The Federal Board of Revenue (FBR) is gearing up for a nationwide crackdown on non-custom paid cars, aiming to generate billions in taxes, according to sources reported by ARY News on Tuesday. This decision comes in response to the directives of the caretaker prime minister, and the FBR, in collaboration with law enforcement agencies (LEAs), is set to take decisive actions against non-custom paid vehicles.
As part of the crackdown, custom duties will be charged after seizing non-custom paid cars, contributing significantly to tax revenue. The FBR also plans to take action against excise staffers found violating the orders.
In a related development, the Federal Investigation Authority (FIA) has intensified its scrutiny of car showroom owners, launching a trade-based money laundering investigation. A special FIA team has initiated the investigation in Karachi, issuing notices to four showroom owners who are summoned to provide a complete record of car imports from January 1, 2021, onwards. Failure to comply with the notice may result in legal action against the implicated car showroom owners. This multi-pronged approach underscores the government’s commitment to curbing tax evasion, smuggling, and illicit financial activities in the automotive sector.
