KARACHI: The Directorate Customs, Post Clearance Audit, has detected an evasion of duties and taxes of Rs9.58million committed by M/s Momal Medical Accessories, it is learnt.
Sources told Customs Today that M/s Momal Medical Accessories imported a consignment of different kinds of medical accessories including imported wheelchairs, and got them cleared from the PICT Karachi vide GDs on December 8, 2017 by paying customs duty at 10 percent after claiming the benefit of the SRO 569/2007.
However the subject items were correctly classifiable under the PCT 2415.2504 attracting customs duty at 12 percent and income tax at 10 percent, thus, by way of mis-declaration of classification, the company evaded/short-paid Rs9.58million. The goods were cleared through Head Examiner Zahid Wajid.
Sources told CT that the importer violated the provisions of Section 28 (4) & (9-A) of the Customs Act-1969, Section 37 read with Section 45 of the Sales Tax Act-1990 and Section 86 of Income Tax Ordinance-2001, punishable under clauses (14) and 125 of Section 354(6) of the Customs Act-1969, Section 69 of the Sales Tax Act-1990 and Section 69 & 254 of Income Tax Ordinance-2001 and Section 7-A of the Sales Tax Act-1990 read with chapter X of the Sales Tax Special Procedure Rules-2007 (Special procedures for payment of sales tax by the importers) and under relevant provisions of Income Tax Ordinance-2001.
It is pertinent to mention here that the Post Clearance Audit has unearthed a number of cases during the last month of February 2018.
