KARACHI: Directorate of Post Clearance Audit Karachi has served audit observations on M/s Colgate Palmolive Pakistan Limited underlining evasion of government revenue to the tune of Rs98.67 million on the import of certain consignments of toothbrushes. During the scrutiny of import data, related to the imports of tooth brushes under PCT 9603.2100, it has been found that M/S Colgate-Palmolive (Pakistan) Limited, with active connivance of their Clearing Agents M/S Qazi Anwar Ul Islam & Co, imported various consignment of “Colgate brand toothbrushes” under PCT Heading 9603.2100 and cleared the subject goods at lower values than the values determined vide valuation database letter no 32 issued by Directorate General of Customs Valuation. Directorate observed that company is intentionally and deliberately clearing subject goods at lower values with malafide intention to deprive the government exchequer from its legitimate revenue. It is evident that M/S Colgate-Palmolive (Pakistan) Limited intentionally got their consignments cleared at lower values , evaded duty / taxes to the tune of Rs98.67 million. Therefore, M/S Colgate-Palmolive (Pakistan) Limited are required to pay above mentioned short paid duty/taxes.