Bank accounts of media group attached

07 Feb, 2019

Large Taxpayers Unit (LTU), Karachi has attached the bank accounts of a private television (not Aaj TV) to recover pending sales tax dues of around Rs. 447 million. The dues including default surcharge and penalty amounting to Rs. 447 million were recoverable from this private television on account of liability of sales tax, which has thus far not deposited in the national exchequer.
Therefore, the LTU, Karachi under section 48(1) (b) of the Sales Tax Act 1990 issued a notice to the branch manager of a private bank for attachment of all bank accounts maintained in the name of this private television for the recovery of government dues.

Read Comments