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Tag Archives: Sindh Revenue Board (SRB)

Maersk CEO Soren, MD Aruna, DP World chairman Sultan Sulayem, CEO Junaid continue to bleed Pakistan

KARACHI: Traders, Importers, and Customs Agents have not been extended any relief in demurrage and detention charges despite the government has been repeatedly reminded of the high-handedness of port terminals DP World / QICT and shipping lines Maersk Pakistan Pvt Ltd amid Covid-19 which has destroyed the entire fabric of national economy. Maersk Shipping Line’s CEO Søren Skou, Maersk Pakistan ... Read More »

Customs Today exposes mega scam: SRB admits sales tax recoverable from Maersk with worldwide $149.407b sales

KARACHI: Customs Today exposed mega sales tax scam of M/s Maersk Pakistan (Pvt) Ltd and now Sindh Revenue Board (SRB) also confirmed it would recover evaded sales tax from the company after completion of audit. Maersk Line provided $149.407 billion (around Rs 20,170 billion) worth of services provided to clients across the world during last 6 years but subsidiary of ... Read More »

Attack on JIAP: Importers without recourse to get back paid duty, tax amount

KARACHI: The terrorists’ attack on Karachi airport on the night of June 9 last, has not only resulted in the destruction of imported goods worth billions of rupees but have also left hundreds of importers without any recourse to get back over Rs69 million paid in head of customs duty and tax to the Sindh government for the goods they ... Read More »

SRB sets to achieve ST target with 25pc increase

KARACHI: The Sindh Revenue Board (SRB) will meet its sales tax collection target of Rs42 billion for the outgoing fiscal year, showing an increase of 25 percent against the last year’s collection of Rs33.6 billion. As per details, experts see the increase in tax collection through SRB as a welcome sign, but they are of the view that the Sindh ... Read More »

ST on services: SRB sets ambitious Rs100b target for FY 17-18

KARACHI: The Sindh Revenue Board (SRB) has set a collection target of Rs100 billion for sales tax on services for the fiscal year 2017-2018. Addressing the SRB Tax Forum, its Chairman Tashfeen K Niaz said that the provincial tax collection authority had collected some Rs108 billion since 2011. He informed that the SRB had registered 7,383 taxpayers so far. He ... Read More »