KARACHI: The Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 7.24 million during the clearance of different kind of jewelry imported by M/s Safdar Ornaments and Supplies.
Source told Customs Today that the Collector Appraisement East Ashad Jawad directed the R&D section to verify the post clearance consignments of the importer M/s Safdar Ornaments and Supplies.
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During the scrutiny, it was found that the said importer willfully used Green Channel in the clearance of consignments of different kind of jewelry and caused a loss of Rs 7.24 million to the national exchequer in terms of duty and taxes.
The sources further informed that a recovery notice has been sent to the importer. The R&D sources said that the importer has also assured that it will deposit the evaded amount of Rs 7.24 million during within seven days.
Earlier Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 6.88 million in the clearance of plastic items imported by M/s Ghani Plastics and Kitchen Accessories.
