KARACHI: The Customs Export has recovered the evaded taxes and duties amounting to Rs7.44 million from different companies which were issued with notices to pay outstanding dues.
Sources told correspondent that, during scrutiny of the import data, it was found that M/s Posh Carpets Karachi availed undue benefits and concessions by importing various consignments and misusing the SRO 566 through Examiner Shoaib Ali.
The company found involved in a tax evasion of Rs2.88million. After detecting tax evasion, the Customs Export issued them with final notice on 18 December to deposit the evaded amount within seven days. After receiving the notice, the management of the M/s Posh Carpets Karachi deposited the evaded amount in the official account of the Customs Export.
On the other hand, the management of the M/s Jibran Traders also cleared Rs three million of taxes and duties. Sources said the M/s Jibran Traders also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued them with a final show cause notice. After receiving the notice, the management of Jibran Traders deposited the evaded amount of taxes.
Other defaulter company Muqeem Knitwear deposited Rs1.56million against the final notice No: 259/2017 issued on December 19, 2017.
