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Home Karachi

PCA detects Rs30m tax evasion

byCT Report
20/11/2017
in Karachi
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KARACHI: The Directorate of Post Clearance Audit (PCA) has detected tax evasion worth Rs30 million by a number of importers who evaded the recently imposed regulatory duty on consignments mostly cleared from the green channel.

The government vide SRO 1035(1)12017 imposed regulatory duty on 731 items with effect from October 17, 2017.

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PCA Director Nadeem Memon formed a team, comprising Additional Director Naeem Akhtar, Deputy Directors Rana Aftab and Mehwish Shah, to investigate the expected tax evasion. The team retrieved large number of case of non-imposition/non-payment of RD on items cleared from MCC Appraisement (West), MCC Port Muhammad Bin Qasim and MCC Appraisement (East), Karachi.

These goods declarations were then further scrutinised which had been cleared through Customs Computerized Clearance System WEBOC, resulting into identification of thirty-five consignments which had been out of charged by Customs without payment of regulatory duty amounting to over Rs30 million.

Audit Observations in all the identified cases have been issued by the Directorate of Post Clearance Audit, Karachi. The traders in a number of cases also deposited the amount of RD evaded by them while in other cases the traders have agreed to pay the amount.

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