EPZ Risalpur consignment: Rs277m misdeclaration case uncovered

Business Recorder reported on November 5 that Pakistan Customs had detected an alleged false-declaration case involving imported goods valued at about Rs277 million and intended for the Export Processing Zone in Risalpur. The consignment was imported by a unit registered in the zone, which had sought to move it there from Karachi under a transshipment declaration.

Customs officials said the paperwork described the shipment as artificial flowers, machine parts and spray, but an inspection instead found load cells, perfumes and cosmetics. The discrepancy was viewed as an attempt to bypass customs requirements through an inaccurate declaration. Authorities estimate the related duty and tax evasion at roughly Rs108 million, and registration of a case and further proceedings are under way.

The company is registered in Risalpur as a manufacturer and exporter of artificial flowers and plants, according to the report. The case highlights enforcement of customs and tax rules on goods moving into export-processing zones, while the source does not identify the importer by name.