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 Exports recovers Rs 2.2m during first week of September

byWaqar Ahmed Ansari
08/09/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Exports has collected Rs 2.2 million during first week of September. The department also issued show cause notices to four companies namely M/s Rehan international Karachi, M/s Ghafoor Textile and Export Karachi , M/s Hunza Garments Karachi and  M/s Arman Knitwear to recover evaded taxes.

According to details, M/s Rehan International Karachi used wrong (PCT) headings to get a consignment of surgical items cleared during the second week of August and caused a loss of Rs 3.26 million to the national exchequer.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

During scrutiny of import data, the Customs Exports found that the company used wrong PCT heading and issued a show-cause notice no: 203/2017 to recover the evaded amount of tax and duty.

Meanwhile, the Customs Exports unearthed another tax evasion by M/s Ghafoor Textile and Export Karachi who cleared a consignment of cotton fabric, silk fabric and other goods.The customs authorities, after careful investigations, issued a show cause notice 204/2017 to the company and asked them to deposit the evaded tax amount within fortnight.

While M/s Hunza Garments Karachi also used wrong (PCT) headings to get a consignment of different ladies items which were cleared in last week of August and caused a loss of Rs 1.98 million to the national exchequer. The Customs Exports has issued show cause notice and letter to M/s Arman Knitwear to submit the leather consignment documents which were cleared cleared during the last week of July.

 

 

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Customs Intelligence to auction vehicles, goods from Sept 12

  • 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.