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Faisalabad customs releases consignments after receiving evaded taxes

Faisalabad customs releases consignments after receiving evaded taxes

FAISALABAD: The Customs Intelligence and Investigation released the consignments worth Rs2million after receiving an evaded amount of duties and taxes. The said consignments were impounded during the month of December 2017.

The consignments released consist of foreign origin (F/O) cloths worth Rs204986, miscellaneous goods valued at Rs107937, cigarette-lighters Rs1.5million and other consignments of computers and LCDs priced at Rs190655.

The said consignments were seized due to evasion of Customs Duty of Rs423664, Sales Tax of Rs624004, Income Tax of Rs336962 and Redemption Fine Duty of Rs547272 during the month of December 2017.

The tax evasion was detected by a team comprising Superintendent Muhammad Tahir and Intelligence Officer Mansoor Nasir.