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 Lahore

FTO adjourns case of Royal Trading Company against RTO-II

bySajid Nawaz
17/04/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has adjourned a case filed by proprietor The Royal Trading Company Lahore against the Regional Tax Office (RTO-II) Lahore until the next date of hearing.

FTO Advisor Tariq Yousaf Consultant (I&M) heard the case filed by Muhammad Umer, proprietor of The Royal Trading Company Lahore. The counsel for appellant argued that the RTO has failed to release the sales tax refund to the appellant since two years.

You might also like

KP govt to present three-month budget

16/06/2026

Petrol prices in Pakistan likely to decline

16/06/2026

He said the RTO-II collected excessive tax from the company during the last two years. The petitioner approached the officials concerned several times for issuance of the refunds, but the RTO officials failed to clear the refunds even after the passage of reasonable time.

Finally, the appellant decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO-II to clear the refund claims.

The counsel further said the delay in issuance of refunds put the burden on the taxpayer as the RTO-II should make audit of the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for RTO-II argued that the appellant has not submitted all record in the office for claim of refunds. If appellant provides accurate record, the RTO-II will issue the refunds after a proper assessment, he added.

After hearing the arguments from both sides, Advisor Tariq Yousaf adjourned the case of proprietor of The Royal Trading Company Lahore until next date for further hearing and directed the parties to appear before him on the said date to present arguments in the case.

Related Stories

KP govt to present three-month budget

byCT Report
16/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has decided to present only a three-month budget for the next financial year instead of...

Petrol prices in Pakistan likely to decline

byCT Report
16/06/2026

ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...

Govt eyes more global bond issues, sees budget upside from Iran deal

byCT Report
16/06/2026

ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is...

FBR notifies fresh customs values of steel pipes vide VR No68/2026

byCT Report
16/06/2026

KARACHI: The Federal Board of Revenue (FBR) has notified revised customs values for imported carbon steel seamless pipes through Valuation...

Next Post

Customs Appellate Tribunal postpones hearing of cases filed by M/s Yarkan during 2nd week of April

  • 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.