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 National

FBR barred from collecting Rs2.5b sales tax from Pedo

byCT Report
22/06/2016
in National
Share on FacebookShare on Twitter

PESHAWAR: The Peshawar High Court has barred Federal Board of Revenue from collecting Rs2.5 billion from the Pakhtunkhwa Energy Development Organisation (Pedo) on account of sales tax on power generation.

A bench, consisting of Chief Justice Mazhar Alam Miankhel and Justice Roohul Amin Chamkani, also suspended a sales tax notice by the FBR on June 20 and issued notices to the respondents, including the FBR, the deputy commissioner (Inland Revenue) Peshawar, and the National Transmission and Dispatch Company, Islamabad, to respond to the petition.

You might also like

Pakistan’s trade deficit soars by 18.11% to $7.11 billion

03/09/2026

Afghanistan border closure pushes Pakistan’s poultry industry into deepening crisis

31/08/2026

Pedo’s lawyer Shumail Ahmad Butt said the FBR officials had been raiding different banks where his client held accounts asking them to pay the controversial amount from there. He alleged that even the bank officials were threatened with stringent action and arrests over failure to pay the said amount from the Pedo accounts.

Butt said the power generation units in question, Malakand III Hydel Power Project, was situated in Provincially Administered Tribal Areas (Pata) and was thus not amenable to Sales Tax. He said the Sales Tax Act had not been extended to Pata in terms of Article 247 of the Constitution.

The bench fixed June 26 for the next hearing into the case asking the FBR to stop the recovery of the sales tax in question from the Pedo.

Related Stories

Pakistan’s trade deficit soars by 18.11% to $7.11 billion

byCT Report
03/09/2026

ISLAMABAD: Pakistan’s trade deficit has soared by 18.11% during the first two months of the current fiscal year, rising from...

Afghanistan border closure pushes Pakistan’s poultry industry into deepening crisis

byCT Report
31/08/2026

PESHAWAR: Pakistan’s poultry sector is facing a prolonged supply glut and mounting financial losses as exports to Afghanistan have remained...

PHC stops 3pc tax collection from steel industry

byCT Report
29/08/2026

PESHAWAR: The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry...

WB, KP govt review ongoing collaboration, future partnership

byCT Report
29/08/2026

PESHAWAR: Advisor to Chief Minister Khyber Pakhtunkhwa for Finance, Muzzammil Aslam, and Chief Secretary Khyber Pakhtunkhwa, Shahab Ali Shah jointly...

Next Post

'Hot Jupiter' planet orbiting newborn star surprises scientists

  • 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.