ISLAMABAD: Commissioner Inland Revenue- I (IR-I), Regional Tax Office Qasim Raza Khan has blacklisted and suspended registration of 227 companies and tax defaulters which failed to submit their tax returns and excise duty for the year 2012-2013.
As per details, Commissioner IR has issued number of show-cause notices to these companies and tax defaulters but no one has submitted its reply till the given date in this regard. Due to non-cooperation of defaulters, the IR has suspended their registration at first under Sales Tax Act-1990 Section 2(21), and a grace period was given to them to submit their replies. After that the IR blacklisted these companies and tax defaulters by using General Sales Tax clause III–N of 2004 which included in sales tax rules 2006/12.
The sources further told Customs Today that tax defaulters and companies which are blacklist by IR including Trans World Logistics, Pakistan Bestway Cargo, Nepa Export, Modern Jewelers, Sidra Jewelers, Nasir and Co, Aalam Traders, Fasial Goods, Mohsin Nurseries, Afridi Medical Store, Rai Engineers Contractors (PWD) and dozens of other companies and persons.
