KARACHI: The Customs Export has recovered evaded duties and taxes of Rs 13.58 million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that during the scrutiny of the import data, it was revealed that M/s Super Handicrafts availed undue benefits and concessions by importing different consignments by misusing the SRO 568 through Examiner Yahya Khan on August 17, 2017.
Sources said that the company was allegedly involved in tax evasion of Rs 6 million. Investigations was continue, after detecting the tax evasion; the Customs Export issued with a final notice on February 22, 2018 to deposit the evaded amount within 14 days.
After receiving the notice, the management of M/s Super Handicrafts Karachi deposited the evaded amount in the official account of the Customs Export on 7th March, 2018.
On the other hand, the management of the M/s Mughal Traders also cleared outstanding amount of Rs 7.58 million of taxes and duties. Sources told that M/s Mughal traders also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities served on it a final notice on February 16, 2018. After receiving the notice, the management of the M/s Mughal traders deposited the evaded amount of taxes today.
