedly involved in the tax evasion of Rs 4.56 million.
After detecting the tax evasion in the month of February 2018,, the Customs Export served on it a final notice on February 22 , 2018 to deposit the evaded amount within fourteen days, but Defaulter Company couldn’t submit amount.
In March After receiving the notice, the management of M/s Mougheera & Company deposited the evaded amount in the official account of the Customs Export on 5th, March 2018.
On the other hand, the management of the M/s Classic Paints Gharo also cleared Rs5.69 million of taxes and duties. Sources told the correspondent that M/s Classic Paints Gharo 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 February 19, 2018. After receiving the notice, the management of the M/s Classic Paints Gharo deposited the evaded amount of taxes into the official account on Monday.
