Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Peshawar Customs I&I unearths 5420 metric ton sugar export fraud

byM. Faizan
04/01/2017
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Directorate of Customs Intelligence and Investigation (I&I) Peshawar unearthed 4806 bags (5420 metric ton) of sugar export fraud. Customs I&I seized the all 4806 bags of sugar from a warehouse situated at Ring road, Peshawar.

According to details, six sugar mills including M/s Chaudhary Sugar Mills Limited, M/s The Thal Industry Corporation Limited, M/s Bawany Sugar Mills Limited, M/s Hunza Sugar Mills Limited, M/s Ashraf Sugar Mills Limited, M/s JDW Sugar Mills are involved in this export fraud. The above mentioned mills made fake export of 4806 bags sugar to Afghanistan through 18 fake GDs in a bid and earned the benefit of export in the form of subsidy and to avert, at same time, cost of export in the form of export development surcharge at 0.25% and withholding tax at 1% of the value of sugar exported. But they earned subsidy of Rs10 per kg of the sugar exported.

You might also like

RCCI engages tax policy office on budget proposals & business reforms

07/05/2026

Govt restricts private OMCs from importing high-speed diesel

07/05/2026

Sources of Customs I&I told Customs Today that the words “For export to Afghanistan” were mentioned on the seized sugar bags. These sugar bags allegedly meant to export to Afghanistan were recovered and seized from an unauthorized place after the deadline of their export to Afghanistan had passed. Customs I&I charged that all six sugar mills had cleverly stored the sugar with a view to sell it later in the local market.

To earn the benefits of export and to avoid the cost of export alleged sugar mills colluded with Shayan international, customs clearing agency, M/s Ibrar customs agency Torkham, Abdul Aziz Khan, Daud Shah, Nawab Khan (PRAL staff ) of Customs station Torkham. These staff members and agencies helped make fake Goods Declarations (GDs) and submitted these fake GDs in the PRAL system.

Related Stories

RCCI engages tax policy office on budget proposals & business reforms

byCT Report
07/05/2026

RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat, who also serves as Chairman PPMA North, held a...

Govt restricts private OMCs from importing high-speed diesel

byCT Report
07/05/2026

KARACHI: The federal government has restricted private oil marketing companies (OMCs) from importing high-speed diesel (HSD), permitting only Pakistan State...

Punjab becomes first province to introduce general insurance company: Maryam Nawaz

byCT Report
07/05/2026

LAHORE: Punjab has become the first province in Pakistan to introduce a general insurance company, marking a significant step towards...

Pakistans Raast hits Rs50 trillion in 2025 as digital payments surge

byCT Report
07/05/2026

KARACHI: Pakistan’s digital payments landscape is expanding rapidly. The State Bank of Pakistan (SBP) released its Financial Stability Review for...

Next Post

Small Japanese banks offered lending lifeline

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.