KARACHI: The Pakistan Customs’ Directorate of Post Clearance Audit (PCA) has detected some Rs 83.9 million evasion of sales tax on import of silos classifiable under PCT 9406.0030, it is learnt.
Sources told Customs Today that during scrutiny of import data pertaining to silos, it has been found that importers availed concession of 8th (sales tax) dated 25.6.2014 and paid reduced rates of sales tax at 5 percent on the import of grain storage silos with all standard accessories classifiable under PCT 9406.0030.
“Since the imported silos are for storage purpose and do not qualify the definition of machinery and equipment, therefore, the benefits of reduced rate of sales tax is not admissible in these cases and are chargeable to sales tax at 17 percent,” sources added.
Meanwhile, the Directorate of PCA has issued 17 audit observations involving evasion of sales tax of Rs 83.9 million, the sources informed this scribe.
The sources further disclosed that these silos were imported from different countries, including Turkey, China and the United States.
They said that the Directorate of PCA had forwarded the contravention report to the respective collectorates and the Customs Adjudication for initiating adjudication proceedings and recovery thereof.
