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PIA declared non-filer of FED and sales tax returns

MM News Staff by MM News Staff
January 26, 2022
pia

There are reports that Pakistan International Airlines (PIA) has occurred as a non-filer of Federal Excise Duty (FED ) and Sales Tax (ST) returns.

Since December 2020, PIA has been occurring with arrears running into the billions of rupees. According to details available with Business Recorder, PIA has to pay taxes to the tune of Rs26.16 billion to the Federal Board of Revenue (FBR), out of which an amount of Rs7.982 billion has been put off by the Economic Coordination Committee (ECC) of the Cabinet.

However, orders of no-stay to the amount of Rs16.045 billion have still not been recovered, it was learned. These amounts have been piling up since 2017. Separately, income tax recoverable has reached Rs2.13 billion, accumulating gradually since the Tax Year 2015 all the way through to date.

The recovered amount is a meager Rs495 million so far.  Earlier this month, Aviation Minister Ghulam Sarwar Khan informed the Senate that a total of 819 PIA employees have been dismissed from service on the basis of fake/bogus/tempered academic documents and their cases referred to FIA (Federal Investigation Agency) for criminal proceedings.

According to th aviation minister, the cases against the remaining 21 employees, out of 840 employees, were underway.

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