PCA Karachi detects revenue evasion of Rs341 million in March

KARACHI: Directorate of Post Clearance Audit Karachi has detected duty/tax evasion and short payment of Rs340.934 in the month of March 2016 by various companies and traders.

The Directorate LED BY Director Gul Rehman has made remarkable performance in March 2016 and detected 70 cases involving revenue of Rs340.934 million.

PCA Karachi 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 companies served audit observations or contraventions include M/s Huawei Technologies, M/s Fawaz and Company, M/s Zafa Pharmaceuticals, M/s Hilal foods, M/s Barrett Hogdson Pakistan, M/s AGP Pvt Ltd, M/s Alliance Pharmaceuticals, M/s Woodwards Pakistan, M/s CM Pak Ltd, M/s Ericsson Pakistan, M/s Zhongxin Telecommunication Pakistan, M/s Warid Telecom, M/s Telenor Pakistan and many others.

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