KARACHI: The Model Customs Collectorate of the Appraisement East has unearthed tax evasion of Rs3.26million in the clearance of medical accessories imported by M/s Safina & Co.
Source told the reporter that Collector Appraisement East Ashadd Jawad directed the R&D Section to verify the post clearance consignment of the importer M/s Safina & Co. During the scrutiny, it was found that the said importer willfully used the Green Channel in the clearance of a consignment of medical accessories and caused the national exchequer a loss of Rs3.26million in terms of duties and taxes.
The sources further informed CT that a recovery notice has been sent to the importer. The R&D sources said that the importer has also assured that it will deposit the evaded amount of Rs3.26million within 14 days.
Before this, Model Customs Collectorate of the Appraisement East has unearthed the tax evasion of Rs12.56million in the clearance of electronic items imported by M/s Farooq Traders.