ISLAMABAD: The Islamabad High Court (IHC) on Thursday directed the Federal Board of Revenue (FBR) to decide the application of M/s MOL Pakistan and Gas Company within 45 days.
While disposing of the case, a single bench of the IHC comprising Justice Aamer Farooq also barred the FBR field office, Large Taxpayers Unit (LTU), from recovering Rs 177.3 million from the appellant.
The LTU, Inland Revenue (IR) commissioner, IR-Appeals commissioner and Appellate Tribunal Inland Revenue (ATIR) were made respondent in the case.
Through the petition, M/s MOL Pakistan and Gas Company complained against the LTU officer who had issued an assessment on May 30, 2016. The petitioner claimed that the recovery notice issued under the head of sales tax was illegal.
The company informed the court that its stay application was pending before the LTU IR-Appeals commissioner. It also requested the court to declare the assessment order issued by the LTU officer illegal, unlawful and without legal grounds.
