KARACHI: The Customs Export recovered evaded taxes and duties amounting to Rs15.56million from the defaulter companies which had been earlier issued with notices in this regard.
Sources told Customs Today that, during scrutiny of the import data, it was found that M/s Wadiha Garments and Export availed undue benefits and concessions by importing different consignments and also misusing the SRO 567.
The company was found involved in a tax evasion of Rs7.98million. After detecting tax evasion, the Customs Export issued them with a final notice to deposit the evaded amount in the official account within seven days.
After receiving the notice, the management of the M/s Wadiha Garments and Export deposited the evaded amount in the official account of the Customs Export.
On the other hand, the management of the M/s Areesha Boutique also cleared Rs4million of taxes and duties. Sources told CT that M/s Areesha Boutique also availed undue benefits and concessions and avoided paying taxes according to the Customs bylaws.
The Customs Export authorities served a final notice on them. After receiving the notice, the management of the M/ s Areesha Boutique paid the evaded amount of taxes.
Other defaulter company named M/s Rim Jhim Associates deposited Rs3.58million against the final notice No: 289/2017 issued on December 29, 2017.
Sources said Customs Export will solve 16 more cases in the upcoming month and the recovery will continue.
