KARACHI: Directorate of Post Clearance Audit (PCA) served 283 Contravention Reports (CRs) on 14 importers of information technology (IT) and computer equipment involving revenue evasion and money laundering worth Rs 1.354 billion.
Directorate of Post Clearance Audit (PCA) detected tax evasion, mis-declaration and money laundering on import of IT equipment and computer products. After forwarding CRs to Customs Adjudication, cases of money laundering are sent to Customs Intelligence and Investigation for further proceedings.
As many as 68 CRs were served on M/s Technosol Private Limited involving evasion of Rs427.13 million; 8 CRs on M/s Megaplus Pakistan Private Limited involving evasion of Rs347.64 million; 38 CRs on M/s POP Global Distribution involving evasion of Rs166.5 million and 39 CRs served on M/s Decent Computers involving evasion of Rs164.47 million.
The rest of CRs were served on M/s Unique Technologies, M/s Astron Tech Distributions, M/s Micro Innovations and Technologies, M/s The Explorer, M/s Creative Systems & Solutions, M/s Pako Computers, M/s Spectra Innovations Pakistan, M/s Viper Technology, M/s Jaffer Brothers and M/s Tech Traders.
Efficiently working on the directives of the Federal Board of Revenue (FBR), Director PCA Karachi Ashraf Ali launched hard-hitting drive to stop import and export related money laundering.
High profile officers at PCA including Additional Director Farrukh Sajjad, Deputy Director Shoaib Raza conducted a comprehensive audit of the imports of IT equipment and computer goods and detected several cases of tax evasion and mis-declaration. PCA Karachi has now started audit and scrutiny of imports from Air Freight Unit (AFU) to further tighten the noose around smugglers and money launderers.
