KARACHI: Professional and expeditious verification of Audit Observations is the top priority, Director Directorate of the Post Clearance Audit (PCA) Gul Rehman has said.
Talking to Customs Today, Gul Rehman, who assumed the charge on the 11th of this month, explained that an audit observation picked by the risk management module and sent to PCA Directorate, Karachi, has to be verified for any contravention of SRO, an IPO, PCT and Valuation. “The process also involves checking that the due custom duty, sales tax, withholding tax and federal excise duty were paid. Any violation of import restriction and anti-dumping rules are also to be checked,” he added.
“For instance, if on checking it is find out an importer claimed zero rated benefit in Sales Tax despite being not being registered as manufacturer with the FBR he is directed to pay the applicable Sales Tax within 10 days or given 10 days to present his case if he feels that the amount is incorrect, erroneously calculated or has already been paid. He has to submit relevant documents to support his contention,” he said.
“The Audit Observation, selected by the PCA Headquarters at Islamabad, provides details including description of the import consignments already released along with the H.S. Code and the PCT heading along with the specific reasons pinpointed by the Risk Management module. Audit Observations are selected by the automated system as per a set criteria and forwarded to the Directorate PCA at Karachi or Lahore as the case may be,” he held.
