KARACHI: The Post Clearance Audit (PCA) has detected duty/taxes evasion by M/s Al Hafeez Electronics Karachi to the tune of Rs 21 million on import of LED lights by claiming inadmissible benefits of Fifth Schedule.
In this regard, the PCA has served an audit observation on M/s Al-Hafeez Electronics Karachi.
According to the sources, the PCA while on scrutiny of import data found that the company imported LED lights, LED lights with fitting and fixtures made of aluminium, glass, stainless steel, plastic, brass and Led bulb etc., which are without converter/driver of the corresponding quantity of LED lights, through Model Customs Collectorate Appraisement-West and claimed the benefits of Fifth Schedule. However the exemptions are only available to SMD, LEDs with or without ballast with fittings and fixtures for promotion of the renewable energy technologies.
There is undeniable proof that the imported lights and fixtures are not for solar use with the renewable energy sources like solar energy or wind energy. Therefore, these imports are not covered under the claimed notifications.
And hence, the importer M/s Al-Hafeez Electronics Traders, Karachi has been instructed to pay the evaded amount at the earliest.
