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TCS, Smart Zone case: Customs intelligence traces 6047 non-customs electronics

byM. Faizan
08/11/2014
in Islamabad, Latest News
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ISLAMABAD: While probing into TCS and Smart Zone case, the Customs Intelligence and Investigation Rawalpindi Directorate has prepared a contravention report after tracing the non-customs paid 6,047 electronics delivered to various shops before a raid on TCS warehouses.

TCS has also confirmed the report. The report has slapped Rs 50.87 million taxes and duties on these items.

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According to sources, 6047 items worth Rs 78.77 million were delivered to various electronics shops in Karachi, Multan, Lahore, Rawalpindi, Gujranwala, Chakwal and Islamabad via TCS.

The stores which received the goods include Friends Corporation Rawalpindi, Electric City Rawalpindi, Arshad Electronics Lahore Abid Market, Shan Electronics Aslam Market Jhang, Ayaz Electronics Multan, Mashallah Electronics Multan, New Farooq Electronics Faisalabad, Afzal Corporation Karachi and Islamabad.

Among the 6047 items 5635 air conditioners, 12 LED wall brackets, 63 refrigerators, 45 LEDs (40 inch),  46 LEDs (46 inch), a 65 inch LED and 244 washing machines.

Rs 3.07 million additional tax, Rs 19.69 million customs duty, 17.40 million sales tax and Rs 6.75 million withholding tax have been slapped on the 6047 items.

Tags: contravention reportCustoms Intelligence and Investigation Rawalpindi DirectorateFBRLEDsSmart Zonesmuggling caseTCS

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