Millat Tractors Challenges FBR’s Rs18bn Tax Demand: Calls it “Unrealistic and Illegal”

• Millat Tractors challenges FBR’s Rs18bn sales tax demand
• Millat calls the demand “unrealistic and illegal”
• FBR raised the demand in line with President Zardari’s order
• FBR completed an audit of the company
• Millat Tractors will contest the order through appellate forums
• Millat warns that unrealistic tax demands hurt businesses and investment climate

Source: brecorder.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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