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05 December 2008 The on-line newspaper devoted to the world of transports 18:37 GMT+1



March 6, 2002

Revenue Board probing ship breaking industry over billions in evaded sales tax

Sohail Sarfaraz

ISLAMABAD (March 06 2002) : The government has unearthed what may be the biggest tax evasion scam ever of the country involving the entire ship-breaking industry of Karachi and Gaddani, and ordered the Central Board of Revenue (CBR) to investigate the volume of sales tax swallowed by this mega-industry.

This large-scale evasion was made possible ......
Read more on Business Recorder



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