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Home Breaking News

PCA detects 36 cases of tax evasion and mis-declaration involving Rs 210.377m during May

byWaqar Ahmed Ansari
01/06/2017
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Directorate of Post Clearance Audit (PCA) has made remarkable performance during the month of May 2017 and detected 36 cases involving revenue of Rs 210.377 million.

Sources told Customs Today that Post Clearance Audit headed by Director Gul Rehman detected cases pertaining to short payment of customs duty and sales tax/WHT because of inadmissible concessions, short payment of anti-dumping duty, additional sales tax, FED and income tax.

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The Directorate served 12 contravention reports and 27 audit observations during May 2017 involving total of duty and taxes of Rs 210.3 million. The companies served audit observations or contravention reports include Bulk Containers in PICT, M/s Nestle Pakistan Limited, M/s MN Enterprises, M/s Colgate Palmolive, M/s Yousuf Enterprises, M/s G and K enterprises, M/s Malik Corporation, M/s Horizon International, M/s GM Enterprises, and others.

The Directorate General of Post Clearance Audit (PCA) has unearthed tax evasion of Rs270 million by importers in April 2017. Sources at the PCA told that on the instructions of Director PCA Gul Rehman, Deputy Director Sajid Ali Baloch and other officials of PCA scrutinized 572 import consignments data and found that the importers used wrong and/or false PCT Headings to get their consignments cleared in April 2017.

Directorate General of Post Clearance Audit (PCA) Gul Rehman said it is necessary to mention here that PCA authorities expedited their efforts to recover outstanding amount from defaulters.

It is necessary to mention here that Post Clearance Audit expedited its efforts to detect cases involving tax evasion and mis-declaration as current fiscal year is going to expire soon.

 

 

 

 

 

 

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