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Mis-declaration: PCA detects 13 cases involving revenue of Rs104.34m during August

Mis-declaration: PCA detects 13 cases involving revenue of Rs104.34m during August

KARACHI: The Directorate of Post Clearance Audit (PCA) has shown outstanding performance during the previous month of August 2017 and detected 13 cases involving revenue of Rs104.34 million.

Sources told Customs Today that Directorate of Post Clearance Audit headed by Director Nadeem Memon detected cases pertaining to short payment of customs duty and sales tax/ and withholding tax (WHT) because of inadmissible concessions, short payment of anti-dumping duty, additional sales tax, federal excise duty (FED) and income tax.

The Directorate served four contravention reports and eleven audit observations during the month of August 2017 involving total duty and taxes of Rs104.34 million.

The companies served audit observations or contravention reports include bulk containers in PICT, M/s Zubia Enterprises Karachi, M/s A.A Aluminum and Export,  M/s Waheed Traders Company Karachi and seven others companies.

Sources of Post Clearance Audit told that on the instructions of  Director PCA Nadeem Memon, Deputy Director Sajid Ali Baloch and other officials of PCA scrutinized 222 import consignments data and found that the importers used wrong and/or false PCT Headings to get their consignments cleared in August 2017.

The Directorate General of Post Clearance Audit (PCA) has unearthed tax evasion of Rs114.5 million by different importers during August 2017.

Directorate General of Post Clearance Audit (PCA) Nadeem Memon directed all relevant officials and teams to expedite their efforts to recover outstanding amount from defaulters.

It is necessary to mention here that Post Clearance Audit is using all available resources to detect cases involving tax evasion and mis-declaration.