Skip to main content

PM for action to identify tax evaders, enforce tracing system

ISLAMABAD: Prime Minister Shehbaz Sharif while taking notice of delays in the implementation of Trace and Track System (TTS) in tobacco, sugar, cement and fertilizer industries on Monday ordered immediate action against tax defaulters and evaders.



The premier issued directives to the authorities concerned to form a committee to identify the hurdles in the implementation of TTS and those involved in tax theft within seven days.



A statement issued by the Prime Minister’s Off­i­ce (PMO) stated that the meeting was also attended by federal ministers Muh­a­mmad Aurangzeb and Ahad Cheema, Planning Commission Deputy Chai­rman Jehanzaib Khan, FBR Chairman Malik Amjad Zubair Tiwana and other senior officials.



The prime minister asked the officials about the reasons for the delay and said the system should have been made functional in major industries in the last two years.




Says track and trace should have been enabled in large industries two years ago




He said all legal impediments in the enforcement of the track and trace system should be removed.



The system should be enforced at all production lines of cement factories, and factories that resist the action should be immediately sealed, the PM ordered.



Besides increasing the revenue, TTS could be utilised to “curb counterfeit and substandard products”, the PM said and ordered actions against fake and unregistered cigarettes.



The meeting was told that the system was fully functional in 14 tobacco factories, whereas 12 others had been sealed for non-compliance.



The system was fully functional in all fertiliser industries, while there were some technical issues in implementing the TTS in sugar and cement factories, which were being addressed.



The FBR signed a contract in 2021 to operationalise the TTS in tobacco, cement, sugar and fertiliser sectors.



An official statement back then claimed that the system would include “im­p­lementation of a rob­ust, nationwide, electronic monitoring system of production volumes by affixation of more than five billion tax stamps on various products at the production stage”.



Action against smuggling



PM Shehbaz lamented that the country was already facing a precarious economic situation, and the mafia was causing losses for the national kitty.



To address the issues, the prime minister Shehbaz ordered the formation of a committee to identify hurdles in the system’s implementation.



The committee, which will submit its report in seven days, has also been tasked with presenting a proposal for enforcing automatic tax systems in large factories and industries.



The PM issued directives to seek help from international institutions to implement the TTS.



The prime minister also sought a comprehensive digital strategy to automate the entire system and ordered the authorities concerned to curb smuggling and that law enforcement agencies should assist FBR in this action.



The meeting was apprised that raids were being conducted on godowns across the country to curb smuggling.



Published in Dawn, March 26th, 2024


http://dlvr.it/T4cjxw

Comments

Post a Comment

Popular posts from this blog

3 drug pushers, bootlegger held

Islamabad :Islamabad Industrial Area Police have arrested three drug pushers and a bootlegger besides recovery of narcotics and 120 liter liquor from them, a police spokesman said.According to details, a police team of Industrial Area police station arrested three drug pushers namely Kamran, Irfan and Shamoon Masih and recovered 320 gram heroin and 210 gram hashish from them,.Another police team arrested a bootlegger namely Ansar Javed and recovered 120 liter wine, bottles, stickers and brewing equipment from him. Cases have been registered against these nabbed persons and further investigation is underway from them.SP (Industrial Area) Zubair Ahmad Shaikh has said that Industrial Area zone police is doing its job efficiently and crackdown against criminals would be continued.Despite the sit in, he said Islamabad Police has been performing its duty quite efficiently and has successfully managed to maintain the daily life in the Capital.In this regard, Senior Police officers including S...
Post a Comment
Read more

‘Aziz Bhatti Shaheed My Brother, My Hero’

Real heroes are heroes of every one. They are not controversial. Nations love them more than anything. Major Aziz Bhatti Shaheed is among those real-time heroes of 1965 War, who not only stood firm to face the enemy aggression but also repulsed it with his unprecedented courage. He gave his life while defending the frontiers of motherland but never let the enemy succeed in its nefarious designs. The proud nation awarded him with ‘Nishan-i-Haider’, the biggest gallantry award of the country. Now that more than 54 years have passed, since he embraced Shahadat, he continues to live in the hearts of each and every Pakistani. Aziz Bhatti is remembered with love and affection. Nation observes his Yaum-e-Shahadat on 12th of September in a befitting manner.This year was significant in a sense that his younger brother Sardar Ahmed Bhatti (95 years old now) presented this nation a book named ‘Aziz Bhatti Shaheed My Brother My Hero’. This book is classic and unique in a way that it unearths many ...
Post a Comment
Read more

Pragmatic steps taken to implement Axle Load Control regime on NH&MP

Islamabad: Ministry of Communications has taken pragmatic steps to implement the Axle Load Control regime on Motorways & National Highways in the country. Sole objective of this move is to control travelling of overloaded vehicles which lead to fatal accidents besides damaging the national asset of road network of billions of rupees.Prior to implementation of axle load control regime, a technical committee was formed, consisting of officers from Ministry of Communications and National Highway Authority which remained in constant contacts with transport community, Members of the Chambers of Commerce and stakeholders hailing from all the provinces. This technical committee visited their offices and held detailed discussions in series of meetings and took them into confidence to facilitate implementation of Axle Load Control regime. The stakeholders assured of their full cooperation and subsequently, implementation of Axle Load Control was realized which is in progress.It is worth to ...
Post a Comment
Read more