The Federal Board of Revenue (FBR) has issued recovery notices to Pakistan State Oil (PSO) and six other oil marketing companies over the alleged underpayment of petroleum levy, climate support levy, and customs duties amounting to nearly Rs. 10 billion on imported petroleum products.

According to official documents, the tax authority believes the companies paid lower levies and duties than what was due based on the quantity of petroleum products discharged at their import terminals. The total alleged shortfall has been estimated at Rs. 9.99 billion.

PSO accounts for the largest share of the disputed amount, with the FBR seeking approximately Rs. 8.20 billion. Notices have also been issued to Puma Energy, Pak-Arab Pipeline Company, Hi-Tech Lubricants, BE Energy Limited, Taj Gasoline, and Gas & Oil Pakistan Limited (GO).

The FBR said a comparison of the companies’ declared payments with its import records revealed discrepancies in the amounts paid toward petroleum levy, climate levy, and customs duties.

The notices specify alleged outstanding liabilities of Rs. 135.3 million for Puma Energy and Pak-Arab Pipeline Company, Rs. 116.8 million for Hi-Tech Lubricants, Rs. 250.6 million for BE Energy, Rs. 260.5 million for Taj Gasoline, and Rs. 222.2 million for Gas & Oil Pakistan.

The companies have been directed to explain the discrepancies and clear any outstanding dues. The FBR has warned that failure to respond within the stipulated time or settle the claimed liabilities could lead to legal action under the relevant tax laws.