ISLAMABAD: Pakistan Customs has initiated legal proceedings against M/s Shippo Private Limited, an industrial unit operating in the Export Processing Zone (EPZ), Risalpur, following the detection of alleged import irregularities and a substantial shortage of goods during audit and stock-taking proceedings.
During an audit of industrial units operating in EPZ Risalpur, the Collectorate of Customs Appraisement, Peshawar, received information from the Directorate of Transit Trade, Karachi, regarding the interception of a consignment imported by Shippo Private Limited at Karachi Port. The consignment was intercepted for detailed scrutiny prior to the issuance of transhipment permission (TP) for EPZ Risalpur.
Examination reportedly revealed that the imported goods did not correspond with those authorised under the unit’s licence, indicating the alleged importation of unauthorised goods. Accordingly, the Directorate of Transit Trade, Karachi, registered an FIR in the matter.
READ ALSO: EPZ Risalpur consignment: Rs277m misdeclaration case uncovered
Subsequently, a focused audit conducted by the Collectorate of Customs Appraisement, Peshawar, revealed a substantial shortage of goods at the unit, involving potential evasion of customs duties and taxes estimated at approximately Rs. 117 million. Consequently, a separate FIR was registered against the unit on 06 November 2026 under the relevant provisions of law.
Meanwhile, a fire broke out at the premises of the unit on 08 November 2026. The cause and circumstances of the incident have yet to be established. The competent Zone Authority is expected to examine the incident in accordance with the applicable procedures.
Pakistan Customs remains committed to enforcing customs laws, safeguarding government revenue and ensuring transparency and accountability in the operations of units functioning within Export Processing Zones. All legal proceedings in the matter will be pursued strictly in accordance with law.
Copyright Business Recorder, 2026
Source: brecorder
Leave a Reply