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

Property tax issue: Excise Dept unsealed Gaddafi Stadium after three hours of seizure

byCustoms Today Report
30/04/2015
in Business
Share on FacebookShare on Twitter

LAHORE: Excise and taxation officials of Pakistan Punjab, accompanied by police, sealed the Gaddafi Stadium here on Thursday, claiming to be acting in accordance with the orders of the Lahore High Court pertaining to application of property tax.

Following the unseemly haste, the stadium main gate was, however, unsealed by the same officials about three hours later and Pakistan Cricket Board (PCB) officials filtered into their offices to resume their daily routine after another hour’s delay.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

Since on PCB’s appeal, the court had only allowed property tax from 2002 to 2004, instead of 1996-2004 which was the Excise and Taxation Department’s original plea, fresh notices calculated in terms of the Lahore High Court judgment were yet to be issued.

Also the judgment had not been signed till after the stadium was sealed.

“We shall abide by the verdict of the court after our legal department has gone through the detailed judgement. The PCB is a law abiding organisation which duly pays all its taxes,” PCB Chairman Shaharyar Mohammad Khan said

“We are perhaps the most taxed sports organisation in the entire country. To the Punjab government, the PCB pays tens of millions as commercialisation fee annually at the rate of 20 percent of revenue.”

The chairman added that: “At the moment PCB is engaged with Zimbabwe Cricket and Zimbabwe is about to become the first team in six years to visit this country. The revival of international cricket in Pakistan is the desire of every Pakistani.

“At such an auspicious occasion, sending such a negative signal to the international cricketing community is not in consonance with promoting the national cause.”

Zimbabwe will tour Pakistan to play three One-Day Internationals (ODI) and two Twenty20 Internationals in May. International cricket was stopped in Pakistan following a terrorist attack on the Sri Lankan cricket team’s bus here in 2009.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

PM to brief political leaders on CPEC: Dar

  • 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.