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 Lahore

PCA unearths mega duty, tax evasion by Zhong Xing Telecom Pakistan

byM Hayat
16/09/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Directorate of Post Clarence Audit (PCA) unearthed duty and tax evasion by M/s Zhong Xing Telecom Pakistan (PVT) Ltd Lahore by way of mis-classification of servers from telecommunication use as servers for computers.

The PCA has informed the importer of the clearance data effected from Customs Collectorate Karachi during January 2012 onward has revealed that the importer got clearance imported server for telecommunication use by mis-classifying under PCT heading 8471.5000 as server for computers, paying customs duty @ 0 percent, one percent and two percent instead of classifying under correct PCT heading 8517-6290 (other machines for the transmission or reception of voice, images or other data, including switching and routing apparatus) attracting customs duty @ 20 percent.

You might also like

Tahir Ayub demands investment-friendly environment

11/07/2026

Identity theft victim wins tax relief from FTO

11/07/2026

It was said that the company deposited short payment worth Rs 118, 085 (customs duty Rs 93,604, sales tax Rs 15,913, additional sales tax Rs 2,808 and income tax Rs 5,760). The PCA has asked the company to pay the evaded amount of duty and taxes.

The PCA said that in case the company does not agree with the audit observation, the company has to provide a written clarification along with the supporting documents as well as all related import documents including copies of goods and declaration, commercial / pro forma invoices, L/Cs packing lists, contracts, purchase orders, catalogue/ literature.

The PCA also told the company representatives may appear in person or through accredited representatives to rebut the audit observation in the chamber of deputy director at the Customs Houses.

It was intimated that if no one appears or no reply is received it shall be deemed that the part has nothing to offer in rebuttal of the observation and case shall be dealt as per law on the basis of facts available on record.

Related Stories

Tahir Ayub demands investment-friendly environment

byCT Report
11/07/2026

ISLAMABAD: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, has urged the government to launch...

Identity theft victim wins tax relief from FTO

byCT Report
11/07/2026

LAHORE: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to finalise lawful tax registration for a...

LTO Karachi targets 174 taxpayers in foreign assets scrutiny campaign

byCT Report
11/07/2026

KARACHI: The Large Taxpayers Office (LTO) Karachi has launched a major scrutiny exercise targeting 174 high-profile taxpayers over their foreign...

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Next Post

Iran crude exports hit 5-yr high near pre-sanctions levels

  • 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.