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Customs Audit unveils another Rs 50m alleged irregularities by telecom companies

bySohail Rab
22/12/2014
in Karachi, Latest News
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KARACHI: The Directorate General of Internal Audit-Customs has further established Rs50million audit paras in telecommunication sector against the prominent telecommunication companies i.e. M/s Mobilink (Pakistan Telecommunication), M/s Zong and M/s Telenor and sent those to the field formation Collectorates including MCC-Lahore, MCC-Rawalpindi, MCC-Appraisement (East), MCC-Appraisement (West) and MCC-Port Muhammad Bin Qasim for further proceedings.

The Directorate General of Internal Audit-Customs has already pointed out around Rs600million revenue shortfall against M/s Mobilink (Pakistan Telecommunication), M/s Zong, M/s Telenor and M/s Pakistan Telecommunication Company Limited (PTCL) in clearance of their telecommunication equipment during the period July, 2014 to December, 2014 by violating SRO575 and established audit-paras in this regard.

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The sources informed Customs Today that the authorities concerned of Internal Audit-Customs have sent those audit paras to the relevant Collectorates of field formation for recovering of the outstanding duty and taxes amount. The sources further disclosed that the relevant Collectorates have agreed upon the recoverable amount, which has been made Rs650 million altogether, which had been sent by the Internal Audit-Customs through audit-paras. They further said that the Internal Audit-Customs has continued to scrutinize the clearance data of the telecommunication companies and hinted that around Rs1000 million total audit paras may be established against the telecommunication companies by the end of this year-2014.

To a query, the sources disclosed that the clearance data of telecommunication companies including M/s Wateen Telecom (Warid Telecom and M/s U-Fone Limited were in distorted manner, but the Internal Audit-Customs would scrutinize the clearance data of those telecommunication companies and send audit paras to them also.

It is pertinent to mention here that the authorities concerned of Internal Audit-Customs have started to scrutinize the clearance data of telecommunication companies after the elimination of SRO575 in the last budget2014-15 as per 5th schedule list.

 

Tags: Customs Audit unveils Rs50m further irregularities against telecommunication CosDirectorate General of Internal Audit-Customs has further established Rs50million audit paras in telecommunication sector against the prominent telecommunication companies i.e. M/s Mobilink (Pakistan M/s Zong and M/s Telenor and sent those to the field formation Collectorates including MCC-LahoreMCC Appraisement EastMCC-Appraisement (West) and MCC-Port Muhammad Bin Qasim for further proceedings.MCC-Rawalpindi

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