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FBR evolves strategy to combat fake invoices

ISLAMABAD: Federal Board of Revenue (FBR) to review performance of tax offices regarding action taken against fake and flying invoices which caused huge monetary losses to the exchequer in the shape of issuance of bogus sales tax refunds.

Sources on Saturday said that FBR chairman Muhammad Javed Ghani would chair an important meeting during his visit to Karachi scheduled for February 22, 2021.

There is one-point agenda of the meeting i.e. “Fake invoices – Action taken so far and future strategy to combat it.”

All chief commissioners of the tax office in Karachi have been asked to attend the important meeting.

The sources said that the chief commissioners would make presentations on issues of fake invoices and strategy to combat the same.