KARACHI: The Customs Export has retrieved an evaded amount of taxes and duties of Rs9.78million from defaulter companies which were issued with notices to pay the arrears on Monday.
Sources told Customs Today that, during a scrutiny of the import data, it was revealed that M/s Kaleem and Sons availed undue benefits and concessions after importing different consignments by misusing the SRO 561 through Examiner Waham Nusrat on October 2017. Sources further said that the company was allegedly involved in the tax evasion of Rs6.58million.
After detecting the tax evasion in the end month of March 2018, the Customs Export served on it a final notice on 20th of March, 2018 to deposit the evaded amount within 14 days.
After 13 days of notice, the management of M/s Kaleem and Sons deposited the evaded amount in the official account of the Customs Export on 2nd of April.
On the other hand, the management of the M/s Humayon Associates also cleared Rs3.20million of taxes and duties. Sources told the correspondent that M/s Humayon Associates 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 March 16, 2018. After receiving the notice, the management of the M/s Humayon Associates deposited the evaded amount of taxes into the official account on Monday.
