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Customs Adjudication issues notice to M/s Telenor for alleged tax evasion

Customs Adjudication issues notice to M/s Telenor for alleged tax evasion

KARACHI: The Customs Adjudication has issued a show cause notice to M/s Telenor after finding tax evasion in clearance of import consignments. M/s Telenor evaded tax amount through wrong declaration of goods.

According to details, during scrutiny of the import data of M/s Telenor it was revealed that the company availed undue concessions and benefits by using wrong SRO and PCT heading and caused a loss of millions of rupees to national kitty.

Director Post Clearance Audit (PCA) Gul Rehman detected the irregularity and instructed Deputy Director Sajid Ali Baloch to investigate the clearance of consignments. The investigation found that M/s Ahbab Enterprises, the clearance agent of M/s Telenor, used false information to get clearance of the consignments consisting communication devices.

The duty paid for the consignments was 2 percent whereas the actual duty applicable on it was 15 percent. The investigation found that M/s Telenor evaded tax amount of Rs 1.285 million in these consignments. After finding the tax evasion, PCA forwarded the case to Customs Adjudication and issued notice to offending company.

Meanwhile, Model Customs Collectorate issued show cause notices to two garments companies due to their involvement in tax evasion, while on the other hand customs authorities recovered Rs 244,000 from other companies involved in mis-declaration.

Sources told Customs Today that M/s Sulemania Usmania Garments and Export companies imported consignments of children garments by using different SROs and PCT heading.

Sources said that M/s Shamim Enterprises also imported consignments of raw material and avoided to pay duty and taxes. After detecting tax evasion Customs Exports authorities issued show-cause notices to both companies warning them to deposit evaded amount of tax and duties within fourteen days otherwise stern action will be taken against the company which will led to attachment of bank accounts and seizure of property.

Sources said that Customs Export authorities also issued a show-cause notice to M/s Raheel Plastic Industries due to their involvement in tax evasion.