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Home Karachi

Declining stamp duty revenue brings NAB into action

bySyed Muhammad Aslam
20/10/2014
in Karachi, Latest News
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KARACHI: The National Accountability Bureau Sindh has asked the Customs authorities to provide information about staffers of the Board of Revenue at Customs House Karachi, Stamp Duty and other branches.

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A letter written by NAB Sindh to the Appraisement-East read that the bureau was conducting an inquiry against staffers of the FBR at Custom House Karachi. NAB asked the collector to provide information about a number of issues, including the mode of collection of customs duty on physical goods declaration (GD) as well as paperless declarations and the total number of physical GDs cleared from January 2011 to May 2014 month wise.

NAB has also asked to provide the names of the officers remained posted as in-charges of the wing responsible to clear the GDs.

NAB is interested in knowing about the measures taken by the Customs authorities to stop the evasion of stamp duty on GDs as provided in Section 33(1) of Stamp Duty Act 1899.

Meanwhile, information available shows that during January 2011 to May 2014 a total of 760,184 GDs were cleared by the Appraisement-East of which 740,150 were paperless GDs and the remaining 20,034 were physical GDs cleared manually through One Customs.

Of the total 740,150 paperless GDs 387,457 were import GDs cleared through WeBOC (Web Based Online Clearance), 157,637 export GDs and the remaining 195,056 import GDs were cleared through the defunct PaCCS system.

 

 

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