KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs 9.71 million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today on Tuesday that during scrutiny of the import data, it was revealed that M/s Anjum Pak Associates availed undue benefits and concessions after importing different consignments of cosmetics items include shampoos and facial creams by misusing the SRO 556. The consignment was cleared through Examiner Mehmood Elahi on December 12, 2017.
Sources further said that the company was allegedly involved in the tax evasion of Rs 4.57 million. After detecting the tax evasion, the Customs Export served on it a final notice on 3rd May, 2018 to deposit the evaded amount in 14 days.
After receiving the notice, the management of M/s Anjum Pak Associates deposited the evaded amount in the official account of the Customs Export on 29th May.
Another defaulter company named M/s Sunena Raheel & Company also cleared Rs 5.14 million of taxes and duties. Sources told that M/s Sunena Raheel & Co 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 7th May, 2018. After receiving the notice, the management of the M/s Sunena Raheel & Co deposited the evaded amount of taxes into the official account on 29th May 2018.
