FBR accused of implicating big industrialists in cases

By: News Desk      Published: 11:24 PM, 18 Dec, 2020
FBR accused of implicating big industrialists in cases
Sources say Large Taxpayers Office of FBR in Lahore has plans to register at least 27 FIRs against big industrialists.–File photo

The Federal Board of Revenue (FBR) has blamed technical faults in the FASTER and other systems on well-known industrialists and got FIRs registered against them. 

The FBR has got FIRs registered against industrialists like Hamid Zaman, Tariq Saeed Sehgal, Arif Ejaz and Waleed Sehgal who pay the country billions of rupees in taxes. FIRs have also been registered against Denim Group Director Mian Muhammad Ihsan, CFO Afnan Mansoor, Directors Javed Ashraf Bhatti, Muhammad Umar, Muhammad Siddique Bhatti, Umar Ihsan, Ali Ihsan, Muhammad Saqib, and Shoaib Javed. 

At least 10 cases have been registered against big industrialists of the country at the Large Taxpayers Office of the FBR in Lahore and now raids are being conducted to arrest these industrialists. According to sources, the Large Taxpayers Office has plans to register at least 27 FIRs against big industrialists

Top figures at Izhar Steel Mills, Sarena Textile Industries and Kohinoor Textile Mills are among those who have been implicated in these cases. A case has been registered against the CEO of the Sarena Textile Industries over non-payment of sales tax and input adjustment. 

Sarena Textile Industries CEO Hamid Zaman says accountability of the FBR is need of the hour. He says that refunds amounting to billions of rupees are not paid for years. He says the FBR has held industrialists responsible for technical faults in the taxation system. He says those who pay taxes honestly are implicated in cases. He says the FBR takes no action against unregistered businessmen. 

An FIR has been registered against the CEO and directors of the Kohinoor Textile Mills over non-payment of sales tax and input adjustment. A case has been registered against Kohinoor Textile Mills CEO Taufiq Saeed Sehgal at the Large Taxpayer Office of the FBR located on Lawrence Road in Lahore. Kohinoor Textile Mills Directors Tariq Saeed Sehgal, Saeed Tariq Sehgal, Arif Ijaz and Waleed Sehgal have been implicated in cases. 

Syed Mohsin Raza Naqvi, director of the Zameer Industries, Mian Daniyal and Taufiq Sehgal have also been named among these people. M. Khurshid Anwar, director of sales at the Kohinoor Textile Mills, has also been booked over sales tax evasion