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

PCA detects tax evasion of Rs 300 million allegedly by Mobilink

byAftab Channa
18/04/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Post Clearance Audit has detected short-payment/evasion of around Rs 300 million by M/s Pakistan Mobile Communication Limited (Mobilink). In this regard, the PCA has also served a contravention report on the importer.

According to details, during the scrutiny of import data of ‘Lead Acid VRLA Batteries for Telephone Exchanges’ falling under PCT heading 8507.2010, it been observed that certain Mobile Communication Companies have imported multi purpose batteries, evidently not for the use in telephone exchanges under this PCT Heading, while such batteries are correctly classifiable under PCT heading 8507.2090 chargeable to CD at 20 percent.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

Thus by mis-declaring these multi-purpose batteries under PCT heading 8507.2010 they have made a deliberate and willful attempt to evade duty/taxes.

M/s. Pakistan Mobile Company, imported ‘cellular infrastructure equipment for telecom sector consisting of VRLA Gel Battery (12V)’, Rechargeable Battery (12V) and SBS EON 190 (12V) by misdeclaring them in the PCT heading 8507.2010.

Thus, by way of mis-declaration of classification, M/s Pakistan Mobile Company, with the active connivance of their Clearing Agents M/s Saspak Cargo (Private) Limited and M/s Eastern Freighters has evaded/short paid around Rs 300 million.

Therefore, M/s Pakistan Mobile Company has been advised to pay the short-paid duties/taxes at the earliest.

 

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

Collector Zulfiqar Younis reshuffles officials at LFU Wagah 

  • 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.