KARACHI: While upholding its commitment to detect and highlight the tax evaders in the country, the Customs Directorate of Post Clearance Audit (PCA) Karachi has detected evasion of taxes/duties to the tune of Rs 289.58 million just in the month of May 2016.
According to sources, the PCA Directorate Karachi detected a total of 19 cases of tax/duties evasion in a month.
In these cases, the audit observations of some 10 cases were issued while 9 contravention reports have been issued and the importers who brought loss to the national exchequer are directed to pay the short paid amount in ten days, sources added.
The companies who are found indulged in tax evasion include: M/s KICT, Karachi, M/s GM Cables and Pipes (Private) Limited, Lahore, M/s Premier Cable (Private) Limited, Karachi, M/s Royal Polytex Industries (Private) Limited, Peshawar, M/s Packages Limited, Lahore and M/s Newage Cables (Private) Limited, Lahore, M/s RK Enterprises, Karachi, M/s Sheikh and Co, Karachi, M/s Royal Marbles & Granite, Lahore, M/s Khair-Un-Nisa Marble Industry, Karachi, M/s SK Stones (Pvt) Ltd, Islamabad, M/s Chaudhry Traders, Lahore, M/s Progressive Marble Industry, Karachi, M/s Awal Telecom (Private) Limited, Islamabad, M/s Poly Tech International (Private) Limited, Lahore, M/s Universal Cables Industries Limited., Karachi,
It is mentioned here that Federal Board of Revenue had posted Gul Rehman as Director PCA-Karachi in January 2015 and the officer broke all the records as cases of tax evasion was detected billions of rupees cases of tax evasion.
