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 recovers Rs4m from Cheezious in tax compliance action

byCT Report
01/06/2026
in Breaking News, Latest News, National
Share on FacebookShare on Twitter

SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement action carried out by the Regional Tax Office (RTO) Sahiwal over alleged discrepancies in sales reporting.

According to an official statement issued by the Revenue Division on May 30, 2026, the recovery was made under Section 175C of the Income Tax Ordinance, 2001, after FBR’s monitoring team reportedly identified a significant gap between the company’s declared sales and actual business activity.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

As part of the enforcement exercise, a dedicated team from RTO Sahiwal was deployed at the business premises to monitor sales transactions and assess compliance with tax laws.

During the monitoring period, tax authorities allegedly observed substantial differences between reported turnover figures and on-ground sales volumes.

Based on these findings, enforcement proceedings were initiated, resulting in the recovery of Rs4 million, which has been deposited into the national exchequer.

However, Cheezious has disputed the allegations. Responding to media inquiries, company representatives stated that the matter stemmed from an error on FBR’s side and maintained that the claims were not entirely accurate. The company further stated that it is currently engaged in discussions with the tax authority to resolve the issue.

The RTO Sahiwal emphasized that it will continue strengthening enforcement measures to curb tax evasion and improve compliance across various sectors of the economy.

The Chief Commissioner of RTO Sahiwal commended the enforcement team’s efforts and reiterated the department’s commitment to protecting government revenues through effective monitoring and compliance initiatives.

FBR officials stated that the authority remains focused on promoting a documented economy, broadening the tax base, and taking strict action against practices that cause losses to the national treasury.

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms

  • 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.