Narayanganj:Customs officials in Narayanganj have seized 72,944 kilograms of yarn valued at Taka 2.95 crore from four unregistered warehouses in the Araihazar upazila.
According to Bangladesh Sangbad Sangstha, the Customs, Excise and VAT Commissionerate conducted a raid on the warehouses, which are operated by Anik Traders and owned by Haji Mobarak Mollah, at Purinda Bazar around 1000 am today. The seizure occurred due to the absence of tax invoices for the goods.
The yarn, originating from China and India, included metallic, polyester, and nylon types. The authorities have taken possession of the yarn and estimated its market value at Taka 2.95 crore.
The Commissionerate has begun legal actions to collect the due government revenue, as stated in an official press release.