CVA detects six companies’ tax evasion of Tk 28m

FE Report | Published: November 08, 2018 13:49:18 | Updated: November 10, 2018 11:14:41

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Customs Valuation and Internal Audit (CVA) Commissionarate unearthed tax evasion worth Tk 28 million through import of some 18 consignments, said a press statement on Wednesday.

A team of CVA conducted audit investigation at six companies - Solaiman Printing, Unilever Bangladesh, Ridhika Trading, Option Plus, SR Trading and LJ Enterprise.

The CVA team found those importers evaded taxes in importing 18 consignments by showing lower prices than the minimum value of the products and by changing customs procedure code (CPC).

All those import consignments came from China, and were released from Chittagong Customs House, Benapole Customs House, Kamalapur Inland Container Depot, and Dhaka Customs House.

Talking to the FE on Wednesday, CVA Commissioner Dr. Moinul Khan said the audit team detected the irregularities by scrutinising documents.

"Such unethical practices of duty evasion can be reduced significantly through strengthening CVA's activities."

CVA will take further steps to take legal actions in this regard, he added.

Meanwhile, Customs Intelligence and Investigation Directorate (CIID) seized a used Mercedes Benz, imported from Japan, in Chittagong Port.

CIID found the importer - Bangladesh Science House - violated Import Policy Order (IPO) 2015-18.

In physical inspection, a CIID team found the vehicle's country of origin is Germany, while the importer mentioned that it is 'Made in Japan.'

According to IPO, importers are allowed to import used cars only from their manufacturing countries, and they are not allowed to import used cars from any third country.

CIID halted release of the car by its clearing and forwarding agent - Rolex Trading Agency - after getting information from sources.

CIID sent a report to the Chittagong Customs House commissioner on Wednesday to take legal actions in this regard.

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