Federal Board of Revenue, authority responsible for collection of taes, has attached all bank accounts of Mobilink, while blocking all imprts for the company, said a statement issued by FBR today.
In the statement, it is said that Pakistan Mobile Communication ltd. (Mobilink) owed Rs. 8.6 billion to the exchequer on accont of mis-declaration of Sales tax and FED, for which Mobilink had appealed th Incom Tax Appellate Tribunal for a hold.
However, the Income Tax Appellate Tribunal recently upheld the decesion of LTU, Islamabad and confirmed the payable tax amount of Rs. 8.6 billion rupees.
Mobilink on this situation said that, it is in process of evaluating the situcation, and their clarification on the development will come in short time.
Sources said that FBR will noe de-attach accounts only after recovering axes and owed funds from Mobilink. FBR had carried out a similar operation for collection of taxes from PTA last year.