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 Latest News

Sialkot, Gujranwala RTOs take steps to recover sales tax from bakeries

bySaleem Awan Sheikhu
21/03/2016
in Latest News, National
Share on FacebookShare on Twitter

SIALKOT: The Regional Tax Offices (RTOs) of Sialkot and Gujranwala have imposed section 40-B to recover 17 percent sales tax from bakeries and sweet shops which are allegedly involved in tax evasion.

The RTOs have formed teams to collect the record of these bakeries besides directing them to submit report within a week. The teams were also asked to work day and night to detect the tax evaders.

You might also like

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

14/10/2026

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

14/10/2026

The officials said that owners of such shops were earning millions of rupees but never paid taxes by concealing their actual earning. They added that the department will scrutinise the record collected by teams and recovered 17 percent sales tax from the non-taxpayers under Section 40-B.

The owners of bakeries and sweet shops told Customs Today that the customers were not ready to pay 17 percent sales tax adding that they could get tax from them forcibly.

Related Stories

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

byCT Report
14/10/2026

KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

LHC rejects delayed tax references filed by FBR & govt bodies

byCT Report
14/10/2026

LAHORE: The Lahore High Court (LHC) has declared all tax reference applications filed after the prescribed time limit inadmissible, ruling...

Pakistan seeks international investment through digital finance, says Bilal bin Saqib

byCT Report
14/10/2026

ISLAMABAD: Pakistan is focusing on expanding international investment opportunities by adopting modern financial technologies and contributing to the development of...

Next Post

Govt decides to upgrade Chaman, Torkham transit trade terminal

  • 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.