Sunday , August 18 2019
Breaking News
Home / Tag Archives: SRB

Tag Archives: SRB

SRB keeps ‘criminal silence’ over huge ST evasion by QICT, Maersk: Advocate Abdul Basit

20190710_171252

PESHAWAR: Sindh Revenue Board’s criminal silence over sale tax evasion by M/s Maersk Pakistan Private Limited inflicted at least Rs 20170 billion loss on the national exchequer. Sale tax evasion by M/s Maersk shipping line in connivance with Qasim International Containers Terminal (QICT) operator and some officials of Sindh Revenue Board caused serious loss to the national exchequer. Advocate at Peshawar ... Read More »

NAB, FIA must take action against Maersk, QICT to recover billions of rupees ST: Advocate Ijaz Ahmed

IMG-20190712-WA0032

FAISALABAD: National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) must take action against M/s Maersk Pakistan (Pvt) Ltd and Qasim International Container Terminal (QICT) for recovering alleged billions of rupees evaded in wake of sales taxes to protect the national economy. It was stated by Faisalabad Tax Bar Association Member Choudhary Ijaz Ahmed advocate while talking to Customs Today ... Read More »

QICT, Maersk evading billions of rupees sales tax with SRB connivance?

SRB collects record Rs 6 copy

KARACHI: Top officials of Sindh Revenue Board (SRB), Qasim International Container Terminal (QICT) and M/s Maersk Pakistan (Pvt) Ltd are allegedly involved in country’s biggest ports and shipping scandal worth billions. SRB’s active connivance with QICT and Maersk is suspected as it is not taking any action against these companies for evading billions of rupees sales tax. Sources said QICT ... Read More »

NAB authorises inquiry against Maersk, QICT, SRB in multi-billion scam case

????????????????????????????????????

KARACHI: The National Accountability Bureau (NAB) has authorised inquiry against officials of Sindh Revenue Board, QICT and M/s Maersk Pakistan (Pvt) Ltd in country’s biggest shipping scandal involving 400 billion rupees. The NAB received the complaint with subject: Building dams by recovering losses of more than Rs 400 billion from officials of port terminals like Qasim International Container Terminal (QICT) ... Read More »

After Maersk, PIL & Pacific Delta also evaded ST worth billions with SRB connivance

S S Teo 1

KARACHI: After uncovering of the alleged scam of Maersk Pakistan (Pvt) Ltd, now it has been unearthed that Pacific International Lines (PIL) along with its agent in Pakistan, Pacific Delta Shipping Pvt. Ltd, have also reportedly evaded sales tax to the tune of billions of rupees. Customs Today reported extensively about alleged mega sales tax scam of Maersk Pakistan (Pvt) ... Read More »

NAB asked to probe Maersk Pakistan, PIL in multi-billion demurrage & detention scam

????????????????????????????????????

KARACHI: The National Accountability Bureau (NAB) has received an application against M/s Maersk Pakistan (Pvt) Ltd and also against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the NAB demanded legal action for recoveries of amounts looted and recovering ... Read More »

Chief Secretary orders SRB to probe Maersk Pakistan’s mega sales tax scam within 15 days

Chief Secretary Sindh

KARACHI: Customs Today unearthed mega sales tax scam of Maersk Pakistan (Pvt) Ltd where the company in connivance with its agents, audit firms and some officials of Sindh Revenue Board evaded billions of rupees sales tax in terms of services provided to its local clients. After extensive coverage of the issue by Customs Today, the Sindh Chief Secretary through diary ... Read More »

NAB, FIA should take rigorous action against M/s Maersk Pakistan for non-cooperation

IMG_20181128_141009

MULTAN: Tax authorities should take rigorous action against M/s Maersk Pakistan (Pvt) Ltd. for non-cooperation with audit teams of the Sindh Revenue Board (SRB) as the company is adopting delaying tactics in providing mandatory tax record for investigation. Intentional delay and non-cooperation from M/s Maersk Pakistan (Pvt) Ltd in providing tax record to audit team showed their criminal intent and their ... Read More »

Biggest ever Sales Tax fraud: NAB asked to recover billions from Maersk Pakistan

Arsalan Khan

KARACHI: The National Accountability Bureau (NAB) is asked to intervene and investigate the biggest sales tax fraud of M/s Maersk Pakistan (Pvt) Ltd to recover billions of rupees ‘evaded’ money as the company is not cooperating with the Sindh Revenue Board (SRB) for audit. Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said audit of M/s Maersk Pakistan (Pvt) Ltd ... Read More »

Sales tax mega scandal: SRB Commissioner vows stern action against Maersk Line

intr

KARACHI: Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said that stern action would be taken against M/s Maersk Pakistan (Pvt) Ltd after completion of audit by the Board as it is found that the company ‘evaded’ sales tax on services worth billions of rupees. Talking exclusively with Customs Today, Amir said that the Board will definitely issue a show ... Read More »

Customs Today exposes Maersk sales tax mega scam, SRB starts audit

SRB Khalid Mehmood

KARACHI: Pakistan’s biggest ever fraud of sales tax is exposed by Customs Today where M/s Maersk Pakistan (Pvt) Ltd has evaded billions of rupees sales tax in terms of services provided to its local clients. After Customs Today unearthed this mega scam of sales tax, Chairman Sindh Revenue Board (SRB) Khalid Mehmood has finally decided to conduct audit of Maersk ... Read More »

A.F. Ferguson may face criminal charges in Maersk sales tax mega scandal

Arsalan Khan

KARACHI: Country’s biggest audit firm A.F. Ferguson may face criminal charges in sales tax mega scam of Maersk shipping line as Centre for Investigative Journalism (CIJ) has appealed to the Supreme Court of Pakistan to take necessary legal action and start criminal proceedings against Maersk shipping line and audit firms including A.F. Ferguson and Co. The investigation agencies needed to ... Read More »

Pakistan’s biggest ever Sales Tax fraud: NAB, FIA asked to probe Maersk, SRB connivance

Arsalan Khan

KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients whereby businessmen of Pakistan have appealed to NAB and FIA to intervene and investigate connivance of Maersk and Sindh Revenue Board in the alleged mega scandal. According to details, Maersk ... Read More »

FBR, SRB and PRA ink MoU on cross adjustment of ST

MoU

ISLAMABAD: The Federal Board of Revenue (FBR), Sindh Revenue Board (SRB) and Punjab Revenue Authority (PRA) signed a memorandum of understanding (MoUs) to ensure cross adjustment of sales tax on goods and services levied by the federal and provincial governments. The MoU signing ceremony was held at the FBR House in the presence of Finance Minister Ishaq Dar. The MoUs ... Read More »

Cross adjustment of ST: Draft MoU between FBR, SRB ready

FBR-and-SRB

ISLAMABAD: The Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) have agreed that any person making supplies of taxable goods under the Sales Tax Act, 1990 will be allowed to adjust sales tax paid on taxable services received by him during business from a person working under Sindh Sales Tax on Services Act, 2011. According to draft of ... Read More »