The Directorate of Customs Post-Clearance Audit South, under the Federal Board of Revenue (FBR), has uncovered a major Rs2.4 billion fraud involving the evasion of duties and taxes under the Manufacturing Bond, Duty and Tax Remission for Exports (DTRE), and the Temporary Import and Export Facilitation Scheme.
The fraud was traced to Qazi Sanjrani Enterprises, which had imported raw and packaging materials for cement manufacturing under export exemption schemes. However, investigations revealed the company had illegally sold these goods in the local market.
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The audit revealed that around 463,334 metric tons of clinker were imported, but only 62,000 tons were recovered, with 396,000 metric tons missing from the factory. The company was found to have fraudulently benefited from export exemption schemes and evaded duties and taxes worth Rs369 million through manufacturing bonds, Rs91 million via temporary import facilities, Rs1 billion under the Export Facilitation Scheme, Rs222 million through DTRE, and Rs676 million through the illegal sale of imported goods.
A case has been registered against the company, and teams have been formed to arrest the accused.
