LAHORE: The Punjab Revenue Authority (PRA) has sealed a famous fashion brand outlet Hassan Shehryar Yasin (HSY) for evasion of sales tax.
Talking to Customs Today, PRA Additional Commissioner Ayesha Ranjha said that HSY was evading sales tax despite the fact that a number of notices were sent to it. Therefore, a team under her supervision sealed an outlet of the brand on Saturday.
Earlier, PRA had decided to start monitoring of HSY fashion designer because of tax evasion but due to hurdles created by the management of HSY, the PRA sealed that outlet on Saturday.
Other brands which were in monitoring list by PRA included Faraz Manan and Aneze outlets and Uzma Saloon and two others in Lahore for tax evasion.
Sources told Customs Today that PRA was in contact with the fashion designers for over a year regarding tax collection on their services but these brands were not cooperating with the department.
Now PRA has formed its teams to check all the sales record of these brands. It is essential to mention here, that all above brands are very famous not only in Pakistan but worldwide as well.
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