Professional Documents
Culture Documents
Probe into the mode of payment of foreign exchange to the supplier in US revealed that the
importing firms and their proprietors were operating fourteen (14) accounts. Details of
money transactions obtained from the concerned banks were scrutinized which transpired
that nearly Rs. one (01) billion had been credited through the said accounts. It was further
observed that the amount did not commensurate with their business profile. Moreover,
debit transactions (mostly in cash) from the said accounts corroborate the suspicion that
US$ 2,889,755/- were sent to USA through non-banking channels to pay for the differential
in value of the said consignments. No money trail is available as to the source of these
funds or the mode of its transmission from Pakistan to USA. It is suspected that proceeds of
crime are being laundered in this manner.
Several consignments of water purification filters/ reverse osmosis membranes were
imported from USA on payment of US$ 3.050 million, out of which US$ 2.889 had been
sent out of Pakistan through illegal channels. The requisite evidence was collected from
US officially. Evasion of duty/ taxes of Rs. 139 million was established with the help
of original export documents obtained from US Customs. Office of the fraudulent
importer, in Lahore, was also raided by Customs Intelligence and corroborative evidence
was recovered. Special Judge (Customs & Taxation), Karachi has granted
permission of investigation under section 21 of AML Act, 2010. The case is under
trial.
2. M/S SUNDAR TRADING CO, LAHORE.
i. M/s.Wall Street,UAE
ii. M/s.Aydah Trading LLC,Dubai
iii. M/s.Universal Exchange, Dubai
iv. M/s.Max Orion Trading LLC, Dubai.
M/s. Sundar Trading Co, Lahore imported thirty (30) consignments of surveying equipment
from Singapore and cleared the same on extremely under-invoiced value. UAE embassy in
Islamabad has been approached for obtaining Pakistani contacts of the above-
referred Dubai-based exchange companies. An amount of Rs. 100 million was found to
have been evaded in duty/ taxes, on the goods valuing Rs. 307 million. Special Judge
(Customs & Taxation), Karachi has granted permission of investigation under section
21 of AML Act, 2010.The case is under trial.
3. M/S MARUSH INTERNATIONAL
M/s. Marush International, a Lahore- based Company imported poultry vaccines and
medicines on under-invoiced value and against fake documents. Regional Directorate
Intelligence and Investigation-Customs, Lahore made seizure case No.15/2017 dated
11.02.2017 and contravention report No.15/2017 dated 11.02.2017 against the company
and forwarded the same to the Collector of Customs, Adjudication, Lahore. During
adjudication, charges against the importer stood established and the learned Collector
vide Orders-in-Original No.93/2017 dated 17.07.2017 and 20/2018 dated 19.01.2018
decided the cases. An amount of Rs.82.75m on account of duty/taxes, redemption fine
and penalty has been recovered in the seizure case. An amount of Rs.39.39 on
account of duty/taxes/penalty has been recovered in contravention case. An amount
of Rs.37.53 is still recoverable in contravention case and the case is sub judice in
Customs Appellate tribunal, Lahore. A criminal case was also registered against the
company vide FIR NO.05/2017 dated 11.02.2017.
During investigation, it transpired that the company had sent an amount of US$ 10
million illegally to various suppliers in countries like Hong Kong, UAE, Singapore, UK,
Germany, Spain etc through seven (07) Dubai-based exchange companies on behalf of
the importer. Evidence of US$ 2.1 million illegally transferred to various international
destinations from Dubai has been unearthed. For the remaining evidence, UAE embassy
in Pakistan has been approached. Application for obtaining permission of investigation
under section 21 of AML Act, 2010 has been filed with Special Judge (Customs &
Taxation), Lahore. Decision thereof is awaited.
4. M/S.K.K.METAL INDUSTIRES
Three importers in these cases had mis-declared and manipulated documents with respect
to country of origin of the goods resulting in illegal import of Indian grey fabric under PCT
heading 5407.1000. A case of fiscal fraud under Customs Act, 1969 was registered. An
application under AML Act 2010 was also filed before the Special Judge Customs,
Taxation & Anti-Smuggling, Lahore for grant of permission to investigate the matter,
which is pending for approval. The total amount/value of the goods involved is Rs 27.9
Million. Custom administrations of China and UAE have been approached for provision of
original export documents.