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Saturday, May 29, 2010

A DELEGATION COMPRISING PRESIDENT/EXECUTIVE MEMBERS

A delegation comprising President/Executive members of the Steel Industry both melters and re-rolling called upon the Chief Commissioner Inland Revenue, Regional Tax Office, Lahore for the redressal of their problems relating to sales tax both refund and audit and non-payment/under payment of sales tax by the several steel furnaces. The meeting was also attended by the Commissioners Inland Revenue, Enforcement & Collection Division-I, II & III, RTO, Lahore respectively. It was decided that the steel industry would nominate a facilitator which would coordinate with the department’s nominated liaison officer to create better understanding of the issues and ensure confidence building measures by taking

stern action against the defaulters who are not paying their due amount of tax. The department promised to provide the steel industry an electronic access to the Data Base and gave all to them a level playing field. It was assured that as the functional integration/harmonization of taxes has been made viz a viz sales tax, income tax and federal excise, efforts would be made to make the system work smoothly and efficiently in solving the taxpayers genuine problems through one window operation i.e. One officer would be dealing with all the issues relating to three taxes. The meeting ended with the vote of thanks by the Steel Association to the chair for patiently hearing their genuine grievances and ensuring to resolve them on priority basis.

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