BR100 Decreased By (-0.66%)
BR30 Decreased By (-0.69%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.37%)
AGHA 7.73 Decreased By ▼ -0.19 (-2.4%)
BECO 5.16 Decreased By ▼ -0.04 (-0.77%)
BML 57.20 Decreased By ▼ -2.05 (-3.46%)
BOP 33.30 Decreased By ▼ -0.38 (-1.13%)
CNERGY 10.15 Increased By ▲ 0.34 (3.47%)
CSIL 5.22 Decreased By ▼ -0.20 (-3.69%)
FCCL 53.01 Decreased By ▼ -0.51 (-0.95%)
FFL 16.37 Decreased By ▼ -0.31 (-1.86%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.18 Decreased By ▼ -0.17 (-2.31%)
KOSM 5.59 Decreased By ▼ -0.02 (-0.36%)
LOTCHEM 28.70 Decreased By ▼ -0.41 (-1.41%)
MLCF 93.61 Decreased By ▼ -1.89 (-1.98%)
NBP 201.05 Decreased By ▼ -3.30 (-1.61%)
NCPL 56.35 Decreased By ▼ -1.89 (-3.25%)
NPL 66.20 Decreased By ▼ -1.59 (-2.35%)
OGDC 317.30 Decreased By ▼ -0.64 (-0.2%)
PACE 10.62 Decreased By ▼ -0.09 (-0.84%)
PAEL 40.87 Decreased By ▼ -0.96 (-2.3%)
PIBTL 16.20 Decreased By ▼ -0.30 (-1.82%)
PPL 221.31 Increased By ▲ 1.57 (0.71%)
PRL 47.93 Increased By ▲ 3.34 (7.49%)
PTC 69.40 Decreased By ▼ -1.37 (-1.94%)
SSGC 28.35 Decreased By ▼ -0.58 (-2%)
TBL 9.72 Decreased By ▼ -0.12 (-1.22%)
TELE 8.61 Decreased By ▼ -0.15 (-1.71%)
TPL 16.45 No Change ▼ 0.00 (0%)
TPLP 12.25 Increased By ▲ 0.15 (1.24%)
TREET 22.38 Decreased By ▼ -0.42 (-1.84%)
TRG 58.80 Decreased By ▼ -1.23 (-2.05%)

ISLAMABAD: The Collectorate of Customs Appraisement (West), Karachi has foiled an attempt to clear high-value and high-tariff miscellaneous goods mostly banned by Ministry of Commerce on May 19, 2022.

A consignment imported from UAE by M/s Riz Green Industries (NTN-4608536) declared to contain “old and used tyres scrap” vide GD No. KAPW-HC-19880 of August 15, 2022, filed through clearing agent M/s Shafaay International comprising 10x40’ containers, marked by system in yellow channel, was suspected and referred for detailed examination at Karachi International Container Terminal (KICT).

Upon examination, miscellaneous goods including artificial jewellery, furnishing/suiting fabric, laptops, tablets/Ipads, mobile phones, auto parts, food supplements, cereals, hair accessories, cosmetics, DVRs and home electronics, etc, were recovered from 9 out of 10 containers. The assessed value of the recovered goods is estimated at Rs453 million involving duties and taxes worth Rs400 million (approx).

An FIR has been lodged and one person has been detained. Further investigation is under way to nab all the culprits involved. The instant detection which was a result of heightened vigilance by Customs officials on the directions of Chief Collector Appraisement South, Wajid Ali, is a landmark case in terms of the value of goods and duties/taxes involved.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.