KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 11.22 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 Exclusive Curtain and Export availed undue benefits and concessions by importing printing and sewing machines by misusing the SRO 556 through Examiner Naseer Sharif on October 5, 2017.
Sources said that the company was allegedly involved in tax evasion of Rs 3.22 million. After detecting the tax evasion and investigation, the Customs Export issued it with a final notice to deposit the evaded amount.
After receiving the final notice, the management of M/s Exclusive Curtain and Export deposited the evaded amount in the official account of the Customs Export.
Another defaulter company, management of the M/s Uroosa Textile also cleared Rs 8 million of taxes and duties. Sources told that M/s Uroosa Textile 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 March 24, 2018. After receiving the notice, the management of the M/s Uroosa Textile deposited the evaded amount of taxes.
