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FBR suspends Shell Pakistan registration over tax fraud

By Web Desk
April 26, 2018

KARACHI: The Federal Board of Revenue (FBR) Thursday suspended sales tax registration of Shell Pakistan for deliberately committing tax fraud to evade tax.

The order to suspend the registration was issued by the Large Taxpayer Unit after it was concluded that the ‘oil company has concealed the stock of lubricating oil in Returns filed during the period of Dec-2016 to Feb-2018, which comes to the meaning of tax fraud’.

The notification further stated: “It is noteworthy that the Registered Person continued the fraudulent practice till last Return filed for the month of March 2018, in order to safe guard the Government Revenue, this office immediately order for suspension of Sales Tax Registration of M/s. Shell Pakistan Limited under Section 21(2) of Sales Tax Act, 1990 read with Rule 12 (a) (i) of the Sales Tax Rules 2006 read with SRO SSS (1)/2006 dated 05-06-2006.