Rs4m duty, tax evasion unearthed

Published July 23, 2008

KARACHI, July 22: The Directorate of Intelligence and Investigation, Federal Board of Revenue, Karachi, has unearthed evasion of customs duty and taxes to the tune of Rs4 million.

A source in the directorate told Dawn on Tuesday that a team of its officials mounted strong vigilance at ports after receiving an information that some Islamabad-based importers were involved in clearance of import consignments from Karachi by grossly mis-declaring value and depriving the national exchequer of due amount of duty and taxes.

The team intercepted two import consignments, consisting of ‘camouflage fabric’ and ‘indelible fancy tallow’, which were ready for clearance.

After a thorough investigation, gross mis-declaration of value/description was detected.

The seized goods of both the consignments were sent to the authorities concerned for adjudication, recovery and other proceedings, as per customs law.

Meanwhile, in its efforts to curb the menace of smuggling, the Customs Intelligence destroyed a huge quantity of foreign-origin goods, including 222 packets of Indian Gutka, 800 kgs of betel-nuts, 12,520 strips of 69,000 Viagra (50mg) tablets, 60 bottles of 6,000 Centrum high potency multivitamin tablets, 21 cartons of packing material/literature of sexual medicines, 1,500 kgs or 25 bags of black tea, and 1,300 CDs/DVDs of English and Indian songs.

Opinion

Editorial

Last call
Updated 15 Nov, 2024

Last call

PTI should hardly be turning its "final" protest into a "do or die" occasion.
Mini budget talk
15 Nov, 2024

Mini budget talk

NO matter how much Pakistan’s finance managers try to downplay the prospect of a ‘mini budget’ to pull off a...
Diabetes challenge
15 Nov, 2024

Diabetes challenge

AMONGST the many public health challenges confronting Pakistan, diabetes arguably does not get the attention it...
China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...