Sunday, 26 May 2024
Trending
Petrol-Pumps-Sealed-FBR-Smuggling
Businesses

Law enforcement agencies sealed 609 illegal petrol pumps

Pakistan Customs along with the help of law enforcement agencies sealed around 609 illegal petrol pumps which were selling smuggled petroleum products.

About 4.5 million liters of smuggled petrol and diesel have also sealed during the operation, a statement issued by the PM office said on Friday. The authorities have initiated crackdown against the illegitimate petrol pumps on the directions of Prime Minister Imran Khan.

According to the Interior Ministry, the work of the Interior Ministry’s subordinate board and non-discrimination is in full swing. With positive results beginning to emerge.

In case, fuel stations remain unable to provide the reliable evidences within seven days of the action. The government then will authorize to seize their pump along with other properties under the Custom Act.

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

He added that the non-production of documents would reflect the fact that these properties acquired through illegal smuggling. According to an estimate, the country is facing an annual deficit of Rs 150 billion from the smuggled oil sale. Approximately 2,094 fuel stations were found involved in the sale of smuggled petroleum products in the three provinces. On January 4, Prime Minister Imran Khan took notice of the sale of smuggled petroleum products. Also ordered for stern action against those involved in causing heavy damage to the national exchequer.

See also  Income tax return filing reached at 2.93 million

Source | Petrol Pumps | Smuggling | Customs | FBR | Federal Board of Revenue | PM Imran Khan |

LATEST POSTS

  • Tax Advice for 2024: Do not File Incomplete Tax Returns
    Tax Advice for 2024: Do not File Incomplete Tax Returns Tax Advice for 2024: Do not File Incomplete Tax Returns. Whenever tax season approaches tax filer is busy in collecting and discussing his tax returns working with tax consultant and…
  • Extension of Date in Submission of Sales Tax and Federal Excise Return
    Extension of Date in Submission of Sales Tax and Federal Excise Return Extension of Date in Submission of Sales Tax and Federal Excise Return. Recently the Federal Board of Revenue (FBR) has extended the last date for submission of Sales…
  • Tax Concept: Meaning & Types of Taxes in Pakistan
    Tax Concept: Meaning & Types of Taxes in Pakistan Tax Concept: Meaning & Types of Taxes in Pakistan. In Pakistan, tax concepts refer to the principles of taxes that control the taxation system in the country. Here is the list…
  • Rs 750 Prize Bond Draw List 15 April 2024
    Rs 750 Prize Bond Draw List 15 April 2024 Rs 750 Prize Bond Draw List 15 April 2024. The 98th draw for the Rs. 750 prize bond is scheduled to take place in Hyderabad on April 15, 2024. Here are the details: Prizes of Rs 750 Prize…
  • Active Tax Payer List 15 April 2024
    Active Tax Payer List 15 April 2024 Active Tax Payer List 15 April 2024. Following is the active tax payer list issued by the Federal Board of Revenue (FBR) on 15th April 2024. This list contains the taxpayers details who…
  • Withholding Tax on Cash Withdrawal in Pakistan 2024 for Filer
    Tax on cash withdrawals from bank

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: