KARACHI: Directorate General of Post Clearance Audit (PCA) recovered Rs 1.5 million from Pakistan International Bulk Containers Terminal.
Sources told Customs Today that Director General Customs Post Clearance Audit Gul Rehman directed Deputy Director Iqbal Ahmed to scrutinize the clearance documents of Pakistan International Bulk Containers Terminal. During scrutiny of the documents, it was revealed that Pakistan International Bulk Containers imported a consignment of machinery and plants and availed unnecessary concession through SRO No. 1178(1)/2015.
Sources said that the company caused a loss of Rs 1.5 million to the national kitty. After detecting the tax evasion, the PCA authorities directed the management of Pakistan International Bulk Containers to clear the outstanding dues on priority basis to avoid stern action.
After receiving the notice M/s Pakistan International Bulk Containers Terminal deposited the evaded amount.
It is necessary to mention here that PCA authorities expedited their efforts to recover outstanding amount from defaulters.
