KARACHI: The Customs Exports has recovered the evaded taxes and duties amounting to Rs 14.64 million from three companies which were issued with notices to pay outstanding dues.
Sources told Customs Today that during scrutiny of the import data, it was found that M/s SM Enterprises availed undue benefits and concessions by importing different consignments and misusing the SRO 567.
The company was allegedly involved in tax evasion of Rs 8.24 million. After detecting tax evasion, the Customs Exports issued them final notice to deposit the evaded amount within seven days. After receiving the notice, the management of the M/s SM Enterprises deposited the evaded amount in the official account of the Customs Exports.
On the other hand, the management of the M/s Rajjad S & Traders also cleared Rs 3.29 million of taxes and duties. Sources said the M/s Rajjad S & Traders also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Exports authorities issued them with a final show cause notice. After receiving the notice, the management of the Rajjad S & Traders deposited the evaded amount of taxes.
Other defaulter company ( S S Enterprises) Shabbir Saleh Enterprises deposited Rs 3.11million against the final notice No: 249/2017 issued on September 19, 2017.
The company availed undue benefits and concessions by importing the consignments of plastic handicrafts. After receiving the notice, the management of the(M/s S S Enterprises) M/s Shabbir Saleh Enterprises cleared the amount.
