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 recovers evaded amount of Rs 13.19m from defaulter companies

byWaqar Ahmed Ansari
05/04/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 13.19 million from three defaulter companies which were issued with notices to pay the outstanding dues.

Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Relevant Medicals availed undue benefits and concessions after importing different consignments including medical accessories, electronic wheelchairs, BP apparatus and other goods by misusing the SRO 542 through Examiner  Qayyum Dolari on September 4, 2017. Sources said that the company was allegedly involved in the tax evasion of Rs 3.56 million.

You might also like

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

03/06/2026
xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

03/06/2026

After detecting the tax evasion the Customs Export served on it a final notice on March 19, 2018 to deposit the evaded amount within 14 days. After receiving the notice, the management of M/s Relevant Medicals deposited the evaded amount in the official account of the Customs Export on 3rd April, 2018.

On the other hand, the management of the M/s Farzi Chemicals also cleared Rs 3.63 million of taxes and duties. Sources told that M/s Farzi Chemicals also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.

Customs Export authorities issued to it a final notice on March 21, 2018. After receiving the notice, the management of the M/s Farzi chemical deposited the evaded amount of taxes into the official account.

 

Related Stories

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

byCT Report
03/06/2026

ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

byCT Report
03/06/2026

ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...

Govt mulls tax relief package for exporters in Budget 2026-27

byCT Report
03/06/2026

LAHORE: The federal government is reportedly preparing a package of tax relief measures for exporters as part of the upcoming...

Pakistan offers Maritime projects to Saudi investors

byCT Report
03/06/2026

KARACHI: Saudi Arabia has signalled its intent to invest in the maritime sector of Pakistan, including the strategically important Gwadar...

Next Post

Customs Adjudication decides 232 cases involving Rs509.663m revenue

  • 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.