KARACHI: The Customs Export has recovered an evaded amount of taxes and duties from defaulter companies after issuing notices to them to pay the outstanding dues on Monday.
Sources told Customs Today that, during a scrutiny of the import data, it was revealed that M/s Rohail Steel availed undue benefits and concessions after importing different consignments by misusing the SRO 562 through Examiner Usman Ali on October 17, 2017. Sources further said the company was allegedly involved in the tax evasion of Rs07million.
After detecting the tax evasion, the Customs Export served on it a final notice on 1st of February 2018 to deposit the evaded amount within 14 days. After receiving the notice, the management of the M/s Rohail Steel deposited the evaded amount into the official account of the Customs Export on February 26.
On the other hand, the management of the M/s Unique Chemicals also cleared Rs5.12million of taxes and duties. Sources told the correspondent that M/s Unique Chemicals also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued to it a final notice on February 2, 2018. After receiving the notice, the management of the M/s Unique Chemicals deposited the evaded amount of taxes into the official account on Monday.
