Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Customs Export retrieves evaded taxes & duties after serving notices on defaulters to pay arrears

byWaqar Ahmed Ansari
02/03/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

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.

You might also like

FPCCI president highlights MSME role in economic growth

01/07/2026

FBR reduces regulatory duty on imported SUVs, ATVs

01/07/2026

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).

Related Stories

FPCCI president highlights MSME role in economic growth

byCT Report
01/07/2026

ISLAMABAD: Atif Ikram Sheikh, President FPCCI, has apprised that the Small and Medium Enterprises Development Authority (SMEDA) and the Federation...

FBR reduces regulatory duty on imported SUVs, ATVs

byCT Report
01/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has significantly reduced the regulatory duty on imported Sport Utility Vehicles (SUVs) and...

Customs Valuation revises import values for perfumes & colognes vide VR No2094/2026

byCT Report
01/07/2026

KARACHI: The Directorate General of Customs Valuation has notified Valuation Ruling No. 2094/2026, replacing the earlier Valuation Ruling No. 1840/2024...

Pakistan’s annual inflation eases to 11.1pc in June, says PBS

byCT Report
01/07/2026

ISLAMABAD: Pakistan’s annual inflation eased to 11.1 per cent in June from 11.7 per cent in May, while prices declined...

Next Post

Faisalabad Customs Intelligence seizes huge quantity of NDP goods in February

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.