KARACHI: The Federal Board of Revenue (FBR) has issued show-cause notices to 3,000 blacklisted companies for getting sales tax refunds on fake receipts.
Regional Tax Office (RTO) sources said the FBR had decided to take action against such companies and they have been issued show- cause notices in this regard. Sources said the FBR has ordered the Inland Revenue to send show-cause notices to the companies and traders which received tax refunds on the fake receipts. They added that the Inland Revenue has started sending notices to the black-listed companies. So far, 600 defaulter companies have been issued show-cause notices. Most of the companies are based in Lyari and North Nazimabad.
According to a rough estimate, the amount to be recovered from these companies was in billions and the FBR is trying hard to retrieve it.
On condition of anonymity, a senior RTO official said the companies included FTB and Company, Ahmed International, Sunshine International, Majeed Enterprises, Rehmat Textile, Nasir Enterprises, Iqbal and Sons, MM Traders, Asim Traders, Umer Traders, Rani Traders, Uzma International, Nisar Ahmed Show, Qaz International, Nine Star International, UBHO Chemical, Wali Enterprises, Gul Trading Corporation, Ayub Traders, Rameez and Sons, FTO Enterprises and Pak China Traders.
Sources said several among these companies and traders had acquired sales tax refunds via fake receipts last year as well.
Former lists of such companies have also been consulted before launching the operation.
On the other hand, sources said the Directorate of Intelligence and Investigation Inland Revenue has already started a crackdown against the subordinate departments of the Sindh government for tax evasion of Rs 50 billion. The Governor’s House Sindh had provided a list of suppliers in this regard. Among them were Ghani Jee Marble, Fan Club, Civil Technology, Zubair Carpet, Al Jadeed Imran Traders, Al Saeed Co, Pak Land Techno Service, FJ Brothers, ZAMT Enterprises.
According to sources, the Directorate of Intelligence and Investigation Inland Revenue has further investigated the matter in the light of the list provided by the Governor’s House.
In this regard, notices have been issued to the Governor’s House, the CM’s House, Civil Court, Sindh Assembly, Excise and Taxation Department, senior superintendent of police East, DIG investigation, KMC, deputy commissioner, assistant commissioner and Sindh Secretariat for their involvement in tax theft. Sources said notices are being issued to other departments as well.
RTO sources said the FBR was more active against tax theft and defaulters as compared to the last year.
