KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 12.28 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 BB Knitwear Karachi availed undue benefits and concessions by importing different consignments by misusing the SRO 566 through Examiner Suhail Khan on 11th October 2017. Sources said that the company was allegedly involved in tax evasion of Rs 4.28 million.
After detecting the tax evasion, the Customs Export issued it with a final notice on November 17, 2017 to deposit the evaded amount within 14 days, but the defaulter company took time to deposit amount.
After receiving the notice, the management of M/s B B Knitwear Karachi deposited the evaded amount in the official account of the Customs Export on 14th February.
On the other hand, the management of the M/s Naseem Home cleared chemicals Rs 8 million of taxes and duties. Sources told t that M/s Naseem Home 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 January 18, 2018. After receiving the notice, the management of M/s Naseem Home deposited the evaded amount of taxes on 13th February.
