Karachi customs value misdeclared EPZ goods at Rs68.8 crore
A joint transit-trade and appraisement check in Karachi found load cells in a Risalpur EPZ-bound container that had been declared as machine press parts.
Directorate Transit Trade Operations Karachi and Customs Appraisement jointly inspected a consignment bound for Peshawar Export Processing Zone Risalpur.
Goods Declaration listed machine press parts; the container held load cells instead.
Director General Transit Trade Irfan Javed said goods worth Rs68.8 crore were seized.
Valuation put duty and taxes payable at Rs16.5 crore.
EPZDA had licensed the importer for artificial flowers and plants, suitcases and bags; legal action under the Customs Act is under way.