KARACHI: The Model Customs exports has accelerated the recovery process from taxes defaulters and has issued a final notice to M/s Zulfiqar Ahmed and Co which is allegedly involved in tax evasion of Rs 9 million.
Sources told Customs Today that M/s Zulfiqar and Co has failed to deposit any single penny in the wake of taxes. The Customs had issued a notice to the company one month ago in which the company had sought 14 days time to pay the tax. However, one month has passed it did not deposit any tax.
Now the department has issued final notice to the company to deposit the tax within 14 days otherwise strict action will be taken against it.