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Home Karachi

PCA Directorate detects Rs 340.934m tax evasion in March 2016‏

byAftab Channa
02/04/2016
in Karachi, Latest News
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KARACHI: The Customs Directorate of Post Clearance Audit-Karachi has detected evasion of taxes/duties to the tune of Rs 340.934 million in the month of March 2016.

According to sources, Directorate of PCA under the supervision of Director Gul Rehman had detected some 70 cases of tax/duties evasion in just one month.

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Amongst these cases, the audit observations and contravention reports have been issued and the importers, who brought loss to the national exchequer, are asked to pay the short paid amount, sources added.

“There are cases of short payment of custom duty, sales tax, additional sales tax and income tax, regulatory duty due to misuse of fifth schedule, sixth schedule and clause 77 part IV, second schedule of income tax for evasion of CD, RD, ST, Addl ST &IT, on import of tyre, tube with or without flaps etc.

In the month of December 2015, Directorate of PCA Karachi had detected some 61 cases of tax/duties evasion. In these cases, the audit observations of some 25 cases while contravention reports for 36 cases have been issued and the cases are in adjudication.

It is mentioned here that Federal Board of Revenue had posted Gul Rehman as Director PCA-Karachi in January 2015 and the officer broke all the records as cases of tax evasion was detected to the tune of Rs 1 billion in six months despite the fact that the directorate is facing serious issues like shortage of staff etc.

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