KARACHI: The Customs Export on Thursday has recovered evaded amount of taxes and duties of Rs 10.97 million from 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 Glamour Marble and Export availed undue benefits and concessions by export different kinds of marble polish tiles (12×24) by misusing the SRO 561 through Examiner Shafiq Ur Rehman on October 19, 2017.
Sources said that the company was allegedly involved in tax evasion of Rs 6.47 million. The Customs Export issued it with a final notice on May 2, 2018 to deposit the evaded amount within 14 days.
After receiving the notice, the management of M/s Glamour Marble and Export deposited the evaded amount in the official account of the Customs Export on May 24.
Sources said that the management of the M/s Raju Baweja & Sons also cleared Rs 4.50 million of taxes and duties. Sources revealed that M/s Raju Baweja & Sons also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities served on it a final notice on May 10, 2018; the management of the M/s Raju Baweja & Sons deposited the evaded amount of taxes on May 24.
