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Customs Export retrieves Rs57.86m in 15 days after notices served

byWaqar Ahmed Ansari
06/04/2018
in Karachi, Latest News
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KARACHI: The Customs Export has recovered Rs57.86million during the past 15 days as the method of sending notices to defaulter companies continues.

The Customs Export has recovered an evaded amount of taxes and duties of Rs17.81million from defaulter companies which were earlier issued with notices to pay the arrears.

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Sources told Customs Today that, during a scrutiny of the import data, it was revealed that M/s Akram Cutters and Marble Accessories availed undue benefits and concessions after importing different consignments of automatic marble machine Ginza by misusing the SRO 561 clearing through Abdul Shakoor on November 6, 2017.

Sources further said that the company was allegedly involved in the tax evasion of Rs5.48 million. After detecting the tax evasion in the end of the month, the Customs Export served on it a final notice on 12th of March 2018 to deposit the evaded amount in 14 days.

After receiving the notice, the management of the M/s Akram Cutters and Marble Accessories deposited the evaded amount into the official account of the Customs Export on 5th of April in favor of the Custom Export.

Another defaulter company named M/s Aryan Mechanical and Co also cleared Rs12.33million of taxes and duties. Sources told the correspondent that M/s Aryan Mechanical and Co 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 20th of March 2018. After receiving the notice, the management of the M/s Aryan Mechanical and Co deposited the evaded amount of taxes into the official account.

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