KARACHI: Country’s top telecom company Mobilink has been caught evading millions of rupees taxes and customs duty by mis-declaration in the import of DC Cabinet Air Conditioners while using Green Channel facility at Port Qasim.
Customs Collectorate of Port Qasim has made contravention report against M/s Mobilink for deleberately mis-declaring the description and wrongly mentioning the PCT to avail Green Channel facility with the help of clearing agent M/s SASPAK Cargo. When examination team at QICT checked the consignement, they found that the importer wrongly declared DC Cabinet Air Conditioner 48 Volt as Cellular Infrastructure Equipment for telecom sector consisting of Outdoor Power Cabinet. Through this description the importer tried to clear the goods by paying only 10pc customs duty instead of 25pc, depriving the national exchequer of almost Rs3.5m revenue.
Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade
ISLAMABAD: Attock Refinery Limited (ATRL) is considering setting up a new 50,000 barrels-per-day (BPD) deep-conversion refinery alongside its planned $600...
