KARACHI: Directorate of Customs Intelligence & Investigation (Enforcement) Karachi has issued contravention report on M/s Nestle Pakistan Limited for allegedly evading taxes worth Rs 11.32 million through mis-declaring values of imported goods.
Director I&I Customs Enforcement Karachi Samina Wajid received a tip-off that M/s Nestle Pakistan Limited is importing and clearing Sweet Whey Powder on under-invoiced value, lower than assessable value of $1.54/kg vide Valuation Ruling No.789/2016.
Then, Deputy Director Shah Faisal scrutinized three months import data of M/s Nestle Pakistan Limited and found that M/s Nestle Pakistan’s five consignments of Sweet Whey Powder were cleared from MCC Port Qasim through clearing agent M/s AAS Enterprises at value of $ 0.91/kg. The importer caused Rs 11.32 million loss to the govt as Sweet Whey Powder should have been cleared under Valuation Ruling No.789/2016 at $1.54/kg.
A contravention report is served on M/s Nestle Pakistan and matter is pending with Collectorate of Adjudication.
