Customs Duty evasion worth Rs117m detected
The value of the goods is estimated at Rs319.76 million.
ISLAMABAD:
The Customs Collectorate of PaCCs, Karachi has booked 35 persons for evasion of duty and taxes worth Rs117.38 million in 10 separate cases since February 2011, says a press release issued on Tuesday.
FIRs were lodged following inspection of a number of import and export items, including ceramic tiles, used computers, luxury goods, body spray, lead ingots, old and used prime movers, Indian gutka, liquor and polypropylene.
The goods were being traded illegally by using various means such as under-invoicing, misuse of exemption, mis-declaration, concealment and smuggling. The value of the goods is estimated at Rs319.76 million.
Published in The Express Tribune, May 11th, 2011.
The Customs Collectorate of PaCCs, Karachi has booked 35 persons for evasion of duty and taxes worth Rs117.38 million in 10 separate cases since February 2011, says a press release issued on Tuesday.
FIRs were lodged following inspection of a number of import and export items, including ceramic tiles, used computers, luxury goods, body spray, lead ingots, old and used prime movers, Indian gutka, liquor and polypropylene.
The goods were being traded illegally by using various means such as under-invoicing, misuse of exemption, mis-declaration, concealment and smuggling. The value of the goods is estimated at Rs319.76 million.
Published in The Express Tribune, May 11th, 2011.