Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Customs’ PCA detects five cases of Rs 103m tax evasion in May, 2015

bySohail Rab
10/06/2015
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Directorate of Post Clearance Audit, Customs in May, 2015 has detected five case of tax evasion in different terms including custom duty/regulatory duty, sales tax, withholding tax and others amounting to Rs 103 million approximately.

According to the details, PCA has detected two cases in which the unscrupulous elements mis-declared the value and involved in misusing of SRO659 (I)/2007.

You might also like

ICCI President warns of economic slowdown due to restrictive policies

16/04/2026

KP govt database allegedly leaked on dark web

16/04/2026

Sources informed Customs Today that Rs 3.18 million were evaded in terms of custom duty and Rs 3.29 million in share of sales tax and withholding tax in the said two cases.

The Directorate of Post Clearance Audit also detected a case in which the importer tried to evade Rs 56.67 million in share of sales tax on import of Poly Propylene Tape Grade.

It also detected a tax evasion case in which the importer was tried to evade Rs 39.45 million in wake of income tax on import of Q-Brand GSM mobile phones by misusing the Customs General Order No. 12/2002.

The PCA in their continue efforts towards detecting tax evasion cases also detected a case of mis-declaration of value and non-application of valuation ruling in terms of custom duty amounting to Rs 104,142 and sales tax Rs 387,808.

While, PCA Director Gul Rehman has very much satisfied with the efforts done by the officials and officers of PCA-Customs in detecting tax evasion cases and carried out legal proceedings in this regard.

 

Related Stories

ICCI President warns of economic slowdown due to restrictive policies

byCT Report
16/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood has expressed grave concern over the escalating challenges faced...

KP govt database allegedly leaked on dark web

byCT Report
16/04/2026

PESHAWAR: A database allegedly linked to a Khyber Pakhtunkhwa government website has been shared on the dark web, raising concerns...

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

PRA collects over Rs250 billion in nine months of FY-2026

byCT Report
16/04/2026

LAHORE: The Punjab Revenue Authority has released data for tax collection during the first three quarters of the current fiscal...

Next Post

Finance Bill 2015-16 proposes increase in penalty amount to restrict mis-declaration

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.