KARACHI: The Customs Export has recovered the evaded taxes and duties amounting to Rs13.24million from defaulter companies which were issued with notices in this regard.
During the scrutiny of the import data, it was found that M/s United Knitwear availed undue benefits and concessions by importing different consignments in the month of November 2017. The consignment was got cleared through Examiner Sardar Rab from Port Qasim by misusing the SRO 568.
The company was found involved in a tax evasion of Rs4million. After detecting tax evasion, the Customs Export served on the company a final notice to deposit the evaded amount within seven days.
After receiving the notice, the management of the M/s United Knitwear deposited the evaded amount in the official account of the Customs Exports on 13th of March.
On the other hand, the management of the M/s Haris Jeans also cleared Rs5.68million of taxes and duties. Sources told CT that M/s Haris Jeans also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued it with a final notice. After receiving the notice, the management of the M/s Haris Jeans deposited the evaded amount of taxes on 14th of March.
S S Aluminum also cleared the amount of Rs3.56million after the final notice issued on 28th of February.
