KARACHI: The Intelligence Unit of Customs Appraisement East on the directive of Collector Dr Nadeem Memon has unearthed the evasion of millions of rupees duty and taxes under the umbrella of transshipment (TP) here on Tuesday.
According to the details, on the directive of the Collector Nadeem Memon, Deputy Collector Raza Naqvi constituted a team comprising PA Saleem Qaemkhani, Senior Preventive Officer Malak Hashim, Adil Rasheed and sepoy Samar to conduct examination of a consignment imported by M/s Zulfiqar Traders of Faisalabad that had arrived from Malaysia to Pakistan International Container Terminal (PICT).
The examination found the goods including new speakers, new household scissors, new stainless steel nuts/bolts, stainless steel pipe fittings, artificial jewelry, used circuit breakers, used air compressors, used valves, used medical equipment and other goods worth $50,581 but M/s Zulfiqar Traders of Faisalabad declared goods as one lot comprising old and used machinery worth $9,000 in the GD. The recoverable amount of duty and taxes stands at Rs3.77 million.
Customs Collectorate (MCC) Appraisement East has lodged an FIR against M/s Zulfiqar Traders over mis-declaring the description, quantity and imports of banned items in the garb of new and used miscellaneous items to evade duty and taxes in millions of rupees. Further investigation has been started against M/s Zulfiqar Traders.
