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Home Karachi

Customs Export recovers Rs45.84m during first week of May

byWaqar Ahmed Ansari
10/05/2018
in Karachi, Latest News
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KARACHI: The Customs Export has recovered Rs45.84 million in the first week of May.

Customs Export has recovered an evaded amount of taxes and duties of Rs 8.73 million from defaulter companies which were issued with notices to pay the outstanding dues.

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Sources told that during scrutiny of the import data, it was revealed that M/s Sonera Associates, Thatta availed undue benefits and concessions after importing different consignments of electronics items and kitchen accessories by misusing the SRO 562 through Appraiser Naveed Elahi on January 28, 2018.

Sources said that the company was allegedly involved in the tax evasion of Rs 5.23 million. After detecting the tax evasion, the Customs Export served on it a final notice on 18th April 2018 to deposit the evaded amount within 14 days.

After receiving the notice, the management of M/s Sonera Associates deposited the evaded amount in the official account of the Customs Export on May 9th, 2018.

Sources told that another defaulter company named M/s NZA Enterprises also cleared Rs3.50 million of taxes and duties. Sources told that M/s NZA Enterprises 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 17 April, 2018. After receiving the notice, the management of the M/s NZA Enterprises deposited the evaded amount of taxes into the official account.

 

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