KARACHI: The Customs Export has recovered evaded amount of taxes and duties of Rs 13.64 million from defaulter companies which were issued with notices to pay the outstanding dues.
Sources told Customs Today that during the scrutiny of the import data, it was revealed that M/s Usman Carpets availed undue benefits and concessions by importing different consignments of new and used carpets by misusing the SRO 566 through Examiner Aslam Baig on September 7, 2017. Sources said that the company was allegedly involved in tax evasion of Rs 8.64 million.
After detecting the tax evasion, the Customs Export issued it with a final notice on March 5, 2018 to deposit the evaded amount within 14 days.
Sources said that the management of M/s Usman Carpets Karachi deposited the evaded amount in the official account of the Customs Export on 20th March.
Another defaulter company, management of the M/s G. B. Garments also cleared Rs 5 million of taxes and duties. Sources told that M/s G B Garments also availed undue benefits and concessions and avoided paying taxes according to the customs bylaws.
The Customs Export authorities served on it a final notice on 1st March, 2018. After receiving the notice, the management of the M/s G B Garments deposited the evaded amount of taxes.