Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR directs license cancellation for Peshawar cosmetic firm Over tax evasion

byCT Report
24/06/2025
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE: The Federal Board of Revenue (FBR) has initiated a significant enforcement action against a Peshawar-based cosmetic company, M/s Forvil Cosmetics, for alleged tax evasion. The FBR has not only ordered the cancellation of its manufacturing license but has also declared the production, stocking, and sales of its products illegal.

This decisive move is part of the FBR’s intensified nationwide crackdown on tax evasion, with Large Taxpayer Offices (LTOs), Regional Tax Offices (RTOs), and Corporate Tax Offices directed to maximize enforcement actions during June 2025 to meet assigned targets.

You might also like

FBR chairman says tax collections surge in FY2025-26

12/06/2026

Poverty rises to 28.9pc as labor exodus reaches 800,000: Economic Survey 2025-26

12/06/2026

“Bio Amla” Products Declared Illegal

Acting on the FBR’s directive, the Pakistan Standards and Quality Control Authority (PSQCA) in Peshawar has been formally instructed to immediately revoke the manufacturing license issued to M/s Forvil Cosmetics. The company has been blacklisted for allegedly evading millions in taxes.

The FBR has gone a step further, explicitly declaring the production, storage, and sale of Forvil Cosmetics’ products illegal. It has also prohibited any other firm or third party from manufacturing, stocking, or selling goods under the trademark “Bio Amla” or any similar name. The banned products include popular items such as Bio Amla Shampoo, Bio Nikhhar Cream, Seven Day Cream, and Prima Hair Color, among others.

According to official documents, the FBR has explicitly directed PSQCA not to issue a new license or renew any existing one under the said brand, including any entity associated with Forvil Cosmetics. Following these instructions, PSQCA Peshawar has issued a seven-day deadline to the company, demanding the submission of a clearance certificate from FBR, valid sales tax registration, recent income tax returns, proof of tax payments, and certified compliance documents. Failure to comply will result in further legal action, as stated in the PSQCA letter.

Investigation Underway, Collusion Suspected

In a letter to PSQCA, the FBR revealed that Forvil Cosmetics is registered in Peshawar and its case is currently under investigation by the Directorate General Intelligence & Investigation – Inland Revenue.

Sources confirmed that the FBR has launched similar crackdowns on tax defaulters in other major cities, including Karachi and Lahore. In Lahore, under the supervision of the Chief Commissioner of the Corporate Tax Office, it was discovered that certain PSQCA officials may have allegedly colluded to issue a license to the blacklisted company without securing necessary tax recovery or informing higher authorities. In response, a special team led by Deputy Commissioner Inland Revenue Muhammad Qamar Munhas was formed, which promptly wrote to PSQCA, recommending the cancellation of the license issued for the seized trademark.

FBR documents indicate that Forvil Cosmetics owes a substantial amount of Rs. 570 million (including surcharge and penalties) as of October 2022. The Supreme Court of Pakistan has upheld the assessment order issued against the company, solidifying the FBR’s claim. The company reportedly ceased operations several years ago, and its sales tax registration has also been canceled and blacklisted.

Related Stories

FBR chairman says tax collections surge in FY2025-26

byCT Report
12/06/2026

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has said that tax collections registered a significant increase during the...

Poverty rises to 28.9pc as labor exodus reaches 800,000: Economic Survey 2025-26

byCT Report
12/06/2026

ISLAMABAD: Pakistan has witnessed a sharp rise in poverty levels alongside a significant increase in overseas migration, according to the...

Sindh likely to present budget 2026-27 next week

byCT Report
12/06/2026

KARACHI: The Sindh government is expected to present its budget for the fiscal year 2026–27 in the provincial assembly next...

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

Next Post

Nepra cuts power purchase price to Rs25.98 per unit for FY26

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.