KARACHI: The Directorate of Customs Post Clearance Audit has detected tax evasion of duties and taxes of Rs 8.56 million by M/s Aslam Medical Accessories, it is learnt here.
Sources told Customs Today that M/s Aslam Medical Accessories imported a consignment of various kinds of medical items and got it cleared from the Pakistan International Container Terminal Karachi vide GDs on September 7, 2017 by paying the customs duty at 10 percent after claiming the benefits of the SRO 568/2007.
However the subject items are correctly classifiable under the PCT 2804.2547 attracting customs duty at 12 percent and income tax at 10 percent, thus, by way of ms-declaration of classification, the company evaded/short-paid Rs 8.56 million. The goods were cleared by Head Examiner Shahid Mian.
Sources said the importer violated the provisions of Section 56 (4) of the Customs Act-1969, Section 11 & 16 read with Section 58 of the Sales Tax Act-1990 and Section 148 of Income Tax Ordinance 2001 punishable under clauses (258) and 185 of Section 148(1) of the Customs Act-1969, Section 25 of the Sales Tax Act-1990 and Section 58 of Income Tax Ordinance 2001 and Section 4-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 here that on Monday Directorate of Customs Post Clearance Audit (PCA) has detected duties and tax evasion of Rs 11.55 million by M/s Reliance garments Hyderabad.
