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 Breaking News

PTCL accused of evading taxes worth millions of rupees

bySohail Rab
09/04/2015
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Collectorate of Customs Adjudication-II is taking up a tax evasion case related to the Pakistan Telecommunication Company Limited (PTCL), its authorised dealer Huawei Technologies and its clearing agents Eastern Freight.

According to details, the Model Customs Collectorate-MCC Appraisement-East has constituted a massive tax evasion case against the PTCL, its contractor Huawei Technologies and its clearing agents Eastern Freight in which the authorities found that the PTCL was allegedly involved in import of telecommunication equipment including dense wave division, multiplexing system, 6000 cellular transmission system and cellular telephone system components network.

You might also like

IMF presses Pakistan to meet Rs15.26tr tax target

03/11/2026

Pakistan surpasses vietnam in rice exports during September 2026

03/11/2026

The authorities, while scrutinising the import data, found that the PTCL mis-declared goods under PCT heading 8517.6970 in which it paid one percent customs duty, whereas the goods are correctly classifiable under PCT Heading 8517.6290 chargeable to customs duty at 20 percent. Thus, the PTCL — through mis-declaration of classification — has evaded customs duty, sales tax and income tax worth millions of rupees.

The respective Collectorate has forwarded the case to the adjudication for further legal proceedings.

Subsequently, the Collector of Customs Adjudication-II Dr Saifuddin Junejo summoned the departmental representative of PTCL to present his view point over the allegations leveled against the importer PTCL.

It is pertinent to mention here that it was a sixth case of tax evasion unearthed against the importer PTCL, as three cases of the same nature have been adjudicated in the Collectorate of Customs Adjudication-I and two of the cases of the same nature have been adjudicated in the Collectorate of Customs Adjudication-II in the last one and an half years.

The proceedings of the tax evasion case against the importer PTCL are continued and the authorities concerned of the adjudicating Collectorate will decide the fate of the case in upcoming days.

 

Related Stories

IMF presses Pakistan to meet Rs15.26tr tax target

byCT Report
03/11/2026

LAHORE: The International Monetary Fund (IMF) has expressed concern over Pakistan’s declining tax collections, urging the government to take additional...

Pakistan surpasses vietnam in rice exports during September 2026

byCT Report
03/11/2026

ISLAMABAD: Pakistan recorded a significant increase in rice exports in September 2026, overtaking Vietnam despite tensions in the Gulf region...

Pakistan targets China, Saudi Arabia & Iran to expand agricultural exports

byCT Report
03/11/2026

LAHORE: The government and the Lahore Chamber of Commerce & Industry (LCCI) have agreed to work together to increase Pakistan’s...

JazzCash & Easypaisa halt aggregator services amid FIA gambling probe

byCT Report
03/11/2026

KARACHI: The digital payments landscape in Pakistan is facing another massive disruption. The fintech giants, JazzCash and easypaisa, have completely...

Next Post

MIT researchers developed new magnetic field detector which 1,000 times more energy-efficient than its predecessors

  • 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.