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IR I&I detects tax evasion of Rs11.062m by unregistered factory in Sahiwal

IR I&I detects tax evasion of Rs11.062m by unregistered factory in Sahiwal

MULTAN: Directorate of Intelligence and Investigation (I&I) Inland Revenue (IR) has unearthed sales tax evasion of Rs11.062 millions of an unregistered manufacturing factory located in Sahiwal.

The Federal Board of Revenue has directed Directorate of Intelligence and Investigation Inland Revenue to take stern action against tax evaders.

Director Intelligence and Investigation Inland Revenue Zubair Bilal received secret information that huge unregistered slanty factory manufacturing crust near Small Industrial Estate Sahiwal.

Directorate of Intelligence and Investigation Inland Revenue Multan raided private manufacturing plant near Small Industrial Estate and recovered huge quantity of manufactured slanty crust. Said manufacturer was evading sales tax and was not paying any duty taxes on the said manufacturing of slanty crust.

According to preliminary investigation of Intelligence and Investigation Multan unregistered person was involved in managing said factory.

Directorate of Intelligence and Investigation detained entire record, ledgers, accounts, computers, laptops and inventory details for further investigation.

About tax evasion of Rs11.062 million was detected during preliminary interrogation of Intelligence and Investigation Inland Revenue.

Legal action against tax factory owner has been initiated and further investigations were still under process.