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PCA detects 10 cases of tax evasion worth Rs 10.12m in September

PCA detects 10 cases of tax evasion worth Rs 10.12m in September

KARACHI: The Directorate of Post Clearance Audit (PCA) has detected 10 cases tax evasion involving  revenue of Rs 10.12 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 and income tax.

The Directorate served 4 contravention reports and 6 observations during 22 days of September involving total duty and taxes of Rs 10.12 million. The companies served audit observations or contravention M/s Zafar Brothers and M/s Noshad and company.

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.

Directorate served three contravention reports and five observations during the 20 days of September involving total duty and taxes of Rs 8.45 million. The companies served audit observations or contravention M/s K K enterprises, M/s Areeb Chemicals , M/s Famous garments, Sabahat and Sons and others.

If we talk about last month so directorate General of Post Clearance Audit (PCA) has unearthed tax evasion of Rs114.5 million by different importers during August 2017.