The Federal Board of Revenue (FBR) has launched a series of major enforcement actions against seven sugar mills across Pakistan, targeting alleged tax evasion and significant non-compliance with the mandatory Track and Trace System (TTS).
During a briefing to the National Assembly Standing Committee on Finance, the FBR Chairman disclosed that recent raids on these mills had uncovered a host of violations. These included concealed operations, missing surveillance systems crucial for monitoring production, and large-scale unauthorized dispatches of sugar.
In response to these serious breaches, the FBR has taken immediate and decisive action. Enforcement teams have impounded unregistered sugar stocks, sealed bypass mechanisms and unauthorized storage areas, and initiated comprehensive stock audits to determine the full extent of the financial discrepancies.
This robust enforcement drive comes after Prime Minister Shehbaz Sharif approved a large-scale crackdown aimed at curbing artificial hikes in sugar prices and ensuring tax compliance within the industry.
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