KARACHI: (HRNW) Federal Board of Revenue (FBR) on Thursday sealed five shops in Karachi for not depositing the collected tax with the national exchequer.
According to the details, FBR Corporate Tax Office Karachi took action against the point-of-sale (POS) registered vendors in Karachi’s Tariq Road market, found guilty of evasion of government tax.
The FBR officials sealed five shops in Tariq Road for not following the standard operating procedure which was released by the Federal Board of Revenue regarding depositing the tax.
The sealed shop owners are accused of charging customers with sales tax on every sale linked to the POS but not depositing it with the national exchequer.