ISLAMABAD: The R&I director general has asked the FBR Intelligence Wing Lahore to submit a detailed report on the raid at a shampoo manufacturing company, Elite Traders, and seizure of its record.
Million of rupees are expected to be recovered as a result of investigation into this raid.
DG Haroon Tareen ordered to solve this matter as soon as possible. According to sources, Deputy Director Saad Waqas with his team and officials of the Nawankot Police Station raided Mega Plast and Elite Traders, which are the properties of Zakkauddin Sheikh and Khalida Parveen, respectively, who were found as big tax defaulters.
Sources said that upon examinating the record, they found evidence of tax evasion. In this connection, the FBR also sent letters to the buyers and distributors to submit their sales tax record to the FBR. Despite earning billions of rupees, owners of the said companies were not paying tax.
Sources further explained that owners of the companies are consistently approaching the higher authorities for relaxation. The FBR further widened its investigation into the matter and included the public distributer of Faisalabad and another company – Atif Traders – in the probe. Accounding to sources, the companies are not cooperating witht the FBR officials in the investigation process.
The distributers and suppliers of both the companies have also been included in the investigation, which is expected to unearth the names of other tax defaulter companies.
