Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Massive ST evasion scam unearthed

byCustoms Today Report
09/06/2014
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Computerised Risk-Based Evaluation of Sales Tax has detected around 250 to 300 Sales Tax persons involved in a massive scam of sales tax evasion by showing dummy business transactions to claim illegal input tax adjustment, causing huge loss to the national kitty.

As per details, more than over 250 to 300 units falling within the jurisdiction of Regional Tax Offices (RTOs) are involved in the scam across the country.

You might also like

Diesel price cut by Rs134.81, petrol down Rs11.83

11/04/2026

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

11/04/2026

The scam has been unearthed by the Computerised Risk-Based Evaluation of Sales Tax (Crest) Team of RTO Lahore. The analysis of the Crest system pinpointed the entire chain of registered persons and their supplies involved in making dummy transactions to commit tax fraud.

List of beneficiaries of scam revealed that 139 units fall within the jurisdiction of RTO Abbottabad; RTO Gujranwala; RTO Islamabad; RTO Rawalpindi; RTO-I Lahore; RTO-II Karachi and RTO-II Lahore. List of suppliers of beneficiaries revealed that 34 suppliers fall within the jurisdiction of RTO-I Lahore; RTO-II Karachi; RTO-II Lahore; Gujranwala and RTO-III Karachi. List of units and their suppliers from whom the scam originated revealed that over 100 units fall within the jurisdiction of almost every RTO.

Details of the scam revealed that the Crest domain team is working on identifying potential cases to prioritise processing and yield maximum revenue. In this regard, the team has found certain irregularities in business activities of certain registered persons who are either engaged in supplies of different items to different sectors and are making such supplies on the basis of illegal input tax adjustments and thus avoid actual payment of output tax. The way, they have adopted to avoid payment is that a registered person first make purchases from such registered persons who is either null-filer/nil-filer or has shown no supplies to him in his return.

Tags: Computerised Risk-Based Evaluation of Sales Tax (Crest)dummy business transactionsFBRIslamabad RegionRegional Tax Offices (RTOs)Sales Tax evasionscamsdTaxation

Related Stories

Diesel price cut by Rs134.81, petrol down Rs11.83

byCT Report
11/04/2026

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

byCT Report
11/04/2026

LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...

Pakistan RDA inflows rise 11pc to $261m in March 2026

byCT Report
11/04/2026

KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...

Freight fares slashed by 40pc after cut in prices of petroleum products

byCT Report
11/04/2026

KARACHI: The Pakistan Goods Transport Alliance (PGTA) has announced a 40% decrease in freight fares following cut in prices of...

Next Post
Customs Today Newspaper Tuseday-June-10-Monday-June-16-2014

Tuesday June 10 -Monday June 16, 2014

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.