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October 11, 2019

FBR team raids offices of three unregistered furniture brands in Islamabad

Shahzad Paracha

Shahzad Paracha

October 11, 2019

FBR team raids offices of three unregistered furniture brands in Islamabad

Islamabad: The Directorate of Intelligence and Investigation, Inland Revenue, Federal Board of Revenue (FBR), raided on Thursday the premises of three unregistered furniture brands based in the capital city.

The authorities raided the premises following allegations the the businesses were involved in sales tax evasion.

According to available details, the three furniture houses targeted by Inland Revenue include WoodCastle, Woodhive, and Imbaco Furniture.

The three businesses have allegedly been unregistered and haven't been paying their due share of the taxes. According to officers who conducted the raids, all records of the said furniture brands were taken into custody by the team of the directorate.

Investigations are ongoing and detection of sales tax evasion amounting to hundreds of million rupees is expected, officials said.

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Shahzad Paracha
Shahzad Paracha

The writer is a member of Pakistan Today's Islamabad bureau. He can be reached at [email protected].

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