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 recovers evaded tax of Rs 4.78m from M/s Hanif Furniture & Co

byWaqar Ahmed Ansari
03/11/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Model Customs Collectorate of Appraisement East has unearthed tax evasion of Rs 4.78 million in the clearance of mattress and its covered sheets imported by M/s Hanif Furniture and Co.

Source told Customs Today that Collector Appraisement East Ashadd Jawwad directed the R&D section to verify the post clearance consignment of the importer M/s Hanid Furniture. During the scrutiny, it was found that the importer willfully used the Green Channel in the clearance of a consignment of mattress and its covered sheets and caused the national exchequer a loss of Rs 4.78 million in terms of duties and taxes.

You might also like

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

25/08/2026

PSW, PAA sign MoU to digitalize air cargo charge collection

25/08/2026

The sources further told 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 4.78 million within seven days.

Earlier Customs Collectorate of the Appraisement East has unearthed the tax evasion of Rs 3.26million in the clearance of medical accessories imported by M/s Safina & Co.

Source said more than 18 cases are under investigation and there is possibility that during the month of November Collector Appraisement East Ashadd Jawwad will issue more notices for recovery.

 

 

 

Related Stories

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

byCT Report
25/08/2026

LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...

PSW, PAA sign MoU to digitalize air cargo charge collection

byCT Report
25/08/2026

ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...

State Bank reveals cost of printing Rs5,000, Rs1,000 currency notes

byCT Report
25/08/2026

KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...

Pakistan receives over $763m in external assistance in July

byCT Report
25/08/2026

ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...

Next Post

KP businessmen threaten with protest movement if regulatory duties not withdrawn

  • 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.