MG Motors Pakistan cleared in under-invoicing probe
July 24, 2021 ISLAMABAD: After a six-month-long investigation, Federal Board of Revenue (FBR) and its Chinese counterpart have found no evidence of under-invoicing by MG Motors in the import of its cars to Pakistan, The News has learnt. The FBR’s Customs Wing officials in a letter dated March 4 had asked the Ministry of Commerce to direct the Pakistan Trade Mission in China to assist the board in verifying the import documents. In its reply, the Pakistani Mission in Shanghai told the FBR it may contact the Chinese customs by email for the verification of the document. “Pakistan's Mission...
Source: thenews.com.pk