KARACHI: Directorate of Post Clearance Audit (PCA) directed M/s Shabbir Traders to deposit short payment of Rs 4.7 million with penalty of Rs 0.84 million during 14 days.
Sources informed Customs Today that due scrutiny of import data it was revealed that M/s Shabbir Traders availed undue concessions and benefits by using SRO 442 and 551. They caused a loss of Rs 4.7 million to the national kitty.
After detection, PCA directed the management of M/s Shabbir Traders to deposit short payment of Rs 4.7 million along with fine of Rs 0.84 million in two weeks. PCA authorities further warned that if the company will not clear outstanding amount with fine, then stern action will be taken against the company.
