KARACHI: The Federal Board of Revenue has restarted its old automated sales tax refund system to handle claims of non-export sector in a move to divide load of its newly-launched technology that.
FTO directs FBR to take action against those involved in tax fraud
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The department contended the matter of fake sales tax registrations and issuance of dubious refunds.
ISLAMABAD (Dunya News) – The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal proceedings against the person(s)/registered person(s) found involved in committing tax fraud with no further delays.
The FTO further directed Federal Board of Revenue to ensure application of relevant provisions of Pakistan Penal Code along with provisions of Section 21 and 37A of the Sales Tax Act, 1990 while dealing with cases of fake invoices.
KARACHI: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to expedite auction of around 500 non-cleared vehicles stranded at Karachi Port.
The vehicles have been imported under personal baggage, transfer of residence or gift schemes in violation of a statutory regulatory office (SRO) issued by the ministry of commerce.
According to Customs Act, if goods are not cleared from the port within 20 days of arrival, these should be removed from the port and sold in auction.
The FTO’s order states: “Failing to timely arrange auction of vehicles lying un-cleared prima facie is a systemic issue of maladministration and it appears that FBR had failed to put in place a system whereby vehicles cleared from the Port are not timely listed in the Auction Schedule.”
FBR Ordered to Auction Non-Cleared Stranded Vehicles at Karachi Port
Federal Tax Ombudsman (FTO) has directed FBR to expedite the auction of a substantial number of non-cleared stranded vehicles at Karachi Port, which were imported in violation of SRO issued by the Ministry of Commerce.
The subject vehicles were imported under Personal Baggage, Transfer of Residence, or under Gift Schemes. According to the Customs Act, if goods are not cleared from the port within twenty days of arrival, they should be removed from the port and sold in the auction.
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Federal Tax Ombudsman’s Own Motion decision states that failure to timely arranging an auction of vehicles lying un-cleared prima facie is a systemic issue of maladministration, and it appears that FBR had failed to put in place a system whereby vehicles cleared from the port are not timely listed in the Auction Schedule.