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Today's Paper | December 23, 2024

Published 23 Jul, 2008 12:00am

Rs4m duty, tax evasion unearthed

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.

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