KARACHI: The Customs Export has recovered an evaded amount of taxes and duties of Rs13.08million 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 Muqeeem Garments and Export Karachi availed undue benefits and concessions by importing different consignments after misusing the SRO 567 through Examiner Majid Khan on October 12, 2017.
Sources told Customs Today that the company was allegedly involved in the tax evasion of Rs7.50million. After detecting the tax evasion; the Customs Export served on it with a final notice on February 12, 2017 to deposit the evaded amount within 14 days.
After receiving the notice, the management of the M/s Muqeeem Garments and Export Karachi deposited the evaded amount in the official account of the Customs Export on 1st of March.
On the other hand, the management of the M/s Ameen Electronics also cleared Rs5.58million of taxes and duties. Sources told the correspondent that M/s Ameen electronics 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 February 16, 2018. After receiving the notice, the management of the M/s Ameen Electronics deposited the evaded amount of taxes today (Thursday).