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

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

24/06/2026

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

24/06/2026

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

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report
24/06/2026

HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

byCT Report
24/06/2026

KARACHI: The federal government borrowed more than Rs. 4.9 trillion from commercial banks during the first eleven and a half...

FBR freezes bank accounts over Rs23.23b tax dispute

byCT Report
24/06/2026

LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Universal Service Fund (USF), a government-owned...

Govt abolished Super Tax for major export-oriented companies

byCT Report
24/06/2026

ISLAMABAD: The federal government has approved the complete abolition of Super Tax for companies whose export receipts account for more...

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.