KARACHI: The Customs Export recovered evaded amount of Rs 11.75 million from M/s Rubina Associates and M/s Danish Carpets Hyderabad.
Sources told Customs Today that during scrutiny of the import data, it was revealed that M/s Rubina Associates availed undue benefits and concessions by importing various types of branded juices and gents shoes by misusing the SRO 559 through Examiner Tufail Azeem on August 16, 2017.
Sources said that the company was allegedly involved in tax evasion of Rs 5.27 million. Investigations were started after detection of the tax evasion and the Customs Export issued a final notice on 1st June, 2018 to deposit the evaded amount within 7 days, after receiving the notice. The management of M/s Rubina Associates deposited the evaded amount in the official account of the Customs Export on June 13th, 2018.
While the management of the M/s Danish Carpets Hyderabad also cleared Rs 6.48 million of taxes and duties. Sources said that M/s Danish Carpets Hyderabad 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 29th May. The management of M/s Danish Carpets Hyderabad deposited the evaded amount of taxes on 13th June 2018.
