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Customs PCA detects Rs9.36m tax evasion by M/s BDM Medical Equipment

byWaqar Ahmed Ansari
21/05/2018
in Karachi, Latest News
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KARACHI: The Directorate of Customs Post Clearance Audit has detected duties and tax evasion of Rs 9.36 million by M/s BDM Medical Equipment, it is learnt here.

Sources told Customs Today that M/s BDM Medical Equipment imported consignment of different kinds of electronic wheel chairs, BP apparatus, sugar apparatus and other things got cleared from the PICT Karachi vide GDs on December 17, 2017 by paying customs duty very low at 9 percent after claiming the benefit of the SRO 572/2007.

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However, the subject items were correctly classifiable under the PCT 3657.2108  attracting customs duty at 12 percent and income tax at 10 percent, thus, by way of mis-declaration of classification, the company evaded/short-paid Rs 9.36 million. The goods were cleared by Appraiser Feroz Ali Khan.

Sources said that the importer violated the provisions of Section 34 (2,3-A) of the Customs Act-1969, Section 78 read with Section 27 of the Sales Tax Act-1990 and Section 69 of Income Tax Ordinance 2001 punishable under clauses (47) and 46 of Section 59(6) of the Customs Act-1969, Section 12 of the Sales Tax Act-1990 and Section 36 & 46 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 two more cases are pending belong to this company.

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