ISLAMABAD: Federal Board of Revenue (FBR) has decided to take strict action against tax defaulters and short filers through its staff under the National Transformation Plan approved by Prime Minister Shahbaz Sharif.
This initiative will collect more sales tax of Rs 3500 billion. The car door will have FBR logo and central control room at headquarters will be responsible for tracking every vehicle.
According to FBR, a plan has been made for annual tax collection of Rs 6000 billion. There are 260,000 manufacturers out of which only 42000 registered in the sales tax regime. The auditors, superintendents and up to grade 18 of customs/IR service officers will perform operational duties against tax evaders .
In order to meet the tax of more than Rs 13000 billion for the current financial year, FBR will stop the evasion of income tax, federal excise duty, sales tax and customs duty.
Member FBR Saeed Akram while giving the latest FBR statistics, said that despite the approval of 1,010 vehicles of 1300 cc, vehicles of 1199 cc are being given. The letter of intent from the vehicle manufacturer states that these 1,010 new vehicles will be for the Inland Revenue Service and Customs Service.
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It is for auditors, income tax inspectors, superintendents, appraisers and basic scale 18 officers working in customs collectorate, sales tax formation, federal excise duty and income tax formation across the country to collect customs duty, sales tax, income tax, federal excise duty. They will be used to catch those who do not comply red-handed
