ISLAMABAD: Federal Board of Revenue (FBR) has asked the authority to block the transfer, sale, and sub-leasing of the copyright, trademark, patent etc of Bio Amla and others owing to the default of sales tax, it was learnt reliably.
A copy of FBR’s notice for attachment of movable properties U/S 48(1) (e) of the Sales Tax Act, 1990 sent to the Registrar, Intellectual Property Organisation of Pakistan (IPO) dated October 11, 2017 available with Pakistan Today reveals that FBR has requested IPO to block the copyright, trademark, patent etc of Bio Amla and others as the owners are defaulter of sales tax of Rs 310,782,22. Since tax recovery is pending against these defaulters, therefore block the transfer, sale, sub-leasing of the copyright, trademark, patent etc. of the Bio Amla and others, said the notice.
The FBR has also asked the IPO that an NOC (No Objection Certificate) from this office should be obtained before initiation of any kind of proceedings with respect to transfer, sale, sub-leasing of copyright, trademark, patent etc. of the Bio Amla and others.
Assistant Commissioner Inland Revenue Lahore has also informed the registrar IPO through the notice that copyright, trademark, patent etc. of the Bio Amla and others are registered in the names of Khalida Parveen CNIC 35202-2443771-4, Wamiq Zaka CNIC 35202-7902309-5, Zaka-ud-Din Sheikh CNIC 35202-2568971-9 and Zunair Ahmed CNIC 35202-5257260-5. And, these owners are in process of disposing of, selling, sub-leasing of their copyright, trademark, patent etc, said the notice.
Sources aware of the development informed that an appellate tribunal has rejected the plea of Zaka-ud-Din Sheikh in sales tax default case so FBR has initiated this strict action against the registered owners of Bio Amla and others. They said FBR Lahore has also constituted a team comprising Corporate Tax Office Commissioner Somia Ejaz, Asim Raza Recovery Officer and I&P Deputy Commissioner Lahore Muhammad Imran to initiate action against the said accused. This team has already confiscated a Parado vehicle worth around one crore besides freezing property and bank accounts of these accused. Zaka-ud-Din Sheikh is also allegedly involved in making business with different names and evading taxes, said sources.
According to sources, the IPO has intimated the Inland Revenue assistant commissioner Lahore about the receiving of the notice.
