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Facilitation & Taxpayer Education (FATE) Wing FEDERAL BOARD OF REVENUE ******* |
FOR IMMEDIATE RELEASE |
Islamabad: June 8, 2011
PRESS RELEASE
FBR DETECTS RS. 458 M ON DUTY EVASION DUE TO INVALID EXEMPTION CLAIMS
Federal Board of Revenue (FBR) is investigating a legitimate estimated revenue loss of Rs. 458 millions evaded by certain importers of Beverage industry. FBR field offices received information that certain importers of Beverage Industry had imported filling, labeling, and other related machinery and have wrongfully availed benefit of exemption from payment of duties/taxes under Serial No. 1(1) of SRO 575(1)/2006. Relevant data of the past clearances was retrieved/scrutinized which led to detection of 26 such cases wherein leviable duties/taxes had not been paid. In all such cases, contraventions have been issued and adjudication proceedings have been initiated to recover the short-levied amount.
For further queries, contact
Syeda Naureen Zahra
Secretary (PR), FATE Wing, FBR
Ph: 051-9208407 / 0323-5228771
Fax: 051-9207172
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Facilitation & Taxpayer Education (FATE) Wing FEDERAL BOARD OF REVENUE ******* |
FOR IMMEDIATE RELEASE |
Islamabad: June 8, 2011
PRESS RELEASE
CUSTOMS INTELLIGENCE SIEZED RS. 128.32 MILLION WORTH OF SMUGGLED/CONTRABAND GOODS IMCLUDING DRUGS
Directorate General Intelligence & Investigation of Federal Board of Revenue (FBR) has detected 92 cases of seizure of smuggled/contraband items having CIF value of Rs. 128.32 (million) during the month of May, 2011. The seized goods include 1.0 kg heroin, 197 kg hashish, 1.75 kg opium, 52 vehicles NDP, 59,549yds of A.S cloth, 6,035 kgs of tea and 52000 Ltrs of Mobil oil.
Moreover, 41 cases of customs contravention including cases of seamless steel tube, wood free uncoated paper, auto parts and cylinders have also been made out involving duty/taxes of Rs. 107.62 (million). In addition, 19 cases of evasion of sales tax and Federal Excise involving revenue of Rs. 204.217 (million) haxs also been detected. The Directorate General has recovered Rs. 212.60 (million) in revenue including Rs. 172(M) as sales tax and Rs. 39.92 (million) as customs duty.
For further queries, contact
Syeda Naureen Zahra
Secretary (PR), FATE Wing, FBR
Ph: 051-9208407 / 0323-5228771
Fax: 051-9207172
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