KARACHI: The Directorate General, Post Clearance Audit PCA, Directorate Karachi has detected tax evasion of at least Rs 849,099 by M/s Abdullah Impex by availing undue benefits of SRO 659(I)/2007 on import of uncoated polyester film (milky white). An audit observation has also been issued to the importer.
According to details, during the audit of import clearances made under different concessionary SROs, it has been found that M/s. Abdullah Impex, imported consignment of uncoated polyester film (milky white) and availed benefit of SRO 659(I)/2007 dated 30.08.2007, whereas the goods are correctly classifiable under PCT Heading 3920.6200 on which concessionary rate of duty/taxes is not available.
In identical imports made by the other importers, assessing group has categorically rejected the declared PCT heading i.e. (3920.6310) as well as claim of concessionary rate of customs duty @ 5% under SRO 659(I)/2007 dated 30.08.2007, on the ground that the imported items i.e. uncoated polyester film (milky white) is correctly classifiable under PCT 3920.6200 chargeable to Customs Duty @ 20% Sales Tax @ 17% and WHT @ 6 %.
It is, therefore, clear that M/s. Abdullah Impex, Karachi with active involvement of their Clearing agent M/s Junaid Enterprises has willfully and knowingly misdeclared the imported goods under PCT heading 3920.6310 in order to avail the concessionary rate of duty duties/taxes. Therefore, M/s. Abdullah Impex, Karachi is directed to pay the evaded duties/taxes at the earliest.
