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 Karachi

SHC seeks comments on petition filed by M/s Fauji Fertilizer

byM.B. Rana
08/11/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has directed parties to file comments on a constitutional petition filed by M/s Fauji Fertilizer Company Limited against collection of sales taxes on imports twice — firstly under section 3 (1) of the act and secondary under section 58 (b) of the special procedure rules @ 3% of the value addition.  A two-member bench, headed by Justice Munib Akhtar, heard the petition.

Earlier, counsel for the petitioner stated that it is one of the largest commercial importer of fertilizer and contributes a huge money to the national exchequer in respect of duties, taxes and sales taxes. However, officials of the tax department are charging sales tax on imports from the petitioner twice.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

He submitted that the total value addition sales tax paid by the petitioner at the import stage for the tax periods 01/07/2016 to 30/06/2017 is Rs 363,766 384, he inter-alia challenges under article 199 of the constitution of Islamic Republic of Pakistan, 1973.

Citing Secretary Ministry of Finance, chairman Federal Board of Revenue, Customs Collectorate KEWB, Imports East Bulk, Customs Collectorate East, Customs Collectorate West and others, he pleaded the court to declare act of the respondents as illegal, mala fide and arbitrary and court also may declare that the arbitrary interpretation to the provisions of section 3 (I) of the Sales Tax Act, 1990 and chapter X of the sales tax special procedure rules 2007 are unconstitutional, without jurisdiction, illegal and having no legal effect.

 

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Peshawar Dr Port earns Rs192m of profit during October

  • 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.