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

IMF presses Pakistan to meet Rs15.26tr tax target

03/11/2026

Pakistan surpasses vietnam in rice exports during September 2026

03/11/2026

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

IMF presses Pakistan to meet Rs15.26tr tax target

byCT Report
03/11/2026

LAHORE: The International Monetary Fund (IMF) has expressed concern over Pakistan’s declining tax collections, urging the government to take additional...

Pakistan surpasses vietnam in rice exports during September 2026

byCT Report
03/11/2026

ISLAMABAD: Pakistan recorded a significant increase in rice exports in September 2026, overtaking Vietnam despite tensions in the Gulf region...

Pakistan targets China, Saudi Arabia & Iran to expand agricultural exports

byCT Report
03/11/2026

LAHORE: The government and the Lahore Chamber of Commerce & Industry (LCCI) have agreed to work together to increase Pakistan’s...

JazzCash & Easypaisa halt aggregator services amid FIA gambling probe

byCT Report
03/11/2026

KARACHI: The digital payments landscape in Pakistan is facing another massive disruption. The fintech giants, JazzCash and easypaisa, have completely...

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.