SASCO says appeal for 2014-2018 Zakat declarations rejected, reconsideration petition to be filed

22/01/2023 Argaam

SASCO says appeal for 2014-2018 Zakat declarations rejected, reconsideration petition to be filed

A SASCO fuel station

Saudi Automotive Services Co. (SASCO) received today, Jan. 22, from its Zakat advisor the General Secretariat of the Tax Committees’ (GSTC) decision on its appeal to the decision of the Zakat, Tax and Customs Authority (ZATCA) to amend the Zakat declarations for 2014-2018, which was accepted in a form but rejected in substance.

 

Accordingly, SASCO will submit a petition for reconsideration of this decision within 30 days from its receipt, the company said in a statement on Tadawul.

 

Any update regarding this matter will be announced promptly, the statement added.

 

In December 2020, SASCO received letters from ZATCA requiring it to adjust its Zakat reports for the period from 2014 to 2018, and pay Zakat differences worth SAR 12.33 million, Argaam reported.

 

On Oct. 25, 2021, the company received a statement from its Zakat advisor regarding letters from ZATCA to amend the 2014-2018 Zakat declarations. It also received an email from the GSTC stating the case dismissal, as the grievance was submitted to the special committee after the statutory period.

 

SASCO then appealed, in January 2022, the decision of ZATCA to amend the Zakat declarations for 2014-2018.

 

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