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Wednesday , August 23 2017
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LTBA demands new sales tax registration system

LTBA demands new sales tax registration system

LAHORE: Lahore Tax Bar Association (LTBA) has demanded of FBR to immediately come up with new sales tax registration system after the failure of computerized risk evaluation programme for sales tax. LTBA said that taxpayers are facing difficulties due to the computerized programme. The Association also urged the Board to dispose of pending audit cases.

These views were expressed by the office bearers of the LTBA at a seminar arranged by the Bar with regard to sales tax.  LTBA President Qari Habib ur Rehman Zuberi claimed that PRAL has no authority to suspend the companies.
He said step of suspending over 3100 companies is unlawful and it will incur loss of billions of rupees to the national exchequer.