ISLAMABAD: A division bench of the Islamabad High Court (IHC) issued notices to the Federal Board of Revenue and Customs Appellate Tribunal while hearing a couple of tax matters on Monday (today).
A division bench of the IHC comprising Justice Justice Aamer Farooq and Justice Miangul Hassan Aurangzeb was hearing cases filed by Pepsi Cola International (Private) Limited and M/s Mari Petroleum Company.
The bench relisted the cases to be heard along with other cases of similar nature. Former appellant had filed case against Customs Appellate Tribunal, carrying a complaint about customs duty and federal excise duty. M/s Mari Petroleum Company had recently filed this income tax matter.
M/s Mari Petroleum Company had challenged a recovery claim made by field office of Federal Board of Revenue (FBR).
M/s Mari Petroleum Company had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.
M/s Mari Petroleum Company had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.
The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.
M/s Mari Petroleum Company had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.
M/s Mari Petroleum Company had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not addressed grievances of the appellant.
Federal Board of Revenue (FBR), officers of LTU including commissioner Inland Revenue, and others were made respondent in the tax reference.
