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Customs Internal Audit recovers Rs431 million during 2010-2014

Customs Internal Audit recovers Rs431 million during 2010-2014

KARACHI: The Directorate of Internal Audit-Customs, Karachi Region recovered Rs 431.671 million altogether by settling “paras” during the audit years from 2010 to 2014, it was learnt here on Monday.

The Karachi Directorate of Internal Audit-Pakistan Customs detected a recoverable amount of Rs20,267.476 million through 514 paras in the year 2013-2014 while none of the single para has yet to be settled and recoverable amount stood at 20,267.476. Similarly, the Directorate of Internal Audit-Customs, Karachi Region settled 12 paras out of total detected 127 paras in the year 2012-13 and recovered an amount of Rs 144.172 million out of total detected amount of Rs1,297.794 million. The 115 paras are still in pending and Rs1,153.244 million amount is yet to be recovered by settling those pending paras.

In the year 2011-2012, the Directorate of Internal Audit settled 88 paras out of total 396 paras and recovered an amount of Rs 98.995 million while total recoverable amount was Rs11,445.586 million. The total pending paras in the year 2011-12 were 308 and the amount to be recovered stood at Rs10,764.944 million.

The Directorate of Internal Audit settled 81 paras in the year 2010-2011 out of total 467 paras. The Directorate detected an amount of Rs12,209.399 million and recovered an amount of Rs188.504 million by settling 81 paras while 386 paras of the year 2010-11 are still in pending and Rs9,230.634 million is still recoverable from different importers.