LAHORE: The Federal Board of Revenue (FBR) has decided to monitor sale record of a famous and costly fashion brand Zara Ahmad in an alleged tax evasion case.
Sources informed Customs Today that Regional tax Office-II (RTO-II) has started monitoring of manufacturing and sale record of the brand. A special team has been appointed at the outlet of Zara Ahmad located on MM Alam Road in Gulberg. Manufacturing of the company will also be monitored to reach the factual production and sale of the clothes.
The RTO-II officials informed that this step is taken because of the low sale record of the company. The company is allegedly showing low sale record and is involved in tax evasion of million of rupees. The FBR will receive sales tax after managing all sale and production record of the company.
