IR Intensifies Country-wide Operations against Tax Evaders

The Directorate General Intelligence and Investigation (Inland Revenue) has intensified the country-wide action against tax evaders and fraudsters (individuals, AOPs and corporate entities) involved in evasion of Sales Tax, Income Tax and Federal Excise Duty. In this regard, Directorates of Intelligence and Investigation (Inland Revenue) has expedited the crackdown against tax evaders based on credible evidence and following due process of law based on legal provisions laid down in various tax statutes.

Directorate of Intelligence and Investigation-IR, Islamabad has detected a big case of sales tax evasion. As per the intelligence gathering, one of the Islamabad based plywood manufacturing unit was involved in evasion of sales tax by suppressing its taxable supplies in monthly sales tax returns. Pursuant upon the information and in order to safeguard the public revenue, a raid was conducted and premises of the said unit were searched under section 38 and 40 of the Sales Tax Act, 1990.

In addition to that, two raids were conducted by the Islamabad Directorate on 22nd December against two un-registered businesses located in Chakwal involved in huge tax evasion. Record has been impounded and its inspection is underway. It is expected that quantum of tax involved will be in hundreds of millions in the three raids conducted by the Islamabad Directorate.