PCA detects possible revenue evasion of Rs368.55 million

KARACHI: The Directorate of Post Clearance, Karachi Audit has made remarkable performance in the month of July 2017 and detected 20 cases involving revenue of Rs368.555 million.

Directorate of Post Clearance Audit under the leadership of Director Gul Rehman and Deputy Director Sajid Baloch detected cases pertaining to short payment of customs duty and sales tax/WHT because of inadmissible concessions; short payment of anti-dumping duty, additional sales tax, FED and income tax.

The Directorate served 05 Audit observations and 15 contravention reports during July 2017 involving total of duty and taxes of Rs368.555 million.

Post Clearance Audit (PCA) is the eye of Customs appraisement as it checks under-invoicing, mis-declaration and misuse of concessionary regime setting benchmarks to secure government revenue for the longer run. Director PCA Gul Rehman has improved the directorate making it resilient it never was. Deputy Director Sajid Baloch is equally dedicated and competent, together with Director Gul Rehman, they have closed almost all the doors of revenue evasion.

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