Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Appraising Intelligence Branch issues notices to importers for evading taxes amounting to Rs 7m

bySohail Rab
27/05/2015
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Appraising Intelligence Branch (AIB/R&D) has served short recovery demand notices on five importers for their alleged involvement in evading duty and taxes amounting to Rs 7 million on import of surgical instruments through misdeclaration of PCT Heading.

The AIB/R&D has issued notices to Molar and Philip, Nasir Trade Company, Ghazi Brothers, Medico Health and Intra Health.

You might also like

Punjab revises property valuation rates to attract UAE & Gulf investors

05/05/2026

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

05/05/2026

Sources informed Customs Today that the AIB/R&D officials, while scrutinising the past clearance data of the surgical instruments, found that the importers cleared the consignment containing needles under incorrect PCT Heading 9018.3950, while this shipment comes under PCT Heading 9018.3200.

Subsequently, the AIB/R&D authorities concerned informed the Additional Collector Nayyar Shafique about detecting the tax evasion cases against those importers.

ADC Nayyar Shafique directed the AIB/R&D officials to issue short recovery notices to the importers for recovery the differential amount.

The sources further informed this scribe that total 16 consignments relating to the short recovery against those five importers have been detected by the AIB staffers in which four consignments were linked with the importer Molar & Philip; three consignments were cleared by Nasir Trade Company; three consignments of Ghazi Brothers; four consignments against Medico Health and two consignments against Intra Health.

They further said that the AIB/R&D has issued time barred notice to importers for depositing the differential amount in the national exchequer; otherwise their future consignments would be blocked by the customs.

Related Stories

Punjab revises property valuation rates to attract UAE & Gulf investors

byCT Report
05/05/2026

LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

byCT Report
05/05/2026

LAHORE: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately instruct its field...

FTO dismisses Rs70m tax evasion complaint

byCT Report
05/05/2026

LAHORE: The Federal Tax Ombudsman (FTO) has dismissed a complaint involving alleged tax evasion of over Rs70 million, reiterating that...

FBR waives penalties on Rs8.77b tax liability of PIA

byCT Report
05/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting...

Next Post

RTO Faisalabad seems reluctant to arrest income tax defaulters

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.