KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs5.93million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that, during the scrutiny of the import data, it was revealed that M/s Zia-ur-Rehman and Sons availed undue benefits and concessions by importing different consignments and misusing the SRO 566 through Examiner Murtaza Khan.
Sources told CT that the company was allegedly involved in tax evasion of Rs3.55million. After detecting the tax evasion, the Customs Export issued to it a final notice on November 24, 2017 to deposit the evaded amount within 14 days. After receiving the notice, the management of M/s Zia-ur-Rehman and Sons deposited the evaded amount in the official account of the Customs Export on December 22.
On the other hand, the management of the M/s Nusrat Garments Karachi also cleared Rs2.38million of taxes and duties. Sources told the correspondent that M/s Nusrat Garments Karachi also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued to it with a final notice on 4th of December, 2017. After receiving the notice, the management of the M/s Nusrat Garments Karachi deposited the evaded amount of taxes.
