Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

SBCA urged to deposit collected amount into govt account

byCT Report
27/12/2025
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Sindh Board Control Authority (SBCA) has come under scrutiny for failing to deposit millions of rupees collected as Sindh Sales Tax into the government treasury.

In a final communication issued by the Sindh Revenue Board (SRB) to the DG of SBCA, authorities directed that the funds collected under Sindh Sales Tax be immediately deposited into the relevant account of the Sindh government.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

According to the letter, SBCA deducted over Rs7 crore in Sindh Sales Tax from 272 government and non-government entities. The amount was collected from service-providing organizations under taxable services.

The collected funds pertain to the period from July 2024 to June 2025.

Despite repeated instructions, the amount has still not been deposited into the government’s designated account. The letter further notes that SBCA used delaying tactics in response to multiple communications regarding the deposit.

Conflicting opinions were also observed from the authority regarding the NTN numbers related to the collected tax. The letter orders the concerned officer of the authority to deposit Rs7 crore under STS and submit a report.

The SRB emphasized that sufficient time had already been provided to the authority for depositing the funds, and this letter should be treated as the final communication on the matter.

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

KSE-100 crosses 174,400 points as investor confidence strengthens: Khurram

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.