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 by Ericsson Pakistan

byAftab Channa
02/09/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Post Clearance Audit (PCA) has detected tax evasion of Rs 528,126 by M/s Ericsson Pakistan (Private) Limited on the import of multipurpose batteries and power backup equipment.

Sources said that the scrutiny of import data of telecom batteries use for telescope exchanges falling under PCT Heading 8507.2010, it has been observed that certain mobile communication companies imported multipurpose batteries and power backup equipment, evidently not for the use in telephone exchanges under this PCT heading, while such batteries are correctly classifiable under PCT Heading 8507.2090.

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 multipurpose batteries under PCT Heading 8507.2010, the importers made a deliberate and willful attempt to evade duty/taxes, the sources said, adding that M/s Ericsson Pakistan (Private) Limited also imported telecom batteries for use in telephone exchange by mis-declaring their classification.

In this way of mis-declaration of classification, M/s Ericsson Pakistan  with the active connivance of its clearing agent, M/s Saspak Cargo Pvt Ltd allegedly evaded/short paid Rs 528,128, they revealed.

The contravention report has been forwarded to the Customs Adjudication-I collector for initiating adjudication proceedings in the case.

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

Dozens of inspectors reassigned duties at Customs House

  • 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.