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Customs I&I detects mega duty tax evasion on poultry medicines

Customs I&I detects mega duty tax evasion on poultry medicines

LAHORE: Directorate of Customs Intelligence and Investigation-FBR has unearthed a mega scam of import of poultry medicines, vaccines on bogus documents.

According to the details, the Directorate Customs I&I also seized huge quantity of poultry medicines and vaccines, besides taking the import company’s record into its custody.

Deputy Director Anti-Smuggling Ali Zeb Khan along with Superintendent Anti-Smuggling Waqar Ahmed Cheema disclosed this in a media briefing held here at the Customs I&I Directorate on Sunday. They told media persons that in pursuance of credible information by the Director Zeba Haye, they said that they along with other staff of the Directorate raided godown and Head Office of M/s Marush International at Kot Lakhpat and Model Town respectively.

The importer had been dealing in poultry vaccine, medicine and Premixes imported from USA, Singapore and Spain, and clear the same by way of mis-declaration of value through under invoicing from Karachi, they mentioned.

They added that M/s Marush International was involved in tax evasion, under-invoicing at import stage, money laundering and forgery, causing massive loss to the national exchequer. The said company, they continued, had evaded taxes of millions of rupees by hoodwinking the customs authorities.

To a question, they confirmed that an FIR had also been lodged and three persons including the Company’s Accounts Manager, Muhammad Mubashir, had been arrested, while further investigation was under way.

To another query, they disclosed that the company management had also been using fake/duplicate stamps of various banks to clear their consignments.