Utility Store Corporation of Pakistan (USC), a Non-Profit Organization (NPO) working with the government subsidy grant, has paid more than Rs 5 billion tax during a five month period from 2012 to 2016.
“The USC had declared the input tax paid against purchases during the period amounting to Rs5,049,948,999/- and shown in the Sales Tax Returns filed,” the corporation said in a news release here on Friday while sharing details a complaint it filed with the Federal Tax Ombudsman (FTO).
The complaint contains alleged ‘mal-administration and mis-representation’ by Muhammad Fiaz Hussain Deputy Commissioner Inland Revenue (DCIR), Large Taxpayer Office (LTO) Islamabad during a pending appeal filed by the USC related to tax period from 2012 to 2016 on the following grounds.—APP
