ISLAMABAD: The Director General of Intelligence and Investigation-Inland Revenue has asked Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan to allow get the directorate to recover sales tax worth Rs 2.18 billion from a company.
In a letter to the FBR chairman, the I&I Directorate explained that the Lahore Regional Tax Office had passed an adjudication order for tax years 2012 to 2015 under Sales Tax Act, 1990 against MS Distributors.
Under the order, the RTO demanded Rs 143.43 million, 77.91 million, Rs 202.37 million and Rs 668.769 million sales taxes for tax years 2012 to 2015 respectively. The RTO also imposed 100 per cent, additional penalty equal to 100 per cent of the said sales tax amount was also imposed on the firm for all the years under consideration.
The owner of MS Distributors, which is the sub-distributor of Nestle Pakistan Limited Foods submitted the first appeal before the Capital CIR (Appeals) in which he had requested for re-determining the liability against his company for the above-mentioned period by passing fresh orders.
