KARACHI: The Directorate of Customs Post Clearance Audit detected duties and tax evasion of Rs 8.23 million by M/s Noman Sanitary Karachi on Wednesday, it is learnt here.
Sources told Customs Today that M/s Noman Sanitary imported a consignment of sanitary items including, fancy tape, basins, fancy showers and pipes, tape handles and got it cleared from the PICT Karachi vide GDs on October 17, 2017 by paying customs duty at 8 percent after claiming the benefit of the SRO 558/2007.
However, the subject items were correctly classifiable under the PCT 3508.1479 attracting customs duty at 8 percent and income tax at 10 percent, thus, by way of mis-declaration of classification, the company evaded/short-paid Rs 8.23 million. The goods were cleared by Head Examiner Shafi Ullah Niazi.
Sources told that the importer violated the provisions of Section 42 (7) & (7A) of the Customs Act-1969, Section 21 read with Section 35 of the Sales Tax Act-1990 and Section 147 of Income Tax Ordinance 2001 punishable under clauses (224) and 147 of Section 141(3) of the Customs Act-1969, Section 83 of the Sales Tax Act-1990 and Section 89 & 147 of Income Tax Ordinance 2001 and Section 8-A of the Sales Tax Act-1990 read with chapter X of the Sales Tax Special Procedure Rules 2007 (special procedures for payment of sales tax by the importers) and under relevant provisions of Income Tax Ordinance 2001.
It is necessary to mention that Post Clearance Audit has detected seven more cases during the month of February, some cases are in under investigation.
