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Pakistan Customs Reaffirms Commitment to Combat Under-Invoicing and Smuggling

  • Pakistan Customs reaffirms commitment to combat under-invoicing
  • Law enforcement agencies are scrutinizing individuals engaged in under-invoicing
  • 50 cases of under-invoicing have been identified and actions have been initiated
  • Under-invoicing in exports poses a challenge to the national exchequer
  • Customs authorities prioritize discouraging smuggling and have seized smuggled goods worth Rs 1.7 billion
  • KATI emphasizes the importance of strong action against smuggling and ending the purchase of smuggled goods
  • Comprehensive approach needed to combat all forms of smuggling, including cross-border activities
  • Recent operations against smuggled goods have been effective in curbing illegal trade practices
  • Government’s determination reflects commitment to transparency, revenue collection, and economic stability
  • Efforts are vital for promoting a fair and competitive business environment in Pakistan.

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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