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Home Islamabad

FBR seeks record of cases pending due to stay orders

byShahid Minhas
11/09/2018
in Islamabad, Latest News
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ISLAMABAD: Federal Board of Revenue (FBR) has directed all the field formations to start recovery of Rs200 billion from the taxpayers which are pending in the tax cases, while the board also sought the record of tax cases from field formations in which appellate tribunal issued stay orders, it is learnt here.

According to official sources, the board has issued special directives in which it is informed to all field formations to use special power to recover tax money soon after passing 180 days of stay order from appellate tribunals. The special authority of recovery was assigned to field formations in the federal budget 2018-19, sources added.

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Sources said that according to FBR, around Rs385 billion of revenue is hanging in the tax conflicts where concerned departments and appellate tribunals have issued stay orders and the revenue cannot be recovered since long time causing loss to national exchequer.

The board has also informed that Rs200 billion is solely pending since 180 days as stay order issued by appellate tribunal. It is the responsibility of tax department to ensure the recovery of tax revenue by effectively trialing the tax cases pending in the tribunals, sources added.

Sources further said that the previous government had amended the Finance Act in the federal budget 2018-19 in order to early recovery of tax revenue pending in the tribunal cases and made limited the duration of stay order issued by appellate tribunal to 180 days while after 180 days the stay order will be considered as finished and the field formations will have the authority to recover the tax money, sources added.

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