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Home Breaking News

Customs Adjudication-I to issue ONO against PTCL for alleged tax evasion

bySohail Rab
05/01/2015
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Collectorate of Customs Adjudication-I has decided to issue Order-in-Original (ONO) against Pakistan Telecommunication Company Limited (PTCL) for its alleged involvement in millions of rupees tax evasion through misdeclaration in import of telecommunication equipment, it is learnt.

The sources informed Customs Today that Customs Adjudication-I Collector Dr Farid Iqbal Qureshi, after listening to the viewpoints and para-wise comments from the respondent MCC-Appraisement-West and petitioner PTCL, had reserved the decision.

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The sources also said that the collector will issue ONO against the PTCL before January 15.

The PTCL has already submitted a 100-page reply in the office of the collector.

Two ONOs have already been issued against the PTCL in its alleged involvement in tax evasion through import of telecommunication equipments by taking undue advantage of SRO-575.

The first ONO against PTCL was issued in the start of 2014 by Customs Adjudication-I Collector Shahinshah Hasnain while the second ONO was issued in the middle of 2014 by Customs Adjudication-II Collector Dr Ahmed Mujtaba Memon.

Two cases were lodged by the Directorate General of Customs Intelligence and Investigation-FBR Karachi, MCC Appraisement-East and the third one was registered by the MCC Appraisement-West, which is recently in the Collectorate of Customs Adjudication-I.

The Pakistan Customs has already recovered millions of rupees from the PTCL.

 

Tags: Collectorate of Customs Adjudication-I to issue ONO against PTCL by 15thCustoms has already recovered millions of rupees from the PTCL.MCC-Appraisement-West and petitioner PTCL had reserved the decision.PTCL was issued in the start of 2014 by Customs Adjudication-I Collector Shahinshah Hasnain while the second ONO was issued in the middle of 2014 by C

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