Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

PCA unearths another tax scam of Rs 3.09m by M/s Rising Sun Construction Company

byM. Faizan
21/03/2017
in Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Directorate General Post Clearance Audit (PCA) has unearthed one more mega tax evasion by M/s Rising Sun Construction Company, 35-Model Town Lahore, on the charges of fraud, smuggling and mis declaration and seized two more used prime movers worth Rs 3.039 million.

According to the details, Directorate Post Clearance Audit has launched FIR against the company proprietor Ali Imran Saleemi and his two partners Ali Rizwan Saleemi and Ali Nauman Saleemi, and clearing agent Rana Brothers, Bibi Pak Daman Lahore, on the request of Appraising Officer Azeem Manzoor, under the section 2(s), 16, 32 and 79 0f the Customs Act, 1969 and section 3(1), and (3) of the Import and Export Control Act,1950, punishable under clauses 8, 14, 77, 82,89 of section 156 (1) of the Customs Act,1969.

You might also like

Pakistan successfully launches marine bunkering operations at Gwadar with first-ever refuelling

13/07/2026

Productivity, lower costs hold key to Pakistan’s export surge: FCCI President

13/07/2026

The case has been forwarded to the court of Special Judge Customs Court for legal proceedings.  According to FIR during the course of audit and investigation by the DG PCA Islamabad, against certain importers claiming to be construction companies and importing used specialized vehicles, particularly prime movers, circumventing and flouting the conditions as envisaged in the import Policy Order 2012-15.

It revealed that M/s Raising Sun and Rana Brothers clearing agent involved in mis declaration and fraud and were able to get release of two prime movers, without meeting and fulfilling the mandatory conditions and in breach of prohibitions and restrictions which was in force, including the restriction of import of used prime movers of only 380 HP or above engine capacity.

The importer knowingly and fraudulently got these used prime movers released cleared by submitting dubious, fake, forged and questionable documents for the construction projects in hand.

Related Stories

Pakistan successfully launches marine bunkering operations at Gwadar with first-ever refuelling

byCT Report
13/07/2026

GWADAR: Pakistan has successfully conducted its first-ever marine bunkering operation at Gwadar Port, enabling the country to offer marine fuel...

Productivity, lower costs hold key to Pakistan’s export surge: FCCI President

byCT Report
13/07/2026

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) President Farooq Yousaf Sheikh said that business community had the potential to...

‘Pakistan’s seafood export hits record $ 568 million’

byCT Report
13/07/2026

ISLAMABAD: The Federal Minister for Maritime Affairs in Pakistan, Muhammad Junaid Anwar Chaudhry, has said that Pakistan’s seafood exports reached...

Lahore ATIR rules Super Tax can be adjusted against income tax refunds

byCT Report
13/07/2026

LAHORE: The Appellate Tribunal Inland Revenue (ATIR), Lahore, has ruled that super tax payable under Section 4C of the Income...

Next Post

PRA summons DJ Butt in Rs19.911m tax evasion case

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.