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

FBR challenges SHC verdict granting exemption from customs duty on import of tiles

byM.B. Rana
10/04/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Supreme Court of Pakistan directed counsel for Federal Board of Revenue to conclude his final arguments on civil petition for leave to appeal filed by Collector of Customs Appraisement West, Port Muhammad Bin Qasim, East and chairman FBR against verdict of SHC which granted relief to 60 importers regarding exemption from customs duty on import of tiles.

On April 09, 2019, a two-member bench, comprising Justice Maqbool Baqar and Justice Sajjad Ali Shah was hearing the matter.

You might also like

IMF forecasts slower growth, higher inflation for Pakistan

09/05/2026

Govt raises petroleum levy; taxes hike petrol, diesel prices

09/05/2026

During the hearing, counsel for the petitioners argued that M/s Morosh and other 59 importers of tiles have filed the petitions being aggrieved with the SRO 1035(1)/2017, and prayed the importers’ goods (tiles) are exempted from customs duties in excess of 37.5 percent in terms of SRO 497(1)/2009 dated 13/06/2009 and any duty including regularity duty, additional customs duty or otherwise on excess of 37.5 percent as provided under SRO 497(1)/2009 is not applicable to the consignments of the petitioners.

He further argued that a division bench of SHC without considering the facts has allowed the judgment, which is detrimental to the smooth collection of much-needed revenue, by issuing impugned judgment dated 23/04/2018.

He submitted that SHC has allowed un-due relief to the importers, which is fatal to the exchequer.

Citing 60 importers including M/s Agility & Co, M/s M.S.W & Company, M/s Noor & Son, M/s Malik Traders, M/s Pak Traders, M/s ASH-HUB Enterprises as respondents, petitioner pleaded the court to grant leave to appeal against the impugned judgment dated 23.04.2018 passed by the division bench of SHC and further be pleased to stay/ suspend the operation of the impugned judgment/ order decision of this petition.

 

 

Related Stories

IMF forecasts slower growth, higher inflation for Pakistan

byCT Report
09/05/2026

ISLAMABAD: The International Monetary Fund has projected slower economic growth and higher inflation for Pakistan, highlighting the need for continued...

Govt raises petroleum levy; taxes hike petrol, diesel prices

byCT Report
09/05/2026

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

byCT Report
09/05/2026

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

byCT Report
09/05/2026

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Next Post

Port Qasim claims irregular losses worth Rs761.109m

  • 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.