Major Misdeclaration

Customs Enforcement Karachi stopped a major misdeclaration attempt and protected revenue worth Rs. 167 million, the Federal Board of Revenue (FBR) confirmed.

Officials said M/s Inn Sons Corporation imported the consignment, while M/s Pakistan Shipping and Logistics Company handled the clearance process.

Importers Accused of Undervaluing Auto Parts and Laptops

The importers allegedly undervalued the auto parts and laptops shipped from Jebel Ali. They attempted to evade taxes by declaring fewer items than the actual quantity.

After interception, Customs assessed the goods at Rs. 193 million. Officers found the consignment contained far more items than declared, confirming a deliberate effort to mislead authorities.

FBR Initiates Legal Proceedings

Following the recovery, FBR started legal action under the Customs Act 1969. The case includes the importer and all facilitators involved in the misdeclaration attempt.

Officials said the investigation will uncover the full network behind the suspected tax evasion scheme.

Customs Strengthens Monitoring to Protect Revenue

Customs Enforcement Karachi stated it will continue strict monitoring. The department aims to curb smuggling, misdeclaration, and tax evasion through intensified enforcement measures.https://globiscope.com

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