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Customs Exports issues 11 show cause notices to tax defaulters, tax evaders for recovery

byWaqar Ahmed Ansari
26/09/2017
in Karachi, Latest News
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KARACHI: The Customs Exports has served 11 show cause notices on tax defaulters and tax evaders for recovery of dues during 25 days of current month.

Sources told CT that Customs Exports issued notices to 11 defaulter companies including M/s Ghaffor Textile, M/s Tide Traders and others.

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According to detail, M/s Ghafoor Textile used wrong Pakistan Customs Tariff (PCT) headings to get a consignment of imported bed-sheets and curtain fabrics cleared on September 3rd and caused the national treasury a loss of Rs2.12million.

During the scrutiny of the import data, the Customs Exports detected the misuse of the PCT heading for which it was issued with a show-cause notice No: 216/2017 to pay the evaded amounts of tax and duty.

Meanwhile, the Customs Exports unearthed another tax evasion done by M/s Tide Traders Karachi who got cleared a consignment of hard plastic accessories and kitchen wares. The customs authorities, after a careful investigation, served a show cause notice on the company and asked it to deposit the evaded tax amounts within fortnight.

Source said the Custom Exports has issued a list of defaulter companies who did not reply to any notice yet. Source said the customs exports is taking serious action against these defaulter companies.

It is pertinent to mention here that, during the first 20 days of September, the Customs Exports has issued nine show cause notices to tax defaulters and tax evaders for recovery of dues.

Source said the customs exports will issue three more notices in the coming five days.

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