KARACHI: Customs Directorate General of Internal Audit in its recent move has detected audit observations worth Rs 800 million in share of short revenue recovery in term of duty/taxes on import of miscellaneous items and Rs 300 million in terms of short levy reported in connection with Income Tax and Federal Excise Duty (FED) on import of Bulk Oil.
The sources informed Customs Today that the authorities concerned of Internal Audit-Customs have found those irregularities in term of short revenue in share of duty/taxes in the clearance data related to the Model Customs Collector-MCC of Port Muhammad Bin Qasim.
The sources further said that the Directorate General of Internal Audit-Customs after getting the approval from DG Internal Audit Rubina Wasti has sent those audit observations to the authorities concerned of MCC-Port Muhammad Bin Qasim for settlement and taking further action in this regard.
The sources further said that the Internal Audit-Customs has already sent several audit observations in connection with the different imported items including steel billets, anti-dumping, fabric and telecommunication equipments costing billions of rupees revenue involved to the authorities concerned of MCC-Port Muhammad Bin Qasim. However; the authorities have not yet replied against those audit paras sent by the Internal Audit-Customs.
When contacted, the authorities concerned of MCC-Port Muhammad Bin Qasim said that the audit observations sent by the Internal Audit-Customs were not realistic and having no ground reality.
It is pertinent to mention here that the authorities concerned of MCC-Appraisement (West) and MCC-Appraisement (East) have also not yet replied to the audit paras sent by the Internal Audit-Customs in a befitting manner.
