Attempts to get incentives by showing fake exports

Customs officials with seized export goods. Photo: Collected

An exporter named Sagar Jute Diversified Industry in Narayanganj has tried to smuggle Tk 3 crores and 81 lacs by falsely declaring export of goods to the United Arab Emirates and to get a 20% export incentive. Chittagong Customs House Deputy Commissioner Md. Ahsan Ullah informed the media about this on Thursday (7 April).

The nominated C&F agent of the exporting company was a company called Azizul Haque & Co. (Pvt.) Ltd. in the Dewanhat area of ​​the city. The exporter announced an export price of Tk 4 crores 76 lacs 61 thousand and 855 for 72 thousand pieces of products. But physical examination found only 29 thousand and 993 pieces of products with a market value of Tk 25 lacs 77 thousand and 26.

Ahsan Ullah, Deputy Commissioner of Chittagong Customs House said, ‘We came to know through classified news that the exporting company tried to bring Tk 3 crores 81 lacs 84 thousand and 859 illegally by making false declarations. Physical examination also found evidence of their forgery. Not only that, the government is giving a 20% incentive to encourage the export sector. The company tried to get Tk 76 lacs 36 thousand and 972 illegally as an incentive. Therefore, per the Customs Act-1969 and other prevailing laws, exemplary punishment is being provided against the company.

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