KARACHI: Newly appointed Collector Customs Export Saqif Saeed has said that we will collect larger amount of arrears and dues from defaulter companies during the current month. Nowadays we are reviewing the situation of the last six months.
Today the Customs Export has recovered evaded taxes and duties amounting to Rs11.85million from defaulter companies which were earlier issued with notices in this regard.
Sources told Customs Today that, during scrutiny of the import data, it was found that M/s Reliance Traders availed undue benefits and concessions by importing different consignments of general items including diapers, baby feeders and other articles in the month of November 8, 2017 through Examiner Shoaib Ali from the Port Qasim by misusing the SRO 569.
After the scrutiny, the company was found involved in a tax evasion of Rs07million. After detecting tax evasion, the Customs Export issued them with final notice before 17 days to deposit the evaded amount within seven days.
After receiving the notice, the management of the M/s Reliance Traders deposited the evaded amount in the official account of the Customs Export on March 6, 2018.
On the other hand, the management of the M/s Waseem Marble and Granite also cleared Rs4.85million of taxes and duties. Sources told CT that M/s Waseem Marble and Granite also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities served on them a final notice on February 22. After receiving the notice, the management of the M/s Waseem Marble and Granite deposited the evaded amount of taxes on February 6.
