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PCA detects tax evasion of Rs 102.5m during first 20 days of August

byWaqar Ahmed Ansari
23/08/2017
in Illustrations, Karachi, Latest News, Today's Cartoon
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KARACHI: The Directorate of Post Clearance Audit (PCA) has shown outstanding performance during the first 20 days of August 2017 and detected 11 cases involving a revenue of Rs 102.5 million.

Sources told Customs Today that Directorate of Post Clearance Audit headed by Director Nadeem Memon detected cases pertaining to short payment of customs duty and sales tax/ and withholding tax (WHT) because of inadmissible concessions, short payment of anti-dumping duty, additional sales tax, federal excise duty (FED) and income tax.

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The Directorate served three contravention reports and nine audit observations during first 20 days of August 2017 involving total duty and taxes of Rs102.5 million.

The companies served audit observations or contravention reports include bulk containers in PICT, M/s Suhana Marble and Export, M/s Sufyan Chemicles Industries and two other companies..

The Directorate General of Post Clearance Audit (PCA) has unearthed tax evasion of Rs112.2 million by different importers during July 2017.

Sources of Post Clearance Audit told that on the instructions of Director PCA Nadeem Memon, Deputy Director Sajid Ali Baloch and other officials of PCA scrutinized 213 import consignments data and found that the importers used wrong and/or false PCT Headings to get their consignments cleared in July 2017.

Directorate General of Post Clearance Audit (PCA) Nadeem Memon directed all relevant officials and teams to expedite their efforts to recover outstanding amount from defaulters.

It is necessary to mention here that Post Clearance Audit is using all available resources to detect cases involving tax evasion and mis-declaration.

 

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