Rs 31 billion sales tax, FED arrears: massive recovery drive launched

ISLAMABAD (April 22, 2009): Total pending sales tax and federal excise duty (FED) arrears were approximately Rs 31 billion on March 31, 2009 for which a massive recovery drive has been launched in the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) across the country. Sources told Business Recorder on Tuesday that the FBR has taken serious notice of the accumulation of sales tax and federal excise arrears during 2008-09.