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The Federal Board of Revenue (FBR) has constituted a joint committee for monitoring, vigilance and scrutiny to control illicit trade of tobacco sector and other specified goods, i.e, beverages, sugar, fertilizers and cement.
According to the notification issued here on Tuesday, the joint committee for monitoring, vigilance and scrutiny of the specified goods sector is constituted with immediate effect. The committee comprises DG Intelligence & Investigation (IR), Chief Coordinator, IREN, FBR, Central Field Coordinator, IREN, Coordinator Karachi Enforcement Hub, Coordinator Islamabad Enforcement Hub, and Coordinator KPK Enforcement Hub.
For proper monitoring, vigilance and scrutiny of the specified goods sector, the joint committee shall develop the detailed enforcement roadmap. Its enforcement mechanics would be based upon the prevailing laws, rules & regulations, emerging trends of tax evasion and remedial combating strategies adopted by "IR Enforcement Network"- an enforcement network being established along with detailed terms of reference through a separate order by the Board, in accordance with the requirement of Licensing Rules issued vide FBR's SRO250(I)/2019 dated 26.02.2019 to control illicit trade of tobacco sector and other specified goods i.e. beverages, sugar, fertilizers and cement.
The joint committee would meet at FBR headquarters on quarterly basis. All such meetings would be convened by the Chief Coordinator, Inland Revenue Enforcement Network (IREN), FBR. The central field coordinator would act as secretary of the committee.

Copyright Business Recorder, 2019

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