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Home Lahore

Wi-Tribe served notice for duty, tax evasion on import of servers

byM Hayat
08/08/2016
in Lahore, Latest News
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LAHORE: The Directorate of Post Clarence Audit (PCA) has detected duty and tax evasion allegedly by M/s Wi-Tribe Pakistan Limited by way of mis-classification of servers for telecommunication use as servers for computers.

Sources told Customs Today that during scrutiny of import data it was revealed that the company got clearance of imported server for telecommunication use by mis-classifying under PCT heading 8471.5000 as server for computers, paying customs duty at the rate of one percent and two percent instead of classifying under correct PCT heading 8517-6290 (other machines for the transmission or reception of voice, images  or other data, including switching and routing apparatus) attracting customs duty at the rate off 20 percent.

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It was informed that therefore the company has deposited short payment of Rs 49,479 customs duty Rs.918,369, sales tax Rs. 46, 942. Additional sales tax Rs 924 and income tax Rs 2,356.

The PCA has asked the company to pay the evaded amount of duty and taxes within 0 days of receipt of the letter.

The PCA said that that in case the company don not agree with the audit observation, the company has to provide a written clarification along with the supporting documents as well as all related import documents including copies of goods and declaration, commercial / pro forma invoices, LCs packing its, contracts, purchase orders, literature on or before the date of hearing.

The PCA also told the company representatives may appear in person or through accredited representatives to rebut the audit observation.

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