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FBR to start inquiry against 122 businesses, industrial units

June 29, 2015 at 2:41 pm | News Desk

KARACHI: The Federal Board of Revenue (FBR) has decided to conduct inquiry against such businesses and industrial units which have deposited less tax this year as compared to the previous year.

Sources in Regional Tax Office told Customs Today that the department has finalized 112 industrial units and these lists are already sent to the field offices. Sources further revealed that these units deposited less sales tax and the federal excise duty during this fiscal year as compared to the previous year, despite increase in their sales.

Sources said that their statements will be thoroughly scrutinized and all information and statements submitted by these units will be examined by auditors. Sources further said that if these units found involved in tax envision then strict action will be taken against these units.

 

News Desk

Economic Affairs Editor

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