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PCA detects tax evasion of Rs 9.98m during first ten days of October

PCA detects tax evasion of Rs 9.98m during first ten days of October

KARACHI: Directorate of Post Clearance Audit (PCA) Director Nadeem Memon has shown excellent performance and detected three new cases of tax evasions involving Rs 9.98 million in first 10 days of October.

Sources told Customs Today that Directorate of Post Clearance Audit, headed by Director Nadeem Memon, uncovered cases pertaining to short payment of customs duty and sales tax and withholding tax. In some cases, inadmissible concessions in additional sales tax, federal excise duty and income tax were availed.

The directorate served two contravention reports and two observations during the first ten days of October involving total duty and taxes of Rs 9.98 million. The companies served audit observations or contravention M/s Sehrish Traders, and M/s Sabihat Enterprises and M/s Aryan and Company.

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

It is necessary to mention here that the Directorate of Post Clearance Audit is using all available resources to detect cases involving tax evasion and mis-declaration. The directorate served four contravention reports and 4 observations during  first nine days of October involving total duty and taxes of Rs10.12million the companies served audit observations or contravention M/s Zafar Brothers and M/s Noshad and Company.