KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs8.36million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that, during a scrutiny of the import data, it was revealed that M/s Wajanti Associate Karachi availed undue benefits and concessions after importing different consignments of steel scrape by misusing the SRO 568 through Examiner Sabahat A. Siddique on August 12, 2017.
Sources further said that the company was allegedly involved in the tax evasion of Rs4.81million. After detecting the tax evasion, the Customs Export served on it a final notice on 12th of March 2018 to deposit the evaded amount in 14 days.
After receiving the notice, the management of M/s Wajanti Associate Karachi deposited the evaded amount in the official account of the Customs Export on 30th of March in favour of the Custom Export.
Another defaulter company named M/s Rafi & Sons also cleared Rs3.55million of taxes and duties. Sources told the correspondent that M/s Rafi & Sons also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued to it a final notice on 15th of March 2018. After receiving the notice, the management of the M/s Rafi & Sons deposited the evaded amount of taxes into the official account.
It is to mention here that the Custom Export has uncovered 17 cases in the month of March.
