SRB suspends sales tax registration of shipping company

SRB suspends sales tax registration of shipping company

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of a shipping company for defaulting payment and failure to file monthly returns.

According to a notification, the SRB suspended registration of M/s. Adam Shipping (Private) Limited for defaulting payment and non-compliance of return filing for months of March 2015 and April 2015, November 2015 to January 2020.

The SRB said that owing to such default the sales tax registration of the company suspended with immediate effect.

The SRB said that the suspension shall be revoked if the company takes remedial action by March 05, 2020.

The SRB further said that in case of non-satisfactory response or failure to take remedial measures as suggested by the given date, the case shall be further proceeding for cancellation of the company registration with the SRB.

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