PRV Section of MCC Port Qasim recovers Rs36.24 million

KARACHI: The Post Release Verification (PRV) section of MCC Port Qasim has recovered a sum of Rs36.243 million from two importers, as the same was short levied.

On the directives of Collector Chaudry Javed, Additional Collector Mohammad Ismail and Assistant Collector Mustafa Zamir  of PRV section of MCC Port Qasim  conducted audit of import clearances of two importers namely M/s L’Oreal Pakistan Pvt Ltd and M/s I.A NAsim & Company. As many as 78 Goods Declarations were scrutinized and it was found that Valuation Ruling No. 535-536/2013 and Valuation Ruling No.1042/2016 had not been applied which resulted in short levy of the duty and taxes to the tune of Rs36.243 million.

Demand cum show cause notices were served upon the importers for the deposit of detected amount and the entire short-levied amount was recovered from both the importers.

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