LAHORE: The Customs Post Clarence Audit (PCA) has detected duty and tax evasion by M/s CMPAK (Private) Limited by way of misclassification of telecommunication servers as computers servers.
The clearance data revealed the company allegedly cleared telecommunication servers by misclassifying under PCT heading 8471.5000 as servers for computers, paying customs duty @ 0 percent, one percent and two percent instead of classifying under correct PCT heading 8517-6290 attracting customs duty @ 20 percent.
It was said that the company deposited short payment of Rs 39,587,016 (customs duty Rs 32,617,249, sales tax Rs 3,936,512, additional sales tax Rs 978,517 and income tax Rs 2,054,737).
The PCA has asked the company to pay the evaded amount of duty and taxes.
The PCA said that in case the company does 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, L/Cs packing lists, contracts, purchase orders, catalogue/ literature.
The PCA also told the company representatives may appear in person or through accredited representatives to rebut the audit observation in the chamber of deputy director at the customs Houses.
It was intimated that if no one appears or no reply is received it shall be deemed that the part has nothing to offer in rebuttal of the observation and case shall be dealt as per law on the basis of facts available on record.
