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Appraisment East detects tax evasion committed by M/s Shafi Enterprises

Appraisment East detects tax evasion committed by M/s Shafi Enterprises

KARACHI: The Model Customs Collectorate, Appraisment East, has unearthed a tax evasion of Rs3.58million in the clearance of different types of scrape imported by M/s Shafi Enterprises.

Source told Customs Today that Collector Appraisement East directed the R&D Section to verify the post-clearance consignment of the importer M/s Shafi Enterprises. During the scrutiny, it was found that the importer willfully used the Green Channel in the clearance of the consignment of different types of scrape and caused the national exchequer a loss of Rs3.58million in terms of duties and taxes.

The sources further told CT that a recovery notice has been sent to the importer before seven days. The R&D sources said the importer has also assured the Customs Appraisement of depositing the evaded amount of Rs3.58million within seven days.

Earlier, the Model Customs Collectorate of Appraisment East uncovered a tax evasion of Rs2million in the clearance of bed-sheets imported by M/s Rashid Fabrics.