KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 7.18 million 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 MK Enterprises availed undue benefits and concessions by importing different consignments by misusing the SRO 567 through Examiner Touheed Sultan.
Sources told the company was allegedly involved in tax evasion of Rs 2.90 million. After detecting the tax evasion, the Customs Export issued them a final notice on December 4, 2017 to deposit the evaded amount within 14 days. After receiving the notice, the management of M/s MK Enterprises deposited the evaded amount in the official account of the Customs Export on December 19.
On the other hand, the management of the M/s Mehak Textile Karachi also cleared Rs 4.28 million of taxes and duties. Sources told that M/s Mehak Textile Karachi also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities issued them with a final notice on 1st December, 2017. After receiving the notice, the management of the M/ Mehak Textile Karachi deposited the evaded amount of taxes.
