KARACHI: The Customs Exports has served 14 show cause notices on tax defaulters and tax evaders for recovery of dues during the 30 days of September.
Sources told Customs Today that Custom Exports issued notices to 13 companies, including M/s Razi Corporation, M/s Zeyan Associates, and others.
Source said that M/s Razi Corporation used wrong Pakistan Customs Tariff (PCT) headings to get a consignment of handmade curtain sets cleared on August 30 and caused the national treasury a loss of Rs 1.70 million.
During the scrutiny of the import data, the Customs Exports detected the misuse of PCT heading for which it was issued with a show-cause notice no: 217/2017 for paying the evaded amounts of tax and duty.
Meanwhile, the Customs Exports unearthed another tax evasion committed by M/s Zeyan Associates who got cleared a consignment of different machinery parts. The customs authorities, after a careful investigation, served a show cause notice on the company and asked it to deposit the evaded tax amounts within fortnight.
Another factory M/s Shabbir and Sons cleared a consignment of floor plastic and used wrong Pakistan Customs Tariff. The custom authorities issued a show cause notice and mentioned to submit all the documents for consignment soon.
It is necessary to mention here that Customs Exports has served twelve show cause notices on tax defaulters and tax evaders for recovery of dues during the first 26 days of September including M/s Shah Suleman Traders, M/s Najia Steel Works and M/s Tufail Enterprises. Customs Exports has recovered Rs2.12 million of M/s Shah Suleman Traders.
