ISLAMABAD: The Auditor General of Pakistan (AGP) has detected irregularities in sales tax, income tax and federal excise duty worth over Rs124 billion during scrutiny of receipts and expenditures of taxes.
In its audit report for 2013-14 on Federal Board of Revenue’s inland revenue taxes, the report identified 217 taxpayers who were liable to be registered under sales tax, having revenue implication of Rs2.043bn. But it was not done.
This report includes audit observations in respect of compliance with authority, audit of receipts and expenditure relating to Inland Revenue 2012-13 audited between July and December 2013. It also includes audit for fiscal year 2011-12, audited between January and June 2013.