Imagine sitting in Costa Cafe at Karachi having Cappuccino made with freshly grinded famous Costa coffee beans, it’s good to have Costa in Pakistan but you will be amazed to know that Gerrys Food and Leisure who is operating this franchise is causing millions of PKR tax fraud at importing stage using third party importer or consignee. In addition to misdeclaration at Import stage evading millions of PKR in Sales Tax,Regulatory Duty and other taxes, difference between import price and retail price of 60ml coffee cup with only 14grams of coffee beans costing retail consumer PKR 770 will shock you how this crime of tax evasion is done with ease by Gerrys.
Let me elobrate further, Gerrys buy Mocha Italia Coffee beans from Costa at approx USD 20 per kg yes I am right per kg or in Pak Rs 5, 600 per kg or for 14 gram coffee beans cost is just Rs 79 which cost consumer Rs 770 (Gerrys upcoming shipment 1200kg from China evidence enclosed)
Amazing part of Gerrys Food and Leisure modus operandi is they import on third party name like a 600kgs coffee beans shipment was cleared on consignee name Norwich Enterprises
Address Suit no 817, Uni plaza, I.I Chundrigar Road, Karachi South Saddar Town via
GD number KAPW-HC-55205-09-10-2024
BL number 3CEI4074028
It is easy to understand how USD 20 per kg coffee beans bought by Gerrys from Costa was declared USD 5 per kg a massive USD 15 per kg miss declarition when you see goods declaration copy of subject shipment cleared in October 2024 on Norwich Enterprises name. In past it was imported in other names which may be checked to calculate actual tax evasion which will be crores of PKR.
Another shipment of over 1200kg is now on way from China reaching at Karachi port as Lcl shipment on December 16th 2024 to be reported to FBR and will be confiscated. Container number OOLU8927497
Following fair practices Gerrys Opinion was also seeked and is stated as under
“Gerrys owner and coo were contacted but no response”
Ali Raza
Writer of this investigating story is seasoned business, advertising and media consultant in addition having extensive knowledge/experience of logistics and custom clearance family business.
