FBR Probes 2 Oil Companies Over Alleged Tax Evasion During Iran US War

The Federal Board of Revenue (FBR) has launched an investigation into two oil marketing companies (OMCs) and ordered an audit after customs officials told a Senate committee that several companies allegedly evaded taxes during the Iran United States conflict by delaying duty payments on petroleum products.

The committee, chaired by Senator Rana Mahmood ul Hassan, was informed that significant fluctuations in the petroleum levy during the conflict created opportunities for some oil companies to delay tax payments.

Customs officials told lawmakers that several companies allegedly lifted petroleum products and sold them through dealers before paying the applicable duties. They said the taxes that should have been deposited at the time of lifting the products were instead paid later, after the petroleum levy had declined.

Officials said transporting and selling petroleum products without first paying the required duties is a violation of the law. They alleged that some companies delayed payments until levy rates fell, reducing the amount ultimately paid to the national exchequer.

According to customs officials, the alleged irregularities came to light when the Oil and Gas Regulatory Authority (OGRA) received subsidy claims from oil companies, prompting authorities to examine their payment records.

The committee was informed that the FBR has initiated an investigation into two oil marketing companies, while an audit has also been ordered to determine the scale of the alleged tax evasion and identify any additional companies that may have been involved.

During the same meeting, the Senate committee approved the Civil Servants (Amendment) Bill, 2026, while a proposal related to officers serving on deputation was referred to the federal cabinet for further consideration.