- FBR has unveiled a new strategy to combat sales tax fraud
- Strategy aims to curb the use of fake and flying invoices
- FBR is targeting both perpetrators and beneficiaries of fraudulent schemes
- Previous efforts focused on suspending or blocking dubious firms, which proved ineffective
- FBR now instructing RTOs to trace and prosecute actual buyers and suppliers involved
- Immediate enforcement actions under tax code provisions are being called for
- Precision in drafting show-cause notices and legal orders is emphasized
- FBR is committed to eradicating tax fraud and strengthening Pakistan’s 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.
