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 detects alleged duty, tax evasion of Rs 8.3m by M/s MN Enterprises

byM Hayat
13/02/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Directorate of Post Clarence Audit (PCA) has summoned M/s MN Enterprises Business Centre Hall Rod Lahore in duty and tax evasion on the import of tarpaulin.

According to the details, the PCA Lahore observed that the import clearances data against HS Code 6306.1210 effected from various Model Customs Collectorate during the calendar years 2012 and 2013 revealed that inadmissible concession of sales tax and value added sales tax under the SRO (1125)/2011 dated 31.12.2011, wrongfully availed on the import of Tarpaulin i.e. sun shedding which is specifically excluded from that ambit of said SRO and hence was not entitled for such benefit under the said SRO.

You might also like

Pakistan lines up three LNG cargoes to meet peak summer power demand

04/06/2026

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

04/06/2026

It has been observed that importer had imported various consignments consisting of tarpaulin and got it cleared under PCT heading 6306.1210 with inadmissible concession under SRO 1125(I/201 1, dated 31.12.2011. Hence, it was said that the importers have short paid an amount Rs 83.3 million sales tax, additional sales tax and income tax due to wrongful, concession under the SRO I 125(D/2011 dated 31.12.2011.

The importer was asked to pay above mentioned short paid amount of duty/ taxes within 10 days of receipt of this letter positively.

The importer was told in case they do not agree with the audit observation; they may provide the written clarification along with supporting documents as well as import documents i.e. copies of Goods Declaration, Commercial Performa Invoice, LC, Invoice, packing list, contract, purchase order, catalogue / literature etc. on or before the stipulated time.

The importer was also told to appear in person of received undersigned through an on the accredited situated aforesaid at representative at the Custom House to rebut the audit observation.

Related Stories

Pakistan lines up three LNG cargoes to meet peak summer power demand

byCT Report
04/06/2026

KARACHI: Pakistan has arranged three LNG cargoes under long-term contracts with Qatar and is seeking an additional spot cargo for...

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

byCT Report
04/06/2026

ISLAMABAD: Pakistan and Tajikistan have agreed to a comprehensive three-year roadmap aimed at increasing bilateral trade to $200 million, while...

CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers

byCT Report
04/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...

Australian high commissioner visits SCCI

byCT Report
04/06/2026

SIALKOT: Australian High Commissioner to Pakistan Timothy Kane visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an...

Next Post

Asst Collector Asfand reviews performance of Rebate Refund officials

  • 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.