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Customs Exports starts serving notices on tax defaulters

Customs Exports starts serving notices on tax defaulters

KARACHI: The Custom Exports started sending notices to tax defaulters. The Customs Exports has sent three notices to different defaulter companies within 10 days for recovery of due tax amounts.

Sources told CT that the Customs Exports has served show cause notices on defaulter factories including M/s M S Enterprises Karachi, M/s Sultan Garments and Export Karachi and M/s Haniya Traders Gharo to pay the evaded taxes.

M/s M S Enterprises Karachi used the wrong Pakistan Customs Tariff (PCT) headings to get a consignment of Afghani carpets, mattes and other things cleared on 26th of August 2017 and caused the national treasury a loss of Rs2.99million.

During the scrutiny of the import data, the Customs Exports team detected that the company used wrong PCT heading for which it was issued with a show-cause notice No: 208/2017 to pay the evaded amounts of tax and duty.

Meanwhile, the Customs Exports unearthed another tax evasion done by M/s Sultan Garments and Export Karachi who got cleared a consignment of ladies silk. The customs authorities, after a careful investigation, issued a show cause notice to the company and asked it to deposit the evaded tax amount within fortnight.

M/s Haniya Traders Gharo used the wrong PCT heading to get a consignment of aluminum sheets for use of windows and doors which were cleared on 22nd of August and caused the government a loss of Rs3.43million.

It is necessary to mention here that, during the last month of August, the Customs Exports has served 16 show cause notices and seven final notices on the tax evaders warning them to clear the outstanding tax amounts at the earliest to avoid stern action.