521.397 M is recoverable from M/s. But Air Sial isn’t the only one taking advantage of the country’s fast-growing aviation market. 521 million, and is getting barred from continuing its flight operations by the government.The notice, signed by Farva Abid – the Deputy Commissioner of Inland Revenue, says that the local airline is well ahead the deadline for meeting its dues. Shaheen Air yet to pay Rs1.34bn in dues to CAA; CEO summoned by SC. Shaheen Air International, the airline which prides itself on being the ‘second’ national carrier of Pakistan, reiterated that again during an aggressive press conference today. Shaheen Airlines failed to meet their excise duties, authorities have sent a notice to shutdown the airline’s operations.Shaheen Airlines has failed to pay its outstanding dues to Federal Excise Duty, amounting to a massive Rs. Shaheen Air International CMO Zohaib Hassan said, “Shaheen Air has not announced any precise closure, but its offices have been shut for the past two weeks.”He said that they are still waiting for the reopening of the airline. #shaheen #airbus #a330 ️ FLIGHT REVIEW | Shaheen Airline A330-200 | Islamabad to Manchester | 01/01/2017 Signviation. Shaheen Air International Limited under Federal Excise Act. Another employee of Shaheen Air who wanted to remain anonymous said that after the Saudi Prince heard about the cases against the airline, he decided to withdraw from it.He said, “One can sense by the fact that the offices of the business, one is going to invest in, are sealed by the authorities, they are not happy, why would one want to mess with them.”It is pertinent to tell our readers that the airline in big trouble, with a debt of PKR 1.36 billion to the Furthermore following the non-payment of dues the airline’s head office and hangar premises were vacated, thus it seems that the airline would have to close its services. Among some critical underlying issues brought into public knowledge and media spotlight, was the issue of Pakistan Civil Aviation’s heavy inclination to support foreign carriers coming into Pakistan, at the […] It reads:The recovery of Federal Excise Duty amounting to Rs.
Its headquarters are at Karachi’s Jinnah International Airport. Another employee of Shaheen Air who wanted to remain anonymous said that after the Saudi Prince heard about the cases against the airline, he decided to withdraw from it. 521 million, and is getting barred from … Find out why Close. Shaheen Air provided passenger, cargo, and charter services to major cities in Pakistan and across Gulf State countries in the… Pakistan’s aviation market. 2005 read with Federal Excise Rules, 2005.Shaheen Airlines asked to shut down operations after it owes Rs 521 million in federal excise duty Furthermore, it states that the duty was payable for the month of March 2018.Following the Sub-Rule (c) of Rule-60 of Federal Excise Rules 2005, Shaheen Airline cannot continue to operate its flights until it pays the outstanding debt.It will have to make the payment, and then wait for the authorities’ approval before getting to re-continue its business.This could mean a huge loss-making factor for the airline, as even few hours of inactivity can severely and adversely affect businesses the size 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 local transportation sector has always been in a pitiful state, be it airlines or inter-city bus/van networks, neither the authorities nor the local businesses give any regard to customer service, safety, or even true and fair business ideologies.Why they can’t paid the tax ? The airline's majority owner was the Shehbai family.
Shaheen Air ICAO – SAI/IATA – NL was a privately owned airline that was the second largest Pakistani airline. Copyright © 2020 Research Snipers All rights reserved.
He said, “One can sense by the fact that the offices of the business, one is going to invest in, are sealed by the authorities, they are not happy, why would one want to mess with them.” Shaheen Airlines has failed to pay its outstanding dues to Federal Excise Duty, amounting to a massive Rs. AerCap already has a foot in the door as it manages two Boeing 777-200s which are currently operated by Pakistan’s flag carrier, Pakistan International Airlines.
Government should take serious action against those companyDoes anyone knows that AirBlue is also defaulter for payments to PSO, CAA and FBR .Secondly as letter reads this is amount for only for “Month of March” not a years pile up dues and they failed to pay in-time by 15-05-2018 and you are shutting down their business.obviously not, but that’s the system which took years to become robust.
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