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FBR Cracks Down on E-Intermediaries for Sales Tax Fraud: Licenses at Risk

  • FBR taking legal action against e-intermediaries involved in sales tax fraud
  • Licenses of implicated e-intermediaries at risk of cancellation
  • E-intermediaries and company officials facing prosecution for fraudulent activities
  • E-intermediaries held jointly responsible for facilitating tax evasion
  • Use of fake or flying invoices leading to immediate suspension and cancellation of licenses
  • Growing concerns over rising trend of sales tax fraud in Pakistan
  • Sales Tax Act, 1990 provides legal recourse for holding e-intermediaries accountable
  • Additional punitive measures, including criminal prosecution, possible for those involved
  • FBR’s aggressive stance aimed at tightening regulatory framework and restoring public confidence in tax system

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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