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 Karachi

Tax evasion: Adjudication-II serves final notice to M/s Arsalan Glass Works

byWaqar Ahmed Ansari
22/06/2018
in Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Customs Adjudication-II served a final notice to a defaulter company M/s Arsalan Glass Works, Karachi and recovered Rs 4.29 million from M/s Saba Iron & Steel Manufacturers.

Sources told Customs Today that M/s Arsalan Glass Works, Karachi was allegedly involved in tax evasion. The company imported various types of white crystal chemical which include imported plastic dana and other items on December 29, 2017 by using wrong PCT heading. The consignment was cleared by Examiner Amir Siraj.

You might also like

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

14/10/2026

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

14/10/2026

Sources told that Collector Adjudication-II Tahir Qureshi issued a final notice to the company on 20th June asking the company to clear the outstanding amount of Rs3.82 million within 14 days.

Source said another company M/s Saba Iron & Steel Manufacturer got cleared a consignment of iron scrap, included out of order cars and other scrap on January 16,, 2018 and evaded a tax amount of Rs 4.29 million.

Customs Adjudication-II served a show cause notice to the company on May 18, 2018. After receiving the notice, the company deposited Rs4.29 million in favor of customs department on 20th June, 2018.

 

 

 

 

 

Related Stories

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

byCT Report
14/10/2026

KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

LHC rejects delayed tax references filed by FBR & govt bodies

byCT Report
14/10/2026

LAHORE: The Lahore High Court (LHC) has declared all tax reference applications filed after the prescribed time limit inadmissible, ruling...

Pakistan seeks international investment through digital finance, says Bilal bin Saqib

byCT Report
14/10/2026

ISLAMABAD: Pakistan is focusing on expanding international investment opportunities by adopting modern financial technologies and contributing to the development of...

Next Post
Bangladesh frozen food exporters seek tax cut in upcoming budget

FBR grants ST exemption to M/s Shell Petroleum, M/s Attock Petroleum for one year

  • 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.