KARACHI: The Model Customs Collectorate, Appraisement East, has unearthed a tax evasion of Rs6.98million in the clearance of different types of aluminum scrap imported by the M/s Naseer Vertiles.
Source told CT that Collector Appraisement East directed the R&D Section to verify the post-clearance consignment of importer M/s Naseer Vertiles. During the scrutiny, it was found that the importer willfully used the Green Channel in the clearance of the consignment of different types of aluminum scrap and caused the national exchequer a loss of Rs6.98 million in terms of duties and taxes.
The sources further told the correspondent that a recovery notice has been sent to the importer before seven days. The R&D sources said the importer has also assured the Customs Appraisement of depositing the evaded amount of Rs6.98 million within seven days.
Earlier, the Model Customs Collectorate of Appraisement East uncovered a tax evasion of Rs05 million in the clearance of imported curtain imported by the M/s Rafi and Sons.