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Drive against misdeclaration and under-invoicing has been initiated on the directives of FBR chairman Shabbar Zaidi and member Customs Agha Jawad. Collector MCC Port Qasim Mumtaz Ali Khoso has formed a team under Deputy Collector R&D Amjad Aman Laghari.
In this regard, the Consignment of 47 containers of iron and steel remeltable scrap imported by M/s Amreli Steels, assigned to get out through green channel was intercepted and when nine (09) containers were examined, auto parts scrap of more than 70 tons was found against the declared quantity of 900 Kg only in 9 containers. In view of this misdeclaration, the remaining 38 containers were also marked for examination. The approximate evasion of duty and taxes is up to Rs 15 million.

Copyright Business Recorder, 2019

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