KARACHI: Pakistan Customs has detected tax fraud involving mis-declaration of high-value electronic goods and machinery in two separate cases at Al-Hamd International Container Terminal (AHICT) and Karachi International Container Terminal (KICT).
According to the details, the Collectorate of Customs, Appraisement, West has registered two separate FIRs for high-value import frauds through mis-declaration of goods. The first fraud was reported at Al-Hamd International Container Terminal, where customs officials discovered severe discrepancies between the declared items and actual contents during examination.
“The accused attempted to evade approximately Rs. 74 million in taxes and duties through falsified documentation,” the documents said. “The mis-declared goods, valued at Rs. 213 million, included concealed high-value electronics and switched items.” The investigation revealed the importer had submitted manipulated invoices and bills of lading through the WeBOC system.
In another case, the accused company allegedly attempted to pass off advanced computerized injection moulding machines as older, less valuable equipment by affixing fake identification plates.
Customs officials conducting a re-examination at Karachi International Container Terminal discovered undeclared equipment, including vertical colour mixers and hoppers. The scheme attempted to evade Rs. 2 million in duties on goods valued at Rs. 15.23 million.
Multiple individuals have been implicated, including company directors, clearing agents, KICT, and AHICT staff. The investigation remains ongoing with further arrests expected as authorities work to identify all involved parties.
Copyright Business Recorder, 2025
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