KARACHI: The Directorate of Post Clearance Audit (PCA) has detected tax and duty evasion of Rs 212 million allegedly by M/s Sameer International on import of condensers and circuit breakers etc.
Sources told Customs Today that during scrutiny of the import data, it was found that M/s Sameer International, Karachi, imported consignment of condensers and circuit breakers under PCT heading 9765.8902 and cleared the same from Customs Appraisement West claiming the benefits of 7th Schedule CD Part I-28, 6TH Schedule Sales Tax-22.4-28/06/20 and Income Tax 0% CL95 PT-IV 4th Schedule ITO-12.
It appears from the examination report that the imported items are for general use as these are operative / works under alternating current of voltage ranges 260 volts which is the normal thermal / hydel power sources normally produced and used in Pakistan National Grid.
Therefore importer M/s Sameer International, Karachi was required to pay evaded levy of Rs 212 million. Accordingly, an audit observation was issued to M/s Sameer International, Karachi, for explaining and clarifying as to on what basis concessions were availed by them as the items imported by them are not covered by descriptions, definition and due to technical reasons as mentioned above that the goods are not usable for the promotion of the renewable technologies under the claimed notifications.
Source said Directorate of Post Clearance Audit (PCA) Karachi has sent a controversial report about Sameer International to concern department.
