LAHORE: Directorate of Customs Post Clarence Audit (PCA) Lahore has detected duty and tax evasion of Rs 76.84 million allegedly by seven telecommunication companies. The companies include PTCL, Telenor, Mobilink, Zong, Huawai Tech and Wi-Tribe.
The PTCL was detected with evaded tax amount of Rs 1.68 million, Telenor Rs 29.08 million, Mobilink Rs 15.36 million, Zong Rs 28.83 million, Huawai Tech Rs0 .53 million, Telenor again Rs 0.39 million and Wi-Tribe Rs 0.61 million.
PTCL, Telenor and Mobilink have deposited the evaded taxes. However, Zong, Huawai Tech, Telenor and Wi-Tribe are yet to deposit the evaded duty and taxes due against them.
Sources told Custom Today that the companies evaded the duty and taxes on the import of telecommunication equipment and for the remaining evaded amount’s recovery, the PCA is engaged with the concerned officials of the companies.
However, Rs 40.37 million evaded duty and tax has been recovered from three telecommunication companies including M/s PTCL, M/s Telenor and M/s Mobilink.