LAHORE: The Punjab Revenue Authority (PRA) has sent a final notice to Expo Center on non-provision of record.
According to details available to Customs Today, the Punjab Revenue Authority has issued a notice to Expo Center to submit their record regarding their bookings and revenue generations. It has been notified as well that if the record will not be provided within a week to PRA then the Expo Center could be sealed.
Earlier, the Punjab Revenue Authority has also issued many notices to Expo Center to submit record to PRA but expo center was failed to submit any record. Now the Punjab Revenue Authority has issued final notice and a warning of sealing of building.
The Punjab Revenue Authority (PRA) has also prepared a list to broaden its network in Lahore and Faisalabad. PRA has also shortlisted number of more restaurants to bring them in network in coming days in which some restaurants have added in PRAs network.
Sources told that the PRA has checked almost dozens of restaurants in posh areas of the city in Lahore which are providing expensive food to citizens and they are earning millions rupees but are not registered for sales tax.
These restaurants will increase the revenue of the authority in coming days as it has already increased in past two years.
It is pertinent to mention here they PRA has increased its revenues up to 35 percent in first eight months of the fiscal year of 2016_17 as compared to the last year.
Restaurant invoice monitoring system will be installed in all restaurants that are providing services in posh areas of Lahore Faisalabad and other big cities of the province. Meanwhile PRA has also decided to start crackdown against restaurants that are failed to submit their taxes despite receiving notices. PRA has sealed many restaurants as well in recent times.
