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 Rs 1.56m tax evasion by renowned telecom company

byM Hayat
24/09/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Post Clarence Audit (PCA) has unearthed duty and taxes evasion amounting to Rs 1.568 million by M/s World Call Telecom Limited through misclassification of servers for telecommunication use as servers for computers.

The clearance data for the time period of January 2012 and onward revealed that the importer got clearance of servers for telecommunication use by allegedly misclassifying under PCT Heading 8471.5000 as servers for computers, paying customs duty at the rate of 0 percent, one percent and two percent instead of classifying under correct PCT Heading 8517-6290 that describes other machines for the transmission or reception of voice, images or other data, including switching and routing apparatus and attracts 20 percent customs duty, PCA officials said.

You might also like

FBR to auction 32-kanal Bahria Golf City property

28/09/2026

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

28/09/2026

The officials said that the company allegedly deposited short payment worth Rs 1,568,469, including customs duty Rs 1464,308, additional sales tax Rs 29,472 and income tax Rs 74,689 as detailed in annexure A. The PCA has asked the company to pay the evaded amount of duty and taxes.

They 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.

They 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 company 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

FBR to auction 32-kanal Bahria Golf City property

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced the auction of a 32-kanal property in Bahria Golf City, Rawalpindi,...

PNSC posts 5pc rise in FY2026 net profit to Rs21.55 billion

byCT Report
28/09/2026

KARACHI: Pakistan National Shipping Corporation (PNSC) has reported a 5% year-on-year increase in consolidated net profit for the fiscal year...

FBR condemns terrorist attack on Customs check post in DI Khan

byCT Report
28/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) strongly condemned the terrorist attack on the Joint Check Post at Aman Mela...

Pakistan Customs, PSW advance trade verification with Hong Kong Customs

byCT Report
28/09/2026

HONG KONG: Pakistan has taken another step towards trusted digital trade with the operationalization of Pakistan Single Window’s (PSW) integration...

Next Post

Customs Court awards jail term to suspects involved in Rs 210m sales tax evasion

  • 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.