INSUBCONTINENT EXCLUSIVE:
Shaheen Air's local flight operations suspended over failure to pay Federal Excise Duty KARACHI: The Federal
pay Federal Excise Duty (FED) amounting to millions of rupees.The FBR has also directed a bank to attach all the accounts of the company
with immediate effect.According to a letter sent to the CAA Director General, an amount of Rs 521.397 million is recoverable from the
month of March, 2018 has not been paid up to due date which is 15-05-2018, the letter said."In exercise of powers conferred under Sub-Rule
(c) of Rule-60 of Federal Excise Rules, you are here by required to immediately stop local flight operations of M/s Shaheen Air
International Limited till the amount mentioned above is recovered and information in this regard is issued to you by this office," the
letter said.Beside suspending the flight operations, the FBR has also directed a bank to attach accounts of the airline with immediate
International (SAI) spokesperson has stated that there is no conflict between the airline and Federal Board of Revenue over payments as this
We are a law abiding corporate entity and we are aware of our duties and responsibilities
