*KARACHI: The Federal Board of Revenue (FBR) has asked the Civil AviationAuthority (CAA) to suspend local flight operations of Shaheen Air for itsfailure to pay Federal Excise Duty (FED) amounting to millions of rupees.*
The FBR has also directed a bank to attach all the accounts of the companywith immediate effect.
According to a letter sent to the CAA Director General, an amount of Rs521.397 million is recoverable from the Shaheen Air International Limitedunder Federal Excise Act 2005 read with Federal Excise Rules 2005.
The Federal Excise Duty payable for the month of March, 2018 has not beenpaid up to due date which is 15-05-2018, the letter said.