Collectorate of Customs (Export) in Port Muhammad Bin Qasim has revealed tax and duty of duty on RS825 million and brought a case against a trading that operates within the export processing zone (EPZ).

Collectorate revised shipments imported by M/S Sardar Enterprises in the financial year 2023-24, based on credible information about the unit’s activities. The audit revealed that the company abused the exceptions awarded to EPZ units and participated in smuggling and tax evasion.

In January of this year, the company imported two shipments, one of which raised alarms during a detailed study.

The company had mistakenly declared a consignment as extensive mixed old and used LCD -layerable computers, LCD panels, computer parts and components. After inspection, the Customs Guide Teams found tablets and new keyboards that are not allowed under EPZ import provisions.

In the second consignment, the company declared balls of cotton in the declaration of goods. However, a customs survey revealed that 14,000 kg of cellulose aceta features were hidden inside the cotton balls, which violates EPZ import legislation.

Through these erroneous declarations, M/S avoided Sardar Enterprises RS825 million in tasks and taxes, which resulted in a loss for national tax.

Collectorate has registered a case against the company’s directors, Javed Rasheed and Waqar Insha, as well as clearing agent M/S Maryam Logistics’ owner Ahmed Shehzad Khan and QURBAN Ali. Two teams have been formed to arrest the suspects.