KARACHI: The Model Customs Collectorate of PaCCS has lodged a first information report (FIR) against the proprietors of M/s SMS Impex, Lahore for continuously defrauding the authorities and depriving the exchequer of RS88.776 million revenue. According to the details of the FIR lodged before the Court of Special Judge (Customs & Taxation), the importer imported a consignment of coated abrasive cloth: Aluminum Oxide & Aluminum Zirconia cloth in rolls and filed a Goods Declaration (GD) through its agent M/s Zeeshan International declaring value of the goods at $25,107.59 C&F on the basis of a invoice purportedly issued by the supplier and paid duty/taxes of Rs1.257 million. On physical examination, of the goods, an invoice having value of the goods as $87,331 C&F was retrieved from inside the container issued by the same supplier. Hence the aforesaid decaled value and invoice declared to be false and fabricated deliberately supplied by the importer for under-invoicing. M/s SMS Impex grossly mis-declared the value of the goods for evading governmentÃ¢â‚¬â„¢s legitimate revenue of amounting to Rs3.122 million. The imported goods and invoice have been seized. Data of the previous identical imports suggested that SMS Impex previously imported 42 consignment of identical goods from the same supplied and got those cleared from Customs declaring the unit prices much lower $7.05/KG C&F as reflected in the above mentioned retrieved invoice evading a total of Rs85.654 million, which is also recoverable from the importer against those 42 consignments. Efforts are being made to arrest the culprits involved in the crime and the role of concerned clearing agent and others will be determined through in-depth investigation.