ISLAMABAD: Directorate General Intelligence & Investigation Inland Revenue (DGI&I IR) has started taking action against the hotels involved in sales tax evasion and federal excise duty (FED).
In spite of being the luxurious and most expensive, some hotels and restaurants situated in the federal capital’s posh areas are paying minimal taxes and causing huge revenue loss to the exchequer.
The preliminary probe conducted by the DGI&I IR has exposed gross under-declaration by the Islamabad hotel industry. After taking notice, the Directorate General I&I IR has started struggle to bring this commercial industry into tax net.
The Directorate of Intelligence and Investigation Inland Revenue has also started scrutinising the case of a famous guest house in the capital city and found that the guest house has not paying Sales Tax since July 2009. The Directorate General, under section 38 of the Sales Tax Act, 1990, has taken the record of the said guest house into custody. The case has now been sent to the Regional Tax Office concerned for further action.