The Federal Board of Revenue’s Directorate General of Intelligence and Investigation, Inland Revenue (IR), is investigating a cosmetics firm for tax evasion.
According to sources, the DG I&I-IR is investigating Forvil Cosmetics for tax evasion. FBR revoked the company’s sales tax registration.
The Federal Board of Revenue’s Directorate General of Intelligence and Investigation, Inland Revenue (IR), is investigating a cosmetics firm for tax evasion.
According to sources, the DG I&I-IR is investigating Forvil Cosmetics for tax evasion. FBR revoked the company’s sales tax registration.
FBR had previously blocked Forvil Cosmetics Private Limited’s bank accounts due to tax evasion by a controlling partner’s relative. The government is auctioning the company’s properties to collect taxes.
According to records, the DG I&I IR Islamabad has written to I&I-IR Lahore and Peshawar about Forvil Cosmetics’ tax cheating.
According to the FBR database, the corporation operates in Islamabad, Peshawar, and Lahore. Islamabad has asked Lahore and Peshawar for information.
Directorate I&I-IR Peshawar has asked RTO Peshawar for data on the past five years’ revenue, as well as sales tax audits, assessments, and recovery positions.
For the latest Business & Tech news, follow us on Facebook, and Google News. For the latest news on business & technology
