Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

17-22% GST on petroleum products: IHC issues notices to Secy Finance, OGRA, FBR

byCustoms Today Report
22/01/2015
in Business
Share on FacebookShare on Twitter

RAWALPINDI: The Islamabad High Court (IHC) has issued notices to the finance secretary, chairmen of FBR and OGRA in a petition challenging the SRO of federal government for increasing GST on petroleum products from 17 to 22 per cent.

A single bench of IHC comprising Justice Amir Farooq issued the notices in a petition of Muhammad Mazhar Qayyum who cited federation of Pakistan through secretary ministry of finance & economic affairs division, chairman Federal Board of Revenue (FBR) and chairman Oil & Gas Regulatory Authority (OGRA) through its chairman as respondents.

You might also like

Pakistan eyes $25m annual buffalo genetics exports to China

11/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

The IHC bench also directed respondents to submit their reply in this matter and adjourned the hearing for further proceedings with date in office.

The petitioner adopted before the court that he is associated with goods forwarding business in Islamabad and increase in GST affects his business.
In his petition, he stated that federal government on December 30, 2014 through an SRO announced imposition of 22 per cent general sales tax (GST) on petroleum products.

He contended that the forcible imposition of 5 per cent GST in addition to already prevailing 17 per cent on petroleum products by the respondents is totally unconstitutional and illegal.
Mazhar maintained that the increase in GST or any other Tax can only be levied under Article 77 of the constitution that says “No Tax shall be levied for the purpose of the Federation except by or under the authority of Act of Majlis-e-Shoora/ Parliament.
”
He further argued that taxation through any executive Order is unconstitutional in view of Article 162 and the present move of Federation to increase the GST on Petroleum Products also violates the Supreme Court rulings.

He added that if the instant illegal act of the respondent is not set-aside by the court, then the petitioner and public at large would suffer irreparable economic and financial blow.
Therefore, he prayed to the court to declare the SRO dated December 30, 2014 as illegal and unconstitutional.

Tags: 17 to 22% GST on petroleum productsFBR chiefsIHC issues noticesOGRAsecy finance

Related Stories

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

byCT Report
09/06/2026

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Pak-Italy trade witnesses over 18pc surplus in 10 months

byCT Report
08/06/2026

ISLAMABAD, Jun 8 (APP): Pakistan’s goods and services trade with Italy witnessed a surplus of 18.41 percent during the first...

Next Post

Central bank of Croatia sells 326.2m euros to support Kuna

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.