SIALKOT: The Federal Board of Revenue (FBR) has ordered special audit of as many as 3,475 industrial units located in Sialkot, Narowal and Gujrat districts for allegedly evading taxes and concealing facts.
The FBR has formulated 11 special teams which have started the pre-audit process in this regard.
According to FBR officials, there were 86 corporate class and 3,389 non-corporate class industrial units, which would be audited soon.
The FBR has issued orders to the senior officials of Regional Tax Directorate Sialkot to ensure early audit of the 3,475 industrial units, besides the re-scrutiny of the tax return submissions filed by the owners, exporters and importers of the industrial units. The officials have also been directed to impose special fines on those who concealed their actual taxes or did not mention assets in their tax return submissions as well.
The FBR officials added that 2,901 industrial units fell in the income tax category and 574 in the sales tax category.
Inland Revenue Regional Tax Directorate Sialkot Chief Commissioner Abdul Rehman Dogar and RTO Commissioner Ghazanfar Hussain told Customs Today that the FBR has formed as many as 11 special teams and ordered them to conduct the special audit of the industrial units. The special audit of these small and big industrial units would begin within the next couple of days, they added.
