KARACHI: The Customs Export has recovered the evaded taxes and duties of Rs 6.28 million from two companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that, during scrutiny of the import data, it was found that M/s Umme Hani Traders availed undue benefits and concessions by misusing the SRO 567 during import of different consignments.
The company was allegedly involved in a tax evasion of Rs 2.35 million. After detecting tax evasion, the Customs Exports issued them with final notice on 11th December to deposit the evaded amount within seven days. After receiving the notice the management of M/s Umme Hani Traders deposited the evaded amount in the official account of the Customs Exports.
On the other hand, the management of M/s Raja and Sons also cleared Rs3.26 million of taxes and duties. Sources told that M/s Raja and Sons also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Exports authorities issued them with a final show cause notice on 6th December. After receiving the notice, the management of M/s Raja and Sons deposited the evaded amount of taxes. It is necessary to mention here that both consignments cleared by the Examiner Usman Shahzad.
