The National Board of Revenue has finalised the rules of collection of environment surcharge and health surcharge keeping a provision of freezing bank accounts of any company for not paying the newly imposed tax and violating any provision of the rules, officials said.
The revenue board may also seize the goods of the company as well as put a ban on release of imported goods and supply of locally produced goods, they said.
The NBR has issued two separate rules on collection of health surcharge and environment protection surcharge which came into effect from July 1.
The industries pollute environment such as air, water and soil and put negative impact on livelihood and health of human beings, livestock, wildlife, fisheries, animals and plants, and household work, industry, agriculture, entertainment and other means of life and hence they would be liable to pay the surcharge.
According to the rule on health surcharge, all kinds of tobacco products including Bidi, cigarette, gul, zarda, hooka and other smoking and chewing tobacco will come under health surcharge.
The government in the budget for the new fiscal year of 2014-15 imposed one per cent surcharge on the total value of imported
and locally produced tobacco products and one per cent surcharge on the total prices of products produced by environment polluting industries.
According to the rule, environment surcharge would be levied during collection of value-added tax on products produced by environment polluting factories.
Health surcharge would be collected at import stage and production stage of tobacco items, the rule stated.
-With New Age input
