Islamabad, December 3, 2025 – The Collectorate of Customs Enforcement Karachi has successfully intercepted a major revenue evasion attempt, preventing an estimated Rs167 million loss to the national exchequer. The action targeted M/s Insons Corporation, Karachi, and their clearing agent M/s Pakistan Shipping and Logistics Company, following credible intelligence of potential misdeclaration in an imported consignment, according to an official FBR release. Customs officers re-examined Container No. OOLU1097058 at the KICT Terminal, filed under GD No. KAPW-HC-81856-05-11-2025, and discovered a gross misdeclaration of high-value Japanese auto parts imported via Jebel Ali. The reassessment revealed: • 24,000 Universal Joints (GMB, Japan) concealed in the shipment • 43 undeclared refurbished laptops • Significant under-reporting of automotive bearings The…