ISLAMABAD: The directorate of Intelligence & Investigation, Inland Revenue raided an unregistered unit in Multan and unearthed huge tax evasion by the manufacturer of plastic bags.
An official handout issued by FBR media office here on Monday said “In a drive against unregistered persons who are liable to be registered and required to pay due sales tax on their taxable supplies under the Sales Tax Act, 1990, Federal Board of Revenue’s Directorate of Intelligence and Investigation-Inland Revenue, Multan has conducted proceedings under Section 38 and 40 of the Sales Tax Act, 1990 against an unregistered unit manufacturing Plastic shoppers”.
The handout added the unit was engaged in manufacturing and making taxable supplies of Plastic shoppers involving huge consumption of electricity but was not paying sales tax and had also not obtained sales tax registration. During the search, relevant record was impounded which was under scrutiny.
It added further investigation in this regard is underway. Under the directions of Directorate General Intelligence and Investigation-Inland Revenue Islamabad, Intelligence & Investigation IR Multan shall continue such operations in future in order to detect tax fraud and to increase number of taxpayers.