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 Karachi

Appraisement East lodges FIR against M/s M.I Traders & others over tax evasion

byM.B. Rana
15/11/2018
in Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Customs Court directed investigation officer of Appraisement East to complete investigations and submit charge-sheet against seven importers, who were booked in mis-declaration and evasion of duty and taxes worth Rs8,204,317.

On November, 14, 2018, investigation officer submitted First Information Report (FIR) against importers namely owners/partners of M/s M.I Traders, Muhammad Ilyas, partner of M/s M. I Traders, Muhammad Naeem, Muhammad Saleem, Muhammad Hanif, Noor Ahmed, owners/partners/directors of M/s Nadeem & Company, owner/ partner of M/s Nadeem Shamim and others.

You might also like

Hinza Asif meets President RCCI

08/06/2026

Karachi Port completes Pakistan’s first 1,500-tonne VLSFO bunkering operation

08/06/2026

He argued that the above-mentioned importers imported a consignment and declared as description of 17, 269 kilograms of hazelnut spread (nutella) C&F value of Rs2,627,676 and 2351.70 kilogram of crisp coconut whole almond raffaelo C&F of Rs298,192 and paid duty and taxes of Rs2,358,951, however during the search, customs officials found 17,356.42 kilograms of hazelnut spread (nutella) C&F value of Rs10,055,422 and 2398.52 kilogram of crisp coconut whole almond raffaelo C&F value of Rs3,046, 468 in which they had to pay duty and taxes of Rs10,563,267.

He argued that they submitted fake and forged documents showing under invoiced/suppressed transaction value of goods; therefor, a case was registered against them and prosecution is trying its best to arrest all of them and will be produced before the court when arrested.

After hearing, the court took the FIR into court record and directed him to complete investigation and submit challan on next date of hearing.

Related Stories

Hinza Asif meets President RCCI

byCT Report
08/06/2026

RAWALPINDI: Hinza Asif, President of Asia Web3 Alliance Japan (AWAJ), held a productive meeting with the President of the Rawalpindi...

Karachi Port completes Pakistan’s first 1,500-tonne VLSFO bunkering operation

byCT Report
08/06/2026

KARACHI: Karachi Port Trust (KPT) has facilitated Pakistan's first-ever delivery of 1,500 metric tonnes of IMO-compliant Very Low Sulphur Fuel...

Maritime affairs minister steps up efforts to free Pakistani seamen held by Somali pirates

byCT Report
08/06/2026

KARACHI: Islamabad has intensified diplomatic efforts to secure the release of Pakistani crew members being held hostage by pirates aboard...

Peshawar Customs to auction over 60 vehicles on June 10, 2026

byCT Report
08/06/2026

PESHAWAR: The Collectorate of Customs (Enforcement), Peshawar, has announced a public auction of more than 60 seized and confiscated vehicles,...

Next Post

Customs Preventive seizes another smuggled betel nuts consignment

  • 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.