Quantcast
Wednesday , August 23 2017
Breaking News
Home / Lahore / Taxpayers urge govt to allow PRA to collect excise duty
Taxpayers urge govt to allow PRA to collect excise duty

Taxpayers urge govt to allow PRA to collect excise duty

 

LAHORE: Taxpayers have urged the government to issue a notification, allowing Punjab Revenue Authority (PRA) to collect federal excise duty as after the 18th Amendment it becomes the right of the provinces to collect FED.

The Federal Board of Revenue (FBR) had started collecting the duty in 2006 but following the amendment, the federal excise duty should be collected by the province that is being collected by the FBR. The situation has created confusion among the taxpayers to whom the tax should be deposited. According to Large Taxpayer Unit, the government has not issued notification in this regard. Hence the FED will be collected by the FBR.