KARACHI: Model Customs Collectorate (MCC) Appraisement (West) Post Release Verification (PRV) Cell’s effective scrutiny over import data has decreased the rate of tax evasion cases that causing decline in revenue recovery, is positive sign.
This was disclosed by head of PRV Cell while talking to Customs Today. He said that PRV Cell collected almost Rs 20millions revenue during last several months by issuing demand notices to the defaulters for recovering the evaded amount.
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He further said that PRV was detecting most of the tax evasion/recovery cases through scrutinizing import data in which importers implement improper valuation rulings while clearing their consignments through green channel.
“The PRV Cell while following the directives of Collector-MCC Appraisement (West) is working for detecting and scrutinizing post clearance import data for last three years and recovered billions of rupees during the said tenure”, he added.
He further added, now the revenue recovery has been declining a bid, as the importers/clearing agents are well aware by the fact that the PRV Cell is looking the affairs with quite competent way.
Responding to a query, he asserted that the revenue recovery of PRV Cell would less than Rs20million at the end of this current month i.e. March, as the importers are screwed up by the customs.
