Daily The Business

FBR officials urged to take stakeholders on board

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Our Special Correspondent

Lahore: While demanding an immediate stop to raids at business premises and disrespect to the taxpaying community, the Lahore Chamber of Commerce & Industry has urged the government to constitute a committee having representatives from public and private sectors to sort out the issue.

On Thursday, the LCCI President Almas Hyder said that proposed committee should have representatives of the Chambers, Bar Associations, Market & Industrial Associations and Federal Board Revenue (FBR) as this is the only way to resolve the issue of undue raids at business premises and disrespect to the business community.

The LCCI President said that Section 38-B of Sales Tax Act, 1990 is
being misused by the officials of tax department. Tax officials are
visiting markets and godowns to unjustifiably harass the business
people. They not only raise unlawful demands but also carry all the
available records with them.

The LCCI Senior Vice President Khawaja Shahzad Nasir and Vice
President Faheem-ur-Rehman Saigal said that teams from tax department
should immediately stop visits to the markets, industrial units and
other business premises. If there is an urgent need for stock taking
and ascertaining the Sales Tax liability of any particular business
unit, the FBR officials should take association concerned or the
Lahore Chamber on board first.

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