FBR Stopped Shaheen Airlines Local Operations for not Paying Federal Excise Duty
The local operations of Shaheen Airlines have been stopped now. The reason is that they have no pay the Federal Excise duty of million rupees. The Federal Board of Revenue suspended the operations last night.
Last night Federal Board of Revenue (FBR) sent a letter to the Civil Aviation Authority (CAA). The letter contains all the details about amount payable on the name of Federal Excise Duty. The payable amount by Shaheen Airlines is approximately 521.397 million PKR. The Excise duty tax of the month March is unpaid by the airlines whose deadline was 15th March 3018. However, the Airline is unable to pay the required amount of the deadlines. Therefore, a notification was sent the Shaheen International Airlines for paying the tax but they don’t do so.
Statements in Letter:
As they don’t recover the Federal Excise Duty on the given deadline, a letter was sent to Shaheen Airline. The letter contains the following statement;
“In the duty excise of power confessed under rule 60, sub-rule (c) as Federal Excise Duty Rules. You are required to stop the local flight operations of Shaheen International Airlines. The operations will remain stopped will the recoverability of the mentioned amount. However, In the duty excise of power confessed under rule 60, sub-rule (c) as Federal Excise Duty Rules. You are required to stop the local flight operations of Shaheen International Airlines. The operations will remain stopped will the recoverability of the mentioned amount. However, they forward all the information regarding this through this office.
Moreover, they also directed a renowned bank to attach all the payable amounts of different accounts. Until the Shaheen doesn’t pay the government dues, attach all the bank rupee account attach to it. Remember, FBR takes this action under the law of FBR taxation policy. The law is based on the FBR Federal Excise Duty rule 2005 with Federal Excise Act 20055.
Statement of Shaheen Airlines Spokesperson:
The spoke person of the Shaheen International Airlines said that this delay is the usual and normal delay. There is no solid conflict between them and FBR. Furthermore, this decision doesn’t halt our regular operations. Shaheen pays millions of dollars per month in the name of taxes. We follow laws as we have law following identity. We are well aware of our duties and responsibility in this regards. However, Shaheen is clearing a huge amount of money on priories.
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