AIRLINK 182.75 Increased By ▲ 2.58 (1.43%)
BOP 11.77 Increased By ▲ 0.35 (3.06%)
CNERGY 8.47 Decreased By ▼ -0.08 (-0.94%)
CPHL 94.70 Decreased By ▼ -0.53 (-0.56%)
FCCL 46.70 Increased By ▲ 0.18 (0.39%)
FFL 16.33 Increased By ▲ 0.03 (0.18%)
FLYNG 28.50 Decreased By ▼ -0.20 (-0.7%)
HUBC 146.85 Increased By ▲ 1.61 (1.11%)
HUMNL 13.03 Decreased By ▼ -0.07 (-0.53%)
KEL 4.46 Decreased By ▼ -0.04 (-0.89%)
KOSM 5.82 Increased By ▲ 0.15 (2.65%)
MLCF 68.49 Decreased By ▼ -0.95 (-1.37%)
OGDC 214.15 Increased By ▲ 1.92 (0.9%)
PACE 6.08 Increased By ▲ 0.06 (1%)
PAEL 47.96 Increased By ▲ 0.07 (0.15%)
PIAHCLA 17.85 Decreased By ▼ -0.15 (-0.83%)
PIBTL 10.35 Decreased By ▼ -0.23 (-2.17%)
POWER 14.50 Increased By ▲ 0.96 (7.09%)
PPL 172.00 Increased By ▲ 1.19 (0.7%)
PRL 34.25 Decreased By ▼ -0.42 (-1.21%)
PTC 22.38 Decreased By ▼ -0.26 (-1.15%)
SEARL 95.99 Increased By ▲ 0.16 (0.17%)
SSGC 42.35 Decreased By ▼ -1.02 (-2.35%)
SYM 15.61 Increased By ▲ 1.42 (10.01%)
TELE 7.53 Increased By ▲ 0.26 (3.58%)
TPLP 10.08 Increased By ▲ 0.19 (1.92%)
TRG 65.68 Increased By ▲ 0.08 (0.12%)
WAVESAPP 9.90 Increased By ▲ 0.10 (1.02%)
WTL 1.36 Increased By ▲ 0.03 (2.26%)
YOUW 3.82 Increased By ▲ 0.08 (2.14%)
AIRLINK 182.75 Increased By ▲ 2.58 (1.43%)
BOP 11.77 Increased By ▲ 0.35 (3.06%)
CNERGY 8.47 Decreased By ▼ -0.08 (-0.94%)
CPHL 94.70 Decreased By ▼ -0.53 (-0.56%)
FCCL 46.70 Increased By ▲ 0.18 (0.39%)
FFL 16.33 Increased By ▲ 0.03 (0.18%)
FLYNG 28.50 Decreased By ▼ -0.20 (-0.7%)
HUBC 146.85 Increased By ▲ 1.61 (1.11%)
HUMNL 13.03 Decreased By ▼ -0.07 (-0.53%)
KEL 4.46 Decreased By ▼ -0.04 (-0.89%)
KOSM 5.82 Increased By ▲ 0.15 (2.65%)
MLCF 68.49 Decreased By ▼ -0.95 (-1.37%)
OGDC 214.15 Increased By ▲ 1.92 (0.9%)
PACE 6.08 Increased By ▲ 0.06 (1%)
PAEL 47.96 Increased By ▲ 0.07 (0.15%)
PIAHCLA 17.85 Decreased By ▼ -0.15 (-0.83%)
PIBTL 10.35 Decreased By ▼ -0.23 (-2.17%)
POWER 14.50 Increased By ▲ 0.96 (7.09%)
PPL 172.00 Increased By ▲ 1.19 (0.7%)
PRL 34.25 Decreased By ▼ -0.42 (-1.21%)
PTC 22.38 Decreased By ▼ -0.26 (-1.15%)
SEARL 95.99 Increased By ▲ 0.16 (0.17%)
SSGC 42.35 Decreased By ▼ -1.02 (-2.35%)
SYM 15.61 Increased By ▲ 1.42 (10.01%)
TELE 7.53 Increased By ▲ 0.26 (3.58%)
TPLP 10.08 Increased By ▲ 0.19 (1.92%)
TRG 65.68 Increased By ▲ 0.08 (0.12%)
WAVESAPP 9.90 Increased By ▲ 0.10 (1.02%)
WTL 1.36 Increased By ▲ 0.03 (2.26%)
YOUW 3.82 Increased By ▲ 0.08 (2.14%)
BR100 12,774 Increased By 71.4 (0.56%)
BR30 38,447 Increased By 189.8 (0.5%)
KSE100 119,016 Increased By 633 (0.53%)
KSE30 36,592 Increased By 197.4 (0.54%)

KARACHI: Collectorate of Customs Appraisement (West), Karachi has unearthed a mega import scam against Multan Institute of Kidney Diseases (MIKD), providing a serious financial shock to the national kitty.

According to the details, the action was taken on a tip-off, which revealed that MIKD with the active connivance of its authorized Clearing Agent Mass Traders (KCUS-2371) indulged in importing and getting cleared the items on suppressed value in commercial quantity, which are not related to the declared objective of the Institute, while availing exemption of duties and taxes under Special Classification Provision 9913, providing a serious financial shock to the national kitty.

It was further reported that a few unscrupulous elements were selling the said items in the local market instead of bringing the same for in-house usage of the Multan Institute of Kidney Disease as per the requirement of the exempting law.

In order to verify the veracity of the information, a consignment of the MIKD imported vide GD # KAPW-HC-163541-09-05-2022 was put under detailed scrutiny.

Upon physical examination, it is found that the quantity of the imported items has been mis-declared besides, the consignment is also containing items like exercise elliptical trainer, water bath, broadband wifi router device, old and used upon router device, laptop battery, laser printer toner cartridge, dental gum tip and bathroom weight scale, etc, which were not relevant for advancing the declared objectives of a Kidney Institute.

Copyright Business Recorder, 2022

Comments

Comments are closed.