Heading: SRB seals restaurant, event management company for tax evasion - 2024-04-26
KARACHI: The Sindh Revenue Board (SRB) on Thursday took strict action against tax evasion, sealing the premises of a restaurant branch in DHA’s Do Darya area as well as an event management company located on Khayaban-e-Bukhari in Phase VI, DHA, Karachi. According to details released by the SRB, the entities were found to have significantly underreported their sales figures, resulting in evasion of due amounts of Sindh Sales Tax (SST). They had also failed to file the statutorily required tax returns despite repeated notices and advice from the board. The restaurant branch did not integrate its sales with SRB’s point-of-sale invoicing system as mandated, even after multiple…