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SALES TAX FRAUD: STRONG FTO DIRECTIONS, WEAK ENFORCEMENT
The FTO has issued forceful recommendations to curb sales tax fraud involving fake and flying invoices, estimated to have caused losses exceeding Rs 15 billion. These directions include blacklisting STRNs, conducting complete chain audits, initiating disciplinary action against complicit officials, and deploying advanced IT-based alert systems. Despite the clarity of these instructions, the Federal Board of Revenue has yet to implement many of them, raising serious questions about institutional resolve and accountability.
