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

Post Clearance Audit detects tax evasion by M/s Wi-Tribe Limited

byM Hayat
23/11/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Directorate of Post Clarence Audit (PCA) has detected duty and tax evasion by M/s Wi-Tribe Pakistan Limited 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 Islamabad 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 CD @ 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 CD @ 20 percent.  It was informed that therefore the company has deposited short payment of Rs 49,479.

You might also like

ICCI election: 57 candidates vie for 28 Executive Committee seats

16/09/2026

FBR admits IRIS Portal is down as tax deadline panic grips filers

16/09/2026

The PCA said that in case the company not agreed with the audit observations, 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, LOCs packing its, contracts, purchase orders, catalogue/ literature on or before the date of hearing.

The PCA also told the company representatives may appear in person or through accredited representatives to rebut the audit observation.

 

 

Related Stories

ICCI election: 57 candidates vie for 28 Executive Committee seats

byCT Report
16/09/2026

ISLAMABAD: The stage is set for the much-awaited Islamabad Chamber of Commerce and Industry (ICCI) Election 2026-28, as all the...

FBR admits IRIS Portal is down as tax deadline panic grips filers

byCT Report
16/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that taxpayers are facing intermittent technical problems on its IRIS portal,...

PAC halts 0.2 million-tonne sugar export, bars wheat imports without its review

byCT Report
16/09/2026

ISLAMABAD: The Public Accounts Committee (PAC) has barred the government from exporting sugar without its recommendations, putting on hold the...

Punjab brings home tuition centres, academies under tax net

byCT Report
16/09/2026

LAHORE: The Punjab government has amended the Punjab Private Educational Institutions Act to bring home-based tuition centres, coaching centres and...

Next Post

Customs Intelligence-Enforcement seizes consignment of circuit breakers on mis-declaration

  • 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.