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M/s Master Motor Corp moves SHC against tax recovery notice by Inland Revenue Audit Unit-IV

byM.B. Rana
15/05/2017
in Karachi, Latest News
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KARACHI: M/s Master Motor Corporation (Private) Limited has moved Sindh High Court (SHC), challenging impugned notice issued by assistant commissioner Inland Revenue Audit Unit-IV, Zone-II LTU Karachi for recovery of the alleged evaded sales tax and penalty .

In its constitutional petition, the company stated that it is engaged in the lawful business of assembling and sales of light trucks of Chinese brand and always pays all liabilities properly.

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According to the petitioner, the respondent issued a show cause notice to it under section 4 (2) of the Sales Tax Act 1990, alleging a few discrepancies, therefore, the petitioner submitted its reply along with all the relevant documents. Having found the reply unsatisfactory, the officials of the tax authority issued the notice requiring the petitioner to pay the evaded sales tax along with penalty.

He further submitted that being aggrieved, it moved an appeal before commissioner Inland Revenue Appeals-II Karachi which is still pending for disposal, and however, during pendency of such appeals, petitioner is being threatened by officials of the tax department.

Citing Secretary Ministry of Finance, chairman Federal Board of Revenue (FBR), commissioner Inland Revenue Appeals-III, commissioner Inland Revenue Zone-II LTU, assistant commissioner Inland Revenue Audit Unit-IV, Zone-II LTU Karachi as respondents, petitioner pleaded the court may restrain them from taking any coercive action against the petitioner and direct Commissioner Inland Revenue Appeals to decide its appeal within reasonable period.

 

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