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 Islamabad

Customs I&I detects Rs486.5m tax evasion by M/s Baig Engineering, M/s Baig Brothers

byM. Faizan
15/10/2018
in Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

 ISLAMABAD: A special team of Customs Intelligence and Investigations (I&I) constituted by Director General Shaukat Ali detected a very significant case of duty/taxes evasion by M/s Baig Enterprises, Islamabad and M/s Baig Brothers, Rawalpindi.

The companies are allegedly involved in violation of import restriction on imported transit mixers, subsequently unlawfully converted into trucks and evaded taxes and duties amounting to Rs486.5 million.

You might also like

Finance Minister reviews proposed roadmap for gas sector restructuring, deregulation

19/10/2026

Portuguese ambassador calls for stronger economic partnership with Pakistan

19/10/2026

According to the details, Customs Intelligence and Investigation Multan team intercepted a Hino truck, Model 1997, having chassis number FD3HLA-31900 from the possession of Liaqat Hussain son of Ghulam Abbas. Later on, the owner of the truck presented GD No. KEAP-HC-12518 showing the import/clearance of the vehicle by the company as concrete transit mixer truck by way of availing the benefit of the paragraph 9(ii)(5) of the Import Policy Order, 2013 where under only the construction companies, mining, oil, gas and petroleum sector companies can import, interalia, transit mixtures.

As the violation of the Import Policy Order, 2013 was established, the vehicle was impounded and the case was forwarded to the adjudicating authority concerned and the Hino truck was subsequently confiscated by the adjudicating authority in favour of the state.

In consequence, a thorough investigation was initiated and necessary import data was retrieved in respect of import of concrete mixers (HS Code 8705.4000). Scrutiny thereof revealed that the companies had previously imported 851 used concrete transit during the period 2013 to 2016.

During the inquiry, the owners had failed to provide any proof/evidence regarding lawful use of the imported concrete mixers. Clearly, all of them had been unlawfully converted into trucks and sold in the open market in utter violation of the import restriction besides non-payment of duty/taxes.

The amount of duty/taxes evaded by the above-mentioned companies touched to Rs486.5 million. The requisite contravention reports have been sent to the relevant adjudicating authorities and a broad-spectrum investigation is currently in progress.

Related Stories

Finance Minister reviews proposed roadmap for gas sector restructuring, deregulation

byCT Report
19/10/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday chaired a high-level meeting to review the proposed...

Portuguese ambassador calls for stronger economic partnership with Pakistan

byCT Report
19/10/2026

KARACHI: Ambassador of the Republic of Portugal to Pakistan, Mr. Paulo Domingues, has called for a major transformation in Portugal-Pakistan...

Hyderabad Customs detains three oil tankers carrying 20,000 litres of fuel over tracking discrepancies

byCT Report
19/10/2026

HYDERABAD: Collectorate of Customs team has detained three oil tankers carrying approximately 20,000 litres of petrol and high-speed diesel (HSD),...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

Next Post
Taxi cab sign on top of the vehicle at nighttime

Officials crack down on illegal taxi companies in Amsterdam

  • 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.