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.
What about Interwood? They r also not paying due sales tax
Interwood is the biggest & only furniture brand which is the highest taxpayers in Pakistan. You can watch the video of Interwood CEO Mr. Omar Farooq on YouTube there he has explain about that.
Interwood is owned by Ex FBR person. They Must be paying.