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Collectorates fails to recover Rs500 million in FTA/PTA cases

bySohail Rab
23/10/2014
in Karachi, Latest News
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KARACHI: The Model Customs Collectorate Appraisement-West,  Appraisement-East and  Port Muhammad Bin Qasim have failed to recover the amount pointed out by the Directorate of Internal Audit Customs in connection with the anomalies reported in the issuance of FTA/PTA certificates, it is learnt here.

Sources informed Customs Today that the Directorate of Internal Audit Karachi Region has detected an amount of Rs500 million in share of recoverable amount in connection with the issuance of FTA/PTA certificates from the Collectorates of field formation during the year 2013-14.

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The sources further informed this scribe that the revenue figure of Rs500million has been pointed out by the Directorate of Internal Audit Karachi and details of the leaked revenue in issuance of FTA/PTA have been sent to the audit department of the relevant Collectorates in January 2014. However, no recovery has been witnessed from the Collectorates despite passing of 10months from Jan to Oct during the current year.

They further disclosed that all three Collectorates have agreed upon recovering half of the total detected amount Rs 500 million, but they have failed to do the same.

“The non-serious attitude and incompetency of the audit staff at Collectorate level hampers the recovery process in this regard which causes the colossal loss to the revenue,” they added.

Tags: certificatesFTA/PTAMCC Appraisement-East and MCCModel Customs Collectorate Appraisement-WestPort Muhammad Bin Qasim

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