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Published 20 Jan, 2017 07:28pm

FBR, Sindh govt to reconcile data before sales tax adjustments

Sindh Chief Minister Murad Ali Shah on Friday told Minister for Finance Ishaq Dar that at-source deduction of sales tax by the Federal Bureau of Revenue (FBR) from Sindh government's national revenue share was "unjustified".

Shah said FBR had withdrawn Rs4 billion directly from the Sindh government's account this year against the "assumed payment of sales tax" without consulting officials, stated a press release issued by his office.

Shah said the numbers should be checked with the Sindh government before the funds are deducted.

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The finance minister in turn told Shah that he would direct FBR to meet the provincial secretary for finance and reconcile the contested amounts, the press release said.

"The FBR will return the amount if it has withdrawn more money than the actual estimate," Dar assured.

The two lawmakers also agreed that moving forward, officials of the FBR as well as the Sindh government would hold quarterly meetings to reconcile sales tax figures before any amount is deducted.

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