KARACHI: The Customs Export has recovered the evaded amount of taxes and duties of Rs10.08million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that, during scrutiny of the import data, it was revealed that M/s Sulemania Traders International Karachi availed undue benefits and concessions after importing different consignments by misusing the SRO 567 through Examiner Raheel Waris.
Sources further told Customs Today that the company was allegedly involved in the tax evasion of Rs6.23million.
After detecting the tax evasion, the Customs Export served on it a final notice on December 18, 2017 to deposit the evaded amount within 14 days.
After receiving the notice, the management of M/s Sulemania Traders International Karachi deposited the evaded amount in the official account of the Customs Export on 1st of February.
On the other hand, the management of the M/s Taj Waseem and Co also cleared Rs3.85million of taxes and duties. Sources told the correspondent that M/s Taj Waseem and Co 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 December or January 16, 2018. After receiving the notice, the management of the M/s Taj waseem and Co deposited the evaded amount of taxes into the official account.
Today Customs Export has issued a show cause notice to Irfan Fabrics for recovery of Rs5.30million.
