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Home Islamabad

FTO seeks details of 14 cases involving Rs65b from FBR

byShahid Minhas
27/07/2018
in Islamabad, Latest News, Slider News
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ISLAMABAD: Federal Tax Ombudsman (FTO) has sought the details of 14 cases involving Rs65 billion pointed out by Customs Internal Audit Wing, it is learnt here.

Official sources told Customs Today that Federal Tax Ombudsman has inquired about details of M/s Makkah Enterprises Karachi which did not pay Rs9.16 million taking advantage of FBR’s SRO No. 266(I) 2001 and customs department kept hidden these duty and taxes  and directed FBR to provide latest detail regarding this case.

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Meanwhile, the FTO also asked FBR to provide details regarding Lahore importer-cum-exporter which evaded duty and taxes exploiting FBR’s SRO no. 266(I) 2001 and misguided customs department.

Sources also added that Federal Tax Ombudsman asked to confirm from customs department pertaining to jeweler exporters’ registrations that these are registered with Export Promotion Bureau and Trade Development Authority of Pakistan (TDAP).

While FTO also asked details regarding Karachi, Lahore, Islamabad and Peshawar cases of consignment scheme under Order 2001 and 2003 that either the exports are truly done under declaration or not.

Meanwhile, sources told that FTO also asked regarding the cases of fraud and tax evasion by the importers and exporters violating the I&E orders, and also inquired from FBR to provide the details that either customs department took action or not for recovery against these importers and exporters.

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