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

Customs Export issues show-cause notice, receives evaded tax amount

byWaqar Ahmed Ansari
26/01/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: The Model Customs Export issued a show-cause notice to a company, M/s Areeba Garments involved in tax evasion and ordered it to pay the dues. In another case, the department received evaded tax amount from two companies.

According to details, a show-cause notice was issued to M/s Areeba Garments, located at Dalmia for the recovery of evaded tax amount. The company evaded tax money Rs 98,000 by using wrong PCT Heading to get clearance of a consignment in December 2016.

You might also like

Pakistan invites Turkish investment in maritime sector at Istanbul summit

03/07/2026

Pakistan’s GDP growth for FY26 to remain above govt estimate: SBP governor

03/07/2026

During the scrutiny of clearance documents, the customs authorities found that the company evaded Rs 98,000 duty and taxes in the above said consignment.

After finding the fraud in duty payment, the customs authorities issued a show-cause notice to the company and ordered to submit the payable amount within a week.

Whereas, the customs authorities recovered evaded tax amount of Rs 156,000 from M/s Rashid Enterprises and Rs 123,000 from M/s Unique Food Flavors. The said companies evaded tax in different consignments during last year. Both companies were ordered by the customs export through a notice to submit the evaded amount. Both companies submitted their payable amount within given time period.

 

Related Stories

Pakistan invites Turkish investment in maritime sector at Istanbul summit

byCT Report
03/07/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said that green shipping, resilient supply chains, the blue...

Pakistan’s GDP growth for FY26 to remain above govt estimate: SBP governor

byCT Report
03/07/2026

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday projected that the country’s economic growth will be higher...

Banks to cover remittance transfer costs as SBP ends incentive

byCT Report
02/07/2026

KARACHI: The State Bank of Pakistan (SBP) has discontinued the Telegraphic Transfer Charges Incentive Scheme (TTCIS), which reimbursed banks for...

Sindh Revenue Board collects Rs370b in taxes in FY26

byCT Report
02/07/2026

KARACHI: The Sindh Revenue Board (SRB) collected a record Rs370.06 billion in FY2025-26, up 20.17% from Rs307.93 billion in the...

Next Post

FIA arrests human trafficker

  • 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.