Customs Foils Major Misdeclaration Attempt, Saves Rs. 167 Million in Revenue

The Customs Enforcement Karachi has blocked a major attempt at misdeclaration, preventing a revenue loss of Rs. 167 million, the Federal Board of Revenue (FBR) said. According to officials, the consignment was imported by M/s Inn Sons Corporation, with clearance handling by M/s Pakistan Shipping and Logistics Company. The importers allegedly undervalued the quantity of auto parts and laptops shipped from Jebel Ali in an effort to evade taxes. The seized goods have been valued at Rs. 193 million, based on assessments conducted after the interception. Customs officers said the consignment contained significantly more items than declared, confirming a deliberate attempt to mislead authorities. Following the recovery, FBR has initiated legal proceedings under the Customs Act 1969 against the importer and all facilitators involved. Officials noted that the investigation will determine the full extent of the network behind the attempted tax evasion. Customs Enforcement Karachi said it will continue strict monitoring to curb misdeclaration, smuggling and tax evasion, adding that efforts are being intensified to safeguard national revenue.