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Home Latest News

FBR issues final recovery notices to 35,000 tax-evaders

byCT Report
19/05/2018
in Latest News, National
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SIALKOT: Federal Board of Revenue (FBR) has issued final recovery notices to 35,000 tax-evaders after the passage of the final date in Gujranwala Division.

The FBR officials said that the FBR special teams were scrutinising all the tax cases in Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts. They said that the FBR will also issue the same notices to 5,000 more people for not submitting their tax returns or concealing the facts.

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The FBR has given a month-long deadline to them to submit their tax returns at their local income tax offices.

Meanwhile, the recovery teams of Excise and Taxation Department have sealed 21 show rooms of vehicles besides sealing of 258 other commercial properties including the offices of the property dealers during the ongoing vigorous crackdown.

According to the senior officials, 121 teams of Excise and Taxation Department were taking part in the recovery operation. They checked as many as 1,500 vehicles and impounded 186 for the non- payment of their registration and token taxes. The teams also confiscated hundreds of unauthorised/unapproved registration numberplates of motorcycles and other vehicles.

Likewise, Punjab Revenue Authority (PRA) issued the special recovery notices to 2000 services-providing companies, advising them to pay their payable 16 percent services tax within a final deadline of a month.

Assistant Commissioner Tanveer Yaseen said that these services-providing companies have been asked to ensure their services taxes (worth millions of rupees) within the final deadline otherwise these companies would be fined heavily besides facing the cancellation of their registration.

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