Let’s be honest—higher tariffs are a problem only for companies that pay them. A number of competitors, however, will choose to fight the new trade wars with an old evasive tactic: under-invoicing.
ISLAMABAD, June 5: The tax authorities are considering a budgetary proposal to work out measures for countering under-invoicing, dumping and smuggling of goods. Official sources told Dawn on Saturday ...
The Pakistan Business Council wrote to the Minister of Finance a few days ago, documenting discrepancies in Pakistan’s trade data as probable evidence for under-invoicing of imports. The data was used ...
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