Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Customs unearths duty, tax evasion by M/s CMPA LDI Pvt Ltd

byM Hayat
12/10/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Customs Post Clarence Audit (PCA) has unearthed duty and tax evasion by M/s CMPA LDI Pvt Ltd by way of misclassification of servers from telecommunication use as servers for computers.

The PCA has informed the importer of the clearance data effected from Customs Collectorate, Islamabad during January 2012 onward has revealed that the importer got clearance imported server for telecommunication use by misclassifying under PCT heading 8471.5000 as server for computers, paying CD @ 0 percent, one percent and two percent instead of classifying under correct PCT heading 8517-6290 (other machines for the transmission or reception of voice, images or other data, including switching and routing apparatus) attracting CD @ 20 percent.

You might also like

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

09/06/2026

FBR revises customs values for imported ammunition vide VR No2087/2026

09/06/2026

It was said that the company deposited short payment worth Rs1.518 million (Customs Duty Rs1.199 million, sales tax Rs203,897, additional sales tax Rs35982 and income tax Rs 79,160) as detailed in annexure A. The PCA has asked the company to pay the evaded amount of duty and taxes.

The PCA said that in case the company does not agree with the audit observation, the company has to provide a written clarification along with the supporting documents as well as all related import documents including copies of goods and declaration, commercial / pro forma invoices, L/Cs packing lists, contracts, purchase orders, catalogue/ literature.

The PCA also told the company representatives may appear in person or through accredited representatives to rebut the audit observation in the chamber of deputy director at the customs Houses.

It was intimated that if no one appears or no reply is received it shall be deemed that the part has nothing to offer in rebuttal of the observation and case shall be dealt as per law on the basis of facts available on record.

 

Related Stories

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

byCT Report
09/06/2026

GWADAR: Cross-border trade between Pakistan and Iran through the Gabd-Rimdan crossing has stopped, leaving hundreds of LPG vehicles stranded and...

FBR revises customs values for imported ammunition vide VR No2087/2026

byCT Report
09/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

byCT Report
09/06/2026

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Punjab sets outline of Rs5.13 trillion budget for FY 2026-27

byCT Report
09/06/2026

LAHORE: The Punjab government has finalized the broad contours of its budget for the fiscal year 2026–27, with the total...

Next Post

SHC seeks comments on petition filed by Pakistan Kiryana Merchants Association, others

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.