Massive Tax Fraud Uncovered At Karachi Export Processing Zone

On Tuesday 28th of January 2025, according to news sources, the Port Qasim Export Collectorate revealed massive fraud in taxes at the Karachi Export Processing Zone.

Based on the information, Sardar Enterprises was convicted of smuggling and dodging taxes at the Karachi Export Processing Zone. The corporation was found guilty of dodging taxes of (Rs 825 million), as per the Port Qasim Export Collectorate.

From media reports, the business unlawfully cleaned used materials at local market rates and exploited tax exempted commodities. Investigations showed that the company fraudulently imported (14,000 kg) of industrial yarn under the appearance of importing cotton.

Arrest 4 Persons

Sardar Enterprises has been charged with smuggling and tax evasion, and specialist teams have been organized to capture the defendants and their associates.

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These (4) people were previously detained by the Federal Board of Revenue (FBR) in connection with the (Rs 11 billion) tax invoice scandal.

According to information, the Federal Board of Revenue (FBR) arrested (4) defendants who were allegedly participating in the scheme and stopped a group of fraudulent or flying sales tax bill mafia.

Depending to the Federal Board of Revenue (FBR), one of the suspects was taken into custody while submitting false sales tax returns from his home for many dummy companies. Another defendant, a facilitator officer at the PRAL Call Center in Islamabad, was taken into custody.

Additionally, the suspect’s official PRAL computer included (Rs 1.6 billion) worth of bogus production tax data that the FBR officials seized. Karachi is home to all (4) of the suspects.