LAHORE: The Model Customs Collectorate (MCC) Preventive has unearthed a mega fraud scandal that involved millions of rupees evasion of customs duty and taxes via registration of fake companies and forged import documents.
The collectorate has registered a first information report (FIR) against four companies in this regard.
According to official sources, four companies were involved in duty and tax evasion for a long time.
“Initially three goods declarations filed have been intercepted at Air Freight Unit Lahore. The preliminary investigation conducted so far transpires that a freight forwarding and shipping agent had got registered some importing firms in his and relatives names which were being operated from addresses which do not exist,” they added.
They said that the illegal practice was being undertaken through the issuance of fake/dubious house airway bills against Master Airway Bill whereby the amount of freight had been suppressed manifold on the house airway bills.
The sources added scrutiny of record revealed that the said practice was being done for a long period of time inflicting heavy losses to the national exchequer.
They revealed that initially four ‘bogus’ companies Meerab Enterprises, Spark International, Time Trading Company and MAQS Computer Company have been found involved in the mega tax evasion.
The sources said that MCC Preventive has lodged an FIR against the companies for fiscal fraud.
The record and computers, being used for preparation of fake invoices/fake Airway Bills and allied import documents, have been confiscated.
