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Home Karachi

Customs audit points Rs295m discrepancies by PTCL

bySohail Rab
24/11/2014
in Karachi, Latest News, Slider News
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KARACHI: The Directorate General of Internal Audit-Customs has made another significant development and sent audit paras of around Rs295 million to the Collectorate of Rawalpindi, MCC- Appraisement (East) and MCC-Appraisement (West) in terms of short revenue collection from M/s Pakistan Telecommunication Company Limited (PTCL), it was learnt here on Saturday.

The highly-placed sources informed Customs Today that the authorities concerned of Internal Audit-Customs during scrutinizing the cleared consignments of  M/s PTCL through the Collectorate of Rawalpindi, MCC-Appraisement (East) and MCC-Appraisement (West) has found that the importer M/s PTCL has cleared telecommunication equipment including IPTV-STB boxes under PCT Heading 8517.6950 instead of PCT Heading 8528.7290 and evaded millions of rupees.

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Similarly, the efficient working of the authorities concerned of Internal Audit-Customs has also found that the importer PTCL has also cleared entire Base Station in the garb of setup boxes and also cleared top-box, android TVV boxes, smart TV box under PCT Heading 8517.6590 instead of PCT Heading 8528.7290 which gives colossal loss to the national exchequer. The sources further informed this scribe that the authorities concerned of Internal Audit-Customs are carrying out its working in order to detect evaded revenue in clearance of the import data of PTCL.

 

 

Tags: businessCollectorate of RawalpindiCustoms NewsFBRInternal Audit (Customs)M/s Pakistan Telecommunication Company Limited (PTCL)MCC-Appraisement (East) and MCC-Appraisement (West)

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