LAHORE: The Customs Appraisement has registered four cases amounting to Rs 581 million against M/s Pak Telecoms Mobiles Limited involving Rs 189.898 million duty and tax evasion.
Official sources told Customs Today that information was received that M/s Pak Telecom Mobile, a telecommunication service provider in collusion with their clearing agent, has allegedly evaded a huge amount of customs duty and other taxes on import and clearance of telecommunication infrastructure equipment in the grab of networking equipment. The equipment include LAN bridges, hubs, switches and repeaters through mis-declartion of PCT as 8517.6970 attracting 1 percent customs duty against the actual PCT 8517. 6290 chargable to customs duty at the rate of 20 percent.
The sources said it has been discovered that the company has evaded huge amount of duty, taxes on account of mis-declaration against the imported equipment.
It was added that the customs authorities registered four cases against the company valuing Rs 581 involving duty and taxes of Rs 189.898 million.
The cases were registered by customs appraisement and was investigated under the supervision of Ms. Zainab Mehmood, assistant director on the directives of director Imran Saud Ahmad and is sent to adjudication authorities for further proceedings.
