KARACHI: In response to the audit observation served by the Post Clearance Audit (PCA), Karachi Directorate, M/s Bin Qasim Packages has deposited Rs 433,380 short-paid taxes in the national kitty.
According to sources, during the scrutiny of import data of coated calcium carbonate (PCT heading 3824.9094 and 3824.9099), it was observed that certain grades of coated/treated calcium carbonate (in granular form consisting essentially of calcium carbonate dispersed in polyethylene plastic medium having percentage of calcium carbonate 80% and plastic medium 20%) falling under PCT heading 3824.9099 chargeable to CD @ 10 %, have been cleared by the importers by mis-declaring it under PCT heading 3824.9094 chargeable to CD @ 5% to evade duty/taxes.
Accordingly, this directorate issued audit observations to 14 importers including M/s. Bin Qasim Packages (Pvt) Ltd, Karachi. The importer in response to the audit observation has deposited the amount of duty/taxes mentioned therein. The PCA directorate has informed the customs collectorate appraisement East for further action.
