KARACHI: The Directorate of Customs Post Clearance Audit (PCA), showing excellent performance in January, detected 12 new cases of tax evasion.
Talking to Customs Today, Directorate of Customs Post Clearance Audit (PCA) has detected duty and tax evasion of Rs 9.67 million allegedly by M/s Allia Traders Karachi, it is learnt.
Official sources told that M/s Allia Traders Karachi imported a consignment of medical operation accessories under the PCT Heading 2408.2489 and got it cleared from the Port Qasim Karachi vide GDs on December 2, 2017 by paying customs duty at 8 percent after claiming a benefit of SRO 558/2007. The consignment was cleared through Examiner Munawwar Ali.
However, the subject item is correctly classifiable under the PCT 2408.2458, attracting customs duty at 12 percent and income tax at 15 percent. So through mis-declaration of classification, M/s Allia Traders Karachi evaded to pay Rs9.67 million.
Sources told that the importer has violated the provisions of Section 48 (8) & (3B) of the Customs Act-1969, Section 7, 9 read with Section 62 of the Sales Tax Act-1990 and Section 150 of Income Tax Ordinance 2001 punishable under clauses (5) and 50 of Section 159(7) of the Customs Act-1969, Section 37 (5) of the Sales Tax Act-1990 and Section 142 of Income Tax Ordinance 2001 and Section 8-A of the Sales Tax Act-1990 read with chapter X of the Sales Tax Special Procedure Rules 2007 (Special procedures for payment of Sales Tax by the importers) and under relevant provisions of the Income Tax Ordinance 2001.
