Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Karachi Customs PCA detects tax evasion of Rs 340m in February 2016

byAftab Channa
03/03/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Directorate of Post Clearance Audit has detected evasion of taxes/duties to the tune of Rs 340 million in February 2016

According to sources, Directorate of the PCA under the supervision of Director Gul Rehman detected 43 cases of tax/duties evasion in one month.

You might also like

FPCCI eyes $10 billion trade with Iran

12/05/2026

KP challenges exclusion of two hydropower projects from IGCEP 2025-35 in IHC

12/05/2026

Among the cases, the audit contravention report of 11 cases has been issued while audit observations of another 32 cases was also issued and the importers who brought loss to the national exchequer were asked to pay the short paid amount, sources added.

“There are cases of short mis-declaration of classification of coated calcium carbonate, misuse of sixth schedule, under valuation of tyres and tubes with or without flaps from India, non-application of valuation ruling, misuse of SRO 659(I)/2007, mis-declaration of classification of sulphur bentonite and misuse of SRO 549(I)/2008”.

The countries where the consignments were imported include China, Korea Republic, Vietnam, European Union, India, United Kingdom, United Arab Emirates, Oman, Turkey and Thailand.

In the month of January 2016, Directorate of PCA Karachi had detected some 48 cases of tax/duties evasion amounting to Rs 531.147 million. In these cases, the audit observations of some 22 cases while contravention reports for 26 cases have been issued and the cases are in adjudication.

It is mentioned here that Federal Board of Revenue had posted Gul Rehman as Director PCA-Karachi in January 2015 and the officer broke all the records as cases of tax evasion was detected to the tune of Rs 1 billion in six months despite the fact that the directorate is facing serious issues like shortage of staff etc.

Related Stories

FPCCI eyes $10 billion trade with Iran

byCT Report
12/05/2026

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed his objective...

KP challenges exclusion of two hydropower projects from IGCEP 2025-35 in IHC

byCT Report
12/05/2026

PESHAWAR: Pakhtunkhwa Energy Development Organisation (PEDO) has challenged the exclusion of two hydropower projects from the Indicative Generation Capacity Expansion...

FBR mulls amendments to Export Facilitation Scheme for govt’s refurbished vehicle import, re-export initiative

byCT Report
12/05/2026

LAHORE: The Federal Board of Revenue is preparing amendments to the Export Facilitation Scheme 2021 to support the government’s proposed...

FBR revises customs values for solar panels vide VR No.2077/2026

byCT Report
12/05/2026

KARACHI: Federal Board of Revenue on Tuesday issued fresh import values for solar panels for the assessment of customs duty...

Next Post

Customs Appellate Tribunal Bench-II adjourns hearing of tax matters until March 26

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.