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 hearing of case filed by M/s Shiraz Stainless Steel Industry against RTO Gujranwala

bySajid Nawaz
23/08/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Shiraz Stainless Steel Industry against the Regional Tax Office (RTO) Gujranwala until the next date.

FTO Consultant Tariq Yousaf heard the complaint number FTO-LHR/ 0000118/17 of M/s Shiraz Stainless Steel Industry in which counsel for appellant argued that the RTO has failed to release the sales tax refunds since two years.

You might also like

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

03/06/2026
xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

03/06/2026

He said the RTO-II has been collecting excessive tax from the company for the last two years. So he approached the commissioner concerned several times for the release of the refunds but the RTO-II officials did not entertain his request, even after the lapse of a reasonable time.

Finally, the company decided to approach the FTO seeking his intervention in this case. The counsel appealed the FTO consultant to direct the RTO Gujranwala to clear the refund claims.

The counsel further said delay in release of refunds puts the burden on the taxpayers, he said, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayers.

On the other hand, counsel for RTO argued that appellant M/s Shiraz Stainless Steel Industry has not submitted all the record in the office on the basis of which the company is claiming refunds.

After hearing the arguments from both sides, FTO put off the case until further hearing and directed the parties to appear on the date to present arguments. FTO will hear the case after Eid.

Related Stories

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

byCT Report
03/06/2026

ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

byCT Report
03/06/2026

ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...

Govt mulls tax relief package for exporters in Budget 2026-27

byCT Report
03/06/2026

LAHORE: The federal government is reportedly preparing a package of tax relief measures for exporters as part of the upcoming...

Pakistan offers Maritime projects to Saudi investors

byCT Report
03/06/2026

KARACHI: Saudi Arabia has signalled its intent to invest in the maritime sector of Pakistan, including the strategically important Gwadar...

Next Post

10% WHT on over Rs1,000 internet, telephone bills

  • 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.