Finance Act, only 25% of fine will be charged on payment of audit duty

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ISLAMABAD (Report, Hanif Khalid) A person registered under the Finance Act 2026-27 has been given the facility to settle the matter by paying only 25% of the fixed penalty for submission of due or underpaid duty, duty stolen amount and default surcharge during audit or before issue of show cause notice, while 50% of the penalty has to be paid in case of payment after issue of show cause notice.



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