LAHORE: The Federal Tax Ombudsman (FTO) has postponed the hearing of a case filed by M/s Shakargunj Food Products against Large Taxpayers Unit (LTU) Lahore until the next date.
According to the details, FTO Advisor Mian Munawar Ghafoor heard the case filed by M/s Shakargunj Food Products. The counsel for the appellant argued that LTU had failed to release the sales tax refund to the appellant for the last two years.
He said that LTU collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds but the LTU officials failed to clear the refunds after the passage of a reasonable time.
Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO) seeking interference in this case. The counsel appealed the FTO advisor to direct the LTU to clear the refund claims.
The counsel further said that the delay in issuance of refunds put burden on the taxpayers, adding that the LTU should make audit of the cases and release the extra amount collected by it from the taxpayer.
On the other hand, counsel for LTU argued that the appellant has not submitted all record in the office for claiming refunds. If appellant provides accurate record, the LTU will issue the refunds after proper assessment, he added.
After hearing the arguments from both sides, Advisor Tariq Yousaf adjourned the case until next date for further hearing and directed the parties to appear on said date to present arguments in the case.
