KARACHI: The Customs Exports has issued notices to different companies which are located in rural Sindh to clear their outstanding tax amounts at the earliest.
Sources told Customs Today that in response to their notice most of the companies have paid their outstanding taxes. Sources said that during scrutiny of import data of M/s Afrooza Associates it was found that the company availed undue benefits and concessions by using wrong PCT heading and SRO 566. Sources said that the said company imported two consignments of plastic raw material during August.
By using wrong PCT heading and SRO 566, the company caused a loss of Rs 135,000 to the national kitty. After detecting tax evasion, Customs Exports authorities directed the management of M/s Afrooza Associates to clear outstanding amount within fourteen days. Otherwise stern legal action will be taken against the company which will led to attachment of bank accounts and property.
Sources said that recently M/s Al Faisal Chemicals imported one consignment of light chemicals during the month of August and evaded tax amount of Rs98,0000. Now Customs Exports authorities directed the company to clear outstanding amount within seven days after receiving the notice.
