KARACHI: The Directorate of Post Clearance Audit (PCA) has imposed a penalty of Rs 120,000 on M/s Samra Enterprises for availing undue benefits and concessions through SRO 659.
Sources told Customs Today that during scrutiny of import data of the company it was revealed that M/s Samra Enterprises availed undue benefits by using SRO 659 and caused a loss of Rs 1.4 million to the national kitty. Sources said that M/s Samra Enterprises imported different consignments of kitchen hotpots through their forwarding agent and availed benefits.
After detecting tax evasion PCA authorized imposed a penalty of Rs1,20,000 on M/s Samra Enterprises and directed the management of the company to deposit outstanding amount of Rs1.4 million along with imposed penalty of Rs1,20,000 within seven days, failing which led to stern action against the company.
It is necessary to mention here that PCA authorities already expedited their efforts to detect tax evasion and duties.
