The Federal Board of Revenue (FBR) has launched comprehensive campaign for recovery of Rs 319 million outstanding arrears from Pakistan Railways. Official sources told Business Recorder here on Tuesday that the FBR has issued instructions to the Chief Commissioner, Large Taxpayer Unit (LTU) Lahore for recovery of tax arrears worth Rs 319 million from Pakistan Railways.
The instructions have specifically directed the concerned Chief Commissioner to ensure recovery from the said organisation without delay to improve revenue collection. The FBR has informed the LTUs/RTOs that FBR Chairman Tariq Bajwa has expressed serious concern over accumulation of huge arrears and has desired that all out efforts should be made to recover the arrears on fast track basis during July-August 2013, Bajwa added.
According to the FBR''s instructions to the field formations, the Chief Commissioners would immediately launch recovery drive starting from public sector organisations and government departments. From the arrears statement received by the Board, it has been observed that following arrears are outstanding against the public sector organisations falling within the jurisdiction of Large Taxpayer Units and Regional Tax Offices (RTOs). The recovery of arrears from Pakistan Railways is part of the FBR nation-wide recovery drive of undisputed income tax, sales tax and federal excise duty (FED) arrears from all defaulting units without distinction of public sector organisations.
FBR Chairman has also ordered immediate recovery of arrears from the public sector organisations having undisputed arrears. The FBR has also issued instructions to the Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) for the recovery of the undisputed income tax, sales tax and FED arrears. The FBR has directed the field formations that all out efforts should be made to immediately recover the arrears and provide list of arrears outstanding against public sector organisations falling within jurisdiction of LTUs/RTOs.
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