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FBR to conduct audit of 7295 industrial units of Gujranwala Division

FBR to conduct audit of 7295 industrial units of Gujranwala Division

SIALKOT: -Federal Board of Revenue (FBR) has announced to contact the special audit of  as many as 7295 industrial units in Gujranwala Division’s all the six Sialkot , Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts  and has fixed February  28,2018 as final deadline for this special audit here.

According to the senior FBR officials, as many as 25 special FBR teams (12 in Sialkot region and 13 in Gujranwala region) have been moved ahead with a special task to ensure the transparent conduction of this special audit till this final deadline as well.

The officials added that the FBR has selected these 7295 industrial units for their special audits through the recently held special FBR draws held at the FBR (Headquarters) Islamabad, saying that the owners of these selected industrial units had concealed the “facts” about their business and taxes payments in their annual tax returns submitted before the FBR in both Sialkot and Gujranwala regions.

Meanwhile, the Excise and Taxation Department’s special recovery teams have sealed as many as 145 properties of the chronic defaulters , besides, issuing the arrest warrants of 1500 other big defaulters (the habitual tax evaders) and issuing the lock up notices to 20000 other defaulters for the non-payment of their property , luxury , commercial and professional taxes, during the ongoing vigorous recovery campaign launched against the defaulters in Gujranwala Division’s all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala districts here.

Senior E & T officials, as many as 120 special recovery teams have yet recovered different taxes amounting Rs.1.42 billion during the first seven months of the running fiscal year in this region.

The officials added that the above-mentioned  big defaulters 145, chronic defaulters and habitual tax evaders 1500 and 20000 other defaulters were still remaining reluctant to pay their prolonged pending property, luxury, commercial and professional taxes despite the repeatedly issued warning/final recovery notices by these recovery teams, in this regard.