KARACHI: The Research & Development (R&D) section and Examination department of the Model Customs Collectorate (MCC) of Appraisement (East) has detected 266 cases of mis-declaration, tax evasion and under-invoicing altogether during first and second quarter of the Fiscal Year 2013-14 and recovered an amount of Rs 168.45 million till December 31.
According to details, R&D section of MCC-Appraisement (East) has detected total 180 cases of under-invoicing and mis-declaration out of which 17 cases of Rs 41.74 million were detected in the month of July; 28 cases of Rs 39.86 million in the month of August; 8 cases of Rs 15.61 million in the month of September; 7 cases of Rs 22.08 million in October; 14 cases of Rs 31.12 million in November; and 106 cases of Rs 226.81 million in the month of December.
Similarly, the Examination Department of MCC-Appraisement (East) has found total 86 cases of under-invoicing and mis-declaration during six months from July to December, 2013.
In the months of July and August, the Examination Department has detected 30 cases of duty evasion of Rs 24.36 million; 17 cases of Rs 15.05 million in the month of September; 18 cases of Rs 19.25 million in the month of October; 21 cases of Rs 7.56 million in the month of November. However, no such cases were found in the month of December by the Examination department.
Sources in R&D section have informed Customs Today that Pakistan Customs has recovered a sum of Rs 168.45 million till the end of December,31 out of total detected amount i.e. Rs 443.44 million.
They further said that the R&D section was making its all out efforts for recovering the remaining amount of Rs 274.99 million.
