PCA detects Rs845,002 taxes/duties evasion by Zong

KARACHI: The Customs’ Directorate of Post Clearance Audit-Karachi has detected Rs 845,002 evasion of taxes/duties by M/s CMPAK (Zong) by mis-declaration of goods.

According to details, the PCA-Karachi Directorate, during scrutiny of import data of CMPAK (Zong) T F Complex Mauve Area G-9/4 Islamabad, observed that they imported antenna RFS 15 GHZ single polar integrated antenna with standard accessories and cleared the same from MCC Appraisement East through their clearing agent M/s SASPAK Cargo Pvt Ltd by mis-declaring goods under PCT 8517.6990 attracting customs duty at 10 percent.

Whereas, the goods are correctly classifiable under PCT heading 8517.6290 chargeable to customs duty at 20 percent. Thus, M/s CMPAK (Zong) by mis-declaration of classification has evaded/short paid customs duty of Rs 667,459, sales tax Rs 113,468, additional sales tax 20,024 and income tax Rs 44,052.

Therefore, M/s CMPAK has been directed to pay the above mentioned short paid amount of duty/taxes within 10 days.