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

byM Hayat
23/11/2016
in Lahore, Latest News
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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.

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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.

 

 

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