AVN 67.38 Increased By ▲ 0.09 (0.13%)
BOP 9.90 Increased By ▲ 0.08 (0.81%)
CHCC 128.50 Increased By ▲ 0.19 (0.15%)
DCL 11.30 Increased By ▲ 0.04 (0.36%)
DGKC 111.70 Decreased By ▼ -0.22 (-0.2%)
EFERT 61.68 Increased By ▲ 0.93 (1.53%)
EPCL 44.60 Decreased By ▼ -0.18 (-0.4%)
FCCL 21.12 No Change ▼ 0.00 (0%)
FFL 17.77 No Change ▼ 0.00 (0%)
HASCOL 22.10 Increased By ▲ 0.24 (1.1%)
HBL 133.56 Increased By ▲ 0.45 (0.34%)
HUBC 82.52 Increased By ▲ 0.52 (0.63%)
HUMNL 8.08 Decreased By ▼ -0.02 (-0.25%)
JSCL 30.22 Increased By ▲ 0.33 (1.1%)
KAPCO 28.04 Increased By ▲ 0.16 (0.57%)
KEL 4.24 Increased By ▲ 0.03 (0.71%)
LOTCHEM 12.62 Decreased By ▼ -0.05 (-0.39%)
MLCF 39.74 Increased By ▲ 0.25 (0.63%)
OGDC 105.45 Decreased By ▼ -0.04 (-0.04%)
PAEL 37.29 Decreased By ▼ -0.02 (-0.05%)
PIBTL 13.58 No Change ▼ 0.00 (0%)
PIOC 98.09 Increased By ▲ 0.29 (0.3%)
POWER 9.65 Increased By ▲ 0.12 (1.26%)
PPL 94.03 Increased By ▲ 0.34 (0.36%)
PSO 207.85 Increased By ▲ 0.60 (0.29%)
SNGP 64.37 Decreased By ▼ -0.04 (-0.06%)
STPL 14.20 Increased By ▲ 0.03 (0.21%)
TRG 55.40 Increased By ▲ 0.07 (0.13%)
UNITY 18.38 Decreased By ▼ -0.01 (-0.05%)
WTL 1.21 Increased By ▲ 0.01 (0.83%)
BR100 4,334 Decreased By ▼ -12.22 (-0.28%)
BR30 22,002 Decreased By ▼ -81.03 (-0.37%)
KSE100 41,701 Decreased By ▼ -105.14 (-0.25%)
KSE30 17,606 Decreased By ▼ -52.86 (-0.3%)
COVID-19 TOTAL DAILY
CASES 309,581 566
DEATHS 6,451 7

ISLAMABAD: The Finance Division has been working to assess the revenue loss the country has suffered after more than 113 vehicles crossed into Pakistan from Afghanistan without goods declarations and deposit of leviable duty/taxes at the Torkham border.

An official said that, according to a working paper, in addition, 941 pickups mostly carrying fresh fruits/vegetables, which have also been found to enter Pakistan, and director Intelligence and Investigation (Custom) Peshawar has been directed to initiate criminal proceedings in these cases.

The revenue loss is also being worked out by director Intelligence and Investigation (Customs), Peshawar, in these cases.

A joint investigation team (JIT) constituted by the Federal Board of Revenue (FBR) to investigate embezzlement scam at Torkham, submitted its report with main findings that as many as 113 vehicles were identified, which crossed into Pakistan from Afghanistan, wherein neither goods declarations nor record for deposit of leviable duty/taxes was found.

Criminal cases/FIRs were lodged to apprehend and prosecute the culprits. The goods declarations against rest of the 328 out of 441 vehicles/consignments are available in the Customs Clearance System WeB0C.

However, there are some minor discrepancies such as manual overwriting, cuttings manipulation of number plates etc, which requires an audit, therefore, post-clearance audit (PCA), Islamabad, has been directed to conduct an audit of these vehicles and ascertain whether duties and taxes were correctly levied.

There are 13 vehicles/consignments against which certificates of origin have been found fake and legal action has already been taken by the MCC (appraisement and facilitation), Peshawar.

All the five seizure cases detected by the Directorate General of Intelligence and Investigation (Customs) have also been duly adjudicated and decided in the favour of the seizing agency.

The Adjudicating Authority has confiscated seized goods/vehicles in all five cases, the finding of the investigation added.

According to officials, administrative and procedural measures has been made at Torkham to ensure proper record keeping of all import/export vehicles and collection of leviable duty/taxes and that no such occurrence happens from Afghanistan in the future.

Copyright Business Recorder, 2020