Importers evade taxes by transshipping goods to dry ports
A recent report has revealed that importers are using transshipment (TP) consignments to dry ports as a way of evading duty and taxes on high tariff goods. The report claims…
Customs tightens noose around the toy importers involved in evasion
KARACHI: Chief Collector Appraisement South Abdul Rasheed Sheikh has alerted all the collectorates and dry ports as Pakistan Customs is tightening the noose around a particular cartel of toy importers,…
JIT formed to investigate pilferage of TP consignments
KARACHI: Directorate General of Customs Intelligence & Investigation has constituted a joint investigation team (JIT) to investigate the pilferage of transshipment (TP) consignments by M/s K.K Metal Industry. The phenomenon…
Data of GDs processed at dry ports suggest large scale duty/tax evasion
KARACHI: The data regarding processing of Goods Declarations (GDs) in relation to the value of declared goods against these declarations suggests an abnormal pattern particularly at Taftan Quetta dry port,…