ISLAMABAD: The Supreme Court has referred the tax fixation matter on development projects of Kahuta Research Laboratories (KRL) to the Lahore High Court Rawalpindi bench and ordered to decide the matter in six months.
A three-member bench of the apex court, headed by Justice Mian Saqib Nisar and comprising Justice Maqbool Baqar and Justice Khilji Arif Hussain, heard the case.
According to the petition a contractor of KRL filed petition in the LHC Rawalpindi bench against collection of extra tax on development projects. The contractor stated that he was ready to pay tax according to volume of the project. He pleaded the high court to fix tax according to volume of the project. However, the court disposed of the case without fixing tax.
During hearing of the case, Advocate Muhammad Amir counsel for the petitioner informed the court that his client was awarded projects worth Rs 30 million and three per cent tax should be imposed according to law but the authorities were pressurising his client to pay six percent.
He pleaded the court to issue orders to the High Court for the fixation of tax according to volume of the project as per law. The court referred the case back to LHC with direction to decide the matter within a period of six months.
