KARACHI: The Directorate General of Post Clearance Audit (PCA) has served a contravention report upon M/s Asra Enterprises for evading duty/taxes amounting to Rs 470,320 on import of highlighters and also forwarded to the Customs Adjudication, it is learnt.
Sources told Customs Today that M/s Asra Enterprises imported six consignments consisting of highlighters under PCT Heading 9608.2000 and claimed incorrect/inadmissible exemption of serial no 30 of SRO 501(I)/2013.
Thus by way of mis-declaration of classification, M/s Asra Enterprises evaded/short paid duty/taxes to the tune of Rs 470,320 and violated the provision of Section 32(1)(2)&(3A) of the Customs Act, 1969, Section 3, 6 & 7 read with Section 34 of the Sales Tax Act, 1990 and Section 148 of Income Tax Ordinance 2001 punishable under clauses (1), and 14 of Section 156(1) of the Customs Act, 1969, Section 33(5) of the Sales Tax Act, 1990 and Section 148 and 182 of Income Tax Ordinance 2001 and Section 7A 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 Income Tax Ordinance 2001, they revealed
Accordingly, an audit observation was issued to M/s Asra Enterprises for explaining and clarifying as to on what basis it has avoided/evaded the leviable taxes, they said, adding the the importer, however, failed to come up with any tangible evidence and explanation and was also unable to refute the charges levelled by the department.
Therefore, the PCA has forwarded a contravention report to the Customs Adjudication for further proceedings in the case.
