Customs intel finds 67 bond-licence manipulators
Sun, Jan 10 2016, 12:00 am
Customs intelligence investigation has detected a fourfold rise in the abuse of bonded-warehouse facility in the last two years, officials said.
They said the directorate of customs intelligence and investigation under the revenue board had detected irregularities allegedly committed by 67 bond licence-holding companies between July 2013 and October 2015.
Most of the companies that made a wrong use of the facility were involved in plastic grains and duplex board manufacturing and prin...read more