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FBR Implements Stricter Oversight for Sales Tax Collection via Bank Accounts

  • FBR has introduced new guidelines for sales tax and FED collection through bank account attachments
  • Field offices need approval from designated committees before proceeding with attachments
  • Committees composed of senior Commissioners and chaired by Chief Commissioner Inland Revenue
  • Attachments can only proceed in absence of legal stay or restraining order
  • Emphasis on lawful procedures, proper service of notices, and taxpayer rights
  • Recovery efforts must halt if restraining order or stay order is received
  • Zonal Commissioners urged to exhibit prudent judgment in elevating matters to higher judicial platforms
  • Aim is to ensure fairness, legal compliance, and administrative efficiency in tax collection
  • FBR aims to strengthen trust between taxpayers and tax administration through these changes.

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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