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Home Breaking News

SRB seals M/s Toro Fitness (Pvt) Ltd for evading sales tax

byCT Report
09/01/2024
in Breaking News, Karachi, Latest News
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KARACHI: The Sindh Revenue Board (SRB) has sealed the business premises of M/s Toro Fitness (Private) Limited, located at House No. A-6, Long Life Bungalows, Block-17, Gulistan-e-Johar, Karachi, for the act of non-payment of sales tax and non-filing of monthly sales tax returns, resulting in a huge loss of Sindh Sales Tax (SST) revenues.

The said gym was required to complete their registration with SRB, deposit due amounts of monthly sales tax, and also e-file monthly sales tax returns. However, they failed to do so despite availing sufficient time for compliance in this regard. Finding non-compliance on the part of the said gym, the Officers of the SRB have taken the action of sealing of their aforesaid business premises.

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