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HomeBusinessMILLAT TRACTOR LIMITED CLARIFIES: NO RS. 5.4 BILLION FINE, SALES TAX ISSUES...

MILLAT TRACTOR LIMITED CLARIFIES: NO RS. 5.4 BILLION FINE, SALES TAX ISSUES NEAR RESOLUTION

Millat Tractor Limited ne haal hi mein ek bayaan mein Daily Dawn ke news article ko rad kar diya, jisme kaha gaya tha ke Federal Board of Revenue (FBR) ne company par 5.4 billion rupay ka fine lagaya hai sales tax audit discrepancies ki wajah se. Company ne wazeh kiya ke yeh khabar ghalat hai aur FBR ne ab tak aisa koi fine nahi lagaya.

Mazeed, Millat Tractor Limited ne tasdeek ki ke unhe sales tax se mutaliq show cause notice mila hai. Lekin company ka kehna hai ke notice mein uthaye gaye ziada tar masail ka faisla pehle hi Lahore High Court, Federal Tax Ombudsman (FTO), aur President of Pakistan ne kar diya hai. In faisalon ke madde nazar, company ka manna hai ke yeh mamlat ab khatam samjhe jane chahiye.

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