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 Karachi

PCA detects tax evasion by Ericsson Pakistan

byAftab Channa
02/09/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Post Clearance Audit (PCA) has detected tax evasion of Rs 528,126 by M/s Ericsson Pakistan (Private) Limited on the import of multipurpose batteries and power backup equipment.

Sources said that the scrutiny of import data of telecom batteries use for telescope exchanges falling under PCT Heading 8507.2010, it has been observed that certain mobile communication companies imported multipurpose batteries and power backup equipment, evidently not for the use in telephone exchanges under this PCT heading, while such batteries are correctly classifiable under PCT Heading 8507.2090.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

Thus by mis-declaring these multipurpose batteries under PCT Heading 8507.2010, the importers made a deliberate and willful attempt to evade duty/taxes, the sources said, adding that M/s Ericsson Pakistan (Private) Limited also imported telecom batteries for use in telephone exchange by mis-declaring their classification.

In this way of mis-declaration of classification, M/s Ericsson Pakistan  with the active connivance of its clearing agent, M/s Saspak Cargo Pvt Ltd allegedly evaded/short paid Rs 528,128, they revealed.

The contravention report has been forwarded to the Customs Adjudication-I collector for initiating adjudication proceedings in the case.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

Dozens of inspectors reassigned duties at Customs House

  • 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.