Customs thwarts food importer's bid to evade Rs 27.5mln Taxes

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Customs thwarts food importer's bid to evade Rs 27.5mln Taxes
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KARACHI: Customs Intelligence in Karachi conducted an operation that revealed an attempt to evade Rs 27.5 million in taxes regarding the import of edible oil by Food Links International.

Acting on a tip-off, the operation uncovered under-invoicing tactics used to avoid taxes on oil imported from Indonesia. Additionally, the authorities found evidence suggesting the company's involvement in cash transactions through the Hawala/Hundi network for these imports. Legal action has been taken against those implicated in the evasion.

Journalist at Pakistan State Time. Covering different beats including Politics, Current Affairs & other news content. Looking after OP-ED page with diversified content on mix topics of greater interest. Also member of Karachi Union of Journalist (KUJ).

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