KARACHI: M/s Reckitt Benckiser Pakistan Limited, after the Post Clearance Audit Karachi Directorate detected evasion of duties and taxes, has paid the evaded amount to the Model Customs Collectorate Appraisement West.
The sources told Customs Today that Directorate of Post Clearance Audit, Karachi, detected tax evasion to the tune of some Rs 4.1 million by M/s Reckitt Benckiser Pakistan Limited by illegally availing benefits customs concessions on import of LED tube lights and LED bulb.
According to sources, the PCA Directorate Karachi, on scrutiny and audit of import data found that M/s Reckitt Benckiser Pakistan Limited had imported LED T8 tubelights, LED bulbs through Model Customs Collectorate Appraisement West. The importer claimed benefits of Fifth Schedule. However, the Federal Board of Revenue has clarified that benefits of Fifth Schedule is for renewable energy technologies for LEDs with or without ballast with fittings.
In this regard, according to sources, the importer M/s Reckitt Benckiser Pakistan Limited was directed to pay the short-paid taxes and duties at the earliest. And, the importer while agreeing with the findings of the PCA experts desposited the said amount through pay order to the MCC Appraisement West.
