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Customs Export retrieves evaded amount of Rs9.95m after serving notices

byWaqar Ahmed Ansari
04/04/2018
in Karachi, Latest News
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KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs9.95million from defaulter companies which were earlier 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 Sabeen Marble Pak Colony Karachi availed undue benefits and concessions by importing polish and cutter machines by misusing the SRO 561 through Examiner Mateen Bilgrami on September 9, 2017.

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Sources further told Customs Today that the company was allegedly involved in tax evasion of Rs7.51million. The investigation continued after detecting the tax evasion and the Customs Export served on it with a final notice on March 19, 2018 to deposit the evaded amount within 14 days.

After receiving the notice, the management of M/s Sabeen Marble Pak Colony Karachi deposited the evaded amount in the official account of the Customs Export on 2nd of April.

The management of the M/s Feroz Lawn Wala also cleared Rs2.44million of taxes and duties. Sources told the correspondent that the M/s Feroz Lawn Wala 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 February 6, 2018, but nobody received the notice on that time. After few days, the company received the notice and deposited the evaded amount of taxes on 3rd April.

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