KARACHI: The top revenue authority of the country has frozen the bank accounts of Pakistan International Airlines (PIA) for recovery of Rs2.2 billion taxes, which the national-flag carrier collected from passengers as the federal excise duty (FED) for the months March-June 2015.
Sources said that Federal Board of Revenue (FBR) frozen the PIA accounts on November 6, after the airlines failed to make payment of the said amount. The Large Taxpayers Unit (LTU) of Karachi had already sent a notice to PIA for the collection of amount and refrained the airlines from utilising the collected amount for other purposes.
