KUALA LUMPUR: The Customs Department has failed to collect duties amounting to RM12.65 million from the Malaysian Association of Malay Vehicle Importers and Traders (Pekema).
According to the Auditor-General’s Report 2014 Series Three, Pekema did not apply to extend the vehicle storage period in their licensed warehouses for over 36 months without paying taxes.
It said until end of 2014, duties estimated at RM12.65 million were supposed to be recovered from Pekema’s licensed warehouses for not applying to extend the storage period.
“Control over the vehicle stock in the licensed warehouses is not that effective because the Customs department did not ensure that the licence holders apply for the vehicle storage extension,” the report said.
Hence, the department has issued lot numbers on the vehicle stocks in the licensed warehouses, issued letters to the licensed holders to ensure that the stock statements were prepared in accordance with the format prescribed, and imposed compounds on errant licensees.
