Shaheen Airline Local Flight Operations Suspended over Failure to pay Federal Excise Duty
Shaheen Airlines has failed to pay its outstanding contributions to Federal Accise Duty,amounting to a massive Rs. 521 million , and gets barred from the continuation of his flight operations by the government.
The notice, signed by the deputy Commissioner of Inland Revenue (Farva Abid) , says that
The local airline is well ahead the deadline for meeting its dues. It reads:
The recovery of Federal Excise Duty amounting to Rs. 521.397 M is recoverable from M/s. Shaheen Air International Limited under Federal Excise Act. 2005 read with Federal Excise Rules, 2005.
It states that the duty was payable for the month of March 2018.
Following the Sub-rule (C) of rule-60 of FER (fedral excise rules) 2005,Shaheen Airline cannot continue to operate its flights until it pays the outstanding debt.
This could mean a gigantic misfortune influencing factor for the carrier, as even couple of hours of inertia to can seriously and antagonistically influence organizations the measure of Shaheen Airline.
The notice further states that Shaheen Airline is required to “stop removal of any goods” from its premises until of course, “the amount of duty is paid or recovered in full.”
Pakistan’s nearby transportation division has dependably been in a pathetic state, be it carriers or between city transport/van systems, neither the experts nor the neighborhood organizations give any respect to client administration, security, or even obvious and reasonable business philosophies.