Thursday, 30 March 2023
Trending
TAXATION

Intelligence & Investigation Inland Revenue Operation against three unregistered units

FBR action against unregistered persons who are liable to be registered and are required to pay due sales tax on their taxable supplies under the Sales Tax Act, 1990, Federal Board of Revenue’s.

Directorate of Intelligence and Investigation-Inland Revenue, Lahore has conducted proceedings under Section 38 and 40 of the Sales Tax Act, 1990 against three unregistered units manufacturing Plastic Footwear.

The units were engaged in manufacturing and making taxable supplies of Plastic Footwear involving huge consumption of electricity but were not paying sales tax and had also not obtained sales tax registration.

During the search, relevant record was impounded which was under scrutiny and further investigation in this regard was underway. The Directorate General Intelligence and Investigation-Inland Revenue shall continue such operations in future in order to detect tax fraud and stop leakage of Sales Tax Revenue.

tax accounting services top tax consultants lahore pakistan
Ads:

Intelligence and Investigation | FBR | Federal Board of Revenue | Unregistered Persons | Tax Fraud | Inland Revenue Service | Income Tax Returns |

Related posts
TAXATION

How to Become Active Tax filler in FBR in 2023

Table of Contents How to Become Active Tax filler in FBR in 2023When Active Taxpayer List (ATL) is…
Read more
TAXATION

National Assembly Passes Finance Supplementary Bill 2023 | Mini Budget

Table of Contents National Assembly Passes Finance Supplementary Bill 2023 | Mini BudgetKey…
Read more
TAXATION

Government Presents Finance Supplementary Bill 2023 in Parliament

Table of Contents Government Presents Finance Supplementary Bill 2023 in ParliamentKey Features of…
Read more
Newsletter
Subscribe Now

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