LAHORE: The Central Directorate of Customs Intelligence and Investigation unearthed huge tax evasion of Rs 200 million and seized a container fully loaded with imported raw material and arrested five accused.
Official sources said that acting on a tip-off, DG Customs Intelligence and Investigation Lutfullah Virk, directed the Director Intelligence Imtiaz Ahmad Khan and Additional Director Rizwan Salabat that Tanvir Khan of Peshawar, registered as a manufacturer and exporter of PV coated cable was getting benefit of zero duty under SROs 822 and 450 for importing raw material from China and selling it in the local market instead of manufacturing value-added products for export, thereby causing loss of millions to the national kitty.
A special team led by Intelligence Officer Mian Muhammad Yasin successfully conducted a raid at a warehouse and seized a container of imported raw material being unloaded at the site which was to be taken to Peshawar for manufacturing of export goods.
The entire consignment was taken into custody besides arresting the co-accused Yamin, Rehman Ahmad Shah, driver Muzaffar Abass, cleaner Muhammad Imran and Shafiq Khan. Preliminary investigation revealed that Tanvir Khan has so far imported 57 such consignments and caused Rs 3.9 million loss on each import.
