Directorate of Post Clearance Audit (DPCA), Karachi has reportedly detected massive tax evasion in 556 smuggled vehicles granted amnesty through scheme in 2013, it was learnt. According to sources, on the directives of the Directorate General of Post Clearance Audit, Islamabad, the DPCA, Karachi has initiated post clearance audit of smuggled vehicles cleared under amnesty scheme 2013 on May 5, 2016.
Out of total 5,958 cases processed by Collectorate concerned during the amnesty period in 2013, some 5,507 original files were made available for audit.
The government through the said scheme had directed that smuggled or non-duty paid motor vehicles, having non-tampered engine or chassis numbers, which had been seized or voluntarily presented to Customs on or before March 31, 2013, were allowed release on payment of redemption fine along with duty and taxes.
The redemption fine equivalent to 1 per cent of the payable duty and taxes was chargeable to these vehicles, provided that the customs-duty and other taxes along with redemption fine.
Replying to a question, sources said that some 4,951 cases of total available files was found in order however, duty and taxes had been evaded in some 556 cases where vehicles were assessed at a value lower than the actual assessable value provided by the FBR for assessment of vehicles of varying capacities that provided a colossal revenue loss of Rs 43.728 million.
Sources said that DPCA, Karachi has strongly urged Model Customs Collectorate of Appraisement (West) to take immediate action for the recovery of said evaded duty and taxes.
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