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 Islamabad

Pak Hy Oils Ltd moves SHC challenging LTU’s recovery notice

byM.B. Rana
31/05/2017
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Pak Hy Oils Limited approached the Sindh High Court (SHC), challenging recovery notice amounting to Rs1,764,544 issued by Deputy Commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi.

Counsel for the petitioner stated in its constitutional petition that petitioner is a private limited company and engaged in lawful business of manufacturing and supplying of refined petroleum and having STRN.

You might also like

Major gas discovery in Sindh boosts energy security

10/09/2026

Pakistan, Australia aim to update bilateral investment treaty by December

10/09/2026

He argued that his counsel never involved in any tax evasion case, however, deputy commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi passed an order dated 27/03/2017 under section 11 (2) of the Sales Tax Act 1990 against petitioner and creating the demand of Rs1,764,544 without lawful authority.

According to counsel, being aggrieved, petitioner moved to appellate forum and filed an appeal along with stay application which is still pending for disposal. However during the pendency of such appeal, petitioner has apprehension of coercive action from respondents.

Citing secretary Revenue Division, commissioner Inland Revenue Appeals-IV, commissioner Inland Revenue E&C Unit-II, Zone-III Large Taxpayers Unit-II and deputy commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi as respondents, petitioner pleaded the court may restrain the tax department from taking any coercive action against it.

Related Stories

Major gas discovery in Sindh boosts energy security

byCT Report
10/09/2026

KARACHI: Pakistan has taken another step towards strengthening its energy security after a major gas discovery was made in Sindh,...

Pakistan, Australia aim to update bilateral investment treaty by December

byCT Report
10/09/2026

LAHORE: Australian High Commissioner to Pakistan Timothy Kane has expressed hope that the Pakistan-Australia Bilateral Investment Treaty will be updated...

Govt cuts duties on imported mobile phones, premium handset RD falls 20pc

byCT Report
10/09/2026

LAHORE: The government has reduced regulatory and additional customs duties on imported mobile phones for FY2026-27, with regulatory duty (RD)...

PM Shehbaz gives in-principle approval to Pakistan’s new Auto Policy 2026-31

byCT Report
10/09/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has given in-principle approval to Pakistan’s proposed Auto Policy 2026-31, paving the way for further...

Next Post

Customs Appellate Tribunal chairman to hear important cases today

  • 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.