ISLAMABAD: Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan has said that the self-assessment scheme without audit is being abolished
“We are taking effective measures by introducing audit-based system and through electronic mode of adjustment to check wrong assessments of the filers” the FBR chairman FBR told the Public Accounts Committee (PAC) meeting, held under the chairmanship of Syed Khursheed Ahmed Shah at the Parliament House.
The PAC directed the FBR to collect all the information regarding outstanding dues and acquire the services of competent lawyers regarding pending cases for the recovery.
Audit authorities informed the committee that 25% sales tax of actual value was not collected from CNG stations under sales tax rules.
Sardar Ashiq Hussain Gopang said that why the action had not been taken against the responsible persons for the Rs 4 billion audit objection.
Nisar further told the meeting that the FBR is reopening the K-Electric case in the light of a decision taken by the Departmental Accounts Committee (DAC).
The Auditor General of Pakistan (AGP) had objected to the FBR’s decision to set aside Rs1.19 billion tax demand against K-Electric. After the AGP’s objections, the issue was discussed in a meeting of DAC, which comprises representatives of the audit department and FBR.
“DAC directed that the department (FBR) make the reference in K-Electric’s case involving Rs1.19 billion,” according to the audit brief presented in the PAC meeting.
The meeting was attended by Sheikh Rohail Asghar, Shafqat Mehmood, Dr Arif Alvi, Mehmood Khan Achakzai, Rja Javed Ikhlas, Shahida Akhtar Ali, Junaid Anwar Chaudhry, Muhammad Pervaiz Malik, Dr Azra Fazal, Syed Naveed Qamar, Sardar Ashiq Hussain Gopang and others.
