Quantcast
Wednesday , September 20 2017
Breaking News
Home / Karachi / Gul Rehman’s Post Clearance Audit detects Rs 369m evasion of duty, taxes in July 2017
Gul Rehman’s Post Clearance Audit detects Rs 369m evasion of duty, taxes in July 2017

Gul Rehman’s Post Clearance Audit detects Rs 369m evasion of duty, taxes in July 2017

KARACHI: While upholding its commitment to detect and highlight the tax evaders in the country, the Customs Directorate of Post Clearance Audit-Karachi has detected duty and tax evasion of over Rs 369 million just in July 2017.

Talking to Customs Today, Directorate of PCA Director-Karachi Gul Rehman said that his directorate detected some 20 cases of duty and tax evasion just in one month.

The directorate has issued five audit observations and 15 contravention reports against the importers who brought loss to the national exchequer and the importers have also been directed to pay the dues at the earliest, he added.

“There are nine cases of misuse of fifth schedule Customs Act, 1969, Sixth Schedule for sales tax and clause 77-part-IV and second schedule of income tax on import of LEDs. The country of origin of the imports is China,” Gul Rehman added.

Moreover, the evasion of short payment of custom duty and withholding income tax by claiming inadmissible benefits of SRO 1125(I)/2011 dated 31.12.2011 have also been detected in which two importers evaded a total of Rs23 million. In these cases, the country of origin is also China, the director said.

In some cases, the importers also availed illegal benefits/exemption of Serial No 26 of Table-I of Sixth Schedule of the Sales Tax Act, 1990.

It may be mentioned here that the FBR had posted Gul Rehman as Director PCA-Karachi in January 2015 and the officer broke all the records of tax rec over as hundreds of cases of tax evasion have so far been detected involving evasion of duty and taxes worth billions of rupees.