FBR RECONSTITUTES TEAM TO WORK ON VAT LEVY FROM NEXT YEAR

ISLAMABAD, Sep. 17, 2009: Federal Board of Revenue (FBR) has reconstituted a team set up to deliberate, study and come up with a comprehensive plan to enforce value added tax (VAT) from July next year.
The team earlier set up through a board’s order on July 2, 2009 has been reconstituted to include Mr. Asrar Raouf (BS-21) of Income Tax Group as chairman of the team while members include Khawaja Tanvir Ahmed (BS-20) of Customs & Excise Group, Mr. Ibrar Ahmed Khan (BS-20) of Customs & Excise Group, Dr. Muhammad Iqbal (BS-19) of Income Tax Group, Dr. Tariq Masood (BS-19) of Income Tax Group, Mr. Mustafa Kamal (BS-19) of Income Tax Group, Mr. Ghulam Ai Malik (BS-18) of Customs & Excise Group, and Dr. Iftikhar Ahmad (BS-18) of Customs & Excise Group. The team has been tasked to interact with the private sector and trade bodies to take their input for the formulation of a comprehensive plan to enforce VAT from next fiscal year.

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