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Customs Exports actively pursuing tax defaulters in current month

Customs Exports actively pursuing tax defaulters in current month

KARACHI: The Customs Exports has been actively pursuing the tax defaulters for the last 20 days during the current month of July. The Customs Exports has issued five show cause notices and seven final notices to defaulters. About five companies are facing investigation in the current month.

Today the Customs Exports has served show-cause notices on three factories in order to collect the evaded tax amount. The customs authorities issued notices to M/s Unique Enterprises Karachi, Safdar Associates Karachi and Arsalan Garments Hyderabad.

M/s Unique Enterprises Karachi used the wrong PCT heading to get steel components consignment cleared in June and caused the national exchequer a loss of Rs3.2million.

Checking the data of June, the Customs Exports found the company using the wrong PCT heading. After detecting the tax evasion, the customs authorities served a show-cause notice No: 175/2017 to recover the evaded tax amount.

Meanwhile, the Customs Exports uncovered another tax evasion committed by M/s Safdar Associates Karachi in June. The customs authorities, after a careful investigation, issued show-cause notice to the company and asked it for submitting the evaded tax amount within the fortnight.

Arsalan Garments belongs to Hyderabad which used wrong Pakistan Customs Tariff (PCT) heading to get its Khaddar consignment cleared in June and caused the national exchequer a loss of Rs9.6million.