ISLAMABAD: The Federal Board of Revenue’s intelligence wing has brought around 562 commercial importers under scrutiny over alleged sales tax evasion and ordered investigation against them.
The Directorate General of Intelligence and Investigation-Inland Revenue has also recommended recovery action against the importers, which are mostly from Faisalabad, to the relevant Regional Tax Office (RTO).
The intelligence wing detected a number of persons who were liable to be charged, with extra tax at 2 per cent as required under Chapter XIII of the Sales Tax Special Procedure Rules, 2007.
An exhaustive exercise carried out by investigation team detected 244 importers of specified goods whose import value exceeded Rs 500,000 and were liable to pay extra tax at 2 per cent at import stage. In these cases, loss of revenue amounting to Rs 32.4 million was involved.
Similarly, another 318 importers were detected from whom Sales Tax amounting to Rs 73.192 million was to be recovered. Both the lists of the aforesaid importers have been forwarded to Chief Commissioner RTO Faisalabad for recovery of total loss of revenue to the tune of Rs 105.592 million.
Details of the cases revealed that the regional directorate received data from the Directorate General Intelligence & Investigation-IR about those registered persons who have not paid extra tax at 2 per cent as required under chapter XIII of the Sales Tax Special Procedure Rules 2007.
