KARACHI: The Federal Board of Revenue (FBR) has ‘detected’ huge tax evasion by the Sindh sugar millers and deployed its officials at 15 sugar mills to collect production and sales data.
According to the sources in Karachi Large Taxpayers Unit (LTU), the sugar mills were evading sales tax by suppressing production and sales. The deployed tax officials would assess and compare the data provided by the deputed tax staff and the declared production and sales data by the mills, they said. The Karachi LTU would take action if the irregularities are found in tax records provided by the sugar mills, they further said.
The sugar mills will make payment of sales tax by January 15 for the month of December and file their monthly statement by January 18 for the last month.
