FBR teams to Check Papers of Imported Goods at Shops – Research Snipers

FBR teams to Check Papers of Imported Goods at Shops

imported goods

The Federal Board of Revenue—FBR has made teams for checking the documents of the imported goods at the major shopping areas, specifically the large retailers, in the significant cities throughout the nation, as per the reports of local media on Sunday.

The crackdown operation would begin from the 1st of September.

Shabbar Zaidi—the FBR chairman said that the teams would be checking on the import documents of the international goods for assuring compliance with the different law requirements, further adding that the board had begun a phased programme for dealing with the sale of the smuggled goods in the local market.

Under the provisions of the Customs Act, 1969, the FBR has got the powers for seeking the import documents of the imported goods present for sale to the consumers from the person handling in such commodities.

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Previously, the revenue board had given notices to as many as 228 garment shops and boutiques for paying as they were not paying any tax despite having a flourishing business activity.

The Inland Revenue Officer—Salman Qamar had mentioned in a report that this office had recognized 228 garments boutiques/ shops doing the business activity only in the locality of North Nazimabad—Karachi and they are not on the tax roll.

The report also read that during the field survey and the collection of information from the various surveys already done, it has emerged that the garments and the boutique’s shops having prospering business activity however a large number of them are not yet registered or filing any tax returns.

They have been given a notice u/s 176 of the Income Tax Ordinance, 2001 for bringing them on the tax roll.

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